The PE ratio for Skechers Usa stock stands at 18.75 as of Apr 29, 2024. The calculation is based on the latest EPS of $3.53 and the stock price of $66.19 per share. An increase of 12% has been observed in the PE ratio compared to its average of 16.7 of the last four quarters.
Over the last ten years, the average PE ratio of Skechers Usa has been 20.9. The current 18.75 P/E ratio is 10% lower than the historical average. Looking back at the last ten years, SKX's PE ratio peaked in the Dec 2020 quarter at 56.16, with a price of $35.94 and an EPS of $0.64. The Sep 2022 quarter marked the lowest point at 7.05, with a price of $31.72 and an EPS of $4.5.
Maximum annual increase: 193.88% in 2020
Maximum annual decrease: -83.8% in 2021
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 17.66 | 1.03% |
| 2022 | 17.48 | 92.09% |
| 2021 | 9.1 | -83.8% |
| 2020 | 56.16 | 193.88% |
| 2019 | 19.11 | 61.13% |
| 2018 | 11.86 | -63.95% |
| 2017 | 32.9 | 111.44% |
| 2016 | 15.56 | -21.73% |
| 2015 | 19.88 | -1.78% |
| 2014 | 20.24 | -34.03% |
Currently, SKX's PE ratio is higher than its 3-year average, but it is lower than its 5 and 10-year averages.
SKX's PE ratio stands lower than its peer stocks DECK and COLM, but it is higher than CROX's and SHOO's. Skechers Usa's current PE ratio of 18.75 is similar to the average of its peers, which is 19.09.
| Stock name | PE ratio | Market cap |
|---|---|---|
| CROX Crocs Inc | 9.89 | $7.73B |
| SHOO Steven Madden Ltd | 17.52 | $3.03B |
| SKX Skechers Usa Inc | 18.75 | $10.15B |
| RCKY Rocky Brands Inc | 19.06 | $200.79M |
| COLM Columbia Sportswear Co | 19.24 | $4.73B |
| DECK Deckers Outdoor Corp | 29.75 | $21.37B |
| WWW Wolverine World Wide Inc | N/A | $855.67M |
SKX stock has a price to earnings ratio of 18.75 as of Apr 29, 2024.
The average PE ratio for SKX stock over the past 3 years is 14.1.
The average PE ratio for SKX stock over the past 5 years is 20.81.
The highest quarterly PE ratio in the last ten years has been 56.16 and it was in the Dec 2020 quarter.
SKX's current price to earnings ratio is 10% below its 10-year historical average.
The P/E ratio is calculated by taking the latest stock price and dividing it by the EPS for the last 12 months. As of today (Apr 29, 2024), Skechers Usa's share price is $66.19. The company's earnings per share for the trailing twelve months (TTM) ending Dec 2023 is $3.53. Therefore, Skechers Usa's PE ratio for today is 18.75. PE RATIO(18.75) = STOCK PRICE($66.19) / TTM EPS($3.53)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.