Under Armour (MEX:UAA) Cyclically Adjusted Book per Share: MXN90.79 (As of Mar. 2026)


MEX:UAA Under Armour Inc MEX:UAA
47 GF Score
Price MXN115.20
GF Value MXN113.98
Valuation Fairly Valued
! 3 Warning Signs
View Full Analysis

What is Under Armour Cyclically Adjusted Book per Share?

Under Armour MEX:UAA 47 Cyclically Adjusted Book per Share is MXN90.79 as of Mar. 2026. GuruFocus rates MEX:UAA with a GF Score™ of 47/100 and a GF Value™ of MXN113.98 (Fairly Valued). 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.

Under Armour's adjusted book value per share for the three months ended in Mar. 2026 was MXN59.840. 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 MXN90.79 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Under Armour's average Cyclically Adjusted Book Growth Rate was 1.00% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 3.20% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 4.70% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 8.90% 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 Under Armour was 22.70% per year. The lowest was 3.20% per year. And the median was 10.05% per year.

As of today (2026-07-04), Under Armour's current stock price is MXN115.20. Under Armour's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was MXN90.79. Under Armour's Cyclically Adjusted PB Ratio of today is 1.27.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Under Armour was 22.17. The lowest was 0.84. And the median was 4.11.


Under Armour  (MEX:UAA) 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.

Under Armour's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=115.20/90.79
=1.27

* 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 Under Armour was 22.17. The lowest was 0.84. And the median was 4.11.


Be Aware

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


Under Armour Cyclically Adjusted Book per Share Related Terms


Under Armour Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Under Armour'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.

Under Armour Cyclically Adjusted Book per Share Chart

Under Armour Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Mar22 Mar23 Mar24 Mar25 Mar26
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 89.69 80.85 79.90 104.44 90.79

Under Armour 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 104.44 96.08 93.09 94.38 90.79

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

For the Apparel Manufacturing subindustry, Under Armour'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.


Under Armour Cyclically Adjusted PB Ratio vs Manufacturing - Apparel & Accessories Industry

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

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


MEX:UAA
47GF Score
Under Armour Inc MEX:UAA
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Under Armour 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, Under Armour'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)
=59.84/330.2130*330.2130
=59.840

Current CPI (Mar. 2026) = 330.2130.

Under Armour Quarterly Data

Book Value per Share CPI Adj_Book
201606 74.912 241.018 102.635
201609 84.868 241.428 116.078
201612 95.500 241.432 130.618
201703 86.391 243.801 117.011
201706 82.966 244.955 111.843
201709 86.324 246.819 115.491
201712 89.678 246.524 120.122
201803 82.554 249.554 109.236
201806 84.975 251.989 111.353
201809 83.691 252.439 109.475
201812 88.281 251.233 116.034
201903 88.180 254.202 114.547
201906 87.192 256.143 112.406
201909 94.163 256.759 121.101
201912 89.760 256.974 115.342
202003 80.054 258.115 102.415
202006 72.327 257.797 92.644
202009 71.440 260.280 90.635
202012 73.271 260.474 92.888
202103 79.177 264.877 98.707
202106 78.512 271.696 95.422
202109 85.418 274.310 102.826
202112 89.979 278.802 106.571
202203 74.579 287.504 85.658
202206 76.428 296.311 85.172
202209 80.804 296.808 89.898
202212 80.339 296.797 89.384
202303 79.729 301.836 87.225
202306 77.222 305.109 83.576
202309 83.133 307.789 89.190
202312 84.751 306.746 91.235
202403 81.971 312.332 86.664
202406 77.028 314.175 80.960
202409 90.415 315.301 94.691
202412 96.314 315.605 100.772
202503 90.780 319.799 93.736
202506 82.330 322.561 84.283
202509 80.335 324.800 81.674
202512 60.688 324.054 61.841
202603 59.840 330.213 59.840

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 MXN90.79 mean?
Under Armour (MEX:UAA) has a Cyclically Adjusted Book per Share of MXN90.79 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 Under Armour and its competitors.
Is Under Armour's Cyclically Adjusted Book per Share too high?
Under Armour's current Cyclically Adjusted Book per Share is MXN90.79. Overall, Under Armour has a GF Score™ of 47/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Under Armour's Cyclically Adjusted Book per Share compare to COLM and FIGS?
Under Armour's Cyclically Adjusted Book per Share of MXN90.79 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 Under Armour and its competitors. Under Armour's current Cyclically Adjusted Book per Share is MXN90.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Under Armour stock overvalued right now?
Based on GuruFocus' analysis, Under Armour (MEX:UAA) is currently considered Fairly Valued. The stock's GF Value™ is MXN113.98, compared to a current price of MXN115.20 — trading 1.1% above its estimated fair value. The current Cyclically Adjusted Book per Share is MXN90.79. Under Armour's overall GF Score™ is 47/100 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 Under Armour (MEX:UAA), the current Cyclically Adjusted Book per Share is MXN90.79 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 Under Armour (MEX:UAA) Overvalued in 2026?

Based on GuruFocus' analysis, Under Armour stock appears to be overvalued. The current stock price of MXN115.20 is trading 1.1% above its estimated GF Value™ of MXN113.98. GuruFocus considers Under Armour to be Fairly Valued.

Key valuation signals for MEX:UAA:

  • Cyclically Adjusted Book per Share: MXN90.79
  • GF Value™: MXN113.98 vs. price of MXN115.20 (1.1% above fair value)
  • GF Score™: 47/100 with 3 warning signs

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


Under Armour Business Description

Address 101 Performance Drive, Baltimore, MD, USA, 21230
Under Armour develops, markets, and distributes athletic apparel, footwear, and accessories in North America, Asia-Pacific, Europe, and Latin America. Consumers of its performance-based clothing and shoes include professional and amateur athletes, sponsored college and professional teams, and people with active lifestyles. The company sells merchandise through wholesale partners, company-owned digital channels, and approximately 440 company-owned outlet and full-price stores. The Baltimore-based firm was founded in 1996 and is led by controlling shareholder Kevin Plank.
47GF Score

Get the complete analysis for MEX:UAA

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

MXN115.20
Price
MXN113.98
GF Value