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Highest Forward P/E Ratio in the General Merchandise Stores Industry Detected in Shares of Ollie'S Bargain (OLLI, DG, DLTR, TGT, BIG)

By David Diaz

Below are the three companies in the General Merchandise Stores 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.

Ollie'S Bargain ranks highest with a a forward P/E ratio of 31.71. Following is Dollar General C with a a forward P/E ratio of 14.30. Dollar Tree Inc ranks third highest with a a forward P/E ratio of 13.75.

Target Corp follows with a a forward P/E ratio of 12.75, and Big Lots Inc rounds out the top five with a a forward P/E ratio of 10.83.

SmarTrend recommended that its subscribers protect gains by selling shares of Dollar Tree Inc on May 17th, 2017 by issuing a Downtrend alert when the shares were trading at $78.63. Since that call, shares of Dollar Tree Inc have fallen 12.1%. 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 amex:olli ollie's bargain dollar general c dollar tree inc target corp big lots inc

Ticker(s): DG DLTR TGT BIG