How Nike’s Valuation Compares to Those of Its Peers
On November 6, Nike’s (NKE) 12-month forward PE ratio was 27.0x. Under Armour (UAA), Skechers (SKX), Columbia Sportswear (COLM), and Lululemon Athletica (LULU) reported PE ratios of 71.3x, 15.2x, 23.3x, and 34.6x, respectively.