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Lowest Forward P/E Ratio in the General Merchandise Stores Industry Detected in Shares of Big Lots Inc (BIG, TGT, DLTR, DG, FRED)

By Amy Schwartz

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 Inc ranks lowest with a a forward P/E ratio of 10.62. Target Corp is next with a a forward P/E ratio of 12.10. Dollar Tree Inc ranks third lowest with a a forward P/E ratio of 13.18.

Dollar General C follows with a a forward P/E ratio of 14.02, and Fred'S Inc-A rounds out the bottom five with a a forward P/E ratio of 27.12.

SmarTrend recommended that its subscribers protect gains by selling shares of Fred'S Inc-A on March 21st, 2017 by issuing a Downtrend alert when the shares were trading at $14.26. Since that call, shares of Fred'S Inc-A have fallen 28.1%. 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 inc target corp dollar tree inc dollar general c fred's inc-a

Ticker(s): BIG TGT DLTR DG FRED