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Relatively High P/E Ratio Detected in Shares of Haverty Furniture in the Homefurnishing Retail Industry (HVT, KIRK, WSM, AAN, SCSS)

By David Diaz

Below are the three companies in the Homefurnishing Retail industry with the highest price to earnings (P/E) ratios. P/E is an important valuation tool when comparing companies in the same industry. A higher P/E ratio means that investors are paying more for each unit of net income, so the stock is more expensive compared to one with a lower P/E ratio.

Haverty Furniture ranks highest with a a P/E ratio of 56.75. Kirkland's is next with a a P/E ratio of 16.23. Williams-Sonoma ranks third highest with a a P/E ratio of 15.55.

Aaron's follows with a a P/E ratio of 13.20, and Select Comfort rounds out the top five with a a P/E ratio of 12.67.

SmarTrend recommended that subscribers consider buying shares of Select Comfort on April 14th, 2016 as our technology indicated a new Uptrend was in progress when shares hit $20.50. Since that recommendation, shares of Select Comfort have risen 12.3%. We continue to monitor Select Comfort for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: highest p/e ratio haverty furniture kirkland's Williams-Sonoma aaron's select comfort