Relatively Low Price to Book Ratio Detected in Shares of Fred's in the General Merchandise Stores Industry (FRED, TUES, TGT, BIG, DG)
Below are the three companies in the General Merchandise Stores industry with the lowest price to book ratios. Often companies with the lowest ratio present the greatest value to investors.
Fred's ranks lowest with a a price to book ratio of 1.27. Tuesday Morning is next with a a price to book ratio of 1.61. Target ranks third lowest with a a price to book ratio of 3.52.
Big Lots follows with a a price to book ratio of 4.20, and Dollar General rounds out the bottom five with a a price to book ratio of 4.87.
SmarTrend recommended that subscribers consider buying shares of Dollar General on May 26th, 2016 as our technology indicated a new Uptrend was in progress when shares hit $87.18. Since that recommendation, shares of Dollar General have risen 5.7%. We continue to monitor Dollar General for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
Keywords: lowest price to book ratio fred's tuesday morning Target big lots Dollar General