P/E ratio for Nike (NKE)
P/E ratio as of April 2024 (TTM): 28.8
According to Nike's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 28.8043. At the end of 2022 the company had a P/E ratio of 32.7.
P/E ratio history for Nike from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 32.7 | -23.52% |
| 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 | 12.76% |
| 2011 | 20.2 | 0.05% |
| 2010 | 20.2 | -7.08% |
| 2009 | 21.7 | 61.94% |
| 2008 | 13.4 | -35.71% |
| 2007 | 20.9 | -43.5% |
| 2006 | 37.0 | 120.97% |
| 2005 | 16.7 | -23.48% |
| 2004 | 21.9 | -2% |
| 2003 | 22.3 | -29.39% |
| 2002 | 31.6 | 1.64% |
| 2001 | 31.1 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Under Armour
UA | 7.63 | -73.52% | 🇺🇸 USA |
 Adidas ADS.DE | -303 | -1,152.87% | 🇩🇪 Germany |
 Steve Madden
SHOO | 18.1 | -37.34% | 🇺🇸 USA |
 Deckers Brands DECK | 34.7 | 20.57% | 🇺🇸 USA |
 Crocs CROX | 11.4 | -60.32% | 🇺🇸 USA |
 Skechers
SKX | 16.8 | -41.63% | 🇺🇸 USA |
 PUMA PUM.DE | 20.7 | -27.97% | 🇩🇪 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.