Atlassian (MEX:TEAM) Cyclically Adjusted Book per Share: MXN65.10 (As of Jun. 2026)

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Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

MEX:TEAM Atlassian Corp MEX:TEAM
76 GF Score
Price MXN2,862.00
GF Value MXN4,934.18
Valuation Significantly Undervalued
! 3 Warning Signs
View Full Analysis

What is Atlassian Cyclically Adjusted Book per Share?

Atlassian MEX:TEAM 76 Cyclically Adjusted Book per Share is MXN65.10 as of Jun. 2026. GuruFocus rates MEX:TEAM with a GF Score™ of 76/100 and a GF Value™ of MXN4,934.18 (Significantly Undervalued). The stock has 3 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.

Atlassian's adjusted book value per share for the three months ended in Jun. 2026 was MXN72.883. 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 MXN65.10 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Atlassian's 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.

As of today (2026-08-31), Atlassian's current stock price is MXN2862.00. Atlassian's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was MXN65.10. Atlassian's Cyclically Adjusted PB Ratio of today is 43.96.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Atlassian was 95.53. The lowest was 15.53. And the median was 50.82.


Atlassian  (MEX:TEAM) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=2862.00/65.10
=43.96

* 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 Atlassian was 95.53. The lowest was 15.53. And the median was 50.82.


Be Aware

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


Atlassian Cyclically Adjusted Book per Share Related Terms


Atlassian Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Atlassian'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.

Atlassian Cyclically Adjusted Book per Share Chart

Atlassian Annual Data
Trend Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25 Jun26
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 85.51 65.81 65.10

Atlassian Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 65.81 66.46 65.19 65.92 65.10

MEX:TEAM vs WDAY, MSTR, PAYX: Cyclically Adjusted Book per Share Comparison

For the Software - Application subindustry, Atlassian'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.


Atlassian Cyclically Adjusted PB Ratio vs Software Industry

For the Software industry and Technology sector, Atlassian's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


MEX:TEAM
76GF Score
Atlassian Corp MEX:TEAM
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

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

Adj_Book= Book Value per Share /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=72.883/333.9520*333.9520
=72.883

Current CPI (Jun. 2026) = 333.9520.

Atlassian Quarterly Data

Book Value per Share CPI Adj_Book
201609 68.584 241.428 94.868
201612 73.417 241.432 101.551
201703 71.283 243.801 97.642
201706 70.732 244.955 96.430
201709 73.298 246.819 99.174
201712 73.016 246.524 98.911
201803 68.529 249.554 91.705
201806 75.764 251.989 100.407
201809 56.128 252.439 74.252
201812 67.204 251.233 89.331
201903 55.807 254.202 73.315
201906 44.885 256.143 58.520
201909 56.136 256.759 73.013
201912 68.777 256.974 89.380
202003 77.718 258.115 100.552
202006 53.665 257.797 69.518
202009 61.145 260.280 78.452
202012 13.455 260.474 17.251
202103 33.733 264.877 42.530
202106 23.304 271.696 28.644
202109 -2.230 274.310 -2.715
202112 10.005 278.802 11.984
202203 23.797 287.504 27.642
202206 25.842 296.311 29.125
202209 37.835 296.808 42.570
202212 43.930 296.797 49.429
202303 40.799 301.836 45.140
202306 43.576 305.109 47.695
202309 52.245 307.789 56.686
202312 59.213 306.746 64.465
202403 72.258 312.332 77.260
202406 72.621 314.175 77.192
202409 77.704 315.301 82.300
202412 97.057 315.605 102.699
202503 106.421 319.799 111.131
202506 96.348 322.561 99.750
202509 96.072 324.800 98.779
202512 107.886 324.054 111.181
202603 61.952 330.213 62.653
202606 72.883 333.952 72.883

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 MXN65.10 mean?
Atlassian (MEX:TEAM) has a Cyclically Adjusted Book per Share of MXN65.10 as of Jun. 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 Atlassian and its competitors.
Is Atlassian's Cyclically Adjusted Book per Share too high?
Atlassian's current Cyclically Adjusted Book per Share is MXN65.10. Overall, Atlassian has a GF Score™ of 76/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Atlassian's Cyclically Adjusted Book per Share compare to WDAY and MSTR?
Atlassian's Cyclically Adjusted Book per Share of MXN65.10 can be compared against companies in the Software 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 Software company?
A good Cyclically Adjusted Book per Share depends on the Software 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 Atlassian and its competitors. Atlassian's current Cyclically Adjusted Book per Share is MXN65.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Atlassian stock overvalued right now?
Based on GuruFocus' analysis, Atlassian (MEX:TEAM) is currently considered Significantly Undervalued. The stock's GF Value™ is MXN4,934.18, compared to a current price of MXN2,862.00 — trading 42% below its estimated fair value. The current Cyclically Adjusted Book per Share is MXN65.10. Atlassian's overall GF Score™ is 76/100 with 3 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 Atlassian (MEX:TEAM), the current Cyclically Adjusted Book per Share is MXN65.10 as of Jun. 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 Atlassian (MEX:TEAM) Overvalued in 2026?

Based on GuruFocus' analysis, Atlassian stock appears to be undervalued. The current stock price of MXN2,862.00 is trading 42% below its estimated GF Value™ of MXN4,934.18. GuruFocus considers Atlassian to be Significantly Undervalued.

Key valuation signals for MEX:TEAM:

  • Cyclically Adjusted Book per Share: MXN65.10
  • GF Value™: MXN4,934.18 vs. price of MXN2,862.00 (42% below fair value)
  • GF Score™: 76/100 with 3 warning signs

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


Atlassian Business Description

Address 350 Bush Street, Floor 13, San Francisco, CA, USA, 94104
Atlassian produces software that helps teams work together more efficiently and effectively. The company provides project planning and management software, collaboration tools, and IT help desk solutions. The company operates in four segments: subscriptions (term licenses and cloud agreements), maintenance (annual maintenance contracts that provide support and periodic updates and are generally attached to perpetual license sales), perpetual license (upfront sale for indefinite usage of the software), and other (training, strategic consulting, and revenue from the Atlassian Marketplace app store). Atlassian was founded in 2002 and is headquartered in Sydney.
76GF Score

Get the complete analysis for MEX:TEAM

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

MXN2,862.00
Price
MXN4,934.18
GF Value