P/E ratio for Under Armour (UA)
P/E ratio as of June 2024 (TTM): 7.84
According to Under Armour 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 7.83721. 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 |
|---|---|---|
| 2022 | 25.5 | 8.78% |
| 2021 | 23.4 | -288.94% |
| 2020 | -12.4 | -113.58% |
| 2019 | 91.3 | -156.48% |
| 2018 | -162 | 45.68% |
| 2017 | -111 | -298.45% |
| 2016 | 55.9 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Nike NKE | 28.6 | 264.65% | 🇺🇸 USA |
 Phillips-Van Heusen
PVH | 38.2 | 387.80% | 🇺🇸 USA |
 Columbia Sportswear
COLM | 18.2 | 132.50% | 🇺🇸 USA |
 Skechers
SKX | 20.4 | 160.44% | 🇺🇸 USA |
 Guess GES | 8.79 | 12.20% | 🇺🇸 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.