subestimarse
reflexive verb
1. (to underappreciate oneself) 
No te subestimes, Julián, porque eres muy buen dibujante.Don't underrate yourself, Julian, because you're a very good draftsman.
subestimar
transitive verb
2. (to undervalue) 
No subestimes mi capacidad de negociación porque se me da mejor de lo que crees.Don't underestimate my negotiating skills, because I am better at it than you think.
Me equivoqué al subestimar a mi adversario y por eso perdí el partido.I made the mistake of underrating my opponent which is why I lost the match.
subestimar
transitive verb
1. (general) 
a. to underestimate 
2. (infravalorar) 
a. to underrate 
pronominal verb
3. (general) 
a. to underrate oneself 
subestimar
transitive verb
[+capacidad, enemigo] to underestimate; underrate; [+objeto, propiedad] to undervalue; [+argumento] to understate; [+persona, artista] to undervalue; underrate;
pronominal verb
subestimarse to underrate o.s.; undervalue o.s.
no te subestimes don't run yourself down; don't underrate o undervalue yourself
Examples
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