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Relatively High Forward P/E Ratio Detected in Shares of Boot Barn Holdin in the Apparel Retail Industry (BOOT, BURL, ROST, ANF, ZUMZ)

By David Diaz

Below are the three companies in the Apparel Retail 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.

Boot Barn Holdin ranks highest with a a forward P/E ratio of 33.69. Burlington Store is next with a a forward P/E ratio of 33.22. Ross Stores Inc ranks third highest with a a forward P/E ratio of 26.24.

Abercrombie & Fi follows with a a forward P/E ratio of 20.67, and Zumiez Inc rounds out the top five with a a forward P/E ratio of 19.39.

SmarTrend recommended that subscribers consider buying shares of Boot Barn Holdin on August 29th, 2019 as our technology indicated a new Uptrend was in progress when shares hit $34.84. Since that recommendation, shares of Boot Barn Holdin have risen 28.6%. We continue to monitor Boot Barn Holdin for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: highest forward p/e ratio boot barn holdin burlington store ross stores inc abercrombie & fi zumiez inc

Ticker(s): BOOT BURL ROST ANF ZUMZ