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Is New York Community Bancorp, Inc. (NYCB) Stock Trading Below Fair Value?

Thursday, November 04, 2021 01:15 PM | InvestorsObserver Analysts

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Is New York Community Bancorp, Inc. (NYCB) Stock Trading Below Fair Value?

New York Community Bancorp, Inc. (NYCB) receives a strong valuation score of 100 from InvestorsObserver analysis. Our proprietary scoring system considers the overall health of the company by looking at the stock's price, earnings, and growth rate to determine if it represents a good value. NYCB holds a better value than 100% of stocks at its current price. Investors who are focused on long-term growth through buy-and-hold investing will find the Valuation Rank especially relevant when allocating their assets.

Valuation Rank - 100
NYCB gets a 100 Valuation Rank today. Find out what this means to you and get the rest of the rankings on NYCB!

Metrics Analysis

NYCB's trailing-12-month Price to Earnings (PE) ratio of 9.7 puts it below the historical average of roughly 15. NYCB is a good value at its current trading price as investors are paying less than what its worth in relation to the company's earnings. NYCB's trailing-12-month earnings per share (EPS) of 1.28 does justify what it is currently trading at in the market. Trailing PE ratios, however, do not factor in a company's projected growth rate, resulting in some firms having high PE ratios due to high growth potentially enticing investors even if current earnings are low. NYCB has a 12 month forward PE to Growth (PEG) ratio of 1. Markets are overvaluing NYCB in relation to its projected growth as its PEG ratio is currently above the fair market value of 1. 1.27999997's PEG comes from its forward price to earnings ratio being divided by its growth rate. PEG ratios are one of the most used valuation metrics due to its incorporation of more company fundamentals metrics and a focus on the firm's future rather than its past.

Summary

NYCB's valuation metrics are adequate at its current price due to a fairly valued PEG ratio due to strong growth. NYCB's PE and PEG are around the market average resulting in a average valuation score. Click Here to get the full Report on New York Community Bancorp, Inc. (NYCB) stock.

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