Nike
NKE
#69
Rank
$136.91 B
Marketcap
$87.29
Share price
-3.20%
Change (1 day)
-41.34%
Change (1 year)
Nike Inc. is an international American sporting goods manufacturer, the company is well known for its sports shoes.

P/E ratio for Nike (NKE)

P/E ratio as of October 2022 (TTM): 25.3

According to Nike's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 25.2577. 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
202142.7-45.62%
202078.6125.75%
201934.8-35.63%
201854.1103.32%
201726.621.41%
201621.9-1.67%
201522.3-20.05%
201427.913.41%
201324.67.87%
201222.8

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.