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Ollie'S Bargain is Among the Companies in the General Merchandise Stores Industry With the Highest Forward P/E Ratio (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 36.71. Dollar General C is next with a a forward P/E ratio of 16.97. Dollar Tree Inc ranks third highest with a a forward P/E ratio of 15.61.

Target Corp follows with a a forward P/E ratio of 13.62, and Big Lots Inc rounds out the top five with a a forward P/E ratio of 8.09.

SmarTrend recommended that its subscribers protect gains by selling shares of Big Lots Inc on February 2nd, 2018 by issuing a Downtrend alert when the shares were trading at $58.44. Since that call, shares of Big Lots Inc have fallen 28.1%. 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 ollie's bargain dollar general c dollar tree inc target corp big lots inc

Ticker(s): OLLI DG DLTR TGT BIG