GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Molson Coors Beverage Co (FRA:NY70) » Definitions » Cyclically Adjusted PB Ratio

Molson Coors Beverage Co (FRA:NY70) Cyclically Adjusted PB Ratio : 0.95 (As of May. 24, 2024)


View and export this data going back to 2021. Start your Free Trial

What is Molson Coors Beverage Co Cyclically Adjusted PB Ratio?

As of today (2024-05-24), Molson Coors Beverage Co's current share price is €54.50. Molson Coors Beverage Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €57.11. Molson Coors Beverage Co's Cyclically Adjusted PB Ratio for today is 0.95.

The historical rank and industry rank for Molson Coors Beverage Co's Cyclically Adjusted PB Ratio or its related term are showing as below:

FRA:NY70' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.61   Med: 1.26   Max: 2.51
Current: 0.8

During the past years, Molson Coors Beverage Co's highest Cyclically Adjusted PB Ratio was 2.51. The lowest was 0.61. And the median was 1.26.

FRA:NY70's Cyclically Adjusted PB Ratio is ranked better than
75.46% of 163 companies
in the Beverages - Alcoholic industry
Industry Median: 1.99 vs FRA:NY70: 0.80

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 Beverage Co's adjusted book value per share data for the three months ended in Mar. 2024 was €56.908. 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 €57.11 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Molson Coors Beverage Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Molson Coors Beverage 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.

Molson Coors Beverage Co Cyclically Adjusted PB Ratio Chart

Molson Coors Beverage 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 1.03 0.83 0.79 0.81 0.93

Molson Coors Beverage 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 0.80 1.01 0.97 0.93 1.01

Competitive Comparison of Molson Coors Beverage Co's Cyclically Adjusted PB Ratio

For the Beverages - Brewers subindustry, Molson Coors Beverage 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.


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

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

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



Molson Coors Beverage 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.

Molson Coors Beverage Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=54.50/57.11
=0.95

* 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.

Molson Coors Beverage Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Molson Coors Beverage 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)
=56.908/131.7762*131.7762
=56.908

Current CPI (Mar. 2024) = 131.7762.

Molson Coors Beverage Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 35.654 100.560 46.722
201409 35.150 100.428 46.122
201412 34.378 99.070 45.727
201503 36.033 99.621 47.664
201506 36.499 100.684 47.770
201509 34.900 100.392 45.811
201512 35.043 99.792 46.274
201603 41.403 100.470 54.304
201606 40.822 101.688 52.901
201609 41.127 101.861 53.205
201612 50.372 101.863 65.164
201703 50.369 102.862 64.527
201706 50.002 103.349 63.756
201709 48.643 104.136 61.554
201712 50.913 104.011 64.504
201803 50.542 105.290 63.256
201806 53.853 106.317 66.749
201809 55.058 106.507 68.121
201812 54.961 105.998 68.327
201903 53.466 107.251 65.692
201906 56.870 108.070 69.345
201909 55.254 108.329 67.213
201912 55.834 108.420 67.862
202003 53.029 108.902 64.168
202006 53.305 108.767 64.581
202009 52.941 109.815 63.528
202012 46.908 109.897 56.247
202103 48.719 111.754 57.447
202106 49.688 114.631 57.120
202109 52.025 115.734 59.236
202112 54.720 117.630 61.301
202203 56.622 121.301 61.512
202206 58.379 125.017 61.535
202209 61.441 125.227 64.655
202212 55.382 125.222 58.281
202303 54.824 127.348 56.730
202306 55.631 128.729 56.948
202309 57.514 129.860 58.363
202312 56.731 129.419 57.764
202403 56.908 131.776 56.908

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.


Molson Coors Beverage Co  (FRA:NY70) 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.


Molson Coors Beverage Co Cyclically Adjusted PB Ratio Related Terms

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


Molson Coors Beverage Co (FRA:NY70) Business Description

Traded in Other Exchanges
Address
NH353, P.O. Box 4030, Golden, CO, USA, 80401
Molson Coors owns well-known beer brands including Miller, Coors, Blue Moon, and Carling, and ranks as the second largest beer maker in both value and volume terms in the U.S., Canada, and the United Kingdom. Through licensing agreements, it also brews and distributes beer and hard seltzer under partner brands from Heineken, Anheuser-Busch InBev, Asahi, and Coca-Cola. The company uses independent distributors in the U.S. given the three-tier distribution requirements, while using a combination of distributors and an in-house sales team in Canada and Europe. North America remains its largest market contributing over 80% of total revenue.

Molson Coors Beverage Co (FRA:NY70) Headlines

No Headlines