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Nike (NKE) Forward PE Ratio : 28.46 (As of Dec. 12, 2024)


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What is Nike Forward PE Ratio?

Nike's Forward PE Ratio for today is 28.46.

Nike's PE Ratio without NRI for today is 21.20.

Nike's PE Ratio (TTM) for today is 22.59.


Nike Forward PE Ratio Historical Data

The historical data trend for Nike's Forward PE Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Nike Forward PE Ratio Chart

Nike Annual Data
Trend 2015-12 2016-12 2017-12 2018-12 2019-12 2020-12 2021-12 2022-12 2023-12 2024-12
Forward PE Ratio
30.12 23.81 27.40 28.74 35.71 50.51 47.17 37.17 29.67 28.45

Nike Quarterly Data
2015-12 2016-03 2016-06 2016-09 2016-12 2017-03 2017-06 2017-09 2017-12 2018-03 2018-06 2018-09 2018-12 2019-03 2019-06 2019-09 2019-12 2020-03 2020-06 2020-09 2020-12 2021-03 2021-06 2021-09 2021-12 2022-03 2022-06 2022-09 2022-12 2023-03 2023-06 2023-09 2023-12 2024-03 2024-06 2024-09 2024-12
Forward PE Ratio 30.12 25.13 21.55 24.15 23.81 21.55 24.27 22.52 27.40 25.13 30.40 31.95 28.74 26.81 28.09 31.75 35.71 30.77 37.31 48.54 50.51 33.56 38.91 35.21 47.17 28.99 24.75 21.88 37.17 30.49 28.33 25.84 29.67 23.98 19.84 25.58 28.45

Competitive Comparison of Nike's Forward PE Ratio

For the Footwear & Accessories subindustry, Nike's Forward PE Ratio, along with its competitors' market caps and Forward PE Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Nike's Forward PE Ratio Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Nike's Forward PE Ratio distribution charts can be found below:

* The bar in red indicates where Nike's Forward PE Ratio falls into.



Nike Forward PE Ratio Calculation

It's a measure of the price-to-earnings ratio (PE Ratio) using forecasted earnings for the calculation. While the earnings used are just an estimate and are not as reliable as current earnings data, there is still benefit in estimated P/E analysis. The forecasted earnings used in the formula can either be for the next 12 months or for the next full-year fiscal period.


Nike  (NYSE:NKE) Forward PE Ratio Explanation

The Forward PE Ratio of a company is often used to compare current earnings to estimated future earnings, as well as gaining a clearer picture of what earnings will look like without charges and other accounting adjustments. If earnings are expected to grow in the future, the Forward PE Ratio will be lower than the current PE Ratio. This measure is also used to compare one company to another with a forward-looking focus.

Trailing PE Ratio relies on what is already done. It uses the current share price and divides by the total EPS (Basic) over the past 12 months. PE Ratio can be affected by Non Operating Income such as the sale of part of businesses. This may increase for the current year or quarter dramatically. But it cannot be repeated over and over. Therefore PE Ratio without NRI is a more accurate indication of valuation than PE Ratio .


Nike Forward PE Ratio Related Terms

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Nike Business Description

Address
One Bowerman Drive, Beaverton, OR, USA, 97005-6453
Nike is the largest athletic footwear and apparel brand in the world. Key categories include basketball, running, and football (soccer). Footwear generates about two thirds of its sales. Its brands include Nike, Jordan (premium athletic footwear and clothing), and Converse (casual footwear). Nike sells products worldwide through company-owned stores, franchised stores, and third-party retailers. The firm also operates e-commerce platforms in more than 40 countries. Nearly all its production is outsourced to contract manufacturers in more than 30 countries. Nike was founded in 1964 and is based in Beaverton, Oregon.
Executives
Mark G Parker officer: President ONE BOWERMAN DR, BEAVERTON OR 97005
Matthew Friend officer: EVP: CFO ONE BOWERMAN DRIVE, BEAVERTON OR 97005
Robert Holmes Swan director C/O EBAY INC., 2025 HAMILTON AVENUE, SAN JOSE CA 95125
Johanna Nielsen officer: VP: CORP CONTROLLER ONE BOWERMAN DRIVE, BEAVERTON OR 97005
Monique S. Matheson officer: EVP: HR ONE BOWERMAN DRIVE, BEAVERTON OR 97005
Craig A. Williams officer: PRES: GEOGRAPHIES & MRKTPLACE 1680 CAPITAL ONE DR., MCLEAN VA 22102
Maria Henry director C/O THE HILLSHIRE BRANDS COMPANY, 3500 LACEY ROAD, DOWNERS GROVE IL 60515
Peter B. Henry director C/O NEW YORK UNIVERSITY/KAUFMAN MGT CNT, 44 WEST 4TH STREET, SUITE 11-160, NEW YORK CITY NY 10012
Monica Gil director ONE BOWERMAN DRIVE, BEAVERTON OR 97005
Andrew Campion officer: EVP: CFO, other: EVP: CFO ONE BOWERMAN DRIVE, BEAVERTON OR 97005
Rogers John W Jr director ARIEL CAPITAL MANAGEMENT, INC., 200 EAST RANDOLPH DRIVE, SUITE 2900, CHICAGO IL 60601
Ann M Miller officer: EVP & General Counsel ONE BOWERMAN DRIVE, BEAVERTON OR 97005
Hilary K Krane officer: VP General Counsel ONE BOWERMAN DRIVE, BEAVERTON OR 97005
Heidi O'neill officer: PRES: CONSUMER AND MKTPLC C/O SKULLCANDY, INC., 1441 WEST UTE BOULEVARD, SUITE 250, PARK CITY UT 84098
Elizabeth J Comstock director GENERAL ELECTRIC COMPANY, 41 FARNSWORTH STREET, BOSTON MA 02210