Is Vodafone Group (VOD) Stock Undervalued Right Now?

Core Viewpoint - Vodafone Group (VOD) is currently identified as a strong value stock, supported by its favorable valuation metrics and earnings outlook [3][6]. Valuation Metrics - VOD holds a Zacks Rank of 2 (Buy) and a Value grade of A, with a current P/E ratio of 9.84, compared to the industry average of 11.00 [3]. - The PEG ratio for VOD is 0.49, which is lower than the industry average of 0.52, indicating potential undervaluation [4]. - VOD's P/B ratio stands at 0.46, significantly below the industry average of 1.16, further suggesting that the stock may be undervalued [5]. Historical Performance - Over the past 12 months, VOD's Forward P/E has fluctuated between a high of 12.50 and a low of 8.12, with a median of 9.80 [3]. - The PEG ratio for VOD has ranged from a high of 6.19 to a low of 0.43, with a median of 0.76 [4]. - VOD's P/B ratio has varied from a high of 0.48 to a low of 0.31, with a median of 0.38 [5]. Investment Outlook - Given the combination of VOD's strong earnings outlook and its undervalued status based on various metrics, it is considered a compelling investment opportunity at this time [6].