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Coca-Cola FemsaB de CV (STU:CFSL) Cyclically Adjusted Book per Share : €35.75 (As of Mar. 2024)


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What is Coca-Cola FemsaB de CV 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 FemsaB de CV's adjusted book value per share for the three months ended in Mar. 2024 was €31.455. 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 €35.75 for the trailing ten years ended in Mar. 2024.

During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -0.10% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 0.20% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 2.50% 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 FemsaB de CV was 18.80% per year. The lowest was -0.10% per year. And the median was 8.05% per year.

As of today (2024-05-20), Coca-Cola FemsaB de CV's current stock price is €89.50. Coca-Cola FemsaB de CV's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €35.75. Coca-Cola FemsaB de CV's Cyclically Adjusted PB Ratio of today is 2.50.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Coca-Cola FemsaB de CV was 5.68. The lowest was 0.03. And the median was 1.73.


Coca-Cola FemsaB de CV Cyclically Adjusted Book per Share Historical Data

The historical data trend for Coca-Cola FemsaB de CV'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 FemsaB de CV Cyclically Adjusted Book per Share Chart

Coca-Cola FemsaB de CV 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 34.78 33.54 34.28 37.00 35.08

Coca-Cola FemsaB de CV 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 - 36.39 37.95 35.08 35.75

Competitive Comparison of Coca-Cola FemsaB de CV's Cyclically Adjusted Book per Share

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

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

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



Coca-Cola FemsaB de CV 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 FemsaB de CV'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)
=31.455/152.9470*152.9470
=31.455

Current CPI (Mar. 2024) = 152.9470.

Coca-Cola FemsaB de CV Quarterly Data

Book Value per Share CPI Adj_Book
201406 30.007 96.609 47.506
201409 30.995 97.652 48.546
201412 28.041 99.469 43.117
201503 28.080 99.973 42.959
201506 27.539 99.382 42.382
201509 25.443 100.112 38.871
201512 26.978 101.588 40.617
201603 25.575 102.573 38.135
201606 25.361 101.905 38.064
201609 25.330 103.084 37.582
201612 27.092 105.002 39.462
201703 27.412 108.063 38.797
201706 26.247 108.339 37.054
201709 26.208 109.628 36.564
201712 25.102 112.114 34.244
201803 23.886 113.505 32.186
201806 24.009 113.373 32.390
201809 25.122 115.130 33.374
201812 26.625 117.530 34.648
201903 25.772 118.050 33.391
201906 26.810 117.848 34.795
201909 26.937 118.581 34.744
201912 27.924 120.854 35.339
202003 22.288 121.885 27.968
202006 21.985 121.777 27.612
202009 21.731 123.341 26.947
202012 22.989 124.661 28.205
202103 21.210 127.574 25.429
202106 22.518 128.936 26.711
202109 22.988 130.742 26.892
202112 24.961 133.830 28.527
202203 25.259 137.082 28.182
202206 26.291 139.233 28.881
202209 28.790 142.116 30.984
202212 28.899 144.291 30.633
202303 0.000 146.472 0.000
202306 30.040 146.272 31.411
202309 31.809 148.446 32.773
202312 32.665 151.017 33.083
202403 31.455 152.947 31.455

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


Coca-Cola FemsaB de CV  (STU:CFSL) 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 FemsaB de CV's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=89.50/35.75
=2.50

* 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 FemsaB de CV was 5.68. The lowest was 0.03. And the median was 1.73.


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 FemsaB de CV Cyclically Adjusted Book per Share Related Terms

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


Coca-Cola FemsaB de CV (STU:CFSL) Business Description

Address
Calle Mario Pani Number 100, Santa Fe Cuajimalpa, Cuajimalpa de Morelos, Ciudad de Mexico, DF, MEX, 05348
Coca-Cola Femsa, a subsidiary of Femsa, is the largest franchise bottler of wide-moat Coca-Cola in unit case volume terms. The company purchases beverage concentrates and syrup from Coca-Cola, which it then processes and packages for distribution through on-trade and off-trade channels, including retailers and food-service providers. Mexico and Brazil make up 80% of total sales for Coca-Cola Femsa, with the rest from other Central and South American countries, including Panama, Guatemala, Uruguay, and Argentina. Parent Femsa and Coca-Cola hold 47% and 28% of economic interests in Coca-Cola Femsa, through nonpublicly traded A and D shares, respectively, while controlling 56% and 33% of the respective voting rights.

Coca-Cola FemsaB de CV (STU:CFSL) Headlines

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