Im obviously long this.stock but you are.making a horrible comparison. One is purely fashion discretionary and the other, nike, is for practical everyday purposes with footwear FOR MANY different categories.
I believe the 80 you state will be seen in the next 12 months but it has nothing to.do.comwith nike and you shouldmstop thinking like that as aside from this inveetment, it will not bode well for you to compare Applesand oranges.
Well then why are they listing NKE as Deckers main competitor in the charts? And since NIKE orders in North America rose 12% this quarter, you have to be optimistic that Deckers product would do well also. In terms of the technicals, the P/E as I understand it tell you (when compared to competitors) the running room a stock has. For instance, AAPL p/e is 10 while Google's is 26. So based on that indicator, AAPL can go up 2.6 times to 1000 if they win the favor of the market. DECK can go up similarly, but yes, I realize it's apples and oranges compared to your company insight, which is great. So I'll regress and yield to your DECKERS expertise, but my money stays. ;-) GL