Under Armour (MEX:UAA) Cyclically Adjusted PS Ratio: 0.52 (As of Jul. 20, 2026) — 67% Below Median

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MEX:UAA Under Armour Inc MEX:UAA
46 GF Score
Price MXN127.90
GF Value MXN115.93
Valuation Fairly Valued
! 6 Warning Signs
View Full Analysis

What is Under Armour Cyclically Adjusted PS Ratio?

Under Armour MEX:UAA -0.08% 46 Cyclically Adjusted PS Ratio is 0.52 as of Jul. 20, 2026, which is 67% below its 10-year median of 1.59. GuruFocus rates MEX:UAA with a GF Score™ of 46/100 and a GF Value™ of MXN115.93 (Fairly Valued). The stock has 6 warning signs investors should review. Among 885 Manufacturing - Apparel & Accessories companies, Under Armour ranks better than 55.25% on this metric.

As of today (2026-07-20), Under Armour's current share price is MXN127.90. Under Armour's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was MXN247.49. Under Armour's Cyclically Adjusted PS Ratio for today is 0.52.

The historical rank and industry rank for Under Armour's Cyclically Adjusted PS Ratio or its related term are showing as below:

MEX:UAA' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.31   Med: 1.59   Max: 9.67
Current: 0.53

During the past years, Under Armour's highest Cyclically Adjusted PS Ratio was 9.67. The lowest was 0.31. And the median was 1.59.

MEX:UAA's Cyclically Adjusted PS Ratio is ranked better than
55.25% of 885 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.63 vs MEX:UAA: 0.53

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

Under Armour's adjusted revenue per share data for the three months ended in Mar. 2026 was MXN49.576. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is MXN247.49 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Under Armour  (MEX:UAA) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PS Ratio should give similar results to regular PS Ratio.


Under Armour Cyclically Adjusted PS Ratio Related Terms


Under Armour Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Under Armour's Cyclically Adjusted PS Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Under Armour Cyclically Adjusted PS Ratio Chart

Under Armour Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Mar22 Mar23 Mar24 Mar25 Mar26
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.56 0.78 0.56 0.46 0.42

Under Armour Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Cyclically Adjusted PS Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.46 0.50 0.36 0.36 0.42

MEX:UAA vs COLM, FIGS, PVH: Cyclically Adjusted PS Ratio Comparison

For the Apparel Manufacturing subindustry, Under Armour's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Under Armour Cyclically Adjusted PS Ratio vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Under Armour's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Under Armour's Cyclically Adjusted PS Ratio falls into.


MEX:UAA
46GF Score
Under Armour Inc MEX:UAA
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Under Armour Cyclically Adjusted PS Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PS Ratio takes the Revenue per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/S calculation. Because it considers this 10-year average, it's often referred to as the CAPS Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio.

Under Armour's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=127.90/247.49
=0.52

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Under Armour's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Under Armour's adjusted Revenue per Share data for the three months ended in Mar. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=49.576/330.2130*330.2130
=49.576

Current CPI (Mar. 2026) = 330.2130.

Under Armour Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 41.791 241.018 57.257
201609 63.818 241.428 87.287
201612 60.523 241.432 82.779
201703 47.991 243.801 65.001
201706 44.785 244.955 60.373
201709 57.021 246.819 76.287
201712 60.861 246.524 81.522
201803 48.607 249.554 64.317
201806 51.921 251.989 68.039
201809 59.842 252.439 78.279
201812 60.857 251.233 79.989
201903 51.561 254.202 66.979
201906 50.750 256.143 65.426
201909 62.064 256.759 79.819
201912 59.745 256.974 76.773
202003 48.164 258.115 61.617
202006 35.968 257.797 46.072
202009 69.320 260.280 87.945
202012 61.396 260.474 77.834
202103 55.960 264.877 69.763
202106 58.197 271.696 70.731
202109 67.170 274.310 80.859
202112 65.379 278.802 77.435
202203 54.946 287.504 63.108
202206 57.971 296.311 64.604
202209 68.209 296.808 75.886
202212 67.188 296.797 74.753
202303 55.426 301.836 60.637
202306 49.676 305.109 53.763
202309 60.147 307.789 64.529
202312 56.250 306.746 60.553
202403 49.415 312.332 52.244
202406 49.771 314.175 52.312
202409 63.227 315.301 66.217
202412 66.819 315.605 69.912
202503 56.255 319.799 58.087
202506 49.995 322.561 51.181
202509 57.102 324.800 58.054
202512 56.273 324.054 57.343
202603 49.576 330.213 49.576

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

What does a Cyclically Adjusted PS Ratio of 0.52 mean?
Under Armour (MEX:UAA) has a Cyclically Adjusted PS Ratio of 0.52 as of Jul. 20, 2026. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Under Armour and its competitors. This is 67% below median its historical median of 1.59. Over the past decade, Under Armour's Cyclically Adjusted PS Ratio has ranged from 0.31 to 9.67. According to the industry distribution chart, Under Armour ranks #396 out of 885 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 44.7%.
Is Under Armour's Cyclically Adjusted PS Ratio too high?
Under Armour's current Cyclically Adjusted PS Ratio of 0.52 is 67% below median its 10-year median of 1.59. Over the past 10 years, this metric has ranged from a low of 0.31 to a high of 9.67. The Manufacturing - Apparel & Accessories industry median Cyclically Adjusted PS Ratio is 0.63. Under Armour's value of 0.52 is 17.5% below this industry median. Based on the distribution chart, Under Armour ranks #396 out of 885 companies in the Manufacturing - Apparel & Accessories industry, which is above the industry midpoint. Overall, Under Armour has a GF Score™ of 46/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Under Armour's Cyclically Adjusted PS Ratio compare to COLM and FIGS?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Under Armour ranks #396 out of 885 companies for Cyclically Adjusted PS Ratio. This puts Under Armour in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.63. Under Armour's value of 0.52 is 17.5% below this benchmark. Historically, Under Armour's own Cyclically Adjusted PS Ratio has ranged from 0.31 to 9.67 over the past decade. While the company's 10-year median is 1.59 vs. the industry median of 0.63, Under Armour has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PS Ratio for a Manufacturing - Apparel & Accessories company?
The median Cyclically Adjusted PS Ratio among Manufacturing - Apparel & Accessories companies is 0.63, based on 885 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PS Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PS Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Under Armour's current Cyclically Adjusted PS Ratio of 0.52 is 17.5% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PS Ratio mean?
A high Cyclically Adjusted PS Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Under Armour and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Cyclically Adjusted PS Ratio is 0.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Under Armour's current Cyclically Adjusted PS Ratio is 0.52, which is 67% below median its own 10-year median of 1.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Under Armour stock overvalued right now?
Based on GuruFocus' analysis, Under Armour (MEX:UAA) is currently considered Fairly Valued. The stock's GF Value™ is MXN115.93, compared to a current price of MXN127.90 — trading 10.3% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.52, which is 67% below median its 10-year median of 1.59 and 17.5% below the Manufacturing - Apparel & Accessories industry median of 0.63. Under Armour's overall GF Score™ is 46/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PS Ratio calculated?
Cyclically Adjusted PS Ratio is calculated from a company's financial statements. For Under Armour (MEX:UAA), the current Cyclically Adjusted PS Ratio is 0.52 as of Jul. 20, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Under Armour (MEX:UAA) Overvalued in 2026?

Based on GuruFocus' analysis, Under Armour stock appears to be overvalued. The current stock price of MXN127.90 is trading 10.3% above its estimated GF Value™ of MXN115.93. GuruFocus considers Under Armour to be Fairly Valued.

Key valuation signals for MEX:UAA:

  • Cyclically Adjusted PS Ratio: 0.52 (67% below median its 10-year median of 1.59)
  • GF Value™: MXN115.93 vs. price of MXN127.90 (10.3% above fair value)
  • GF Score™: 46/100 with 6 warning signs
  • Industry Position: 17.5% below the Manufacturing - Apparel & Accessories median (#396 of 885)

No single metric tells the full story. See the MEX:UAA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Under Armour Business Description

Address 101 Performance Drive, Baltimore, MD, USA, 21230
Under Armour develops, markets, and distributes athletic apparel, footwear, and accessories in North America, Asia-Pacific, Europe, and Latin America. Consumers of its performance-based clothing and shoes include professional and amateur athletes, sponsored college and professional teams, and people with active lifestyles. The company sells merchandise through wholesale partners, company-owned digital channels, and approximately 440 company-owned outlet and full-price stores. The Baltimore-based firm was founded in 1996 and is led by controlling shareholder Kevin Plank.
46GF Score

Get the complete analysis for MEX:UAA

Cyclically Adjusted PS Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN127.90
Price
MXN115.93
GF Value