P/E ratio for Skechers (SKX)
P/E ratio as of April 2024 (TTM): 16.4
According to Skechers 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 16.3826. At the end of 2022 the company had a P/E ratio of 17.5.
P/E ratio history for Skechers from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 17.5 | 91.71% |
| 2021 | 9.12 | -83.76% |
| 2020 | 56.2 | 193.85% |
| 2019 | 19.1 | 61.13% |
| 2018 | 11.9 | -63.96% |
| 2017 | 32.9 | 110.17% |
| 2016 | 15.7 | -21.23% |
| 2015 | 19.9 | -1.43% |
| 2014 | 20.2 | -34.27% |
| 2013 | 30.7 | -68.49% |
| 2012 | 97.4 | -1216.67% |
| 2011 | -8.72 | -225.12% |
| 2010 | 6.97 | -72.04% |
| 2009 | 24.9 | 133.3% |
| 2008 | 10.7 | -8.55% |
| 2007 | 11.7 | -39.32% |
| 2006 | 19.3 | 42.02% |
| 2005 | 13.6 | -36.19% |
| 2004 | 21.2 | -180.81% |
| 2003 | -26.3 | -490.17% |
| 2002 | 6.74 | -40.09% |
| 2001 | 11.2 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Wolverine World Wide
WWW | -2.65 | -116.16% | 🇺🇸 USA |
 Steve Madden
SHOO | 17.6 | 7.68% | 🇺🇸 USA |
 Columbia Sportswear
COLM | 16.3 | -0.48% | 🇺🇸 USA |
 Deckers Brands DECK | 35.1 | 114.33% | 🇺🇸 USA |
 Crocs CROX | 10.9 | -33.60% | 🇺🇸 USA |
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.