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Molson Coors Canada (FRA:65K) Cyclically Adjusted Book per Share : €57.99 (As of Mar. 2024)


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What is Molson Coors Canada 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.

Molson Coors Canada's adjusted book value per share for the three months ended in Mar. 2024 was €56.883. 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 €57.99 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Molson Coors Canada's average Cyclically Adjusted Book Growth Rate was 4.50% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 7.00% 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 Molson Coors Canada was 7.00% per year. The lowest was 6.50% per year. And the median was 6.75% per year.

As of today (2024-06-09), Molson Coors Canada's current stock price is €48.00. Molson Coors Canada's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €57.99. Molson Coors Canada's Cyclically Adjusted PB Ratio of today is 0.83.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Molson Coors Canada was 1.19. The lowest was 0.64. And the median was 0.91.


Molson Coors Canada Cyclically Adjusted Book per Share Historical Data

The historical data trend for Molson Coors Canada'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.

Molson Coors Canada Cyclically Adjusted Book per Share Chart

Molson Coors Canada 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 - - 50.24 55.01 57.23

Molson Coors Canada 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 54.77 56.68 58.37 57.23 57.99

Competitive Comparison of Molson Coors Canada's Cyclically Adjusted Book per Share

For the Beverages - Brewers subindustry, Molson Coors Canada'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.


Molson Coors Canada's Cyclically Adjusted PB Ratio Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Molson Coors Canada's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Molson Coors Canada's Cyclically Adjusted PB Ratio falls into.



Molson Coors Canada 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, Molson Coors Canada'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)
=56.883/126.2576*126.2576
=56.883

Current CPI (Mar. 2024) = 126.2576.

Molson Coors Canada Quarterly Data

Book Value per Share CPI Adj_Book
201406 40.392 99.473 51.268
201409 39.664 99.394 50.384
201412 38.649 98.367 49.607
201503 40.466 99.789 51.199
201506 36.499 100.500 45.853
201509 34.900 100.421 43.879
201512 35.043 99.947 44.268
201603 41.403 101.054 51.729
201606 40.822 102.002 50.529
201609 41.127 101.765 51.026
201612 50.372 101.449 62.690
201703 50.374 102.634 61.969
201706 49.998 103.029 61.271
201709 46.588 103.345 56.917
201712 50.913 103.345 62.201
201803 50.551 105.004 60.783
201806 53.853 105.557 64.414
201809 55.058 105.636 65.806
201812 54.942 105.399 65.815
201903 55.813 106.979 65.871
201906 56.870 107.690 66.675
201909 55.254 107.611 64.828
201912 55.837 107.769 65.416
202003 53.032 107.927 62.039
202006 53.308 108.401 62.089
202009 52.941 108.164 61.797
202012 46.904 108.559 54.551
202103 48.722 110.298 55.772
202106 49.688 111.720 56.154
202109 52.025 112.905 58.178
202112 54.720 113.774 60.724
202203 56.622 117.646 60.767
202206 0.000 120.806 0.000
202209 61.498 120.648 64.357
202212 55.382 120.964 57.806
202303 54.824 122.702 56.413
202306 55.631 124.203 56.551
202309 57.514 125.230 57.986
202312 56.731 125.072 57.269
202403 56.883 126.258 56.883

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


Molson Coors Canada  (FRA:65K) 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.

Molson Coors Canada's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=48.00/57.99
=0.83

* 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 Molson Coors Canada was 1.19. The lowest was 0.64. And the median was 0.91.


Be Aware

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


Molson Coors Canada Cyclically Adjusted Book per Share Related Terms

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


Molson Coors Canada (FRA:65K) Business Description

Traded in Other Exchanges
Address
33 Carlingview Drive, Toronto, ON, CAN, M9W 5E4
Molson Coors Canada Inc is a large global brewer and distributor of beer and other malt beverages. major brands include Coors Light, Miller Lite, Molson Canadian, Carling, Staropramen, Coors Banquet, Blue Moon, Vizzy, Leinenkugel, and Creemore. Its two segments are the Americas and EMEA&APAC segments. Americas segment operates in the U.S., Canada and various countries in the Caribbean, Latin and South America and EMEA&APAC segment operates in Bulgaria, Croatia, Czech Republic, Hungary, Montenegro, the Republic of Ireland, Romania, Serbia, the U.K., various other European countries, and certain countries within the Middle East, Africa and Asia Pacific. Its breweries are located across the U.S., Canada, and Europe, with the majority of the company's revenue generated in Americas.

Molson Coors Canada (FRA:65K) Headlines

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