Top 5 Companies in the Homefurnishing Retail Industry With the Lowest Forward P/E Ratio (BBBY, PIR, AAN, HVT, KIRK)
Below are the three companies in the Homefurnishing Retail industry with the lowest 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.
Bed Bath & Beyond ranks lowest with a a forward P/E ratio of 7.97. Pier 1 Imports is next with a a forward P/E ratio of 8.16. Aaron's ranks third lowest with a a forward P/E ratio of 9.68.
Haverty Furniture follows with a a forward P/E ratio of 12.43, and Kirkland's rounds out the bottom five with a a forward P/E ratio of 13.04.
SmarTrend recommended that its subscribers protect gains by selling shares of Bed Bath & Beyond on April 11th, 2016 by issuing a Downtrend alert when the shares were trading at $47.08. Since that call, shares of Bed Bath & Beyond have fallen 8.3%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.
Keywords: lowest forward p/e ratio bed bath & beyond Pier 1 Imports aaron's haverty furniture kirkland's