🎈 Up Big Today: Find today's biggest gainers (some over 50%!) with our free screenerTry Stock Screener

DBS Group outperforms Toronto-Dominion Bank in investment analysis

EditorNikhilesh Pawar
Published 11/17/2023, 03:38 AM
TD
-
DBSDY
-

NEW YORK - An comparison released today between DBS Group (OTC:DBSDY) Holdings Ltd (NYSE:DBSDY) and Toronto-Dominion Bank (NYSE:TD) highlighted DBS Group's stronger position in several key financial metrics. Using the Zacks Rank system, which evaluates companies based on earnings estimate revisions among other factors, DBS Group secured a #2 (Buy) rank. This suggests that the company has a healthy outlook regarding its earnings potential.

The analysis further delved into valuation ratios, where DBS Group again outpaced Toronto-Dominion Bank. Notable figures include:

  • DBS Group's forward Price-to-Earnings (P/E) ratio stood at 8.11, compared to Toronto-Dominion's 9.91.
  • The Price/Earnings to Growth (PEG) ratio for DBS Group was 1.74, lower than its Canadian counterpart's 2.01.
  • With respect to the Price-to-Book (P/B) ratio, DBS Group recorded a value of 1.40, marginally better than Toronto-Dominion's 1.47.

These valuation metrics are instrumental in assessing the relative worth of a company's stock and its growth prospects at a glance.

In addition to these ratios, the Value grade assigned to each bank further cemented DBS Group's lead with a grade of B, while Toronto-Dominion Bank received an F. The grades represent an aggregate of value-based metrics, indicating that DBS Group is currently seen as the more favorable investment choice by this analysis.

Investors often use such comparative analyses to make informed decisions on where to allocate their funds, and the data presented positions DBS Group as a more attractive investment relative to Toronto-Dominion Bank based on the metrics evaluated.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.