Below are the three companies in the Apparel Retail 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.
Express (NYSE:EXPR) is lowest with a P/E ratio of 9.53. Express, Inc. operates specialty retail apparel stores throughout the United States that target women and men between 20 and 30 years old. The Company offers apparel and accessories to address fashion needs across multiple aspects of their lifestyles including work, casual and going-out occasions. Express operates stores throughout the United States and retails online. Thus far today, Express has traded 299,000 shares, vs. average volume of 2.0 million shares per day. The stock has underperformed the Dow (0.0% to the Dow's 0.4%) and underperformed the S&P 500 (0.0% to the S&P's 0.5%) during today's trading.
Body Central (NASDAQ:BODY) is next with a P/E ratio of 9.89.
Finishing up the bottom three is Genesco (NYSE:GCO), with a P/E ratio of 10.65.