[May 21, 2013] Lowest P/E Ratio in the Apparel, Accessories & Luxury Industry Detected in Shares of Zuoan Fashion (ZA, FUQI, DLA, JNY, PERY) Tweet May 21, 2013 (SmarTrend(R) News Watch via COMTEX) -- Below are the three companies in the Apparel, Accessories & Luxury industry with the lowest 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.Zuoan Fashion ranks lowest with a a P/E ratio of 0.26. Fuqi International is next with a a P/E ratio of 0.54. Delta Apparel ranks third lowest with a a P/E ratio of 11.13. Jones Apparel follows with a a P/E ratio of 11.39, and Perry Ellis rounds out the bottom five with a a P/E ratio of 13.24. SmarTrend recommended that subscribers consider buying shares of Perry Ellis on March 22nd, 2013 as our technology indicated a new Uptrend was in progress when shares hit $18.66. Since that recommendation, shares of Perry Ellis have risen 4.3%. We continue to monitor Perry Ellis for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately. Write to Chip Brian at [email protected] --------------------------------------------------------------------------------------------- SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.MySmarTrend.com Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at: http://www.MySmarTrend.com/signup [ Back To TMCnet.com's Homepage ]