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Skechers USA Inc. Message Board

  • muellerfund muellerfund Jan 30, 2012 8:10 PM Flag

    even if...

    Even if, SKX were to return to pre-Shape-Up revenues and earnings of say 2008 and 2009, it would still enjoy about $55 million in earnings, or about $1.10 per share. That makes for a PE of about 11. Not a screaming high multiple, especially if placing it on 2012 earnings and comparing to 2011 earnings. Thoughts?

    Naturally, I expect SKX to continue on an upward path, but just for the sake of showing a what if scenario, I'm conservatively using 2008 and 2009 data. Thanks.

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