P/E ratio for Dick's Sporting Goods (DKS)
P/E ratio as of November 2023 (TTM): 10.0
According to Dick's Sporting Goods 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 10.0354. At the end of 2022 the company had a P/E ratio of 8.07.
P/E ratio history for Dick's Sporting Goods from 2003 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 8.07 | 15.91% |
| 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 | -15.49% |
| 2013 | 21.7 | 7.23% |
| 2012 | 20.2 | 10.19% |
| 2011 | 18.3 | -30.52% |
| 2010 | 26.4 | -136.1% |
| 2009 | -73.1 | -763.56% |
| 2008 | 11.0 | -44.01% |
| 2007 | 19.7 | -20.43% |
| 2006 | 24.7 | -6.96% |
| 2005 | 26.6 | -13.76% |
| 2004 | 30.8 | 41.94% |
| 2003 | 21.7 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Sportsman's Warehouse SPWH | 42.0 | 318.52% | 🇺🇸 USA |
 Hibbett Sports
HIBB | 7.00 | -30.21% | 🇺🇸 USA |
 Big 5 Sporting Goods BGFV | 34.6 | 245.25% | 🇺🇸 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.