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Should Value Investors Buy Global Ship Lease (GSL) Stock?

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The proven Zacks Rank system focuses on earnings estimates and estimate revisions to find winning stocks. Nevertheless, we know that our readers all have their own perspectives, so we are always looking at the latest trends in value, growth, and momentum to find strong picks.

Considering these trends, value investing is clearly one of the most preferred ways to find strong stocks in any type of market. Value investors use a variety of methods, including tried-and-true valuation metrics, to find these stocks.

In addition to the Zacks Rank, investors looking for stocks with specific traits can utilize our Style Scores system. Of course, value investors will be most interested in the system's "Value" category. Stocks with "A" grades for Value and high Zacks Ranks are among the best value stocks available at any given moment.

Global Ship Lease (GSL) is a stock many investors are watching right now. GSL is currently sporting a Zacks Rank of #2 (Buy) and an A for Value.

Another notable valuation metric for GSL is its P/B ratio of 0.38. The P/B is a method of comparing a stock's market value to its book value, which is defined as total assets minus total liabilities. This stock's P/B looks attractive against its industry's average P/B of 0.44. Within the past 52 weeks, GSL's P/B has been as high as 0.46 and as low as 0.12, with a median of 0.23.

Value investors also love the P/S ratio, which is calculated by simply dividing a stock's price with the company's sales. Some people prefer this metric because sales are harder to manipulate on an income statement. This means it could be a truer performance indicator. GSL has a P/S ratio of 0.59. This compares to its industry's average P/S of 0.71.

These figures are just a handful of the metrics value investors tend to look at, but they help show that Global Ship Lease is likely being undervalued right now. Considering this, as well as the strength of its earnings outlook, GSL feels like a great value stock at the moment.


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