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Under Armour (BSP:U1AI34) Cyclically Adjusted PS Ratio : 0.57 (As of Jun. 07, 2024)


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What is Under Armour Cyclically Adjusted PS Ratio?

As of today (2024-06-07), Under Armour's current share price is R$35.48. Under Armour's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was R$61.87. Under Armour's Cyclically Adjusted PS Ratio for today is 0.57.

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

BSP:U1AI34' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.5   Med: 2.63   Max: 14.73
Current: 0.53

During the past years, Under Armour's highest Cyclically Adjusted PS Ratio was 14.73. The lowest was 0.50. And the median was 2.63.

BSP:U1AI34's Cyclically Adjusted PS Ratio is ranked better than
56.83% of 864 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.63 vs BSP:U1AI34: 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. 2024 was R$14.826. 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 R$61.87 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Under Armour Cyclically Adjusted PS Ratio Historical Data

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.

* Premium members only.

Under Armour Cyclically Adjusted PS Ratio Chart

Under Armour Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Mar22 Mar23 Mar24
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.91 2.03 1.56 0.78 0.56

Under Armour Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.78 0.58 0.54 0.69 0.56

Competitive Comparison of Under Armour's Cyclically Adjusted PS Ratio

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's Cyclically Adjusted PS Ratio Distribution in the 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.



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
=35.48/61.87
=0.57

* 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. 2024 is calculated as:

For example, Under Armour's adjusted Revenue per Share data for the three months ended in Mar. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=14.826/131.7762*131.7762
=14.826

Current CPI (Mar. 2024) = 131.7762.

Under Armour Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 3.137 100.560 4.111
201409 5.030 100.428 6.600
201412 5.262 99.070 6.999
201503 5.757 99.621 7.615
201506 5.543 100.684 7.255
201509 10.631 100.392 13.954
201512 10.263 99.792 13.552
201603 8.741 100.470 11.465
201606 7.736 101.688 10.025
201609 10.737 101.861 13.890
201612 9.846 101.863 12.737
201703 7.971 102.862 10.212
201706 8.165 103.349 10.411
201709 9.842 104.136 12.454
201712 10.211 104.011 12.937
201803 8.773 105.290 10.980
201806 9.964 106.317 12.350
201809 13.145 106.507 16.264
201812 12.036 105.998 14.963
201903 10.209 107.251 12.544
201906 10.187 108.070 12.422
201909 12.951 108.329 15.754
201912 13.002 108.420 15.803
202003 10.037 108.902 12.145
202006 8.085 108.767 9.795
202009 16.945 109.815 20.334
202012 15.879 109.897 19.040
202103 15.427 111.754 18.191
202106 14.701 114.631 16.900
202109 17.245 115.734 19.635
202112 18.022 117.630 20.189
202203 13.733 121.301 14.919
202206 14.545 125.017 15.331
202209 17.781 125.227 18.711
202212 18.077 125.222 19.023
202303 16.016 127.348 16.573
202306 14.064 128.729 14.397
202309 17.054 129.860 17.306
202312 16.238 129.419 16.534
202403 14.826 131.776 14.826

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.


Under Armour  (BSP:U1AI34) 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

Thank you for viewing the detailed overview of Under Armour's Cyclically Adjusted PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Under Armour (BSP:U1AI34) Business Description

Address
1020 Hull Street, Baltimore, MD, USA, 21230
Under Armour develops, markets, and distributes athletic apparel, footwear, and accessories in North America, Asia-Pacific, Europe, and other regions. 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 direct-to-consumer, including e-commerce and more than 400 combined factory house and brand house stores, and wholesale channels. Under Armour also operates a digital fitness app called MapMyFitness. The Baltimore-based company was founded in 1996.

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