Nike, Inc. (NKE) Valuation
Historical valuation analysis based on 1279 data points (2021-09-14 to 2026-10-16)
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...
Nike, Inc. (NKE) currently trades at a P/E ratio of 17.81 (historical range: 16.24–47.26, median: 29.70), placing it at the 2th percentile — cheap relative to its history, P/S ratio of 1.20 (range: 1.09–6.22, 2th percentile — cheap relative to its history), EV/EBITDA of 13.94 (range: 12.77–38.83, 2th percentile).
Over the historical period (2021-09-14 to 2026-10-16), Nike, Inc.'s P/E ratio has contracted by 19% over the observed period (from an average of 33.1 to 26.8).
Nike, Inc. trades well below its historical valuation range across most metrics.
Historical Valuation Metrics
| Metric | Current | Median | %ile | Assessment |
|---|---|---|---|---|
| P/E Ratio | 17.81 | 29.70 | 2th | cheap relative to its history |
| P/S Ratio | 1.20 | 2.81 | 2th | cheap relative to its history |
| EV/EBITDA | 13.94 | 25.27 | 2th | cheap relative to its history |
| FCF Yield | 3.82% | 2.81% | 65th | below its historical average |
Nike, Inc. (NKE) Valuation & P/E History
Nike, Inc. (NKE) is a US-listed stock operating in the Consumer Cyclical sector, specifically the Rubber & Plastics Footwear industry currently trading at $37.16 with a market capitalization of $55.2 billion. This page provides historical valuation analysis for NKE based on 1279 data points covering 2021-09-14 to 2026-10-16. The P/E ratio of 17.81 is below the historical median of 29.70, placing NKE at the 2th percentile of its valuation range. The P/S ratio of 1.20 compares to a median of 2.81.
NKE Valuation Metrics & Historical Range
The valuation table above shows Nike, Inc.'s current and historical valuation multiples, including P/E ratio, P/S ratio, EV/EBITDA, FCF yield, and dividend yield. Each metric is compared to its own historical range to determine whether NKE is currently trading above or below its typical valuation levels.
- P/E ratio: Price-to-earnings measures how much investors pay per dollar of earnings. A P/E above the historical median suggests NKE is expensively valued; below the median suggests it is cheap.
- P/S ratio: Price-to-sales is useful for companies with volatile or negative earnings. Lower P/S relative to history may indicate value.
- EV/EBITDA: Enterprise value to EBITDA adjusts for debt and cash, providing a capital-structure-neutral valuation measure for Nike, Inc..
- FCF yield: Free cash flow yield shows the cash return relative to market price. Higher yields may indicate undervaluation.
Is NKE Overvalued or Undervalued?
Nike, Inc. trades well below its historical valuation range across most metrics. The overall valuation percentile of 2 combines P/E, P/S, and EV/EBITDA percentiles into a single measure of how expensive NKE is relative to its own history. A percentile below 25 suggests the stock may be undervalued, while a percentile above 75 suggests it may be overvalued.
However, valuation is only one factor in investment decisions. A stock can remain "overvalued" for years if growth accelerates, or "undervalued" if the business deteriorates. Always combine valuation analysis with financial statement analysis and the full NKE analysis page for a complete picture.
Valuation data is computed from historical price and fundamental data via Polygon.io and Finnhub.NKE trades on NYSE/NASDAQ. This page is for informational purposes only and is not financial advice.