Should Value Investors Buy Par Pacific (PARR) Stock?

Core Viewpoint - The article highlights Par Pacific (PARR) as a strong value stock, currently rated 1 (Strong Buy) by Zacks Rank, with attractive valuation metrics indicating it may be undervalued in the market [4][7]. Valuation Metrics - PARR has a P/E ratio of 9.61, which is lower than the industry average of 10.55. Over the past 12 months, PARR's Forward P/E has fluctuated between 5.93 and 33.91, with a median of 15.56 [4]. - The stock's P/B ratio stands at 1.57, compared to the industry's average P/B of 2.02. PARR's P/B has ranged from 0.58 to 1.63 in the last year, with a median of 0.80 [5]. - PARR's P/S ratio is 0.3, which is lower than the industry average of 0.43. This metric is favored by value investors as it reflects sales performance, which is less susceptible to manipulation [6]. Investment Outlook - Given the combination of its strong earnings outlook and favorable valuation metrics, Par Pacific is positioned as one of the strongest value stocks in the current market [7].