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Shares of Steven Madden Rank the Lowest in Terms of P/E Ratio in the Footwear Industry (SHOO, SKX, DECK, NKE, CROX)

By James Quinn

Below are the three companies in the Footwear industry with the lowest price to earnings (P/E) ratios. P/E is an important valuation tool when comparing companies in the same industry. A higher P/E ratio means that investors are paying more for each unit of net income, so the stock is more expensive compared to one with a lower P/E ratio.

Steven Madden ranks lowest with a a P/E ratio of 16.02. Following is Skechers Usa-A with a a P/E ratio of 19.84. Deckers Outdoor ranks third lowest with a a P/E ratio of 36.97.

Nike Inc -Cl B follows with a a P/E ratio of 44.62, and Crocs Inc rounds out the bottom five with a a P/E ratio of 232.92.

SmarTrend is tracking the current trend status for Steven Madden and will alert subscribers who have SHOO in their portfolio or watchlist when shares have changed trend direction.

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