Stock Analysis on Net

Nike Inc. (NYSE:NKE)

$24.99

Price to Sales (P/S)
since 2005

Microsoft Excel

Paying user area

The data is hidden behind: . Unhide it.

This is a one-time payment. There is no automatic renewal.


We accept:

Visa Mastercard American Express Maestro Discover JCB PayPal Google Pay
Visa Secure Mastercard Identity Check American Express SafeKey

Calculation

Nike Inc., P/S, long-term trends, calculation

Microsoft Excel

Based on: 10-K (reporting date: 2025-05-31), 10-K (reporting date: 2024-05-31), 10-K (reporting date: 2023-05-31), 10-K (reporting date: 2022-05-31), 10-K (reporting date: 2021-05-31), 10-K (reporting date: 2020-05-31), 10-K (reporting date: 2019-05-31), 10-K (reporting date: 2018-05-31), 10-K (reporting date: 2017-05-31), 10-K (reporting date: 2016-05-31), 10-K (reporting date: 2015-05-31), 10-K (reporting date: 2014-05-31), 10-K (reporting date: 2013-05-31), 10-K (reporting date: 2012-05-31), 10-K (reporting date: 2011-05-31), 10-K (reporting date: 2010-05-31), 10-K (reporting date: 2009-05-31), 10-K (reporting date: 2008-05-31), 10-K (reporting date: 2007-05-31), 10-K (reporting date: 2006-05-31), 10-K (reporting date: 2005-05-31).

1 US$

2 Data adjusted for splits and stock dividends.

3 Closing price as at the filing date of Nike Inc. Annual Report.


The data reveals several notable trends regarding the share price, sales per share, and price-to-sales (P/S) ratio over a span of approximately two decades.

Share Price
The share price demonstrates a general upward trajectory with fluctuations. Starting at $10.48 in 2005, the price rose steadily to reach a peak of $159.74 in 2021. Thereafter, a decline is observed with prices falling to about $71.41 by 2024, before a slight stabilization at $72.98 in 2025. This illustrates periods of significant growth followed by recent volatility and depreciation.
Sales Per Share
Sales per share exhibit consistent growth from $6.56 in 2005 to $33.48 in 2023, implying an expansion in underlying revenue generation relative to shares outstanding. However, there is an abrupt and drastic decline in 2024 and 2025 to $0.36 and $0.47 respectively. This significant drop suggests either an anomaly, substantial operational changes, or possible restatement or restructuring affecting reported sales per share for the latest two years.
Price-to-Sales (P/S) Ratio
The P/S ratio fluctuates considerably with a baseline range from about 1.33 to a peak at 5.67 in 2021, reflecting changing market valuation relative to sales. Notably, following 2021, the ratio shows a sharp escalation to extraordinarily high values of approximately 195.86 in 2024 and 154.85 in 2025. This surge appears to be linked to the drastic fall in sales per share rather than share price, indicating a market valuation disproportionate to sales, possibly due to unusual financial events or distortions in sales reporting during these periods.

Overall, the entity experienced robust growth in financial performance and market valuation through 2021, with a marked inflection point afterward characterized by declining share price, precipitous fall in sales per share, and sharply inflated P/S ratios. These trends warrant closer investigation into operational or accounting factors driving recent anomalies.


Comparison to Competitors


Comparison to Sector (Consumer Durables & Apparel)


Comparison to Industry (Consumer Discretionary)