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DBS Group outperforms Toronto-Dominion Bank in investment analysis

EditorNikhilesh Pawar
Published 2023-11-16, 02:38 p/m

NEW YORK - An comparison released today between DBS Group (OTC:DBSDY) Holdings Ltd (NYSE:DBSDY) and Toronto-Dominion Bank (NYSE:TSX: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.

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