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Ascena Retail Gr is Among the Companies in the Apparel Retail Industry With the Highest Forward P/E Ratio (ASNA, BOOT, BURL, ROST, ANF)

By James Quinn

Below are the three companies in the Apparel Retail industry with the highest forward price to earnings (P/E) ratios. Forward P/E uses estimated earnings to compare relative value among companies in the same industry. Generally, the lower the forward P/E, the more undervalued a company is believed to be.

Ascena Retail Gr ranks highest with a a forward P/E ratio of 35.45. Boot Barn Holdin is next with a a forward P/E ratio of 27.28. Burlington Store ranks third highest with a a forward P/E ratio of 27.07.

Ross Stores Inc follows with a a forward P/E ratio of 23.62, and Abercrombie & Fi rounds out the top five with a a forward P/E ratio of 20.29.

SmarTrend recommended that its subscribers protect gains by selling shares of Ascena Retail Gr on May 22nd, 2019 by issuing a Downtrend alert when the shares were trading at $1.03. Since that call, shares of Ascena Retail Gr have fallen 34.3%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: highest forward p/e ratio ascena retail gr boot barn holdin burlington store ross stores inc abercrombie & fi

Ticker(s): ASNA BOOT BURL ROST ANF