Lowest Forward P/E Ratio in the Computer & Electronics Retail Industry Detected in Shares of Conn's (CONN, RCII, SYX, GME, BBY)
Below are the three companies in the Computer & Electronics Retail industry with the lowest 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.
Conn's ranks lowest with a a forward P/E ratio of 3.06. Following is Rent-A-Center with a a forward P/E ratio of 6.10. Systemax ranks third lowest with a a forward P/E ratio of 6.77.
GameStop follows with a a forward P/E ratio of 7.33, and Best Buy rounds out the bottom five with a a forward P/E ratio of 11.45.
SmarTrend recommended that its subscribers protect gains by selling shares of Conn's on May 6th, 2016 by issuing a Downtrend alert when the shares were trading at $11.84. Since that call, shares of Conn's have fallen 39.9%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.
Keywords: lowest forward p/e ratio conn's rent-a-center systemax GameStop Best Buy