Lowest Forward P/E Ratio in the General Merchandise Stores Industry Detected in Shares of Big Lots (BIG, TGT, TUES, DG, DLTR)
Below are the three companies in the General Merchandise Stores 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.
Big Lots ranks lowest with a a forward P/E ratio of 13.31. Target is next with a a forward P/E ratio of 13.37. Tuesday Morning ranks third lowest with a a forward P/E ratio of 15.14.
Dollar General follows with a a forward P/E ratio of 15.98, and Dollar Tree rounds out the bottom five with a a forward P/E ratio of 21.16.
SmarTrend recommended that its subscribers protect gains by selling shares of Dollar Tree on August 25th, 2016 by issuing a Downtrend alert when the shares were trading at $87.48. Since that call, shares of Dollar Tree have fallen 8.4%. 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 big lots Target tuesday morning Dollar General Dollar Tree