As of Apr 26, 2024, the NKE stock has a PE ratio of 27.36. The calculation is based on the latest EPS of $3.44 and the stock price of $94.12 per share. A decrease of 13% has been observed in the PE ratio compared to its average of 31.3 of the past four quarters.
The mean historical PE ratio of NIKE over the last ten years is 36.3. The current 27.36 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.
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% |
Currently, NKE's PE ratio is under its 3, 5 and 10-year averages.
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 (27.36) than its peers average of 18.83.
| Stock name | PE ratio | Market cap |
|---|---|---|
| CROX Crocs Inc | 9.71 | $7.59B |
| SHOO Steven Madden Ltd | 17.3 | $3B |
| SKX Skechers Usa Inc | 18.53 | $10.03B |
| NKE NIKE Inc | 27.36 | $142.06B |
| DECK Deckers Outdoor Corp | 29.79 | $21.39B |
NKE's price to earnings ratio is 27.36 as of Apr 26, 2024.
Over the last 3 years, the average PE ratio for NKE stock is 34.11.
Over the last 5 years, the average PE ratio for NKE stock is 39.82.
Over the last ten years, the Nov 2020 quarter recorded the highest quarterly PE ratio at 74.42.
NKE's current price to earnings ratio is 25% below its 10-year historical average.
The P/E ratio is calculated by dividing the latest price of a stock by its trailing twelve months EPS. As of today (Apr 26, 2024), NIKE's share price is $94.12. 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 27.36. PE RATIO(27.36) = STOCK PRICE($94.12) / TTM EPS($3.44)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.