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Signet Jewelers Ltd (SIG) Stock: How Does it Score on Fundamental Metrics?

Thursday, November 16, 2023 01:11 PM | InvestorsObserver Analysts

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Signet Jewelers Ltd (SIG) Stock: How Does it Score on Fundamental Metrics?

InvestorsObserver gives Signet Jewelers Ltd (SIG) a strong valuation score of 92 from its analysis. The proprietary scoring system considers the underlying health of a company by analyzing its stock price, earnings, and growth rate. SIG currently holds a better value than 92% of stocks based on these metrics. Long term investors focused on buying-and-holding should find the valuation ranking system most relevant when making investment decisions.

Valuation Rank - 92
SIG gets a 92 Valuation Rank today. Find out what this means to you and get the rest of the rankings on SIG!

Metrics Analysis

SIG's trailing-12-month Price to Earnings (PE) ratio of 6.95 puts it below the historical average of roughly 15. SIG is a good value at its current trading price as investors are paying less than what its worth in relation to the company's earnings. SIG's trailing-12-month earnings per share (EPS) of 9.12 does justify what it is currently trading at in the market. Trailing PE ratios, however, do not factor in a company's projected growth rate, resulting in some firms having high PE ratios due to high growth potentially enticing investors even if current earnings are low.
SIG currently has a 12-month-forward-PE-to-Growth (PEG) ratio of 0.9. The market is currently fairly valuing SIG in relation to its projected growth due to the PEG ratio being around the fair market value of 1. SIG's PEG comes from its forward price to earnings ratio being divided by its growth rate. Because PEG ratios include more fundamentals of a company's overall health with additional focus on the future, they are one of the most used valuation metrics by analysts.

Summary

SIG' has a adequate valuation at its current share price on account of a fairly valued PEG ratio due to strong growth. SIG's PE and PEG are around the market average leading to a average valuation score. Click Here to get the full Report on Signet Jewelers Ltd (SIG) stock.

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