AMG or TROW: Which Is the Better Value Stock Right Now?

Core Viewpoint - Affiliated Managers Group (AMG) is currently considered a more attractive option for value investors compared to T. Rowe Price (TROW) based on various valuation metrics [1][3]. Group 1: Company Overview - Both AMG and TROW have a Zacks Rank of 2 (Buy), indicating positive earnings estimate revisions and an improving earnings outlook for both companies [2]. - Value investors utilize several valuation metrics to determine if a company is undervalued at its current share price levels [2]. Group 2: Valuation Metrics - AMG has a forward P/E ratio of 7.45, while TROW has a forward P/E of 15.03, suggesting AMG is more attractively priced [3]. - AMG's PEG ratio is 0.58, indicating a favorable valuation relative to its expected earnings growth, whereas TROW's PEG ratio is 2.32 [3]. - AMG's P/B ratio is 1.18, compared to TROW's P/B of 2.68, further supporting AMG's position as the superior value option [3]. - Based on these metrics, AMG holds a Value grade of A, while TROW has a Value grade of D [3].