NKE NIKE PE ratio, current and historical analysis
As of Nov 21, 2024, the NKE stock has a PE ratio of 21.4. The calculation is based on the latest EPS of $3.51 and the stock price of $75.1 per share. A decrease of 23% has been observed in the PE ratio compared to its average of 27.8 of the past four quarters.
NKE PE ratio history
The mean historical PE ratio of NIKE over the last ten years is 36.29. The current 21.4 price-to-earnings ratio is 41% less than the historical average. Analyzing the last ten years, NKE's PE ratio reached its highest point in the Nov 2020 quarter at 74.42, with a price of $134.7 and an EPS of $1.81. The May 2017 quarter saw the lowest point at 20.7, with a price of $52.99 and an EPS of $2.56.
NIKE PE ratio by year
Maximum annual increase: 191.5% in 2018
Maximum annual decrease: -49.87% in 2019
| Year | PE ratio | Change |
|---|---|---|
| 2024 | 25.28 | -21.47% |
| 2023 | 32.19 | 3.74% |
| 2022 | 31.03 | -17.23% |
| 2021 | 37.49 | -38.01% |
| 2020 | 60.48 | 99.93% |
| 2019 | 30.25 | -49.87% |
| 2018 | 60.34 | 191.5% |
| 2017 | 20.7 | -17.17% |
| 2016 | 24.99 | -6.61% |
| 2015 | 26.76 | 5.77% |
NKE average PE ratio chart
Currently, NKE's PE ratio is under its 3, 5 and 10-year averages.
NKE PE vs peers
NKE's PE ratio is less than its peer stock DECK, but it is above SKX's and CROX's. NIKE is currently trading at a higher PE ratio (21.4) than its peers average of 17.99.
| Stock name | PE ratio | Market cap |
|---|---|---|
| CROX Crocs Inc | 7.35 | $5.93B |
| SKX Skechers Usa Inc | 14.84 | $9.21B |
| SHOO Steven Madden Ltd | 17.92 | $3.09B |
| NKE NIKE Inc | 21.4 | $111.79B |
| DECK Deckers Outdoor Corp | 31.86 | $27.64B |
Frequently asked questions
What is NIKE's PE ratio?
NKE's price to earnings ratio is 21.4 as of Nov 21, 2024.
What is the 3-year average PE ratio for NIKE (NKE)?
Over the last 3 years, the average PE ratio for NKE stock is 31.51.
What is the 5-year average PE ratio for NIKE (NKE)?
Over the last 5 years, the average PE ratio for NKE stock is 39.22.
What is the highest PE ratio for NKE?
Over the last ten years, the Nov 2020 quarter recorded the highest quarterly PE ratio at 74.42.
How does the current PE ratio for NKE compare to its historical average?
NKE's current price to earnings ratio is 41% below its 10-year historical average.
How is NKE's PE ratio calculated (NIKE PE ratio formula)?
The P/E ratio is calculated by dividing the latest price of a stock by its trailing twelve months EPS. As of today (Nov 21, 2024), NIKE's share price is $75.1. The company's earnings per share for the trailing twelve months (TTM) ending Aug 2024 is $3.51. Therefore, NIKE's price to earnings ratio for today is 21.4. PE RATIO(21.4) = STOCK PRICE($75.1) / TTM EPS($3.51)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.