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KNF or JHX: Which Is the Better Value Stock Right Now?
Knife River panyKnife River pany(US:KNF) ZACKSยท2024-06-10 16:45

Core Insights - The article compares two stocks, Knife River (KNF) and James Hardie (JHX), to determine which presents a better value opportunity for investors [4][5]. Valuation Metrics - KNF has a P/B ratio of 3.19, while JHX has a P/B ratio of 7.17, indicating that KNF is valued more favorably in terms of its book value [3]. - The forward P/E ratio for KNF is 19.56, compared to JHX's 20.26, suggesting that KNF may be a more attractive option based on earnings expectations [6]. - KNF's PEG ratio is 2.58, while JHX's PEG ratio is 2.65, indicating that KNF has a slightly better valuation when considering expected earnings growth [6]. Zacks Rank and Style Scores - KNF has a Zacks Rank of 2 (Buy), while JHX has a Zacks Rank of 4 (Sell), reflecting a more favorable earnings outlook for KNF [5][7]. - The Style Score Value grade for KNF is B, while JHX has a Value grade of C, further supporting the notion that KNF is the better value investment [9].