Dick's Sporting Goods
DKS
#1413
Rank
$11.00 B
Marketcap
$131.98
Share price
-1.74%
Change (1 day)
15.33%
Change (1 year)

P/E ratio for Dick's Sporting Goods (DKS)

P/E ratio as of February 2023 (TTM): 8.86

According to Dick's Sporting Goods 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 8.85772. At the end of 2021 the company had a P/E ratio of 6.96.

P/E ratio history for Dick's Sporting Goods from 2003 to 2022

PE ratio at the end of each year

Year P/E ratio Change
20216.96-44.12%
202012.5-7.58%
201913.542.63%
20189.45-9.86%
201710.5-42.32%
201618.256.9%
201511.6-36.74%
201418.3

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
4.64-47.64%๐Ÿ‡บ๐Ÿ‡ธ USA
8.45-4.62%๐Ÿ‡บ๐Ÿ‡ธ USA
4.81-45.70%๐Ÿ‡บ๐Ÿ‡ธ USA

How to read a P/E ratio?

The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.

Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.