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Coca-Cola FemsaB de CV (BUE:KOF) Cyclically Adjusted PB Ratio : 2.55 (As of May. 17, 2024)


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What is Coca-Cola FemsaB de CV Cyclically Adjusted PB Ratio?

As of today (2024-05-17), Coca-Cola FemsaB de CV's current share price is ARS53915.50. Coca-Cola FemsaB de CV's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ARS21,124.00. Coca-Cola FemsaB de CV's Cyclically Adjusted PB Ratio for today is 2.55.

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

BUE:KOF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.03   Med: 1.73   Max: 5.68
Current: 2.65

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

BUE:KOF's Cyclically Adjusted PB Ratio is ranked worse than
54.43% of 79 companies
in the Beverages - Non-Alcoholic industry
Industry Median: 2.38 vs BUE:KOF: 2.65

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 adjusted book value per share data for the three months ended in Mar. 2024 was ARS57,610.578. 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 ARS21,124.00 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Coca-Cola FemsaB de CV Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Coca-Cola FemsaB de CV'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 FemsaB de CV Cyclically Adjusted PB Ratio Chart

Coca-Cola FemsaB de CV 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 1.53 1.09 1.35 1.73 2.39

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 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 - 2.09 1.93 2.39 2.49

Competitive Comparison of Coca-Cola FemsaB de CV's Cyclically Adjusted PB Ratio

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 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 FemsaB de CV's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=53915.50/21124
=2.55

* 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 FemsaB de CV's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

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)
=57610.578/152.9470*152.9470
=57,610.578

Current CPI (Mar. 2024) = 152.9470.

Coca-Cola FemsaB de CV Quarterly Data

Book Value per Share CPI Adj_Book
201406 662.518 96.609 1,048.870
201409 672.544 97.652 1,053.370
201412 591.313 99.469 909.225
201503 536.048 99.973 820.092
201506 561.681 99.382 864.414
201509 536.981 100.112 820.381
201512 760.729 101.588 1,145.321
201603 831.828 102.573 1,240.341
201606 796.733 101.905 1,195.804
201609 848.122 103.084 1,258.370
201612 906.081 105.002 1,319.807
201703 903.967 108.063 1,279.425
201706 972.484 108.339 1,372.905
201709 1,094.772 109.628 1,527.373
201712 1,134.506 112.114 1,547.707
201803 1,186.857 113.505 1,599.282
201806 1,399.008 113.373 1,887.349
201809 2,157.438 115.130 2,866.089
201812 2,284.128 117.530 2,972.450
201903 2,276.676 118.050 2,949.694
201906 2,706.947 117.848 3,513.171
201909 3,318.280 118.581 4,279.937
201912 3,709.170 120.854 4,694.151
202003 3,057.166 121.885 3,836.265
202006 3,389.809 121.777 4,257.467
202009 3,800.457 123.341 4,712.695
202012 4,551.915 124.661 5,584.764
202103 4,549.008 127.574 5,453.775
202106 5,139.968 128.936 6,097.168
202109 5,288.940 130.742 6,187.224
202112 5,696.656 133.830 6,510.402
202203 5,973.895 137.082 6,665.256
202206 6,688.363 139.233 7,347.150
202209 7,921.371 142.116 8,525.090
202212 10,264.567 144.291 10,880.307
202303 0.000 146.472 0.000
202306 15,622.267 146.272 16,335.187
202309 23,759.750 148.446 24,480.115
202312 25,718.337 151.017 26,047.070
202403 57,610.578 152.947 57,610.578

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 FemsaB de CV  (BUE:KOF) 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 FemsaB de CV Cyclically Adjusted PB Ratio Related Terms

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Coca-Cola FemsaB de CV (BUE:KOF) Business Description

Traded in Other Exchanges
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.