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Amer SportsAS -3.17%68 Forward PE Ratio is 16.20 as of Sep. 18, 2026. GuruFocus rates AS with a GF Score™ of 68/100 and a GF Value™ of $37.34 (Significantly Undervalued). The stock has 1 warning sign investors should review. Among 354 Travel & Leisure companies, Amer Sports ranks worse than 60.73% on this metric.
Amer Sports's Forward PE Ratio for today is 16.20.
Amer Sports (NYSE:AS) Forward PE Ratio Explanation
The Forward PE Ratio of a company is often used to compare current earnings to estimated future earnings, as well as gaining a clearer picture of what earnings will look like without charges and other accounting adjustments. If earnings are expected to grow in the future, the Forward PE Ratio will be lower than the current PE Ratio. This measure is also used to compare one company to another with a forward-looking focus.
Trailing PE Ratio relies on what is already done. It uses the current share price and divides by the total EPS (Basic) over the past 12 months. PE Ratio can be affected by Non Operating Income such as the sale of part of businesses. This may increase for the current year or quarter dramatically. But it cannot be repeated over and over. Therefore PE Ratio without NRI is a more accurate indication of valuation than PE Ratio .
Amer Sports Forward PE Ratio Related Terms
Amer Sports Forward PE Ratio Historical Data
* Premium members only.
The historical data trend for Amer Sports's Forward PE 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.
Amer Sports Forward PE Ratio Chart
Amer Sports Annual Data
Trend
2024-12
2025-12
Forward PE Ratio
41.92
33.19
Amer Sports Quarterly Data
2024-03
2024-06
2024-09
2024-12
2025-03
2025-06
2025-09
2025-12
2026-03
2026-06
Forward PE Ratio
33.67
29.15
21.69
41.92
38.20
54.29
30.17
33.19
26.68
27.31
AS vs HAS, LTH, GOLF: Forward PE Ratio Comparison
For the Leisure subindustry, Amer Sports's Forward PE Ratio, along with its competitors' market caps and Forward 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.
Amer Sports Forward PE Ratio vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Amer Sports's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where Amer Sports's Forward PE Ratio falls into.
It's a measure of the price-to-earnings ratio (PE Ratio) using forecasted earnings for the calculation. While the earnings used are just an estimate and are not as reliable as current earnings data, there is still benefit in estimated P/E analysis. The forecasted earnings used in the formula can either be for the next 12 months or for the next full-year fiscal period.
Amer Sports (AS) has a Forward PE Ratio of 16.20 as of Sep. 18, 2026. Forward P/E ratio is the share price dividend by the expected per-share earnings in the next 12 months. View historical data on Amer Sports and its competitors. According to the industry distribution chart, Amer Sports ranks #215 out of 354 companies in the Travel & Leisure industry, placing it in the top 60.7%.
Is Amer Sports' Forward PE Ratio too high?
Amer Sports' current Forward PE Ratio is 16.20. The Travel & Leisure industry median Forward PE Ratio is 13.52. Amer Sports' value of 16.20 is 19.8% above this industry median. Based on the distribution chart, Amer Sports ranks #215 out of 354 companies in the Travel & Leisure industry, which is below the industry midpoint. Overall, Amer Sports has a GF Score™ of 68/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Amer Sports' Forward PE Ratio compare to HAS and LTH?
According to the Travel & Leisure industry distribution chart, Amer Sports ranks #215 out of 354 companies for Forward PE Ratio. This places Amer Sports in the lower half of its industry. The industry median Forward PE Ratio is 13.52. Amer Sports' value of 16.20 is 19.8% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Forward PE Ratio for a Travel & Leisure company?
The median Forward PE Ratio among Travel & Leisure companies is 13.52, based on 354 companies in the industry. Companies in the top quartile (top 25%) have a Forward PE Ratio significantly above this median, while those in the bottom quartile fall well below. However, Forward PE Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Amer Sports's current Forward PE Ratio of 16.20 is 19.8% above 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 Forward PE Ratio mean?
A high Forward PE Ratio can signal that a stock is expensive relative to its fundamentals. Forward P/E ratio is the share price dividend by the expected per-share earnings in the next 12 months. View historical data on Amer Sports and its competitors. For the Travel & Leisure industry, the median Forward PE Ratio is 13.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Amer Sports's current Forward PE Ratio is 16.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Amer Sports stock overvalued right now?
Based on GuruFocus' analysis, Amer Sports (AS) is currently considered Significantly Undervalued. The stock's GF Value™ is $37.34, compared to a current price of $26.27 — trading 29.6% below its estimated fair value. The current Forward PE Ratio is 16.20 and 19.8% above the Travel & Leisure industry median of 13.52. Amer Sports' overall GF Score™ is 68/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Forward PE Ratio calculated?
Forward PE Ratio is calculated from a company's financial statements. For Amer Sports (AS), the current Forward PE Ratio is 16.20 as of Sep. 18, 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 Amer Sports (AS) Overvalued in 2026?
Based on GuruFocus' analysis, Amer Sports stock appears to be undervalued.
The current stock price of $26.27 is trading 29.6% below its estimated GF Value™ of $37.34.
GuruFocus considers Amer Sports to be Significantly Undervalued.
Key valuation signals for AS:
Forward PE Ratio: 16.20
GF Value™: $37.34 vs. price of $26.27 (29.6% below fair value)
Industry Position: 19.8% above the Travel & Leisure median (#215 of 354)
No single metric tells the full story. See the AS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Amer Sports manages a diverse portfolio of 10 outdoor and action sports brands that collectively generated revenue of $6.6 billion in 2025. Although primarily owned by the Chinese conglomerate Anta Sports, Amer operates with a degree of autonomy. In its rapidly expanding China business, the company is subject to closer oversight, but it manages its operations outside of China with relative independence. In 2025, the firm generated 32% of its revenue from the Americas, 28% from Europe, the Middle East, and Africa, 28% from China, and 12% from the Asia-Pacific, excluding China.
68GF Score
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