Banco Itau’s Higher P/E and P/B Ratios Lead to Value Grade D Versus Barclays
Banco Itau (ITUB) holds a forward P/E of 10.64, PEG of 1.01 and P/B of 2.63 compared with Barclays’ forward P/E of 8.79, PEG 0.38 and P/B 0.85. Both banks have a Zacks Rank #2, but ITUB earns a Value grade D against Barclays’ A.
1. Valuation Metrics Compared
Banco Itau’s forward P/E of 10.64 exceeds Barclays’ 8.79, while its PEG ratio of 1.01 contrasts with Barclays’ 0.38. ITUB’s P/B of 2.63 also sits well above Barclays’ 0.85, highlighting the relative valuation gap between the two banks.
2. Zacks Rank and Value Grades
Both Banco Itau and Barclays carry a Zacks Rank #2 based on positive earnings estimate revisions. However, Barclays secures an A grade in the Value category due to its lower P/E, PEG and P/B ratios, while Banco Itau’s higher multiples result in a D grade.
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