Under Armour (WBO:UAC) Cyclically Adjusted PS Ratio: 0.53 (As of Jul. 20, 2026) — 67% Below Median

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WBO:UAC Under Armour Inc WBO:UAC
57 GF Score
Price €6.33
GF Value €5.62
Valuation Modestly Overvalued
! 6 Warning Signs
View Full Analysis

What is Under Armour Cyclically Adjusted PS Ratio?

Under Armour WBO:UAC +2.59% 57 Cyclically Adjusted PS Ratio is 0.53 as of Jul. 20, 2026, which is 67% below its 10-year median of 1.59. GuruFocus rates WBO:UAC with a GF Score™ of 57/100 and a GF Value™ of €5.62 (Modestly Overvalued). 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 €6.33. Under Armour's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was €11.92. Under Armour's Cyclically Adjusted PS Ratio for today is 0.53.

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

WBO:UAC' 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.

WBO:UAC'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 WBO:UAC: 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 €2.378. 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 €11.92 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Under Armour  (WBO:UAC) 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

WBO:UAC 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.


WBO:UAC
57GF Score
Under Armour Inc WBO:UAC
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
=6.33/11.92
=0.53

* 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)
=2.378/330.2130*330.2130
=2.378

Current CPI (Mar. 2026) = 330.2130.

Under Armour Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 2.011 241.018 2.755
201609 2.941 241.428 4.023
201612 2.783 241.432 3.806
201703 2.383 243.801 3.228
201706 2.205 244.955 2.972
201709 2.636 246.819 3.527
201712 2.619 246.524 3.508
201803 2.170 249.554 2.871
201806 2.262 251.989 2.964
201809 2.742 252.439 3.587
201812 2.724 251.233 3.580
201903 2.352 254.202 3.055
201906 2.338 256.143 3.014
201909 2.855 256.759 3.672
201912 2.851 256.974 3.664
202003 1.859 258.115 2.378
202006 1.384 257.797 1.773
202009 2.664 260.280 3.380
202012 2.537 260.474 3.216
202103 2.300 264.877 2.867
202106 2.427 271.696 2.950
202109 2.777 274.310 3.343
202112 2.821 278.802 3.341
202203 2.506 287.504 2.878
202206 2.726 296.311 3.038
202209 3.425 296.808 3.810
202212 3.253 296.797 3.619
202303 2.872 301.836 3.142
202306 2.674 305.109 2.894
202309 3.235 307.789 3.471
202312 3.039 306.746 3.271
202403 2.739 312.332 2.896
202406 2.524 314.175 2.653
202409 2.893 315.301 3.030
202412 3.060 315.605 3.202
202503 2.544 319.799 2.627
202506 2.302 322.561 2.357
202509 2.652 324.800 2.696
202512 2.669 324.054 2.720
202603 2.378 330.213 2.378

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 0.53 mean?
Under Armour (WBO:UAC) has a Cyclically Adjusted PS Ratio of 0.53 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 0.53 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 0.53 is 15.9% 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 57/100 and is considered Modestly Overvalued, 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 0.53 is 15.9% 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 0.53 is 15.9% 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 0.53, 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 (WBO:UAC) is currently considered Modestly Overvalued. The stock's GF Value™ is €5.62, compared to a current price of €6.33 — trading 12.6% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.53, which is 67% below median its 10-year median of 1.59 and 15.9% below the Manufacturing - Apparel & Accessories industry median of 0.63. Under Armour's overall GF Score™ is 57/100 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 (WBO:UAC), the current Cyclically Adjusted PS Ratio is 0.53 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 (WBO:UAC) Overvalued in 2026?

Based on GuruFocus' analysis, Under Armour stock appears to be overvalued. The current stock price of €6.33 is trading 12.6% above its estimated GF Value™ of €5.62. GuruFocus considers Under Armour to be Modestly Overvalued.

Key valuation signals for WBO:UAC:

  • Cyclically Adjusted PS Ratio: 0.53 (67% below median its 10-year median of 1.59)
  • GF Value™: €5.62 vs. price of €6.33 (12.6% above fair value)
  • GF Score™: 57/100 with 6 warning signs
  • Industry Position: 15.9% below the Manufacturing - Apparel & Accessories median (#396 of 885)

No single metric tells the full story. See the WBO:UAC 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.
57GF Score

Get the complete analysis for WBO:UAC

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

€6.33
Price
€5.62
GF Value