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

Core Viewpoint - The comparison between Bank of Nova Scotia (BNS) and ICICI Bank Limited (IBN) indicates that BNS currently offers better value for investors based on various financial metrics and earnings outlook [1][3][7] Valuation Metrics - BNS has a forward P/E ratio of 13.11, while IBN has a forward P/E of 19.52, suggesting BNS is more attractively priced [5] - The PEG ratio for BNS is 1.51, compared to IBN's PEG ratio of 1.53, indicating similar expected earnings growth rates but a better valuation for BNS [5] - BNS has a P/B ratio of 1.46, significantly lower than IBN's P/B of 2.73, further supporting BNS's valuation advantage [6] Earnings Outlook - BNS has experienced stronger estimate revision activity, which is a positive indicator for its earnings outlook compared to IBN [3][7] - The Zacks Rank for BNS is 2 (Buy), while IBN is rated 4 (Sell), reflecting a more favorable investment sentiment towards BNS [3]