Basis: Trailing twelve months (TTM). Source: stored company filings and market data; unavailable inputs remain N/A.
The forward PE ratio is 10.43.
Forward PE Ratio (10.43) = Close Price ($22.82) / Consensus Forward EPS ($2.19)
FORWARD PE RATIO
10.43
SECTOR MEDIAN · CONSUMER CYCLICAL
20.46
median of 77 covered companies
CURRENT VS SECTOR MEDIAN
-49.02%
vs the sector median at left
Macy's, Inc.
Market Cap
$6.00B
Forward PE Ratio
10.43
| NAME | MARKET CAP | FORWARD PE RATIO |
|---|---|---|
| Macy's, Inc. (M) | $6.00B | 10.43 |
| Crocs, Inc. (CROX)vs › | $5.85B | 8.75 |
| The Cheesecake Factory Incorporated (CAKE)vs › | $5.63B | 25.44 |
| LKQ Corporation (LKQ)vs › | $6.52B | 9.60 |
| Vail Resorts, Inc. (MTN)vs › | $5.45B | 35.37 |
| The Gap, Inc. (GAP)vs › | $7.13B | 9.20 |
| Abercrombie & Fitch Co. (ANF)vs › | $4.84B | 11.08 |
| Etsy, Inc. (ETSY)vs › | $7.69B | 24.48 |
| Thor Industries, Inc. (THO)vs › | $4.14B | 22.59 |
| Norwegian Cruise Line Holdings Ltd. (NCLH)vs › | $7.92B | 11.08 |
Trailing P/E
9.5
reported TTM EPS
Forward P/E
10.4
consensus next-FY EPS
The gap between the two multiples is the consensus growth expectation: analysts' forward EPS of $2.19 implies -9.1% EPS decline vs the reported trailing $2.41.
At today's $22.82 close, each upcoming fiscal year's consensus EPS implies a different multiple — how quickly the price is "paid down" by expected earnings if the estimates hold.
| Fiscal year end | Consensus EPS | Estimate range | Analysts | Implied P/E |
|---|---|---|---|---|
| 2027-01-31 | $2.23 | $2.13 – $2.36 | 7 | 10.3x |
| 2028-01-31 | $2.31 | $2.14 – $2.48 | 7 | 9.9x |
| 2029-01-31 | $2.42 | $2.29 – $2.55 | 1 | 9.4x |
Source: FMP analyst consensus estimates, refreshed with the daily precompute. "n/m" = the consensus EPS is not positive, so a multiple is undefined. There is no forward P/E history chart here because charting one would require the estimates as they stood in the past, which we do not store — see the trailing P/E history for how the realized multiple has moved.
PE Ratio = Share Price / Diluted EPS (TTM)
The price-to-earnings ratio measures how much investors pay for each dollar of trailing earnings. A lower PE can indicate a cheaper valuation; a higher PE implies higher growth expectations.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
