P/E ratio for Foot Locker (FL)
P/E ratio as of April 2024 (TTM): 14.1
According to Foot Locker 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 14.1026. 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 |
|---|---|---|
| 2022 | 8.47 | 70.97% |
| 2021 | 4.95 | -60.08% |
| 2020 | 12.4 | 47.68% |
| 2019 | 8.40 | -54.42% |
| 2018 | 18.4 | 57.59% |
| 2017 | 11.7 | -22.88% |
| 2016 | 15.2 | -12.23% |
| 2015 | 17.3 | 5.04% |
| 2014 | 16.5 | 9.18% |
| 2013 | 15.1 | 15.41% |
| 2012 | 13.1 | -10.18% |
| 2011 | 14.5 | -36.28% |
| 2010 | 22.8 | -233.12% |
| 2009 | -17.1 | -289.13% |
| 2008 | 9.06 | -66.83% |
| 2007 | 27.3 | 88.11% |
| 2006 | 14.5 | 2.81% |
| 2005 | 14.1 | -2.96% |
| 2004 | 14.6 | -15.58% |
| 2003 | 17.2 | 52.72% |
| 2002 | 11.3 | -221.92% |
| 2001 | -9.26 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Nike NKE | 28.5 | 101.88% | 🇺🇸 USA |
 Shoe Carnival
SCVL | 9.72 | -31.08% | 🇺🇸 USA |
 Genesco
GCO | 45.8 | 224.54% | 🇺🇸 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.