Should Value Investors Buy Associated British Foods (ASBFY) Stock?

Core Insights - The article emphasizes the importance of value investing and highlights specific stocks that exhibit strong value characteristics, particularly Associated British Foods (ASBFY) and United Natural Foods (UNFI) [2][3][7] Company Analysis - Associated British Foods (ASBFY) holds a Zacks Rank of 1 (Strong Buy) and a Value grade of A, with a P/E ratio of 10.43 compared to the industry average of 14.34. Its Forward P/E has fluctuated between 9.40 and 12.63 over the past year, with a median of 11.26 [4] - ASBFY's P/B ratio is 1.4, which is attractive compared to the industry average P/B of 1.68. The stock's P/B has ranged from 1.18 to 1.65, with a median of 1.46 in the last year [5] - United Natural Foods (UNFI) also has a Zacks Rank of 1 (Strong Buy) and a Value Score of A, with a P/B ratio of 1.11, significantly lower than its industry's P/B of 1.68. Over the past 52 weeks, UNFI's P/B has varied from 0.56 to 1.27, with a median of 0.99 [6] Investment Opportunity - Both ASBFY and UNFI are considered undervalued based on their valuation metrics, and their strong earnings outlook further supports their potential as attractive value stocks at the moment [7]