P/E ratio for Nike (NKE)
P/E ratio as of April 2023 (TTM): 34.2
According to Nike's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 34.243. At the end of 2021 the company had a P/E ratio of 42.7.
P/E ratio history for Nike from 2001 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 42.7 | -45.62% |
| 2020 | 78.6 | 125.75% |
| 2019 | 34.8 | -35.63% |
| 2018 | 54.1 | 103.32% |
| 2017 | 26.6 | 21.41% |
| 2016 | 21.9 | -1.67% |
| 2015 | 22.3 | -20.05% |
| 2014 | 27.9 | 13.41% |
| 2013 | 24.6 | 7.87% |
| 2012 | 22.8 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Under Armour
UA | 24.4 | -28.74% | 🇺🇸 USA |
 Adidas ADS.DE | 14.6 | -57.43% | 🇩🇪 Germany |
 Steve Madden
SHOO | 12.7 | -62.81% | 🇺🇸 USA |
 Deckers Brands DECK | 24.2 | -29.40% | 🇺🇸 USA |
 Crocs CROX | 14.4 | -57.97% | 🇺🇸 USA |
 Skechers
SKX | 19.9 | -42.03% | 🇺🇸 USA |
 PUMA PUM.DE | 17.3 | -49.43% | 🇩🇪 Germany |
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.