Should Value Investors Buy Adtalem Global Education (ATGE) Stock?

Core Viewpoint - Adtalem Global Education (ATGE) is currently identified as a strong buy with attractive valuation metrics, indicating it may be undervalued in the market [2][3]. Valuation Metrics - ATGE holds a Zacks Rank of 1 (Strong Buy) and a Value grade of A, with a current P/E ratio of 11.72, significantly lower than the industry average P/E of 21.51 [2]. - The stock's Forward P/E has fluctuated between 7.90 and 13.56 over the past year, with a median of 9.98 [2]. - ATGE has a PEG ratio of 0.78, compared to the industry average PEG of 1.27, indicating a favorable valuation relative to expected earnings growth [2]. - Over the past 52 weeks, ATGE's PEG has ranged from 0.53 to 0.90, with a median of 0.67 [2]. Price-to-Book Ratio - ATGE's P/B ratio stands at 1.88, which is attractive compared to the industry average P/B of 3.71 [3]. - The P/B ratio has varied between 0.98 and 1.88 over the past 12 months, with a median of 1.36 [3]. Investment Outlook - The combination of these valuation metrics suggests that Adtalem Global Education is likely undervalued, making it a strong candidate for value investors [3].