SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Non-Tech : Claire's Stores (CLE) NYSE

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Uncle Mikey who wrote (137)1/9/1997 4:27:00 PM
From: Paul Moerman   of 619
 
Mike, I took a look at www.barrons.com as well, under their company dossier section. They (also) classify CLE in the Apparel Retailing Industry, and calculate CLE's P/E of 14.6 is 62.9% of the industry average. P/B of 3.71 is 123.3% of industry average, and ROE of 25.1% is 159.9% of industry average. Zero debt is also very favorable compared to industry average. The latest 5-year return produces a value of $3737 on an initial investment of $1000, compared to $1124 for the industry average, and $2109 for the overall market. (This lends strength to your contention that CLE is mis-classified).

Paul

P.S. Near as I can figure, the comparable percentages vs the specialty retailing industry would be 42.3% for P/E, 134.4% for P/B, and ROE of 291.9%. The 5 year value of the specialy retailers is shown as $1355. I used Hancock Fabrics as a proxy for CLE to derive these numbers.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext