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Relatively High Forward P/E Ratio Detected in Shares of Ollie'S Bargain in the General Merchandise Stores Industry (OLLI, DG, TGT, DLTR, BIG)

By James Quinn

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 38.35. Following is Dollar General C with a a forward P/E ratio of 19.99. Target Corp ranks third highest with a a forward P/E ratio of 15.10.

Dollar Tree Inc follows with a a forward P/E ratio of 14.50, and Big Lots Inc rounds out the top five with a a forward P/E ratio of 4.09.

SmarTrend recommended that its subscribers protect gains by selling shares of Big Lots Inc on May 14th, 2019 by issuing a Downtrend alert when the shares were trading at $33.81. Since that call, shares of Big Lots Inc have fallen 35.3%. 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 target corp dollar tree inc big lots inc

Ticker(s): OLLI DG TGT DLTR BIG