CM or IBN: Which Is the Better Value Stock Right Now?

Core Viewpoint - The comparison between Canadian Imperial Bank (CM) and ICICI Bank Limited (IBN) indicates that CM presents a better value opportunity for investors at this time due to stronger earnings outlook and more attractive valuation metrics [1][3][7]. Valuation Metrics - CM has a forward P/E ratio of 12.83, while IBN has a forward P/E of 19.62, suggesting that CM is undervalued compared to IBN [5]. - The PEG ratio for CM is 1.36, compared to IBN's PEG ratio of 1.46, indicating that CM has a more favorable growth outlook relative to its valuation [5]. - CM's P/B ratio stands at 1.91, whereas IBN's P/B ratio is 2.75, further supporting the notion that CM is more attractively priced [6]. Earnings Outlook - CM has a Zacks Rank of 2 (Buy), reflecting a stronger improvement in its earnings outlook compared to IBN, which has a Zacks Rank of 4 (Sell) [3][7]. - The estimate revision activity for CM has been more favorable, reinforcing its position as the superior option for value investors [7].