For this question we will be using P/E ratio. (NIKE and Adidas companies)

To find a company's P/E ratio, usewww.morningstar.com, enter the desired stock symbol to get to the company's front page.The P/E ratio is listed on the company's front page.

Compare the P/E ratio of your company with the industry average or with major competitors. Is there a difference between these numbers? Is the stock overvalued, undervalued, or properly valued? Why?In accordance with your findings, is it reasonable to buy the stock?Please explain your answers.