Highlights from Zacks. com from General Motors, Cemex, Centene, Qifu Technology, and Deutsche Bank

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Chicago, IL – January 25, 2024 – Featured in this week’s article are General Motors Co. GM, Cemex CX, Centene CNC, Qifu Technology QFIN and Deutsche Bank Aktiengesellschaft DB.

Value research is the most productive technique for identifying smart deals. While price-to-earnings (P/E) and price-to-sales (P/S) valuation teams are used more for inventory selection, the price-to-book ratio (P/E ratio) is also an easy-to-use tool. Use a metric to identify low-priced inventories with higher prospects for expansion.

The P/E ratio, known as the market cost to e-book cost ratio, is used to calculate how much an investor has to pay for each dollar of a stock’s e-book cost. It is calculated by dividing the existing final value of the stock. through the cost of the e-book consistent with the percentage of the last quarter.

P/E ratio = market capitalization/capital book

The P/B ratio helps to identify low-priced stocks with high growth prospects. General Motors Co., Cemex, Centene, Qifu Technology and Deutsche Bank Aktiengesellschaft are some such stocks.

Now, let’s look at the concept of ebook value.

There are several ways by which book value can be defined. Book value is the total value that would be left over, according to the company’s balance sheet, if it goes bankrupt immediately. In other words, this is what shareholders would theoretically receive if a company liquidates all its assets after paying off all its liabilities.

It is calculated by subtracting general liabilities from a company’s general assets. In most cases, this equates to not unusual equity on the balance sheet. However, depending on the company’s balance sheet, intangible assets will also need to be subtracted from general assets. to the value of the e-book.

By comparing the value of book equity to its market value, we get an idea of whether a company is priced too low or too high. However, like the P/E or P/S ratio, it is more productive to compare P/B ratios within industries.

A P/B ratio of less than one means that the stock is trading at less than its book value or the stock is undervalued and, therefore, a good buy. Conversely, a stock with a ratio greater than one can be interpreted as being overvalued or relatively expensive.

For example, a stock with an P/E ratio of 2 means we pay $2 for every $1 of book value. Therefore, the higher the P/B, the more expensive the value.

But there’s a caveat. A P/E ratio of less than one can also mean that the company is earning low or even negative returns on its assets or that the assets are overvalued, in which case the stock deserves to be avoided as it could simply destroy shareholder value. Conversely, the stock price can be particularly high, raising the P/E ratio to more than one, in the most likely case that the stock has become a buyback target, which explains why holding the stock is sufficient.

Moreover, the P/B ratio is not without limitations. It is useful for businesses like finance, investments, insurance and banking or manufacturing companies with many liquid/tangible assets on the books. However, it can be misleading for firms with significant R&D expenditure, high debt, service companies, or those with negative earnings.

In any case, the ratio is not particularly relevant as a standalone number. One should analyze other ratios like P/E, P/S and debt to equity before arriving at a reasonable investment decision.

Here are five of the 10 teams that qualified for the national team:

Headquartered in Detroit, General Motors is one of the world’s largest automakers. General Motors, along with its strategic partners, produces, sells and services cars, trucks and parts under four core brands — Chevrolet, Buick, GMC and Cadillac. General Motors assembles passenger cars, crossover vehicles, light trucks, sport utility vehicles, vans and other vehicles.

General Motors lately has a No. 2 Zacks score and an A-score. You can see the full list of actions from today’s No. 1 Zacks score here.

General Motors has a projected 3-5-year EPS growth rate of 7.7%.

Cemex is one of the largest cement companies in the world. It is also the world’s largest manufacturer of white cement and the largest marketer of cement and clinker.

CX currently has a number 1 Zacks rank and a B-value score. The company has an expected 3-5 year EPS growth rate of 16. 0%.

Centene is a highly diversified physical care company that primarily supplies a suite of government-sponsored physical care systems. It is also committed to providing education and awareness systems to inform and help its members access adequate, quality fitnessArray.

Centene has a projected 3-5-year EPS growth rate of 11.7%. CNC currently has a Zacks Rank #2 and a Value Score of A.

Qifu Technology is a credit generation platform operating under the 360 Jietiao logo in China. The company offers a full diversity of generation facilities to assist financial institutions, consumers and SMEs in the loan lifecycle, from borrower acquisition to initial credit assessment, fund matching. and post-facilitation facilities.

Qifu Technology lately has a Zacks No. 2 score and an A value score. QFIN has an expected EPS expansion rate of 10. 4% over a 3-5 year period.

Headquartered in Frankfurt am Main, Deutsche Bank is Germany’s largest bank and one of the world’s largest monetary institutions, in terms of overall assets.

Deutsche Bank forecasts an EPS expansion rate of 8% over 3-5 years. DB lately has a number 1 Zacks rank and a value score of A.

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For the rest of this Screen of the Week article, visit Zacks. com at: https://www. zacks. com/stock/news/2214729/5-promising-price-to-book-value-stocks-to-buy -now

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