Zacks.com featured highlights include Group 1 Automotive, Titan Machinery, AAR, Corebridge Financial and CEMEX
For Immediate Release
Chicago, IL September 7, 2023 Stocks in this weeks article are Group 1 Automotive, Inc. GPI, Titan Machinery Inc. TITN, AAR Corp. AIR, Corebridge Financial, Inc. CRBG and CEMEX, S.A.B. de C.V. CX.
5 Value Stocks with Impressive EV-to-EBITDA Ratios to Snap Up
The price-to-earnings (P/E) multiple enjoys wide-scale popularity among investors seeking stocks trading at a bargain. In addition to being a widely used tool for screening stocks, P/E is a popular metric to work out the fair market value of a firm. But even this ubiquitously used valuation multiple has a few limitations.
While P/E enjoys great popularity among value investors, a less-used and more-complicated metric called EV-to-EBITDA is sometimes viewed as a better alternative. EV-to-EBITDA gives the true picture of a company's valuation and earnings potential. It has a more comprehensive approach to valuation.