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Coca-Cola Consolidated (FRA:CC5) Cyclically Adjusted Book per Share : €60.55 (As of Mar. 2024)


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What is Coca-Cola Consolidated 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 Consolidated's adjusted book value per share for the three months ended in Mar. 2024 was €157.152. 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 €60.55 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Coca-Cola Consolidated's average Cyclically Adjusted Book Growth Rate was 30.10% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 28.00% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 21.70% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 15.70% 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 Consolidated was 28.00% per year. The lowest was -25.20% per year. And the median was 11.70% per year.

As of today (2024-06-10), Coca-Cola Consolidated's current stock price is €930.00. Coca-Cola Consolidated's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €60.55. Coca-Cola Consolidated's Cyclically Adjusted PB Ratio of today is 15.36.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Coca-Cola Consolidated was 17.31. The lowest was 4.72. And the median was 10.17.


Coca-Cola Consolidated Cyclically Adjusted Book per Share Historical Data

The historical data trend for Coca-Cola Consolidated'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 Consolidated Cyclically Adjusted Book per Share Chart

Coca-Cola Consolidated 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 24.06 23.34 31.86 44.41 55.58

Coca-Cola Consolidated 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 45.97 51.00 56.06 55.58 60.55

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

For the Beverages - Non-Alcoholic subindustry, Coca-Cola Consolidated'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 Consolidated's Cyclically Adjusted PB Ratio Distribution in the Beverages - Non-Alcoholic Industry

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

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



Coca-Cola Consolidated 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 Consolidated'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)
=157.152/131.7762*131.7762
=157.152

Current CPI (Mar. 2024) = 131.7762.

Coca-Cola Consolidated Quarterly Data

Book Value per Share CPI Adj_Book
201406 16.323 100.560 21.390
201409 18.064 100.428 23.703
201412 16.061 99.070 21.363
201503 18.511 99.621 24.486
201506 20.250 100.684 26.503
201509 22.518 100.392 29.558
201512 24.012 99.792 31.708
201603 22.633 100.470 29.685
201606 23.734 101.688 30.757
201609 25.781 101.861 33.353
201612 28.210 101.863 36.494
201703 27.433 102.862 35.144
201706 26.539 103.349 33.839
201709 26.405 104.136 33.414
201712 33.197 104.011 42.059
201803 30.756 105.290 38.493
201806 31.955 106.317 39.607
201809 34.150 106.507 42.252
201812 33.657 105.998 41.842
201903 33.457 107.251 41.108
201906 34.743 108.070 42.364
201909 36.698 108.329 44.641
201912 33.312 108.420 40.488
202003 34.682 108.902 41.967
202006 37.649 108.767 45.613
202009 40.598 109.815 48.717
202012 44.985 109.897 53.941
202103 50.662 111.754 59.739
202106 54.234 114.631 62.345
202109 61.675 115.734 70.224
202112 67.202 117.630 75.284
202203 77.847 121.301 84.570
202206 90.998 125.017 95.918
202209 109.786 125.227 115.528
202212 112.328 125.222 118.208
202303 122.982 127.348 127.259
202306 135.856 128.729 139.072
202309 152.373 129.860 154.622
202312 140.440 129.419 142.997
202403 157.152 131.776 157.152

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


Coca-Cola Consolidated  (FRA:CC5) 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 Consolidated's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=930.00/60.55
=15.36

* 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 Consolidated was 17.31. The lowest was 4.72. And the median was 10.17.


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 Consolidated Cyclically Adjusted Book per Share Related Terms

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


Coca-Cola Consolidated (FRA:CC5) Business Description

Traded in Other Exchanges
Address
4100 Coca-Cola Plaza, Charlotte, NC, USA, 28211
Coca-Cola Consolidated Inc sells nonalcoholic beverage products in the United States. The company purchases concentrate and syrups from other beverage manufacturers under a license, then produces, packages, markets, and distributes the beverages to retailers. The company's primary licensor is Coca-Cola Co., which generally allows it to exclusively market, produce, and distribute Coca-Cola products in specified parts of the U.S.: North Carolina, South Carolina, West Virginia, and parts of Alabama, Georgia, Tennessee, Virginia, Indiana, and Kentucky. The company manages its business in two operating segments. Nonalcoholic Beverages segment which represents the majority of the company's revenues and All Other segments.

Coca-Cola Consolidated (FRA:CC5) Headlines

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