Nike (MEX:NKE) Cyclically Adjusted Book per Share: MXN159.69 (As of Feb. 2026)


MEX:NKE Nike Inc MEX:NKE
70 GF Score
Price MXN771.00
GF Value MXN1,272.74
Valuation Possible Value Trap
! 4 Warning Signs
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What is Nike Cyclically Adjusted Book per Share?

Nike MEX:NKE +0.42% 70 Cyclically Adjusted Book per Share is MXN159.69 as of Feb. 2026. GuruFocus rates MEX:NKE with a GF Score™ of 70/100 and a GF Value™ of MXN1,272.74 (Possible Value Trap). The stock has 4 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.

Nike's adjusted book value per share for the three months ended in Feb. 2026 was MXN163.946. 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 MXN159.69 for the trailing ten years ended in Feb. 2026.

During the past 12 months, Nike's average Cyclically Adjusted Book Growth Rate was 1.30% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 4.50% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 6.70% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 5.70% 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 Nike was 14.10% per year. The lowest was 3.00% per year. And the median was 10.90% per year.

As of today (2026-07-06), Nike's current stock price is MXN771.00. Nike's Cyclically Adjusted Book per Share for the quarter that ended in Feb. 2026 was MXN159.69. Nike's Cyclically Adjusted PB Ratio of today is 4.83.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Nike was 24.15. The lowest was 4.40. And the median was 11.69.


Nike  (MEX:NKE) 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.

Nike's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=771.00/159.69
=4.83

* 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 Nike was 24.15. The lowest was 4.40. And the median was 11.69.


Be Aware

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


Nike Cyclically Adjusted Book per Share Related Terms


Nike Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Nike'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.

Nike Cyclically Adjusted Book per Share Chart

Nike Annual Data
Trend May17 May18 May19 May20 May21 May22 May23 May24 May25 May26
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 159.26 152.44 151.81 179.28 0.00

Nike Quarterly Data
Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
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 179.28 172.05 168.16 159.69 0.00

MEX:NKE vs DECK, ONON, BIRK: Cyclically Adjusted Book per Share Comparison

For the Footwear & Accessories subindustry, Nike'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.


Nike Cyclically Adjusted PB Ratio vs Manufacturing - Apparel & Accessories Industry

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

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


MEX:NKE
70GF Score
Nike Inc MEX:NKE
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nike 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, Nike's adjusted Book Value per Share data for the three months ended in Feb. 2026 was:

Adj_Book= Book Value per Share /CPI of Feb. 2026 (Change)*Current CPI (Feb. 2026)
=163.946/326.7850*326.7850
=163.946

Current CPI (Feb. 2026) = 326.7850.

Nike Quarterly Data

Book Value per Share CPI Adj_Book
201605 134.189 240.229 182.538
201608 137.469 240.849 186.519
201611 152.226 241.353 206.110
201702 154.000 243.603 206.586
201705 140.872 244.733 188.102
201708 130.315 245.519 173.449
201711 134.909 246.669 178.726
201802 114.346 248.991 150.072
201805 122.576 251.588 159.213
201808 108.727 252.146 140.912
201811 112.351 252.038 145.671
201902 109.748 252.776 141.881
201905 113.300 256.092 144.576
201908 118.346 256.558 150.741
201911 117.220 257.208 148.929
202002 114.764 258.678 144.980
202005 114.621 256.394 146.089
202008 128.959 259.918 162.135
202011 136.124 260.229 170.939
202102 158.186 263.014 196.540
202105 161.246 269.195 195.742
202108 181.883 273.567 217.265
202111 202.252 277.948 237.789
202202 191.718 283.716 220.821
202205 191.426 292.296 214.013
202208 203.197 296.171 224.201
202211 190.811 297.711 209.445
202302 173.098 300.840 188.026
202305 162.242 304.127 174.329
202308 154.754 307.026 164.713
202311 162.040 307.051 172.454
202402 160.611 310.326 169.129
202405 163.156 314.069 169.762
202408 184.488 314.796 191.514
202411 193.053 315.493 199.963
202502 194.666 319.082 199.365
202505 173.936 321.465 176.815
202508 171.990 323.976 173.481
202511 174.365 324.122 175.798
202602 163.946 326.785 163.946

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 MXN159.69 mean?
Nike (MEX:NKE) has a Cyclically Adjusted Book per Share of MXN159.69 as of Feb. 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 Nike and its competitors.
Is Nike's Cyclically Adjusted Book per Share too high?
Nike's current Cyclically Adjusted Book per Share is MXN159.69. Overall, Nike has a GF Score™ of 70/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Nike's Cyclically Adjusted Book per Share compare to DECK and ONON?
Nike's Cyclically Adjusted Book per Share of MXN159.69 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 Nike and its competitors. Nike's current Cyclically Adjusted Book per Share is MXN159.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nike stock overvalued right now?
Based on GuruFocus' analysis, Nike (MEX:NKE) is currently considered Possible Value Trap. The stock's GF Value™ is MXN1,272.74, compared to a current price of MXN771.00 — trading 39.4% below its estimated fair value. The current Cyclically Adjusted Book per Share is MXN159.69. Nike's overall GF Score™ is 70/100 with 4 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 Nike (MEX:NKE), the current Cyclically Adjusted Book per Share is MXN159.69 as of Feb. 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 Nike (MEX:NKE) Overvalued in 2026?

Based on GuruFocus' analysis, Nike stock appears to be undervalued. The current stock price of MXN771.00 is trading 39.4% below its estimated GF Value™ of MXN1,272.74. GuruFocus considers Nike to be Possible Value Trap.

Key valuation signals for MEX:NKE:

  • Cyclically Adjusted Book per Share: MXN159.69
  • GF Value™: MXN1,272.74 vs. price of MXN771.00 (39.4% below fair value)
  • GF Score™: 70/100 with 4 warning signs

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


Nike Business Description

Address One Bowerman Drive, Beaverton, OR, USA, 97005-6453
Nike is the largest athletic footwear and apparel brand in the world. Footwear generates about two-thirds of its sales. Key performance footwear categories include basketball, running, and football (soccer). Its brands include Nike, Jordan (premium athletic footwear and clothing), NikeSkims (women's athleisure), and Converse (casual footwear). Nike sells products worldwide through company-owned stores, franchised stores (including about 5,500 in China), and third-party retailers. The firm also operates e-commerce platforms in more than 40 countries. Nearly all its production is outsourced to contract manufacturers in more than 30 countries. Nike was founded in 1964 and is based in Beaverton, Oregon.
70GF Score

Get the complete analysis for MEX:NKE

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

MXN771.00
Price
MXN1,272.74
GF Value