Foot Locker
FL
#3298
Rank
$3.25 B
Marketcap
$34.60
Share price
0.49%
Change (1 day)
-21.36%
Change (1 year)

P/E ratio for Foot Locker (FL)

P/E ratio as of March 2024 (TTM): 22.1

According to Foot Locker 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 22.0705. At the end of 2022 the company had a P/E ratio of 8.47.

P/E ratio history for Foot Locker from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20228.4770.97%
20214.95-60.08%
202012.447.68%
20198.40-54.42%
201818.457.59%
201711.7-22.88%
201615.2-12.23%
201517.35.04%
201416.59.18%
201315.115.41%
201213.1-10.18%
201114.5-36.28%
201022.8-233.12%
2009-17.1-289.13%
20089.06-66.83%
200727.388.11%
200614.52.81%
200514.1-2.96%
200414.6-15.58%
200317.252.72%
200211.3-221.92%
2001-9.26

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
31.8 44.01%๐Ÿ‡บ๐Ÿ‡ธ USA
9.90-55.14%๐Ÿ‡บ๐Ÿ‡ธ USA
57.0 158.26%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.