ELV or AMEH: Which Is the Better Value Stock Right Now?

Core Insights - Elevance Health (ELV) is currently rated as a better investment option compared to Apollo Medical Holdings, Inc. (AMEH) based on Zacks Rank and valuation metrics [1][3] Valuation Metrics - ELV has a forward P/E ratio of 13.83, significantly lower than AMEH's forward P/E of 27.31, indicating that ELV may be undervalued [2] - The PEG ratio for ELV is 1.15, while AMEH's PEG ratio is 2.38, suggesting that ELV has a more favorable earnings growth outlook relative to its price [2] - ELV's P/B ratio stands at 3.06, compared to AMEH's P/B of 3.71, further supporting the argument that ELV is a more attractive value stock [2] Investment Outlook - ELV is currently experiencing an improving earnings outlook, which enhances its attractiveness as a value investment [3] - The overall Value grade for ELV is A, while AMEH has a Value grade of C, indicating a stronger position for ELV in the value investment category [2][3]