Is Ralph Lauren a Great Stock for Value Investors?
After all, who wouldn’t want to find stocks that are either flying under the radar and are compelling buys, or offer up tantalizing discounts when compared to fair value? Let’s put Ralph Lauren Corporation RL stock into this equation and find out if it is a good choice for value-oriented investors right now, or if investors subscribing to this methodology should look elsewhere for top picks:. This level actually compares pretty favorably with the market at large, as the PE for the S&P 500 stands at about 17.16x. If we focus on the long-term PE trend, Ralph Lauren’s current PE level puts it below its midpoint over the past five years, with the number having risen rapidly over the past few months. We should also point out that Ralph Lauren has a forward PE ratio (price relative to this year’s earnings) of just 15.46, so it is fair to say that a slightly more value-oriented path may be ahead for Ralph Lauren stock in the near term too.