Decoding lululemon's High P/E Ratio: Bargain Buy or Overpriced Risk?

lululemon athletica inc. (LULU) has maintained its growth trajectory through innovative products and strong brand loyalty. However, the company’s current forward 12-month price-to-earnings (P/E) multiple of 21.23X raises concerns about whether the stock's valuation is justified. This multiple is significantly higher than the Zacks Textile - Apparel industry average of 13.55X, making the stock appear relatively expensive.The price-to-sales (P/S) ratio of lululemon, which is a distinguished name in the athlei ...