Sketchers Stock Split

With the upcoming 3-1 stock split for Sketchers, will that have an adverse affect on some of the calculations used by this board to value the company? For instance, EPS is based on average outstanding common shares. With this stock split wont it essentially triple the outstanding common shares? This will then in turn skew both EPS and PE numbers. Am I off base with this thought?

Thanks,

A.D.

2 Likes

you will triple the shares, but divide eps by 3, so p/e’s won’t change

and divide all historical per share data, incl price, by 3