COLM (Columbia Sportswear Co) Cyclically Adjusted Book per Share: $32.47 (As of Mar. 2026)


COLM Columbia Sportswear Co COLM
82 GF Score
Price $63.34
GF Value $85.14
Valuation Modestly Undervalued
! 7 Warning Signs
View Full Analysis

What is Columbia Sportswear Co Cyclically Adjusted Book per Share?

Columbia Sportswear Co COLM -0.63% 82 Cyclically Adjusted Book per Share is $32.47 as of Mar. 2026. GuruFocus rates COLM with a GF Score™ of 82/100 and a GF Value™ of $85.14 (Modestly Undervalued). The stock has 7 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

Columbia Sportswear Co's adjusted book value per share for the three months ended in Mar. 2026 was $30.933. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is $32.47 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Columbia Sportswear Co's average Cyclically Adjusted Book Growth Rate was 4.40% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 5.30% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 7.40% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 7.30% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Columbia Sportswear Co was 15.20% per year. The lowest was 5.30% per year. And the median was 7.45% per year.

As of today (2026-07-03), Columbia Sportswear Co's current stock price is $63.34. Columbia Sportswear Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $32.47. Columbia Sportswear Co's Cyclically Adjusted PB Ratio of today is 1.95.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Columbia Sportswear Co was 5.42. The lowest was 1.54. And the median was 3.30.


Columbia Sportswear Co  (NAS:COLM) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

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 PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

Columbia Sportswear Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=63.34/32.47
=1.95

* 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Columbia Sportswear Co was 5.42. The lowest was 1.54. And the median was 3.30.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


Columbia Sportswear Co Cyclically Adjusted Book per Share Related Terms


Columbia Sportswear Co Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Columbia Sportswear Co's Cyclically Adjusted Book per Share 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.

Columbia Sportswear Co Cyclically Adjusted Book per Share Chart

Columbia Sportswear Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 24.81 27.25 29.04 30.57 31.81

Columbia Sportswear Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Cyclically Adjusted Book per Share 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 31.09 31.47 31.78 31.81 32.47

COLM vs PVH, ZGN, UAA: Cyclically Adjusted Book per Share Comparison

For the Apparel Manufacturing subindustry, Columbia Sportswear Co's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB 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.


Columbia Sportswear Co Cyclically Adjusted PB Ratio vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Columbia Sportswear Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Columbia Sportswear Co's Cyclically Adjusted PB Ratio falls into.


COLM
82GF Score
Columbia Sportswear Co COLM
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Columbia Sportswear Co Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted Book 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.

For example, Columbia Sportswear Co's adjusted Book Value per Share data for the three months ended in Mar. 2026 was:

Adj_Book= Book Value per Share /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=30.933/330.2130*330.2130
=30.933

Current CPI (Mar. 2026) = 330.2130.

Columbia Sportswear Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 20.358 241.018 27.892
201609 21.487 241.428 29.389
201612 22.338 241.432 30.552
201703 22.522 243.801 30.505
201706 22.197 244.955 29.923
201709 23.321 246.819 31.201
201712 23.172 246.524 31.038
201803 23.626 249.554 31.262
201806 23.438 251.989 30.714
201809 24.042 252.439 31.449
201812 24.527 251.233 32.238
201903 25.176 254.202 32.704
201906 24.490 256.143 31.572
201909 25.859 256.759 33.257
201912 27.374 256.974 35.176
202003 25.661 258.115 32.829
202006 24.987 257.797 32.006
202009 26.020 260.280 33.011
202012 27.664 260.474 35.071
202103 28.121 264.877 35.057
202106 28.144 271.696 34.206
202109 28.707 274.310 34.557
202112 30.527 278.802 36.156
202203 28.895 287.504 33.187
202206 27.890 296.311 31.081
202209 29.222 296.808 32.511
202212 31.153 296.797 34.660
202303 31.377 301.836 34.327
202306 30.553 305.109 33.067
202309 31.314 307.789 33.595
202312 32.312 306.746 34.784
202403 32.106 312.332 33.944
202406 31.045 314.175 32.630
202409 31.216 315.301 32.692
202412 31.648 315.605 33.113
202503 30.991 319.799 32.000
202506 30.197 322.561 30.913
202509 30.631 324.800 31.141
202512 31.968 324.054 32.576
202603 30.933 330.213 30.933

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.

What does a Cyclically Adjusted Book per Share of $32.47 mean?
Columbia Sportswear Co (COLM) has a Cyclically Adjusted Book per Share of $32.47 as of Mar. 2026. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on Columbia Sportswear Co and its competitors.
Is Columbia Sportswear Co's Cyclically Adjusted Book per Share too high?
Columbia Sportswear Co's current Cyclically Adjusted Book per Share is $32.47. Overall, Columbia Sportswear Co has a GF Score™ of 82/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Columbia Sportswear Co's Cyclically Adjusted Book per Share compare to PVH and ZGN?
Columbia Sportswear Co's Cyclically Adjusted Book per Share of $32.47 can be compared against companies in the Manufacturing - Apparel & Accessories industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Book per Share for a Manufacturing - Apparel & Accessories company?
A good Cyclically Adjusted Book per Share depends on the Manufacturing - Apparel & Accessories industry context. However, Cyclically Adjusted Book per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Book per Share mean?
A high Cyclically Adjusted Book per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on Columbia Sportswear Co and its competitors. Columbia Sportswear Co's current Cyclically Adjusted Book per Share is $32.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Columbia Sportswear Co stock overvalued right now?
Based on GuruFocus' analysis, Columbia Sportswear Co (COLM) is currently considered Modestly Undervalued. The stock's GF Value™ is $85.14, compared to a current price of $63.34 — trading 25.6% below its estimated fair value. The current Cyclically Adjusted Book per Share is $32.47. Columbia Sportswear Co's overall GF Score™ is 82/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Book per Share calculated?
Cyclically Adjusted Book per Share is calculated from a company's financial statements. For Columbia Sportswear Co (COLM), the current Cyclically Adjusted Book per Share is $32.47 as of Mar. 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 Columbia Sportswear Co (COLM) Overvalued in 2026?

Based on GuruFocus' analysis, Columbia Sportswear Co stock appears to be undervalued. The current stock price of $63.34 is trading 25.6% below its estimated GF Value™ of $85.14. GuruFocus considers Columbia Sportswear Co to be Modestly Undervalued.

Key valuation signals for COLM:

  • Cyclically Adjusted Book per Share: $32.47
  • GF Value™: $85.14 vs. price of $63.34 (25.6% below fair value)
  • GF Score™: 82/100 with 7 warning signs

No single metric tells the full story. See the COLM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Columbia Sportswear Co Business Description

Address 14375 Northwest Science Park Drive, Portland, OR, USA, 97229
Columbia Sportswear Co makes outdoor and active-lifestyle apparel, footwear, equipment, and accessories that it sells under four primary brands: Columbia, Sorel, Mountain Hardwear, and prAna. The majority of sales are in the United States, but the company also has remarkable sales in its three other geographic segments: Latin American and Asia-Pacific; Europe, Middle East, and Africa; and Canada. The majority of sales are through wholesale channels, including sporting goods and department stores, but the company also operates its own branded stores in each of its geographic segments. It sources products from around the world and uses contract manufacturers outside the United States, predominantly in Asia to manufacture its various products.
82GF Score

Get the complete analysis for COLM

Cyclically Adjusted Book per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$63.34
Price
$85.14
GF Value