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Coca-Cola Co (BSP:COCA34) Cyclically Adjusted PB Ratio : 10.00 (As of May. 22, 2024)


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What is Coca-Cola Co Cyclically Adjusted PB Ratio?

As of today (2024-05-22), Coca-Cola Co's current share price is R$53.59. Coca-Cola Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was R$5.36. Coca-Cola Co's Cyclically Adjusted PB Ratio for today is 10.00.

The historical rank and industry rank for Coca-Cola Co's Cyclically Adjusted PB Ratio or its related term are showing as below:

BSP:COCA34' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 5.76   Med: 7.22   Max: 9.87
Current: 9.75

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

BSP:COCA34's Cyclically Adjusted PB Ratio is ranked worse than
87.34% of 79 companies
in the Beverages - Non-Alcoholic industry
Industry Median: 2.39 vs BSP:COCA34: 9.75

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 adjusted book value per share data for the three months ended in Mar. 2024 was R$5.092. 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 R$5.36 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Coca-Cola Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Coca-Cola Co's Cyclically Adjusted PB Ratio 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 PB Ratio Chart

Coca-Cola Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.33 8.49 9.06 9.68 9.17

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 PB Ratio 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 9.41 9.16 8.55 9.17 9.49

Competitive Comparison of Coca-Cola Co's Cyclically Adjusted PB Ratio

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 PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=53.59/5.36
=10.00

* 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.

Coca-Cola Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

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)
=5.092/131.7762*131.7762
=5.092

Current CPI (Mar. 2024) = 131.7762.

Coca-Cola Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 2.896 100.560 3.795
201409 2.977 100.428 3.906
201412 3.058 99.070 4.068
201503 3.463 99.621 4.581
201506 3.389 100.684 4.436
201509 3.903 100.392 5.123
201512 3.822 99.792 5.047
201603 3.545 100.470 4.650
201606 3.522 101.688 4.564
201609 3.278 101.861 4.241
201612 3.006 101.863 3.889
201703 2.791 102.862 3.576
201706 2.831 103.349 3.610
201709 2.710 104.136 3.429
201712 2.201 104.011 2.789
201803 2.516 105.290 3.149
201806 2.708 106.317 3.356
201809 2.939 106.507 3.636
201812 2.575 105.998 3.201
201903 2.660 107.251 3.268
201906 2.733 108.070 3.333
201909 2.999 108.329 3.648
201912 3.034 108.420 3.688
202003 3.444 108.902 4.167
202006 3.520 108.767 4.265
202009 3.897 109.815 4.676
202012 3.846 109.897 4.612
202103 4.434 111.754 5.228
202106 4.321 114.631 4.967
202109 4.518 115.734 5.144
202112 5.012 117.630 5.615
202203 4.758 121.301 5.169
202206 4.474 125.017 4.716
202209 4.609 125.227 4.850
202212 4.869 125.222 5.124
202303 5.061 127.348 5.237
202306 4.867 128.729 4.982
202309 5.011 129.860 5.085
202312 4.917 129.419 5.007
202403 5.092 131.776 5.092

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


Coca-Cola Co  (BSP:COCA34) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


Coca-Cola Co Cyclically Adjusted PB Ratio Related Terms

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


Coca-Cola Co (BSP:COCA34) 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 (BSP:COCA34) Headlines

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