• Return to Headlines

Relatively High Forward P/E Ratio Detected in Shares of Nordstrom Inc in the Department Stores Industry (JWN, DDS, JCP, KSS, M)

By Nick Russo

Below are the three companies in the Department 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.

Nordstrom Inc ranks highest with a a forward P/E ratio of 15.45. Following is Dillards Inc-A with a a forward P/E ratio of 13.22. J.C. Penney Co ranks third highest with a a forward P/E ratio of 11.46.

Kohls Corp follows with a a forward P/E ratio of 10.70, and Macy'S Inc rounds out the top five with a a forward P/E ratio of 8.13.

SmarTrend recommended that its subscribers protect gains by selling shares of Macy'S Inc on March 21st, 2017 by issuing a Downtrend alert when the shares were trading at $28.62. Since that call, shares of Macy'S Inc have fallen 21.9%. 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 nordstrom inc dillards inc-a j.c. penney co kohls corp macy's inc

Ticker(s): JWN DDS JCP KSS M