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Shares of Saks Rank the Highest in Terms of P/E Ratio in the Department Stores Industry (SKS, JWN, DDS, M, KSS)Feb 12, 2013 (SmarTrend(R) News Watch via COMTEX) -- Below are the three companies in the Department Stores industry with the highest 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.Saks ranks highest with a a P/E ratio of 25.44. Following is Nordstrom with a a P/E ratio of 16.93. Dillard's ranks third highest with a a P/E ratio of 15.30. Macy's follows with a a P/E ratio of 12.65, and Kohl's rounds out the top five with a a P/E ratio of 10.60. SmarTrend is tracking the current trend status for Kohl's and will alert subscribers who have KSS in their portfolio or watchlist when shares have changed trend direction. 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 |