With a market cap of $9B, the FT's Alphaville calls yoga and sports clothing retailer LuLuLemon...

|By:, SA News Editor

With a market cap of $9B, the FT's Alphaville calls yoga and sports clothing retailer LuLuLemon (LULU -0.4%) the biggest company you’ve never heard of. The valuation is around 9X annual sales - well above Nike's 2X+ and even Apple's 3X+ - while its P/E ratio is 55.2. But despite the high multiples, it's been a graveyard for shortsellers.