ZACKS·2025-10-10 16:41Core Viewpoint - Ambev (ABEV) is currently viewed as a better value opportunity compared to Diageo (DEO) based on various financial metrics and Zacks Rank analysis [1][7] Valuation Metrics - ABEV has a forward P/E ratio of 12.29, while DEO has a forward P/E of 14.02, indicating ABEV is more attractively priced [5] - ABEV's PEG ratio is 2.16, compared to DEO's PEG ratio of 3.42, suggesting ABEV offers better value when considering expected earnings growth [5] - ABEV's P/B ratio stands at 2.06, significantly lower than DEO's P/B ratio of 4.03, further supporting ABEV's valuation advantage [6] Earnings Outlook - ABEV is currently exhibiting an improving earnings outlook, which is a positive indicator in the Zacks Rank model [3][7] - The Zacks Rank for ABEV is 2 (Buy), while DEO holds a Zacks Rank of 4 (Sell), reflecting a more favorable investment sentiment towards ABEV [3]