Should Value Investors Buy Associated BancCorp (ASB) Stock?

Core Viewpoint - Associated BancCorp (ASB) is currently considered a strong value stock, with favorable valuation metrics compared to its industry peers [2][4]. Valuation Metrics - ASB has a P/E ratio of 10.34, which is lower than the industry average of 10.82 [2]. - The stock's Forward P/E has fluctuated between 6.16 and 10.52 over the past year, with a median of 8.11 [2]. - ASB's PEG ratio stands at 1.29, compared to the industry average of 1.35, with a historical range of 0.77 to 1.32 and a median of 1.01 [2]. - The P/B ratio for ASB is 0.84, significantly lower than the industry average of 1.94, with a historical range of 0.56 to 0.95 and a median of 0.68 [3]. - ASB's P/S ratio is 1.47, compared to the industry's average of 1.88 [3]. - The P/CF ratio for ASB is 6.59, which is attractive relative to the industry average of 10.69, with a historical range of 4.43 to 7.77 and a median of 5.35 [4]. Investment Outlook - The combination of these valuation metrics suggests that ASB is likely undervalued, making it an appealing option for value investors [4].