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UA (Under Armour) Cyclically Adjusted Book per Share : $4.50 (As of Dec. 2024)


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What is Under Armour 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.

Under Armour's adjusted book value per share for the three months ended in Dec. 2024 was $4.618. 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 $4.50 for the trailing ten years ended in Dec. 2024.

During the past 12 months, Under Armour's average Cyclically Adjusted Book Growth Rate was 3.70% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 6.00% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 7.80% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 13.00% 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 Under Armour was 22.70% per year. The lowest was 6.00% per year. And the median was 12.05% per year.

As of today (2025-05-11), Under Armour's current stock price is $5.58. Under Armour's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2024 was $4.50. Under Armour's Cyclically Adjusted PB Ratio of today is 1.24.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Under Armour was 32.61. The lowest was 1.04. And the median was 5.74.


Under Armour Cyclically Adjusted Book per Share Historical Data

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.

* Premium members only.

Under Armour Cyclically Adjusted Book per Share Chart

Under Armour Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Mar22 Mar23 Mar24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.16 3.52 - 4.18 4.77

Under Armour Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 4.58 4.77 4.87 4.69 4.50

Competitive Comparison of Under Armour's Cyclically Adjusted Book per Share

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's Cyclically Adjusted PB Ratio Distribution in the 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.


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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 Dec. 2024 was:

Adj_Book= Book Value per Share /CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=4.618/133.1571*133.1571
=4.618

Current CPI (Dec. 2024) = 133.1571.

Under Armour Quarterly Data

Book Value per Share CPI Adj_Book
201503 3.506 99.621 4.686
201506 3.578 100.684 4.732
201509 3.878 100.392 5.144
201512 4.194 99.792 5.596
201603 2.809 100.470 3.723
201606 4.051 101.688 5.305
201609 4.389 101.861 5.737
201612 4.632 101.863 6.055
201703 4.588 102.862 5.939
201706 4.590 103.349 5.914
201709 4.757 104.136 6.083
201712 4.566 104.011 5.845
201803 4.544 105.290 5.747
201806 4.325 106.317 5.417
201809 4.474 106.507 5.593
201812 4.496 105.998 5.648
201903 4.546 107.251 5.644
201906 4.539 108.070 5.593
201909 4.770 108.329 5.863
201912 4.759 108.420 5.845
202003 3.414 108.902 4.174
202006 3.133 108.767 3.836
202009 3.234 109.815 3.921
202012 3.683 109.897 4.463
202103 3.873 111.754 4.615
202106 3.944 114.631 4.581
202109 4.154 115.734 4.779
202112 4.386 117.630 4.965
202203 3.746 121.301 4.112
202206 3.799 125.017 4.046
202209 4.017 125.227 4.271
202212 4.121 125.222 4.382
202303 4.423 127.348 4.625
202306 4.504 128.729 4.659
202309 4.773 129.860 4.894
202312 4.993 129.419 5.137
202403 4.939 131.776 4.991
202406 4.205 132.554 4.224
202409 4.592 133.029 4.596
202412 4.618 133.157 4.618

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


Under Armour  (NYSE:UA) 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
=5.58/4.50
=1.24

* 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 32.61. The lowest was 1.04. And the median was 5.74.


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

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


Under Armour Business Description

Address
1020 Hull Street, Baltimore, MD, USA, 21230
Under Armour develops, markets, and distributes athletic apparel, footwear, and accessories in North America, Asia-Pacific, Europe, and elsewhere. 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 direct-to-consumer, including e-commerce and more than 400 combined factory house and brand house stores, and wholesale channels. The Baltimore-based company was founded in 1996 and is led by controlling shareholder Kevin Plank.