Jim Cramer Says “Signet’s Stock Might Be Too High at 9 Times Earnings”

Signet Jewelers Limited (NYSE:SIG) is one of the stocks Jim Cramer put under the microscope. Cramer highlighted why he thinks the stock might be overvalued. He commented:

Gold itself doesn’t impact much more than the cost of jewelry. Silver’s way up, and that has some industrial uses, but not anything that will result in a material hit to any major company’s earnings. Now, look, both may hurt the earnings of Signet Jewelers, owner of Kay, Zales, and Jared. We have them all the time. Signet’s stock might be too high at 9 times earnings.

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Signet Jewelers Limited (NYSE:SIG) is a diamond retailer that sells jewelry through a variety of store brands, mall-based kiosks, and online platforms. The company’s main brands include Kay, Zales, Jared, Peoples, Rocksbox, Banter by Piercing Pagoda, Diamonds Direct, James Allen, and Blue Nile. During the September 29, 2025, episode, a caller highlighted their short bet on the stock and sought Cramer’s advice. He replied:

Okay, I typically don’t advise short sellers on this show. I’m, I favor the long side. I admit that because our viewers favor the long side, but Signet, you know, 10 times earnings with a terrific guy, Jim Symancyk, who is doing a terrific job. The numbers are good, so I think you need a better, I think you need a better case to stay short this one. I don’t have one.

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Disclosure: None. This article is originally published at Insider Monkey.