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Top 3 Companies in the General Merchandise Stores Industry With the Lowest P/E Ratio (BIG, TGT, DG)

Published on Tue, 01/15/2013 - 11:20
By Peter Chu

Below are the three companies in the General Merchandise Stores 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.

Big Lots (NYSE:BIG) is lowest with a P/E ratio of 10.99. Big Lots, Inc. is a broadline closeout retailer that operates stores across the United States. The Company's stores offer an assortment of merchandise, including consumables, seasonal products,furniture, housewares, toys, and gifts.

In the past 52 weeks, Big Lots share prices have been bracketed by a low of $26.69 and a high of $47.22 and are now at $28.80, 8% above that low price. Over the past week, the 200-day moving average (MA) has gone down 0.8% while the 50-day MA has declined 0.2%.

Target (NYSE:TGT) is next with a P/E ratio of 13.62.

Finishing up the bottom three is Dollar General (NYSE:DG), with a P/E ratio of 15.46.

By Peter Chu
pchu@fnno.com