According to Nike's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 24.0815. At the end of 2022 the company had a P/E ratio of 32.7.
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 |
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.