What most accurately describes TGT using its BF P$/$E ratio

from a relative value perspective?

TGT is significantly more expensive than its peers on a P$/$E basis and it is cheaper on

a relative historical basis, so it is considered overvalued:

$-$TGT is significantly cheaper than its peers on a P$/$E basis and on a relative historical

basis, so it is considered undervalyed:

TGT is significantly cheaper then its peers on a P$/$E basis and is more expensive on

a relative historical basis, so it is considered farlly valued: