SAN or BNS: Which Is the Better Value Stock Right Now?

Core Viewpoint - Investors are evaluating Banco Santander (SAN) and Bank of Nova Scotia (BNS) for potential undervalued stock opportunities, with SAN currently showing a stronger earnings outlook and valuation metrics [1][3][7]. Valuation Metrics - SAN has a forward P/E ratio of 9.25, while BNS has a forward P/E of 11.45, indicating SAN may be more attractively priced [5]. - The PEG ratio for SAN is 1.00, compared to BNS's PEG ratio of 1.42, suggesting SAN has a better growth-to-price ratio [5]. - SAN's P/B ratio is 1.17, while BNS's P/B ratio is 1.31, further supporting SAN's valuation advantage [6]. Earnings Outlook - SAN is currently experiencing an improving earnings outlook, which enhances its attractiveness in the Zacks Rank model [7].