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Shares of The Men's Wearhouse Rank the Lowest in Terms of Forward P/E Ratio in the Apparel Retail Industry (MW, BODY, EXPR, ANF, GCO)
Feb 26, 2013 (SmarTrend(R) News Watch via COMTEX) --
Below are the three companies in the Apparel 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.The Men's Wearhouse ranks lowest with a a forward P/E ratio of 10.08. Body Central is next with a a forward P/E ratio of 10.20. Express ranks third lowest with a a forward P/E ratio of 10.32.
Abercrombie & Fitch follows with a a forward P/E ratio of 10.44, and Genesco rounds out the bottom five with a a forward P/E ratio of 10.50.
SmarTrend recommended that subscribers consider buying shares of Genesco on January 2nd, 2013 as our technology indicated a new Uptrend was in progress when shares hit $55.92. Since that recommendation, shares of Genesco have risen 4.8%. We continue to monitor Genesco for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
Write to Chip Brian at cbrian@mysmartrend.com
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