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Nike (MEX:NKE) Cyclically Adjusted Book per Share : MXN187.24 (As of Feb. 2025)


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What is Nike Cyclically Adjusted Book per Share?

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. 2025 was MXN194.666. 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 MXN187.24 for the trailing ten years ended in Feb. 2025.

During the past 12 months, Nike's average Cyclically Adjusted Book Growth Rate was 3.50% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 7.80% 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 6.00% 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 14.90% per year. The lowest was 3.00% per year. And the median was 10.90% per year.

As of today (2025-05-27), Nike's current stock price is MXN1158.06. Nike's Cyclically Adjusted Book per Share for the quarter that ended in Feb. 2025 was MXN187.24. Nike's Cyclically Adjusted PB Ratio of today is 6.18.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Nike was 24.15. The lowest was 5.94. And the median was 11.83.


Nike Cyclically Adjusted Book per Share Historical Data

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.

* Premium members only.

Nike Cyclically Adjusted Book per Share Chart

Nike Annual Data
Trend May15 May16 May17 May18 May19 May20 May21 May22 May23 May24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 149.26 143.06 159.26 152.44 151.81

Nike Quarterly Data
May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25
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 150.39 151.81 176.98 183.83 187.24

Competitive Comparison of Nike's Cyclically Adjusted Book per Share

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's Cyclically Adjusted PB Ratio Distribution in the 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.


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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. 2025 was:

Adj_Book= Book Value per Share /CPI of Feb. 2025 (Change)*Current CPI (Feb. 2025)
=194.666/134.6241*134.6241
=194.666

Current CPI (Feb. 2025) = 134.6241.

Nike Quarterly Data

Book Value per Share CPI Adj_Book
201505 113.939 100.333 152.881
201508 126.309 100.548 169.115
201511 130.363 100.135 175.264
201602 131.887 100.040 177.481
201605 134.189 101.355 178.235
201608 137.469 101.617 182.122
201611 152.226 101.829 201.251
201702 154.000 102.779 201.716
201705 140.872 103.256 183.668
201708 130.315 103.587 169.360
201711 134.909 104.072 174.513
201802 114.346 105.052 146.534
201805 122.576 106.148 155.460
201808 108.727 106.383 137.590
201811 112.351 106.338 142.237
201902 109.748 106.649 138.536
201905 113.300 108.048 141.168
201908 118.346 108.245 147.187
201911 117.220 108.519 145.418
202002 114.764 109.139 141.563
202005 114.621 108.175 142.646
202008 128.959 109.662 158.313
202011 136.124 109.793 166.910
202102 158.186 110.968 191.907
202105 161.246 113.576 191.128
202108 181.883 115.421 212.144
202111 202.252 117.269 232.184
202202 191.718 119.703 215.616
202205 191.426 123.323 208.968
202208 203.197 124.958 218.916
202211 190.811 125.607 204.508
202302 173.098 126.928 183.594
202305 162.242 128.314 170.220
202308 154.754 129.538 160.831
202311 162.040 129.548 168.389
202402 160.611 130.930 165.143
202405 163.156 132.509 165.760
202408 184.488 132.816 187.000
202411 193.053 133.110 195.249
202502 194.666 134.624 194.666

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


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
=1158.06/187.24
=6.18

* 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 5.94. And the median was 11.83.


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

Thank you for viewing the detailed overview of Nike's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Nike Business Description

Address
One Bowerman Drive, Beaverton, OR, USA, 97005-6453
Nike is the largest athletic footwear and apparel brand in the world. Key categories include basketball, running, and football (soccer). Footwear generates about two thirds of its sales. Its brands include Nike, Jordan (premium athletic footwear and clothing), and Converse (casual footwear). Nike sells products worldwide through company-owned stores, franchised stores, 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.