Under Armour (FRA:U9RA) Cyclically Adjusted Revenue per Share: €12.48 (As of Jun. 2026)

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FRA:U9RA Under Armour Inc FRA:U9RA
58 GF Score
Price €4.11
GF Value €5.14
Valuation Modestly Undervalued
! 3 Warning Signs
View Full Analysis

What is Under Armour Cyclically Adjusted Revenue per Share?

Under Armour FRA:U9RA -1.77% 58 Cyclically Adjusted Revenue per Share is €12.48 as of Jun. 2026. GuruFocus rates FRA:U9RA with a GF Score™ of 58/100 and a GF Value™ of €5.14 (Modestly Undervalued). The stock has 3 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and 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 for the three months ended in Jun. 2026 was €2.190. Add all the adjusted revenue per share for the past 10 years together and divide the count will get our Cyclically Adjusted Revenue per Share, which is €12.48 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Under Armour's average Cyclically Adjusted Revenue Growth Rate was 1.90% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 4.60% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 6.50% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 10.70% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Revenue Growth Rate using Cyclically Adjusted Revenue per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Revenue Growth Rate of Under Armour was 23.50% per year. The lowest was 4.60% per year. And the median was 12.05% per year.

As of today (2026-09-17), Under Armour's current stock price is €4.11. Under Armour's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was €12.48. Under Armour's Cyclically Adjusted PS Ratio of today is 0.33.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Under Armour was 8.87. The lowest was 0.31. And the median was 1.45.


Under Armour  (FRA:U9RA) Cyclically Adjusted Revenue per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Revenue per Share may underestimate the company's revenue. Cyclically Adjusted PS Ratio can seem to be too high even the actual PS Ratio is low.

For the Cyclically Adjusted PS Ratio, the revenue per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/S calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PS Ratio is also called CAPS Ratio.

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 Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=4.11/12.484
=0.33

* 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.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Under Armour was 8.87. The lowest was 0.31. And the median was 1.45.


Be Aware

Cyclically Adjusted PS Ratio works better for cyclical companies. It gives you a better idea on the company's real revenue value.


Under Armour Cyclically Adjusted Revenue per Share Related Terms


Under Armour Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Under Armour's Cyclically Adjusted Revenue per Share 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 Revenue per Share Chart

Under Armour Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Mar23 Mar24 Mar25 Mar26
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.43 0.00 0.00 0.00 0.00

Under Armour Quarterly Data
Jun21 Sep21 Dec21 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Cyclically Adjusted Revenue per Share 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 13.13 13.05 12.62 12.43 12.48

FRA:U9RA vs FIGS, GIII, COLM: Cyclically Adjusted Revenue per Share 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.


FRA:U9RA
58GF Score
Under Armour Inc FRA:U9RA
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Under Armour Cyclically Adjusted Revenue per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and 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.

What is Cyclically Adjusted Revenue per Share? How do we calculate Cyclically Adjusted Revenue per Share?

Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Revenue per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the revenue per share from 2001 through 2010.

We adjusted the 2001 revenue per share data with the total inflation from 2001 through 2010 to the equivalent revenue in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's revenue is $1 a share in 2001, then the 2001's equivalent revenue in 2010 is $1.4 a share. If Wal-Mart's revenue is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 revenue in 2010 is $1.35. So on and so forth, you get the equivalent revenue per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

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

Adj_RevenuePerShare= Revenue per Share /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=2.19/333.9520*333.9520
=2.190

Current CPI (Jun. 2026) = 333.9520.

Under Armour Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 2.001 241.018 2.773
201609 2.957 241.428 4.090
201612 2.710 241.432 3.749
201703 2.391 243.801 3.275
201706 2.251 244.955 3.069
201709 2.671 246.819 3.614
201712 2.625 246.524 3.556
201803 2.177 249.554 2.913
201806 2.218 251.989 2.939
201809 2.751 252.439 3.639
201812 2.692 251.233 3.578
201903 2.334 254.202 3.066
201906 2.343 256.143 3.055
201909 2.815 256.759 3.661
201912 2.873 256.974 3.734
202003 1.861 258.115 2.408
202006 1.412 257.797 1.829
202009 2.686 260.280 3.446
202012 2.574 260.474 3.300
202103 2.279 264.877 2.873
202106 2.431 271.696 2.988
202109 2.775 274.310 3.378
202112 2.787 278.802 3.338
202206 2.691 296.311 3.033
202209 3.337 296.808 3.755
202212 3.348 296.797 3.767
202303 2.849 301.836 3.152
202306 2.653 305.109 2.904
202309 3.172 307.789 3.442
202312 3.075 306.746 3.348
202403 2.746 312.332 2.936
202406 2.523 314.175 2.682
202409 2.930 315.301 3.103
202412 3.005 315.605 3.180
202503 2.607 319.799 2.722
202506 2.349 322.561 2.432
202509 2.682 324.800 2.758
202512 2.698 324.054 2.780
202603 2.362 330.213 2.389
202606 2.190 333.952 2.190

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

What does a Cyclically Adjusted Revenue per Share of €12.48 mean?
Under Armour (FRA:U9RA) has a Cyclically Adjusted Revenue per Share of €12.48 as of Jun. 2026. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on Under Armour and its competitors.
Is Under Armour's Cyclically Adjusted Revenue per Share too high?
Under Armour's current Cyclically Adjusted Revenue per Share is €12.48. Overall, Under Armour has a GF Score™ of 58/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Under Armour's Cyclically Adjusted Revenue per Share compare to FIGS and GIII?
Under Armour's Cyclically Adjusted Revenue per Share of €12.48 can be compared against companies in the Manufacturing - Apparel & Accessories industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Revenue per Share for a Manufacturing - Apparel & Accessories company?
A good Cyclically Adjusted Revenue per Share depends on the Manufacturing - Apparel & Accessories industry context. However, Cyclically Adjusted Revenue per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Revenue per Share mean?
A high Cyclically Adjusted Revenue per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on Under Armour and its competitors. Under Armour's current Cyclically Adjusted Revenue per Share is €12.48. 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 (FRA:U9RA) is currently considered Modestly Undervalued. The stock's GF Value™ is €5.14, compared to a current price of €4.11 — trading 20% below its estimated fair value. The current Cyclically Adjusted Revenue per Share is €12.48. Under Armour's overall GF Score™ is 58/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Revenue per Share calculated?
Cyclically Adjusted Revenue per Share is calculated from a company's financial statements. For Under Armour (FRA:U9RA), the current Cyclically Adjusted Revenue per Share is €12.48 as of Jun. 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 (FRA:U9RA) Overvalued in 2026?

Based on GuruFocus' analysis, Under Armour stock appears to be undervalued. The current stock price of €4.11 is trading 20% below its estimated GF Value™ of €5.14. GuruFocus considers Under Armour to be Modestly Undervalued.

Key valuation signals for FRA:U9RA:

  • Cyclically Adjusted Revenue per Share: €12.48
  • GF Value™: €5.14 vs. price of €4.11 (20% below fair value)
  • GF Score™: 58/100 with 3 warning signs

No single metric tells the full story. See the FRA:U9RA 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.
58GF Score

Get the complete analysis for FRA:U9RA

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

€4.11
Price
€5.14
GF Value