Columbia Sportswear Co (MEX:COLM) Cyclically Adjusted PB Ratio: (As of Aug. 01, 2026)

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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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:COLM Columbia Sportswear Co MEX:COLM
82 GF Score
Price MXN1,695.00
GF Value MXN2,308.03
! 7 Warning Signs
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What is Columbia Sportswear Co Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Columbia Sportswear Co  (MEX:COLM) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


Columbia Sportswear Co Cyclically Adjusted PB Ratio Related Terms


Columbia Sportswear Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Columbia Sportswear Co's Cyclically Adjusted PB Ratio 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.

Columbia Sportswear Co Cyclically Adjusted PB Ratio Chart

Columbia Sportswear Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.93 3.21 2.74 2.75 1.73

Columbia Sportswear Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Cyclically Adjusted PB Ratio 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 1.94 1.65 1.73 1.69 0.00

MEX:COLM vs UAA, PVH, ZGN: Cyclically Adjusted PB Ratio Comparison

For the Apparel Manufacturing subindustry, Columbia Sportswear Co'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.


Columbia Sportswear Co Cyclically Adjusted PB Ratio vs Manufacturing - Apparel & Accessories Industry

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

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


MEX:COLM
82GF Score
Columbia Sportswear Co MEX:COLM
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Columbia Sportswear Co Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

Columbia Sportswear Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Columbia Sportswear Co'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)
=545.146/333.9520*333.9520
=545.146

Current CPI (Jun. 2026) = 333.9520.

Columbia Sportswear Co Quarterly Data

Book Value per Share CPI Adj_Book
201609 415.471 241.428 574.695
201612 460.542 241.432 637.028
201703 424.060 243.801 580.866
201706 401.230 244.955 547.005
201709 423.234 246.819 572.646
201712 455.094 246.524 616.490
201803 429.236 249.554 574.402
201806 460.551 251.989 610.352
201809 449.699 252.439 594.908
201812 481.584 251.233 640.147
201903 488.356 254.202 641.566
201906 470.430 256.143 613.333
201909 510.514 256.759 663.997
201912 516.283 256.974 670.938
202003 601.695 258.115 778.480
202006 576.749 257.797 747.125
202009 574.818 260.280 737.520
202012 550.285 260.474 705.517
202103 574.813 264.877 724.714
202106 560.231 271.696 688.601
202109 590.267 274.310 718.606
202112 626.228 278.802 750.103
202203 575.334 287.504 668.283
202206 561.091 296.311 632.368
202209 587.791 296.808 661.350
202212 607.350 296.797 683.382
202303 565.578 301.836 625.757
202306 523.794 305.109 573.310
202309 545.455 307.789 591.820
202312 548.477 306.746 597.123
202403 532.840 312.332 569.724
202406 568.750 314.175 604.552
202409 614.657 315.301 651.016
202412 660.040 315.605 698.410
202503 634.029 319.799 662.089
202506 568.590 322.561 588.669
202509 561.908 324.800 577.741
202512 575.611 324.054 593.193
202603 557.814 330.213 564.130
202606 545.146 333.952 545.146

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

Is Columbia Sportswear Co (MEX:COLM) Overvalued in 2026?

Based on GuruFocus' analysis, Columbia Sportswear Co stock appears to be undervalued. The current stock price of MXN1,695.00 is trading 26.6% below its estimated GF Value™ of MXN2,308.03.

Key valuation signals for MEX:COLM:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: MXN2,308.03 vs. price of MXN1,695.00 (26.6% below fair value)
  • GF Score™: 82/100 with 7 warning signs

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


Columbia Sportswear Co Business Description

Other Exchanges COLM:USA
Address 14375 Northwest Science Park Drive, Portland, OR, USA, 97229
Columbia Sportswear Co makes outdoor and active-lifestyle apparel, footwear, equipment, and accessories that it sells under four primary brands: Columbia, Sorel, Mountain Hardwear, and prAna. The majority of sales are in the United States, but the company also has remarkable sales in its three other geographic segments: Latin American and Asia-Pacific; Europe, Middle East, and Africa; and Canada. The majority of sales are through wholesale channels, including sporting goods and department stores, but the company also operates its own branded stores in each of its geographic segments. It sources products from around the world and uses contract manufacturers outside the United States, predominantly in Asia to manufacture its various products.
82GF Score

Get the complete analysis for MEX:COLM

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

MXN1,695.00
Price
MXN2,308.03
GF Value