AXS or KNSL: Which Is the Better Value Stock Right Now?

Core Viewpoint - Investors interested in Property and Casualty insurance stocks may find Axis Capital (AXS) to be a more attractive option compared to Kinsale Capital Group, Inc. (KNSL) due to its better valuation metrics and improving earnings outlook [1]. Valuation Metrics - Axis Capital has a forward P/E ratio of 8.62, significantly lower than Kinsale Capital's forward P/E of 21.00 [5]. - The PEG ratio for AXS is 1.06, while KNSL has a PEG ratio of 1.42, indicating AXS may offer better value relative to its expected earnings growth [5]. - AXS has a P/B ratio of 1.45 compared to KNSL's P/B of 4.95, further suggesting that AXS is undervalued [6]. Earnings Outlook - AXS currently holds a Zacks Rank of 2 (Buy), indicating a positive earnings estimate revision trend, while KNSL has a Zacks Rank of 3 (Hold) [3]. - The improving earnings outlook for AXS makes it a standout option in the Zacks Rank model [7]. Value Grades - Based on various valuation metrics, AXS holds a Value grade of B, whereas KNSL has a Value grade of C, reinforcing AXS's position as the superior value option [6].