UAA (Under Armour) E10: $-0.04 (As of Mar. 2026)


UAA Under Armour Inc UAA
59 GF Score
Price $5.97
GF Value $6.56
Valuation Fairly Valued
! 3 Warning Signs
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What is Under Armour E10?

Under Armour UAA -1.49% 59 E10 is $-0.04 as of Mar. 2026. GuruFocus rates UAA with a GF Score™ of 59/100 and a GF Value™ of $6.56 (Fairly Valued). The stock has 3 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

Under Armour's adjusted earnings per share data for the three months ended in Mar. 2026 was $-0.100. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $-0.04 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Under Armour's average E10 Growth Rate was -126.70% 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 E10 growth rate using E10 data.

During the past 13 years, the highest 3-Year average E10 Growth Rate of Under Armour was 19.70% per year. The lowest was -20.60% per year. And the median was -2.30% per year.

As of today (2026-06-25), Under Armour's current stock price is $5.97. Under Armour's E10 for the quarter that ended in Mar. 2026 was $-0.04. Under Armour's Shiller PE Ratio of today is .

During the past 13 years, the highest Shiller PE Ratio of Under Armour was 174.10. The lowest was 26.24. And the median was 65.63.


Under Armour  (NYSE:UAA) E10 Explanation

If a company grows much fast than inflation, E10 may underestimate the company's earnings power. Shiller PE Ratio can seem to be too high even the actual P/E is low.

For the Shiller P/E, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller P/E is also called PE10.

The Shiller P/E was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

During the past 13 years, the highest Shiller P/E Ratio of Under Armour was 174.10. The lowest was 26.24. And the median was 65.63.


Be Aware

Shiller PE Ratio works better for cyclical companies. It gives you a better idea on the company's real earnings power.


Under Armour E10 Related Terms


Under Armour E10 Historical Data

* Premium members only.

The historical data trend for Under Armour's E10 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 E10 Chart

Under Armour Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Mar22 Mar23 Mar24 Mar25 Mar26
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.19 0.24 0.25 0.15 -0.04

Under Armour Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
E10 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 0.15 0.15 0.11 -0.03 -0.04

UAA vs FIGS, COLM, GIII: E10 Comparison

For the Apparel Manufacturing subindustry, Under Armour's Shiller PE Ratio, along with its competitors' market caps and Shiller PE 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 Shiller PE Ratio vs Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where Under Armour's Shiller PE Ratio falls into.


UAA
59GF Score
Under Armour Inc UAA
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
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Under Armour E10 Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. When we calculate the today's Shiller P/E ratio of a stock, we use today's price divided by E10.

What is E10? How do we calculate E10?

E10 is the average of the inflation adjusted earnings of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the E10 of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the earnings from 2001 through 2010.

We adjusted the earnings of 2001 earnings data with the total inflation from 2001 through 2010 to the equivalent earnings in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart earned $1 a share in 2001, then the 2001's equivalent earnings in 2010 is $1.4 a share. If Wal-Mart earns $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 earnings in 2010 is $1.35. So on and so forth, you get the equivalent earnings of past 10 years. Then you add them together and divided the sum by 10 to get E10.

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 earnings per share data for the three months ended in Mar. 2026 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=-0.1/330.2130*330.2130
=-0.100

Current CPI (Mar. 2026) = 330.2130.

Under Armour Quarterly Data

per share eps CPI Adj_EPS
201606 -0.120 241.018 -0.164
201609 0.290 241.428 0.397
201612 0.230 241.432 0.315
201703 -0.010 243.801 -0.014
201706 -0.030 244.955 -0.040
201709 0.120 246.819 0.161
201712 -0.200 246.524 -0.268
201803 -0.070 249.554 -0.093
201806 -0.210 251.989 -0.275
201809 0.170 252.439 0.222
201812 0.010 251.233 0.013
201903 0.050 254.202 0.065
201906 -0.040 256.143 -0.052
201909 0.230 256.759 0.296
201912 -0.030 256.974 -0.039
202003 -1.300 258.115 -1.663
202006 -0.400 257.797 -0.512
202009 0.090 260.280 0.114
202012 0.400 260.474 0.507
202103 0.170 264.877 0.212
202106 0.130 271.696 0.158
202109 0.240 274.310 0.289
202112 0.230 278.802 0.272
202203 -0.130 287.504 -0.149
202206 0.020 296.311 0.022
202209 0.190 296.808 0.211
202212 0.270 296.797 0.300
202303 0.380 301.836 0.416
202306 0.020 305.109 0.022
202309 0.230 307.789 0.247
202312 0.250 306.746 0.269
202403 0.020 312.332 0.021
202406 -0.700 314.175 -0.736
202409 0.390 315.301 0.408
202412 0.000 315.605 0.000
202503 -0.160 319.799 -0.165
202506 -0.010 322.561 -0.010
202509 -0.040 324.800 -0.041
202512 -1.010 324.054 -1.029
202603 -0.100 330.213 -0.100

Add all the adjusted EPS together and divide 10 will get our e10.

Frequently Asked Questions Learn more about E10 →
What does a E10 of $-0.04 mean?
Under Armour (UAA) has a E10 of $-0.04 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Under Armour and its competitors.
Is Under Armour's E10 too high?
Under Armour's current E10 is $-0.04. Overall, Under Armour has a GF Score™ of 59/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Under Armour's E10 compare to FIGS and COLM?
Under Armour's E10 of $-0.04 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 E10 for a Manufacturing - Apparel & Accessories company?
A good E10 depends on the Manufacturing - Apparel & Accessories industry context. However, E10 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 E10 mean?
A high E10 can signal that a stock is expensive relative to its fundamentals. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Under Armour and its competitors. Under Armour's current E10 is $-0.04. 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 (UAA) is currently considered Fairly Valued. The stock's GF Value™ is $6.56, compared to a current price of $5.97 — trading 9% below its estimated fair value. The current E10 is $-0.04. Under Armour's overall GF Score™ is 59/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is E10 calculated?
E10 is calculated from a company's financial statements. For Under Armour (UAA), the current E10 is $-0.04 as of Mar. 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 (UAA) Overvalued in 2026?

Based on GuruFocus' analysis, Under Armour stock appears to be undervalued. The current stock price of $5.97 is trading 9% below its estimated GF Value™ of $6.56. GuruFocus considers Under Armour to be Fairly Valued.

Key valuation signals for UAA:

  • E10: $-0.04
  • GF Value™: $6.56 vs. price of $5.97 (9% below fair value)
  • GF Score™: 59/100 with 3 warning signs

No single metric tells the full story. See the 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.
59GF Score

Get the complete analysis for UAA

E10 is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$5.97
Price
$6.56
GF Value