P/E ratio for Nike (NKE)

P/E ratio history for Nike from 2001 to 2023

PE ratio at the end of each year

P/E ratio for similar companies or competitors

Company	P/E ratio	P/E ratio differencediff.	Country
Crocs CROX	9.08	-62.63%	🇺🇸 USA
Skechers SKX	17.7	-27.22%	🇺🇸 USA
Deckers Brands DECK	5.97	-75.41%	🇺🇸 USA
Steve Madden SHOO	14.9	-38.64%	🇺🇸 USA
Under Armour UA	7.38	-69.60%	🇺🇸 USA
Adidas ADS.DE	-329	-1,452.84%	🇩🇪 Germany
PUMA PUM.DE	13.7	-43.72%	🇩🇪 Germany

How to read a P/E ratio?

The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.

Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.