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NKE NIKE PE ratio, current and historical analysis

As of Jun 20, 2024, the NKE stock has a PE ratio of 27.78. The calculation is based on the latest EPS of $3.44 and the stock price of $95.57 per share. A decrease of 11% has been observed in the PE ratio compared to its average of 31.3 of the past four quarters.

NKE PE ratio history

How has NKE's PE ratio performed in the past

The mean historical PE ratio of NIKE over the last ten years is 36.58. The current 27.78 price-to-earnings ratio is 24% 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.

Average
36.58
Median
31.03
Minimum
20.7
Maximum
74.42

NIKE PE ratio by year

Maximum annual increase: 191.5% in 2018

Maximum annual decrease: -49.87% in 2019

Year PE ratio Change
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%
2014 25.3 13.25%

NKE average PE ratio chart

What is the average PE ratio of NKE for the past years

Currently, NKE's PE ratio is under its 3, 5 and 10-year averages.

3-year avg
33.8
5-year avg
40.33
10-year avg
36.58
15-year avg
31.25

NKE PE vs peers

What is NKE's PE ratio compared to its 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 (27.78) than its peers average of 20.65.

Stock name PE ratio Market cap
CROX Crocs Inc 12.13 $9.58B
SHOO Steven Madden Ltd 17.79 $3.21B
SKX Skechers Usa Inc 18.98 $11.15B
NKE NIKE Inc 27.78 $144.25B
DECK Deckers Outdoor Corp 33.7 $25.17B

Frequently asked questions

What is NIKE's PE ratio?

NKE's price to earnings ratio is 27.78 as of Jun 20, 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 33.8.

What is the 5-year average PE ratio for NIKE (NKE)?

Over the last 5 years, the average PE ratio for NKE stock is 40.33.

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 24% 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 (Jun 20, 2024), NIKE's share price is $95.57. The company's earnings per share for the trailing twelve months (TTM) ending Feb 2024 is $3.44. Therefore, NIKE's price to earnings ratio for today is 27.78. PE RATIO(27.78) = STOCK PRICE($95.57) / TTM EPS($3.44)

All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.