Nike Price Earnings Ratio from 2010 to 2024
NKE Stock | USD 78.00 0.80 1.04% |
Price Earnings Ratio | First Reported 2010-12-31 | Previous Quarter 25.30664561 | Current Value 18.52 | Quarterly Volatility 13.91917823 |
Check Nike financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Nike's main balance sheet or income statement drivers, such as Depreciation And Amortization of 886.2 M, Interest Expense of 345.3 M or Total Revenue of 53.9 B, as well as many indicators such as Price To Sales Ratio of 1.57, Dividend Yield of 0.009 or PTB Ratio of 10.5. Nike financial statements analysis is a perfect complement when working with Nike Valuation or Volatility modules.
Nike | Price Earnings Ratio |
Latest Nike's Price Earnings Ratio Growth Pattern
Below is the plot of the Price Earnings Ratio of Nike Inc over the last few years. It is Nike's Price Earnings Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Nike's overall financial position and show how it may be relating to other accounts over time.
Price Earnings Ratio | 10 Years Trend |
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Price Earnings Ratio |
Timeline |
Nike Price Earnings Ratio Regression Statistics
Arithmetic Mean | 29.95 | |
Geometric Mean | 27.43 | |
Coefficient Of Variation | 46.48 | |
Mean Deviation | 9.63 | |
Median | 25.31 | |
Standard Deviation | 13.92 | |
Sample Variance | 193.74 | |
Range | 49.946 | |
R-Value | 0.29 | |
Mean Square Error | 190.88 | |
R-Squared | 0.09 | |
Significance | 0.29 | |
Slope | 0.91 | |
Total Sum of Squares | 2,712 |
Nike Price Earnings Ratio History
About Nike Financial Statements
Nike stakeholders use historical fundamental indicators, such as Nike's Price Earnings Ratio, to determine how well the company is positioned to perform in the future. Although Nike investors may analyze each financial statement separately, they are all interrelated. For example, changes in Nike's assets and liabilities are reflected in the revenues and expenses on Nike's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Nike Inc. Please read more on our technical analysis and fundamental analysis pages.
Last Reported | Projected for Next Year | ||
Price Earnings Ratio | 25.31 | 18.52 |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Nike Inc is a strong investment it is important to analyze Nike's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Nike's future performance. For an informed investment choice regarding Nike Stock, refer to the following important reports:Check out the analysis of Nike Correlation against competitors. You can also try the Commodity Directory module to find actively traded commodities issued by global exchanges.
Is Textiles, Apparel & Luxury Goods space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Nike. If investors know Nike will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Nike listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.26) | Dividend Share 1.48 | Earnings Share 3.49 | Revenue Per Share 33.122 | Quarterly Revenue Growth (0.10) |
The market value of Nike Inc is measured differently than its book value, which is the value of Nike that is recorded on the company's balance sheet. Investors also form their own opinion of Nike's value that differs from its market value or its book value, called intrinsic value, which is Nike's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Nike's market value can be influenced by many factors that don't directly affect Nike's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Nike's value and its price as these two are different measures arrived at by different means. Investors typically determine if Nike is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nike's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.