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Coca-Cola Co (BUE:KO) Cyclically Adjusted Book per Share : ARS1,395.06 (As of Mar. 2024)


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What is Coca-Cola Co 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.

Coca-Cola Co's adjusted book value per share for the three months ended in Mar. 2024 was ARS25,843.121. 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 ARS1,395.06 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Coca-Cola Co's average Cyclically Adjusted Book Growth Rate was -2.10% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -0.20% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -0.60% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 1.00% 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 Coca-Cola Co was 12.60% per year. The lowest was -1.10% per year. And the median was 10.30% per year.

As of today (2024-05-27), Coca-Cola Co's current stock price is ARS15311.00. Coca-Cola Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ARS1,395.06. Coca-Cola Co's Cyclically Adjusted PB Ratio of today is 10.98.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Coca-Cola Co was 9.87. The lowest was 5.76. And the median was 7.22.


Coca-Cola Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Coca-Cola Co'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.

Coca-Cola Co Cyclically Adjusted Book per Share Chart

Coca-Cola Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 97.80 185.24 263.38 450.12 1,249.52

Coca-Cola Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 535.82 672.82 1,075.86 1,249.52 1,395.06

Competitive Comparison of Coca-Cola Co's Cyclically Adjusted Book per Share

For the Beverages - Non-Alcoholic subindustry, Coca-Cola 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.


Coca-Cola Co's Cyclically Adjusted PB Ratio Distribution in the Beverages - Non-Alcoholic Industry

For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, Coca-Cola Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Coca-Cola Co's Cyclically Adjusted PB Ratio falls into.



Coca-Cola Co 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, Coca-Cola Co's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book= Book Value per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=25843.121/131.7762*131.7762
=25,843.121

Current CPI (Mar. 2024) = 131.7762.

Coca-Cola Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 315.652 100.560 413.640
201409 321.644 100.428 422.045
201412 296.915 99.070 394.937
201503 291.667 99.621 385.810
201506 296.873 100.684 388.551
201509 282.037 100.392 370.208
201512 382.453 99.792 505.030
201603 419.949 100.470 550.802
201606 431.493 101.688 559.166
201609 450.926 101.861 583.357
201612 426.295 101.863 551.483
201703 412.683 102.862 528.686
201706 424.968 103.349 541.859
201709 454.719 104.136 575.415
201712 382.707 104.011 484.868
201803 463.867 105.290 580.558
201806 537.239 106.317 665.890
201809 789.588 106.507 976.924
201812 750.058 105.998 932.469
201903 812.162 107.251 997.885
201906 950.069 108.070 1,158.481
201909 1,221.456 108.329 1,485.828
201912 1,325.383 108.420 1,610.900
202003 1,312.360 108.902 1,588.020
202006 1,393.428 108.767 1,688.197
202009 1,607.381 109.815 1,928.833
202012 1,825.320 109.897 2,188.724
202103 2,126.628 111.754 2,507.632
202106 2,442.234 114.631 2,807.506
202109 2,510.607 115.734 2,858.602
202112 2,685.086 117.630 3,008.008
202203 3,079.726 121.301 3,345.682
202206 3,199.482 125.017 3,372.471
202209 3,664.147 125.227 3,855.792
202212 4,668.673 125.222 4,913.042
202303 5,759.096 127.348 5,959.363
202306 7,219.149 128.729 7,390.054
202309 10,652.676 129.860 10,809.907
202312 10,868.966 129.419 11,066.896
202403 25,843.121 131.776 25,843.121

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


Coca-Cola Co  (BUE:KO) 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.

Coca-Cola Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=15311.00/1395.06
=10.98

* 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 Coca-Cola Co was 9.87. The lowest was 5.76. And the median was 7.22.


Be Aware

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


Coca-Cola Co Cyclically Adjusted Book per Share Related Terms

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


Coca-Cola Co (BUE:KO) Business Description

Address
One Coca-Cola Plaza, Atlanta, GA, USA, 30313
Founded in 1886, Atlanta-headquartered Coca-Cola is the world's largest nonalcoholic beverage company, with a strong portfolio of 200 brands covering key categories including carbonated soft drinks, water, sports, energy, juice, and coffee. Together with bottlers and distribution partners, the company sells finished beverage products bearing Coca-Cola and licensed brands through retailers and food-service locations in more than 200 countries and regions globally. Coca-Cola generates around two thirds of its total revenues overseas, with a significant portion from emerging economies in Latin America and Asia-Pacific.

Coca-Cola Co (BUE:KO) Headlines