Compared to other consumer luxuries, such as Kors or Tiffany, Signet Jewelers Ltd. (NYSE: SIG ) is attractively valued, though offers less growth potential. The company trades at 12.75 forward one-year earnings, and has an EV/EBITDA of 10.47 times. For comparison, Michael Kors Holdings Ltd (NYSE: KORS ) now trades at nearly 21 times forward earnings, and has an EV/EBITDA of 19.23. Tiffany & Co. (NYSE: TIF )'s trades at just under 20 times forward earnings and with an EV/EBITDA of 11.78. Now, Signet Jewelers Ltd. (NYSE: SIG ) is not the growth machine that Kors is, and does not directly benefit from the comeback of the wealthy, since its products are more middle tier. The same goes for Tiffany. But investors may want to take a closer look at the stock, as the balance sheet is in perfect condition with $300 million in cash and zero long-term debt, putting management in prime place to make well-thought-out, accretive acquisitions such as the recent Ultra purchase.