Under Armour
UA
#2917
Rank
โ‚ฌ4.22 B
Marketcap
9,22ย โ‚ฌ
Share price
23.33%
Change (1 day)
47.15%
Change (1 year)

P/E ratio for Under Armour (UA)

P/E ratio as of November 2024 (TTM): 11.6

According to Under Armour 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 11.5581. At the end of 2022 the company had a P/E ratio of 25.5.

P/E ratio history for Under Armour from 2016 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202225.58.78%
202123.4-288.94%
2020-12.4-113.58%
201991.3-156.48%
2018-16245.68%
2017-111-298.45%
201655.9

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
18.5 60.10%๐Ÿ‡บ๐Ÿ‡ธ USA
23.2 100.87%๐Ÿ‡บ๐Ÿ‡ธ USA
35.0 203.21%๐Ÿ‡บ๐Ÿ‡ธ USA
6.56-43.24%๐Ÿ‡บ๐Ÿ‡ธ USA
18.5 59.72%๐Ÿ‡บ๐Ÿ‡ธ USA

How to read a P/E ratio?

The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.

Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.