NIKE Inc (NKE) valuation
NIKE P/E ratio history
NIKE trades at 18.5 times its earnings over the last twelve months and 28.7 times the earnings analysts expect over the next twelve. At its last 10 fiscal year ends its P/E ranged from 21.1 (year to May 2017) to 61.6 (year to May 2020), with a median of 31.3.
| Fiscal year ended | Price | EPS | P/E | Forward P/E |
|---|---|---|---|---|
| May 31, 2026 | $46.23 | $2.10 | 22.0 | 25.8 |
| May 31, 2025 | $60.59 | $2.16 | 28.1 | 30.5 |
| May 31, 2024 | $95.05 | $3.73 | 25.5 | 24.4 |
| May 31, 2023 | $105.26 | $3.23 | 32.6 | 27.4 |
| May 31, 2022 | $118.85 | $3.75 | 31.7 | 27.1 |
| May 31, 2021 | $136.46 | $3.56 | 38.3 | — |
| May 31, 2020 | $98.58 | $1.60 | 61.6 | — |
| May 31, 2019 | $77.14 | $2.49 | 31.0 | — |
| May 31, 2018 | $71.80 | $1.17 | 61.4 | — |
| May 31, 2017 | $52.99 | $2.51 | 21.1 | — |
n/m: not meaningful (a loss, or earnings close to zero). The daily P/E line is a chart indicator in the app.
NIKE valuation against its peers
| Company | Market value | P/E | Forward P/E | Price / sales |
|---|---|---|---|---|
| NIKENKE | $57.4B | 18.5 | 28.7 | 1.3 |
| Ross StoresROST | $73.2B | 27.6 | 26.6 | 3.0 |
| TapestryTPR | $23.5B | 16.0 | 14.6 | 2.9 |
| Ralph LaurenRL | $23.4B | 24.8 | 20.3 | 2.8 |
| TJX CompaniesTJX | $155B | 26.0 | 25.5 | 2.5 |
| LululemonLULU | $11.6B | 8.8 | 11.8 | 1.1 |
| Deckers BrandsDECK | $11.2B | 10.9 | 10.3 | 2.0 |
| Capri HoldingsCPRI | $2.15B | 10.6 | 8.2 | 0.6 |
| Peer median | 16.0 | 14.6 | 2.5 |
Reading these multiples
The P/E divides the share price by earnings per share over the last twelve months; the forward P/E divides it by the earnings analysts expect over the next twelve. Price to sales compares the company's market value with its revenue over the last twelve months. A multiple reads differently from one industry to the next, so the peer group above is the fairer comparison.
See also: NKE financials · NKE returns
No forecast, no recommendation. This page describes NIKE Inc from published data; it is not advice to buy, sell or hold any security.
Figures as of the close on Oct 30, 2026 unless a row says otherwise. Prices are split adjusted; returns include dividends reinvested. Data may be delayed. See the disclaimer and how TrendArc works.