• Return to Headlines

Shares of Crocs Inc Rank the Highest in Terms of Forward P/E Ratio in the Footwear Industry (CROX, NKE, SHOO, DECK, SKX)

By Shiri Gupta

Below are the three companies in the Footwear industry with the highest forward price to earnings (P/E) ratios. Forward P/E uses estimated earnings to compare relative value among companies in the same industry. Generally, the lower the forward P/E, the more undervalued a company is believed to be.

Crocs Inc ranks highest with a a forward P/E ratio of 31.42. Following is Nike Inc -Cl B with a a forward P/E ratio of 20.77. Steven Madden ranks third highest with a a forward P/E ratio of 15.96.

Deckers Outdoor follows with a a forward P/E ratio of 14.44, and Skechers Usa-A rounds out the top five with a a forward P/E ratio of 14.16.

SmarTrend recommended that subscribers consider buying shares of Skechers Usa-A on June 5th, 2017 as our technology indicated a new Uptrend was in progress when shares hit $26.99. Since that recommendation, shares of Skechers Usa-A have risen 6.6%. We continue to monitor Skechers Usa-A for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: highest forward p/e ratio crocs inc nike inc -cl b steven madden deckers outdoor skechers usa-a

Ticker(s): CROX NKE SHOO DECK SKX