Nike, Inc. (NKE) fundamentals: P/E, valuation, undervalued?

Nike, Inc. · Consumer Discretionary · ref. ETF XLY · price $38.44
Logo Nike, Inc.See the full Nike, Inc. (NKE) profile
In short — Nike, Inc. trades at 18.4× earnings (P/E), 16.8× forward, with a net margin of 6.7 % and revenue growth of -1 %. Read: Cheap for the growth (P/E 17 for ~428% growth (PEG 0.0)).

Is Nike, Inc. stock cheap or undervalued? A good time to buy? Here are its fundamentals — P/E, PEG, margin and income statement — to judge its valuation.

📈 1-year price
$38.44-50.7% over range
Aug 28, 25low $38.44 · high $77.92Aug 27, 26
📏 Click 2 points (left → right) to measure the change · click again to clear.
SellBuy
Hold
35% recommend buying · 23 analysts
Valuation : Cheap for the growth — P/E 17 for ~428% growth (PEG 0.0)

Valuation

18.4
P/E (price/earnings)
16.8
Forward P/E
0.04
PEG
3.8
Price/book (P/B)
$57.0B
Market cap
2.09
EPS

Profitability & growth

6.7 %
Net margin
-1 %
Revenue growth
+428 %
Earnings growth
$11.0B
Total debt

Nike, Inc. income statement

Fiscal yearRevenueNet incomeMargin
2023$51.2B$5.1B9.9 %
2024$51.4B$5.7B11.1 %
2025$46.3B$3.2B7.0 %
2026$46.4B$3.1B6.7 %
⚠️ Indicative financial data (Yahoo Finance), not investment advice. Amounts in $.

Frequently asked questions

What is Nike, Inc.'s P/E and is the stock undervalued? What's a good P/E?

Nike, Inc.'s P/E is 18.4 (forward 16.8). Below ~15 = fairly cheap, above ~30 = expensive. Our valuation verdict: "Cheap for the growth".

Is Nike, Inc. profitable?

Nike, Inc. has a net margin of 6.7 % (EPS 2.09). The company is profitable.

Is NKE stock expensive?

Our read: "Cheap for the growth" — P/E 17 for ~428% growth (PEG 0.0). Cross-check with growth and sector.

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