Top 5 Companies in the Apparel, Accessories & Luxury Industry With the Highest Forward P/E Ratio (LULU, UA, DLA, COLM, CRI)
Below are the three companies in the Apparel, Accessories & Luxury 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.
Lululemon Athletica ranks highest with a a forward P/E ratio of 33.81. Following is Under Armour with a a forward P/E ratio of 30.75. Delta Apparel ranks third highest with a a forward P/E ratio of 24.91.
Columbia Sportswear follows with a a forward P/E ratio of 22.89, and Carter's rounds out the top five with a a forward P/E ratio of 20.79.
SmarTrend recommended that subscribers consider buying shares of Columbia Sportswear on June 8th, 2016 as our technology indicated a new Uptrend was in progress when shares hit $57.35. Since that recommendation, shares of Columbia Sportswear have risen 7.4%. We continue to monitor Columbia Sportswear for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
Keywords: highest forward p/e ratio lululemon athletica Under Armour amex:dla delta apparel columbia sportswear carter's