ZACKS Rank 1 ⬆️⬆️ Air Canada (ACDVF) is a stock many investors are watching right now. ACDVF is currently sporting a Zacks Rank of #1 (Strong Buy), as well as a Value grade of A. The stock holds a P/E ratio of 4.06, while its industry has an average P/E of 10.05. Over the past 52 weeks, ACDVF's Forward P/E has been as high as 19.41 and as low as 3.88, with a median of 10.64.
Investors should also note that ACDVF holds a PEG ratio of 0.20. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. ACDVF's PEG compares to its industry's average PEG of 0.50. ACDVF's PEG has been as high as 0.21 and as low as 0.20, with a median of 0.20, all within the past year.
Value investors also frequently use the P/S ratio. This metric is found by dividing a stock's price with the company's revenue. This is a prefered metric because revenue can't really be manipulated, so sales are often a truer performance indicator. ACDVF has a P/S ratio of 0.3. This compares to its industry's average P/S of 0.39.
Finally, we should also recognize that ACDVF has a P/CF ratio of 1.72. This data point considers a firm's operating cash flow and is frequently used to find companies that are undervalued when considering their solid cash outlook. ACDVF's current P/CF looks attractive when compared to its industry's average P/CF of 5.87. Over the past 52 weeks, ACDVF's P/CF has been as high as 9.27 and as low as -133.81, with a median of 1.86.