P/E ratio for Skechers (SKX)
P/E ratio as of March 2023 (TTM): 10.1
According to Skechers 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 10.0824. At the end of 2021 the company had a P/E ratio of 9.12.
P/E ratio history for Skechers from 2001 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 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 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Wolverine World Wide
WWW | -6.89 | -168.34% | 🇺🇸 USA |
 Steve Madden
SHOO | 11.0 | 8.89% | 🇺🇸 USA |
 Columbia Sportswear
COLM | 16.4 | 62.34% | 🇺🇸 USA |
 Deckers Brands DECK | 17.9 | 77.79% | 🇺🇸 USA |
 Crocs CROX | 13.3 | 31.55% | 🇺🇸 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.