Below are the five companies in the Footwear industry with the highest Price to Earnings to Growth (PEG) ratios. PEG is valuable in assessing the tradeoff between the price of a stock and expected growth. Generally, the lower the PEG, the better.

CROCS (NASDAQ:CROX - Snapshot Report) has the highest with a PEG Ratio of 1.99x; Iconix Brand (NASDAQ:ICON - Analyst Report) is next with a PEG Ratio of 1.90x; and NIKE (NYSE:NKE - Analyst Report) has the next highest with a PEG Ratio of 1.70x.

Lacrosse Footwear (NASDAQ:BOOT - Snapshot Report) follows with a PEG Ratio of 0.92x and Deckers Outdoor (NASDAQ:DECK - Analyst Report) rounds out the group with a PEG Ratio of 0.82x.

SmarTrend currently has shares of CROCS in an Uptrend and issued the Uptrend alert on March 30, 2011 at $17.88. The stock has risen 54.5% since the Uptrend alert was issued.

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