Amer Sports, Inc. (AS) Valuation
Historical valuation analysis based on 680 data points (2024-02-01 to 2026-10-16)
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...
Amer Sports, Inc. (AS) currently trades at a P/E ratio of 40.87 (historical range: 35.81–318.62, median: 204.40), placing it at the 7th percentile — cheap relative to its history, P/S ratio of 2.66 (range: 1.32–4.46, 38th percentile — below its historical average), EV/EBITDA of 24.98 (range: 21.96–56.25, 8th percentile).
Over the historical period (2024-02-01 to 2026-10-16), Amer Sports, Inc.'s P/E ratio has contracted by 37% over the observed period (from an average of 225.2 to 141.6).
Amer Sports, Inc. trades well below its historical valuation range across most metrics.
Historical Valuation Metrics
| Metric | Current | Median | %ile | Assessment |
|---|---|---|---|---|
| P/E Ratio | 40.87 | 204.40 | 7th | cheap relative to its history |
| P/S Ratio | 2.66 | 3.06 | 38th | below its historical average |
| EV/EBITDA | 24.98 | 31.95 | 8th | cheap relative to its history |
| FCF Yield | 3.98% | 2.89% | 94th | cheap relative to its history |
Amer Sports, Inc. (AS) Valuation & P/E History
Amer Sports, Inc. (AS) is a US-listed stock operating in the Consumer Cyclical sector currently trading at $29.58 with a market capitalization of $17.2 billion. This page provides historical valuation analysis for AS based on 680 data points covering 2024-02-01 to 2026-10-16. The P/E ratio of 40.87 is below the historical median of 204.40, placing AS at the 7th percentile of its valuation range. The P/S ratio of 2.66 compares to a median of 3.06.
AS Valuation Metrics & Historical Range
The valuation table above shows Amer Sports, Inc.'s current and historical valuation multiples, including P/E ratio, P/S ratio, EV/EBITDA, FCF yield, and dividend yield. Each metric is compared to its own historical range to determine whether AS is currently trading above or below its typical valuation levels.
- P/E ratio: Price-to-earnings measures how much investors pay per dollar of earnings. A P/E above the historical median suggests AS is expensively valued; below the median suggests it is cheap.
- P/S ratio: Price-to-sales is useful for companies with volatile or negative earnings. Lower P/S relative to history may indicate value.
- EV/EBITDA: Enterprise value to EBITDA adjusts for debt and cash, providing a capital-structure-neutral valuation measure for Amer Sports, Inc..
- FCF yield: Free cash flow yield shows the cash return relative to market price. Higher yields may indicate undervaluation.
Is AS Overvalued or Undervalued?
Amer Sports, Inc. trades well below its historical valuation range across most metrics. The overall valuation percentile of 18 combines P/E, P/S, and EV/EBITDA percentiles into a single measure of how expensive AS is relative to its own history. A percentile below 25 suggests the stock may be undervalued, while a percentile above 75 suggests it may be overvalued.
However, valuation is only one factor in investment decisions. A stock can remain "overvalued" for years if growth accelerates, or "undervalued" if the business deteriorates. Always combine valuation analysis with financial statement analysis and the full AS analysis page for a complete picture.
Valuation data is computed from historical price and fundamental data via Polygon.io and Finnhub.AS trades on NYSE/NASDAQ. This page is for informational purposes only and is not financial advice.

