Crocs' Discounted P/E Valuation: Is it a Value Bet for Investors?
Crocs(CROX) ZACKS·2024-11-28 23:15
Crocs, Inc. (CROX) is currently trading at a notable low price-to-earnings (P/E) multiple, well below the averages of the Zacks Textile – Apparel industry and the broader Retail-Wholesale sector. With a forward 12-month P/E of 8x, the CROX stock reflects a discount to the industry average of 13.77x and the Consumer Discretionary sector’s average of 19.65x.CROX Stock Looks UndervaluedImage Source: Zacks Investment ResearchThis shows the CROX stock is undervalued relative to its industry peers, presenting an ...