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PGTI or AWI: Which Is the Better Value Stock Right Now?

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Investors looking for stocks in the Building Products - Miscellaneous sector might want to consider either PGT or Armstrong World Industries (AWI - Free Report) . But which of these two stocks is more attractive to value investors? We'll need to take a closer look to find out.

The best way to find great value stocks is to pair a strong Zacks Rank with an impressive grade in the Value category of our Style Scores system. The Zacks Rank favors stocks with strong earnings estimate revision trends, and our Style Scores highlight companies with specific traits.

PGT and Armstrong World Industries are both sporting a Zacks Rank of # 2 (Buy) right now. The Zacks Rank favors stocks that have recently seen positive revisions to their earnings estimates, so investors should rest assured that both of these companies have improving earnings outlooks. But this is just one piece of the puzzle for value investors.

Value investors analyze a variety of traditional, tried-and-true metrics to help find companies that they believe are undervalued at their current share price levels.

Our Value category grades stocks based on a number of key metrics, including the tried-and-true P/E ratio, the P/S ratio, earnings yield, and cash flow per share, as well as a variety of other fundamentals that value investors frequently use.

PGTI currently has a forward P/E ratio of 17.05, while AWI has a forward P/E of 17.47. We also note that PGTI has a PEG ratio of 1.06. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. AWI currently has a PEG ratio of 2.06.

Another notable valuation metric for PGTI is its P/B ratio of 3.67. The P/B ratio pits a stock's market value against its book value, which is defined as total assets minus total liabilities. For comparison, AWI has a P/B of 7.22.

These are just a few of the metrics contributing to PGTI's Value grade of B and AWI's Value grade of C.

Both PGTI and AWI are impressive stocks with solid earnings outlooks, but based on these valuation figures, we feel that PGTI is the superior value option right now.


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