Are Investors Undervaluing Assurant (AIZ) 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, perhaps no stock market trend is more popular than value investing, which is a strategy that has proven to be successful in all sorts of market environments. Value investors use tried-and-true metrics and fundamental analysis to find companies that they believe are undervalued at their current share price levels.On top of the Zacks Rank, investors can also look at our innovative Style Scores system to find stocks with specific traits. For example, value investors will want to focus on the "Value" category. Stocks with high Zacks Ranks and "A" grades for Value will be some of the highest-quality value stocks on the market today.Assurant (AIZ) is a stock many investors are watching right now. AIZ is currently holding a Zacks Rank #2 (Buy) and a Value grade of A. We should also highlight that AIZ has a P/B ratio of 1.94. The P/B ratio pits a stock's market value against its book value, which is defined as total assets minus total liabilities. AIZ's current P/B looks attractive when compared to its industry's average P/B of 2.18. Over the past 12 months, AIZ's P/B has been as high as 2.25 and as low as 1.71, with a median of 1.98.Value investors also use the P/S ratio. The P/S ratio is calculated as price divided by sales. This is a popular metric because sales are harder to manipulate on an income statement, so they are often considered a better performance indicator. AIZ has a P/S ratio of 0.9. This compares to its industry's average P/S of 1.12.Investors could also keep in mind Ping An Insurance Co. of China (PNGAY), another Insurance - Multi line stock with a Zacks Rank of #1 (Strong Buy) and Value grade of A.Additionally, Ping An Insurance Co. of China has a P/B ratio of 0.68 while its industry's price-to-book ratio sits at 2.18. For PNGAY, this valuation metric has been as high as 0.81, as low as 0.47, with a median of 0.61 over the past year.These are just a handful of the figures considered in Assurant and Ping An Insurance Co. of China's great Value grade. Still, they help show that the stock is likely being undervalued at the moment. Add this to the strength of its earnings outlook, and we can clearly see that AIZ and PNGAY is an impressive value stock right now.#1 Semiconductor Stock to Buy (Not NVDA)The incredible demand for data is fueling the market's next digital gold rush. As data centers continue to be built and constantly upgraded, the companies that provide the hardware for these behemoths will become the NVIDIAs of tomorrow.One under-the-radar chipmaker is uniquely positioned to take advantage of the next growth stage of this market. It specializes in semiconductor products that titans like NVIDIA don't build. It's just beginning to enter the spotlight, which is exactly where you want to be.See This Stock Now for Free >>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 Assurant, Inc. (AIZ): Free Stock Analysis Report Ping An Insurance Co. of China Ltd. (PNGAY): 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