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Under Armour (WBO:UAC) Cyclically Adjusted Book per Share : €4.22 (As of Dec. 2023)


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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. 2023 was €4.578. 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 €4.22 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Under Armour's average Cyclically Adjusted Book Growth Rate was 6.20% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 8.40% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 9.20% 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 21.90% per year. The lowest was 8.10% per year. And the median was 12.40% per year.

As of today (2024-04-30), Under Armour's current stock price is €6.164. Under Armour's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was €4.22. Under Armour's Cyclically Adjusted PB Ratio of today is 1.46.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Under Armour was 32.62. The lowest was 1.36. And the median was 6.39.


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 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Mar22 Mar23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.71 2.54 3.11 - 3.85

Under Armour Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 3.68 3.85 3.98 4.26 4.22

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.



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. 2023 was:

Adj_Book= Book Value per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=4.578/129.4194*129.4194
=4.578

Current CPI (Dec. 2023) = 129.4194.

Under Armour Quarterly Data

Book Value per Share CPI Adj_Book
201403 2.072 99.695 2.690
201406 2.165 100.560 2.786
201409 2.497 100.428 3.218
201412 2.799 99.070 3.656
201503 3.239 99.621 4.208
201506 3.188 100.684 4.098
201509 3.455 100.392 4.454
201512 3.850 99.792 4.993
201603 2.523 100.470 3.250
201606 3.605 101.688 4.588
201609 3.911 101.861 4.969
201612 4.391 101.863 5.579
201703 4.290 102.862 5.398
201706 4.085 103.349 5.115
201709 3.991 104.136 4.960
201712 3.858 104.011 4.800
201803 3.685 105.290 4.530
201806 3.702 106.317 4.506
201809 3.834 106.507 4.659
201812 3.952 105.998 4.825
201903 4.023 107.251 4.855
201906 4.017 108.070 4.811
201909 4.331 108.329 5.174
201912 4.283 108.420 5.113
202003 3.090 108.902 3.672
202006 2.783 108.767 3.311
202009 2.746 109.815 3.236
202012 3.028 109.897 3.566
202103 3.254 111.754 3.768
202106 3.274 114.631 3.696
202109 3.531 115.734 3.949
202112 3.882 117.630 4.271
202203 3.401 121.301 3.629
202206 3.594 125.017 3.721
202209 4.057 125.227 4.193
202212 3.890 125.222 4.020
202303 4.199 127.348 4.267
202306 4.158 128.729 4.180
202309 4.472 129.860 4.457
202312 4.578 129.419 4.578

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


Under Armour  (WBO:UAC) 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
=6.164/4.22
=1.46

* 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 32.62. The lowest was 1.36. And the median was 6.39.


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 (WBO:UAC) 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 other regions. 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. Under Armour also operates a digital fitness app called MapMyFitness. The Baltimore-based company was founded in 1996.

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