Are Investors Undervaluing Aperam (APEMY) Right Now?

While the proven Zacks Rank places an emphasis on earnings estimates and estimate revisions to find strong stocks, we also know that investors tend to develop their own individual strategies. With this in mind, we are always looking at value, growth, and momentum trends to discover great companies.Of these, value investing is easily one of the most popular ways to find great stocks in any market environment. Value investors use a variety of methods, including tried-and-true valuation metrics, to find these stocks.Luckily, Zacks has developed its own Style Scores system in an effort to find stocks with specific traits. Value investors will be interested in the system's "Value" category. Stocks with both "A" grades in the Value category and high Zacks Ranks are among the strongest value stocks on the market right now.One company to watch right now is Aperam (APEMY). APEMY is currently holding a Zacks Rank #1 (Strong Buy) and a Value grade of A. The stock is trading with P/E ratio of 10.08 right now. For comparison, its industry sports an average P/E of 11.36. APEMY's Forward P/E has been as high as 17.41 and as low as 6.67, with a median of 9.88, all within the past year. Investors should also recognize that APEMY has a P/B ratio of 0.65. The P/B is a method of comparing a stock's market value to its book value, which is defined as total assets minus total liabilities. This stock's P/B looks solid versus its industry's average P/B of 1.85. Over the past 12 months, APEMY's P/B has been as high as 0.72 and as low as 0.52, with a median of 0.61.If you're looking for another solid Steel - Producers value stock, take a look at Ternium (TX). TX is a Zacks Rank of #1 (Strong Buy) stock with a Value score of A.Ternium is currently trading with a Forward P/E ratio of 8.04 while its PEG ratio sits at 0.30. Both of the company's metrics compare favorably to its industry's average P/E of 11.36 and average PEG ratio of 0.48.TX's price-to-earnings ratio has been as high as 8.04 and as low as 4.75, with a median of 6.53, while its PEG ratio has been as high as 0.45 and as low as 0.14, with a median of 0.31, all within the past year.Additionally, Ternium has a P/B ratio of 0.43 while its industry's price-to-book ratio sits at 1.85. For TX, this valuation metric has been as high as 0.45, as low as 0.30, with a median of 0.38 over the past year.Value investors will likely look at more than just these metrics, but the above data helps show that Aperam and Ternium are likely undervalued currently. And when considering the strength of its earnings outlook, APEMY and TX sticks out as one of the market's strongest value stocks.5 Stocks Set to DoubleEach was handpicked by a Zacks expert as the favorite stock to gain +100% or more in the months ahead. They includeStock #1: A Disruptive Force with Notable Growth and ResilienceStock #2: Bullish Signs Signaling to Buy the DipStock #3: One of the Most Compelling Investments in the MarketStock #4: Leader In a Red-Hot Industry Poised for GrowthStock #5: Modern Omni-Channel Platform Coiled to SpringMost of the stocks in this report are flying under Wall Street radar, which provides a great opportunity to get in on the ground floor. While not all picks can be winners, previous recommendations have soared +171%, +209% and +232%.Download Atomic Opportunity: Nuclear Energy's Comeback free today.Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Aperam (APEMY): Free Stock Analysis Report Ternium S.A. (TX): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks