TD vs. IBN: Which Stock Should Value Investors Buy Now?

Core Viewpoint - The comparison between Toronto-Dominion Bank (TD) and ICICI Bank Limited (IBN) indicates that TD presents a better value opportunity for investors at this time [1]. Valuation Metrics - Toronto-Dominion Bank has a Zacks Rank of 2 (Buy), while ICICI Bank Limited has a Zacks Rank of 3 (Hold), suggesting a more favorable earnings outlook for TD [3]. - TD's forward P/E ratio is 13.03, significantly lower than IBN's forward P/E of 20.80, indicating that TD may be undervalued relative to IBN [5]. - The PEG ratio for TD is 1.68, while IBN's PEG ratio is 2.23, further supporting the notion that TD is a more attractive investment based on expected earnings growth [5]. - TD's P/B ratio stands at 1.58 compared to IBN's P/B of 3.14, highlighting TD's superior market value relative to its book value [6]. - Overall, TD holds a Value grade of B, while IBN has a Value grade of C, reinforcing the conclusion that TD is the superior value option [6].