Nike has earnings $($per share$)$ of $$1\mathrm{.}26$ and trades for $$71.$ Adidas AG has a P$/$E ratio of $26\mathrm{.}5.$ Given this information, which statement is correct?

Nike's shares are cheaper than Adidas' shares.

Adidas' shares are cheaper than Nike's shares.

Nike's shares are the same value as Adidas' shares.