Is JD Sports Fashion one of the FTSE 100’s best value stocks? Here’s what the charts say!

JD Sports Fashion‘s (LSE:JD.) share price has risen strongly in recent hours. Yet following heavy weakness at the start of 2024, it remains one of the FTSE 100‘s worst-performing stocks. Could it be a brilliant buy for value investors to consider today? Let’s take a closer look. First, let’s consider JD’s share price in relation to predicted earnings using the price-to-earnings (P/E) ratio. For the current financial year (to January 2025) this sits at 9.7 times. This is lower than the Footsie average of 10.5 times. But I’m not just interested in how cheap the company is compared to other UK blue-chip shares. I want to know how much value it offers compared with its industry peers. Stock Forward earnings multiple Frasers Group 9.5 times  Foot Locker 19.1 times  Dick’s Sporting Goods 16.8 times  Nike 26.3 times As the table above shows, JD’s P/E ratio is far below the industry average, with only Sports Direct owner Frasers Group beating it on this metric. Interestingly, its earnings multiple is almost half that of (arguably) its closest rival Foot Locker. Like JD, this US stock has extensive operations across North America, Europe and Asia. And it has also been experiencing severe trading...

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