WDC or PSTG: Which Is the Better Value Stock Right Now?

Core Viewpoint - The comparison between Western Digital (WDC) and Pure Storage (PSTG) indicates that WDC is more attractive to value investors due to its stronger earnings outlook and better valuation metrics [1][3]. Valuation Metrics - WDC has a forward P/E ratio of 11.67, significantly lower than PSTG's forward P/E of 31.47 [5]. - WDC's PEG ratio is 0.85, while PSTG's PEG ratio is 1.69, suggesting WDC is more undervalued relative to its expected earnings growth [5]. - WDC's P/B ratio stands at 4.98, compared to PSTG's P/B of 14.99, further indicating WDC's relative undervaluation [6]. Zacks Rank and Style Scores - WDC holds a Zacks Rank of 1 (Strong Buy), while PSTG has a Zacks Rank of 3 (Hold), reflecting a stronger improvement in WDC's earnings outlook [3][6]. - WDC's Value grade is B, contrasting with PSTG's Value grade of F, highlighting WDC's superior valuation metrics [6].