P/E ratio for Steve Madden (SHOO)
P/E ratio as of March 2023 (TTM): 12.5
According to Steve Madden 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 12.5477. At the end of 2021 the company had a P/E ratio of 19.0.
P/E ratio history for Steve Madden from 2001 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 19.0 | |
| 2017 | 21.7 | |
| 2013 | 18.0 | 18.16% |
| 2012 | 15.2 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Wolverine World Wide
WWW | -6.61 | -152.65% | 🇺🇸 USA |
 Deckers Brands DECK | 24.3 | 93.61% | 🇺🇸 USA |
 Crocs CROX | 13.4 | 6.86% | 🇺🇸 USA |
 Skechers
SKX | 19.1 | 51.92% | 🇺🇸 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.