Is Lenovo Group (LNVGY) Stock Undervalued Right Now?

One company value investors might notice is Lenovo Group (LNVGY) . LNVGY is currently holding a Zacks Rank of #2 (Buy) and a Value grade of A. The stock is trading with P/E ratio of 11.97 right now. For comparison, its industry sports an average P/E of 26.58. Over the past 52 weeks, LNVGY's Forward P/E has been as high as 14.22 and as low as 6.79, with a median of 9.81. Value investors also love the P/S ratio, which is calculated by simply dividing a stock's price with the company's sales. This is a prefere ...