Nike
NKE
#145
Rank
S$155.30 B
Marketcap
$104.34
Share price
-1.41%
Change (1 day)
-35.40%
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 December 2024 (TTM): 24.1

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.

P/E ratio history for Nike from 2001 to 2023

200520102015202020406080companiesmarketcap.com

PE ratio at the end of each year

Year P/E ratio Change
202232.7-23.52%
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%
201222.812.76%
201120.20.05%
201020.2-7.08%
200921.761.94%
200813.4-35.71%
200720.9-43.5%
200637.0120.97%
200516.7-23.48%
200421.9-2%
200322.3-29.39%
200231.61.64%
200131.1

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
10.1-58.11%๐Ÿ‡บ๐Ÿ‡ธ USA
19.8-17.68%๐Ÿ‡บ๐Ÿ‡ธ USA
8.95-62.82%๐Ÿ‡บ๐Ÿ‡ธ USA
20.0-17.02%๐Ÿ‡บ๐Ÿ‡ธ USA
9.30-61.40%๐Ÿ‡บ๐Ÿ‡ธ USA
-322-1,437.77%๐Ÿ‡ฉ๐Ÿ‡ช Germany
21.8-9.64%๐Ÿ‡ฉ๐Ÿ‡ช 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.