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AMG vs. TROW: Which Stock Is the Better Value Option?

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Investors interested in stocks from the Financial - Investment Management sector have probably already heard of Affiliated Managers Group (AMG - Free Report) and T. Rowe Price (TROW - 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.

We have found that the best way to discover great value opportunities is to pair a strong Zacks Rank with a great grade in the Value category of our Style Scores system. The proven Zacks Rank puts an emphasis on earnings estimates and estimate revisions, while our Style Scores work to identify stocks with specific traits.

Currently, Affiliated Managers Group has a Zacks Rank of #2 (Buy), while T. Rowe Price has a Zacks Rank of #3 (Hold). Investors should feel comfortable knowing that AMG likely has seen a stronger improvement to its earnings outlook than TROW has recently. But this is just one piece of the puzzle for value investors.

Value investors also try to analyze a wide range of traditional figures and metrics to help determine whether a company is undervalued at its 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.

AMG currently has a forward P/E ratio of 8.07, while TROW has a forward P/E of 12.15. We also note that AMG has a PEG ratio of 0.56. This popular figure is similar to the widely-used P/E ratio, but the PEG ratio also considers a company's expected EPS growth rate. TROW currently has a PEG ratio of 1.74.

Another notable valuation metric for AMG is its P/B ratio of 1.33. The P/B ratio is used to compare a stock's market value with its book value, which is defined as total assets minus total liabilities. For comparison, TROW has a P/B of 2.39.

These metrics, and several others, help AMG earn a Value grade of A, while TROW has been given a Value grade of C.

AMG sticks out from TROW in both our Zacks Rank and Style Scores models, so value investors will likely feel that AMG is the better option right now.


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T. Rowe Price Group, Inc. (TROW) - free report >>

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