Steven Madden Shares Rally 48.5%, Trade at Sub-18X Forward P/E
Steven Madden shares surged 48.5% over the past six months, outperforming the Shoes and Retail Apparel industry’s 12.8% slump and the S&P 500’s 11% gain. The stock trades at a forward 12-month price-to-earnings multiple of 17.29X, well below the industry average of 26.45X and Nike’s 28.94X.
1. Six-Month Rally
Steven Madden stock rose 48.5% in the past six months, significantly outpacing the Shoes and Retail Apparel industry’s 12.8% decline and the S&P 500’s 11% gain.
2. Valuation Comparison
The shares trade at a forward 12-month price-to-earnings multiple of 17.29X, below the industry average of 26.45X and Nike’s 28.94X, suggesting a more attractive valuation among apparel peers.
3. Peer Performance Context
Among major competitors, Carter’s gained 56% while adidas fell 3.8%, positioning Steven Madden as a leading performer in the sector.