sincerely speaking, your homework straight-up sucks. Try doing it again and with some professional help IF you ever want to see some money. Try reading the chapter on how to calculate a P/E ratio several times before making a fool out of yourself another time. Good luck with your studies, newbie.
Wrong! You are calculating SPLS' PE on only one quarter's earnings. Actual PE based on Jan. 2001 year-end earnings (.58) and current price ($15.17) is 26.2X. Based on forecast earnings for Jan. 2002 year-end earnings (.65), PE is 23.3X. For Jan. 2003 (.78), it's 19.4X. All are half what they should be for a best of breed retailer. Look at HD and WMT! Regards