G-III Stock's Low P/E Ratio Signals Value Opportunity: Here's Why

G-III Apparel Group, Ltd. (GIII) is currently trading at a low price-to-earnings (P/E) multiple, which is below the average of the Zacks Textile - Apparel industry and Consumer Discretionary sector. With a forward 12-month P/E of 6.47, GIII is priced lower than the industry average of 12.40 and the sector average of 19.36.This makes the G-III stock undervalued relative to its industry peers, presenting an attractive opportunity for investors seeking exposure to the sector. The company’s Value Score of A und ...