date:Apr 15, 2013
Sainsbury's 12.6, Wal-Mart's 14.3 times and Carrefour's 14.7, according to Reuters data.
Clarke's plan will take time to boost profitability.
The group made underlying pretax profit of 3.92 billion pounds in its 2011-12 year, up 1.6 percent. According to a consensus of analysts' forecasts that will fall 10.7 percent to 3.5 billion pounds in 2012-13, reflecting the cost of the turnaround plan, the impact of the euro zone debt crisis on eastern European markets, regulatory issues in South Korea