NikeNKE -0.37%68 PEG Ratio is 19.28 as of Jun. 27, 2026, which is 409% above its 10-year median of 3.79. GuruFocus rates NKE with a GF Score™ of 68/100 and a GF Value™ of $74.89 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 361 Manufacturing - Apparel & Accessories companies, Nike ranks worse than 91.41% on this metric.
PE Ratio without NRI / 5-Year EBITDA Growth Rate*
PEG Ratio is defined as the PE Ratio without NRI divided by the growth ratio. The growth rate we use is the 5-Year EBITDA growth rate. As of today, Nike's PE Ratio without NRI is 26.99. Nike's 5-Year EBITDA growth rate is 1.40%. Therefore, Nike's PEG Ratio for today is 19.28.
* The 5-Year EBITDA Growth Rate is the 5-year average EBITDA per share growth rate. While the denominator is a percentage, we use the whole number as opposed to the decimal form for the calculation. For example, 5% would be shown as 5 as opposed to 0.05. If it's smaller than or equal to 0, then the PEG Ratio is not calculated.
The historical rank and industry rank for Nike's PEG Ratio or its related term are showing as below:
NKE'
s PEG Ratio Range Over the Past 10 Years
Min: 1.63 Med: 3.79 Max: 45.07
Current: 19.28
During the past 13 years, Nike's highest PEG Ratio was 45.07. The lowest was 1.63. And the median was 3.79.
Peter Lynch thinks a company with a P/E ratio equal to its growth rate is fairly valued.
Nike (NYSE:NKE) PEG Ratio Explanation
To compare stocks with different growth rates, Peter Lynch invented a ratio called PEG Ratio. PEG Ratio is defined as the P/E ratio divided by the growth ratio. He thinks a company with a P/E ratio equal to its growth rate is fairly valued. Still he said he would rather buy a company growing 20% a year with a P/E of 20, instead of a company growing 10% a year with a P/E of 10.
Nike PEG Ratio Related Terms
Nike PEG Ratio Historical Data
* Premium members only.
The historical data trend for Nike's PEG 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.
For the Footwear & Accessories subindustry, Nike's PEG Ratio, along with its competitors' market caps and PEG 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 PEG Ratio vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Nike's PEG Ratio distribution charts can be found below:
* The bar in red indicates where Nike's PEG Ratio falls into.
* 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.
* Note: The 5-Year EBITDA Growth Rate is the 5-year average EBITDA per share growth rate. While the denominator is a percentage, we use the whole number as opposed to the decimal form for the calculation. For example, 5% would be shown as 5 as opposed to 0.05. If it's smaller than or equal to 0, then the PEG Ratio is not calculated.
Nike (NKE) has a PEG Ratio of 19.28 as of Jun. 27, 2026. Price-earnings to growth ratio is the ratio of price-earnings to a company's earnings growth rate. View historical data on Nike and its competitors. This is 409% above median its historical median of 3.79. Over the past decade, Nike's PEG Ratio has ranged from 1.63 to 45.07. According to the industry distribution chart, Nike ranks #330 out of 361 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 91.4%.
Is Nike's PEG Ratio too high?
Nike's current PEG Ratio of 19.28 is 409% above median its 10-year median of 3.79. Over the past 10 years, this metric has ranged from a low of 1.63 to a high of 45.07. The Manufacturing - Apparel & Accessories industry median PEG Ratio is 1.34. Nike's value of 19.28 is 1338.8% above this industry median. Based on the distribution chart, Nike ranks #330 out of 361 companies in the Manufacturing - Apparel & Accessories industry, which is in the bottom quartile relative to peers. Overall, Nike has a GF Score™ of 68/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Nike's PEG Ratio compare to DECK and ONON?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Nike ranks #330 out of 361 companies for PEG Ratio. This places Nike in the lower half of its industry. The industry median PEG Ratio is 1.34. Nike's value of 19.28 is 1338.8% above this benchmark. Historically, Nike's own PEG Ratio has ranged from 1.63 to 45.07 over the past decade. While the company's 10-year median is 3.79 vs. the industry median of 1.34, Nike has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good PEG Ratio for a Manufacturing - Apparel & Accessories company?
The median PEG Ratio among Manufacturing - Apparel & Accessories companies is 1.34, based on 361 companies in the industry. Companies in the top quartile (top 25%) have a PEG Ratio significantly above this median, while those in the bottom quartile fall well below. However, PEG Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Nike's current PEG Ratio of 19.28 is 1338.8% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high PEG Ratio mean?
A high PEG Ratio can signal that a stock is expensive relative to its fundamentals. Price-earnings to growth ratio is the ratio of price-earnings to a company's earnings growth rate. View historical data on Nike and its competitors. For the Manufacturing - Apparel & Accessories industry, the median PEG Ratio is 1.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nike's current PEG Ratio is 19.28, which is 409% above median its own 10-year median of 3.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nike stock overvalued right now?
Based on GuruFocus' analysis, Nike (NKE) is currently considered Possible Value Trap. The stock's GF Value™ is $74.89, compared to a current price of $40.75 — trading 45.6% below its estimated fair value. The current PEG Ratio is 19.28, which is 409% above median its 10-year median of 3.79 and 1338.8% above the Manufacturing - Apparel & Accessories industry median of 1.34. Nike's overall GF Score™ is 68/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PEG Ratio calculated?
PEG Ratio is calculated from a company's financial statements. For Nike (NKE), the current PEG Ratio is 19.28 as of Jun. 27, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Nike (NKE) Overvalued in 2026?
Based on GuruFocus' analysis, Nike stock appears to be undervalued.
The current stock price of $40.75 is trading 45.6% below its estimated GF Value™ of $74.89.
GuruFocus considers Nike to be Possible Value Trap.
Key valuation signals for NKE:
PEG Ratio: 19.28 (409% above median its 10-year median of 3.79)
GF Value™: $74.89 vs. price of $40.75 (45.6% below fair value)
Industry Position: 1338.8% above the Manufacturing - Apparel & Accessories median (#330 of 361)
No single metric tells the full story. See the NKE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nike is the largest athletic footwear and apparel brand in the world. Footwear generates about two-thirds of its sales. Key performance footwear categories include basketball, running, and football (soccer). Its brands include Nike, Jordan (premium athletic footwear and clothing), NikeSkims (women's athleisure), and Converse (casual footwear). Nike sells products worldwide through company-owned stores, franchised stores (including about 5,500 in China), 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.
68GF Score
Get the complete analysis for NKE
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