NKE NIKE PE ratio, current and historical analysis

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Relative Growth: Rel. Growth: 20
Relative Strength: Rel. Strength: 10
Relative Valuation: Rel. Valuation: 51
Relative Profitability: Rel. Profitability: 51

As of Jun 5, 2026, the NKE stock has a PE ratio of 28.09. The calculation is based on the latest EPS of $1.53 and the stock price of $42.98 per share. A decrease of 23% has been observed in the PE ratio compared to its average of 36.4 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 37.28. The current 28.09 price-to-earnings ratio is 25% 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.

Today
28.09
Average
37.28
Median
32.13
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 PE change Price EPS
2025 27.92 10.44% $60.59 $2.17
2024 25.28 -21.47% $95.05 $3.76
2023 32.19 3.74% $105.26 $3.27
2022 31.03 -17.23% $118.85 $3.83
2021 37.49 -38.01% $136.46 $3.64
2020 60.48 99.93% $98.58 $1.63
2019 30.25 -49.87% $77.14 $2.55
2018 60.34 191.5% $71.8 $1.19
2017 20.7 -17.17% $52.99 $2.56
2016 24.99 -6.61% $55.22 $2.21
2015 26.76 5.77% $50.84 $1.9
2014 25.3 13.25% $38.46 $1.52
2013 22.34 1.59% $30.83 $1.38
2012 21.99 18.74% $27.05 $1.23
2011 18.52 0.33% $21.11 $1.14

NIKE PE ratio by quarter (TTM)

Year PE ratio PE change Price EPS
Feb 2026 40.64 8.14% $62.18 $1.53
Nov 2025 37.58 -4.79% $64.63 $1.72
Aug 2025 39.47 41.37% $77.37 $1.96
May 2025 27.92 6.16% $60.59 $2.17
Feb 2025 26.3 8.5% $79.43 $3.02
Nov 2024 24.24 2.11% $78.77 $3.25
Aug 2024 23.74 -6.09% $83.32 $3.51
May 2024 25.28 -16.32% $95.05 $3.76
Feb 2024 30.21 -4.94% $103.93 $3.44
Nov 2023 31.78 2.48% $110.27 $3.47
Aug 2023 31.01 -3.67% $101.71 $3.28
May 2023 32.19 -4.88% $105.26 $3.27
Feb 2023 33.84 10.77% $118.79 $3.51
Nov 2022 30.55 2.76% $109.69 $3.59
Aug 2022 29.73 -4.19% $106.45 $3.58

NKE Price vs fair value

How does NKE's price compare to its estimated fair value based on its growth

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
30.74
5-year avg
32.47
10-year avg
37.28
15-year avg
32.79

PE comparison

With a price to earnings (P/E) of 28.09, NKE stands higher than the Consumer Cyclical sector and the industry average. Looking at the Consumer Cyclical sector average of 19.81, NIKE's price to earnings (P/E) is 42% higher.

NKE PE vs peers

What is NKE's PE ratio compared to its peers

NKE's PE ratio is less than its peer stock SHOO, but it is above DECK's.

Stock name PE ratio Market cap
DECK Deckers Outdoor Corp 15.36 $15.02B
NKE NIKE Inc 28.09 $63.65B
SHOO Steven Madden Ltd 41.15 $3.22B
CROX Crocs Inc N/A $5.93B

Frequently asked questions

What is NIKE's PE ratio?

NKE's price to earnings ratio is 28.09 as of Jun 5, 2026.

What is the 3-year average PE ratio for NIKE (NKE)?

Over the last 3 years, the average PE ratio for NKE stock is 30.74.

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

Over the last 5 years, the average PE ratio for NKE stock is 32.47.

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 25% 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 5, 2026), NIKE's share price is $42.98. The company's earnings per share for the trailing twelve months (TTM) ending Feb 2026 is $1.53. Therefore, NIKE's price to earnings ratio for today is 28.09. PE RATIO(28.09) = STOCK PRICE($42.98) / TTM EPS($1.53)

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