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Iconix Brand Gro is Among the Companies in the Apparel, Accessories & Luxury Industry With the Lowest P/E Ratio (ICON, HBI, KORS, PVH, MOV)

By Shiri Gupta

Below are the three companies in the Apparel, Accessories & Luxury industry with the lowest price to earnings (P/E) ratios. P/E is an important valuation tool when comparing companies in the same industry. A higher P/E ratio means that investors are paying more for each unit of net income, so the stock is more expensive compared to one with a lower P/E ratio.

Iconix Brand Gro ranks lowest with a a P/E ratio of 1.51. Hanesbrands Inc is next with a a P/E ratio of 8.02. Michael Kors Hol ranks third lowest with a a P/E ratio of 8.42.

Pvh Corp follows with a a P/E ratio of 11.23, and Movado Group rounds out the bottom five with a a P/E ratio of 12.55.

SmarTrend recommended that its subscribers protect gains by selling shares of Michael Kors Hol on September 24th, 2018 by issuing a Downtrend alert when the shares were trading at $68.99. Since that call, shares of Michael Kors Hol have fallen 43.5%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: lowest p/e ratio iconix brand gro hanesbrands inc michael kors hol pvh corp movado group

Ticker(s): ICON HBI KORS PVH MOV