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 |
|---|---|---|
| 2021 | 6.96 | -44.12% |
| 2020 | 12.5 | -7.58% |
| 2019 | 13.5 | 42.63% |
| 2018 | 9.45 | -9.86% |
| 2017 | 10.5 | -42.32% |
| 2016 | 18.2 | 56.9% |
| 2015 | 11.6 | -36.74% |
| 2014 | 18.3 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Sportsman's Warehouse SPWH | 4.64 | -47.64% | 🇺🇸 USA |
 Hibbett Sports
HIBB | 8.45 | -4.62% | 🇺🇸 USA |
 Big 5 Sporting Goods BGFV | 4.81 | -45.70% | 🇺🇸 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.