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Coca Cola Icecek AS (IST:CCOLA) Cyclically Adjusted PB Ratio : 18.29 (As of May. 20, 2024)


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What is Coca Cola Icecek AS Cyclically Adjusted PB Ratio?

As of today (2024-05-20), Coca Cola Icecek AS's current share price is ₺773.00. Coca Cola Icecek AS's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was ₺42.27. Coca Cola Icecek AS's Cyclically Adjusted PB Ratio for today is 18.29.

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

IST:CCOLA' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.06   Med: 4.47   Max: 18.29
Current: 18.29

During the past years, Coca Cola Icecek AS's highest Cyclically Adjusted PB Ratio was 18.29. The lowest was 2.06. And the median was 4.47.

IST:CCOLA's Cyclically Adjusted PB Ratio is ranked worse than
98.73% of 79 companies
in the Beverages - Non-Alcoholic industry
Industry Median: 2.4 vs IST:CCOLA: 18.29

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 Icecek AS's adjusted book value per share data for the three months ended in Dec. 2023 was ₺154.446. 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 ₺42.27 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Coca Cola Icecek AS Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Coca Cola Icecek AS'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 Icecek AS Cyclically Adjusted PB Ratio Chart

Coca Cola Icecek AS 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 2.76 3.97 4.21 6.71 12.43

Coca Cola Icecek AS Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 6.71 6.22 7.39 10.15 12.43

Competitive Comparison of Coca Cola Icecek AS's Cyclically Adjusted PB Ratio

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

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

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



Coca Cola Icecek AS 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 Icecek AS's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=773.00/42.27
=18.29

* 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 Icecek AS's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Coca Cola Icecek AS's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book=Book Value per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=154.446/129.4194*129.4194
=154.446

Current CPI (Dec. 2023) = 129.4194.

Coca Cola Icecek AS Quarterly Data

Book Value per Share CPI Adj_Book
201403 10.514 99.695 13.649
201406 10.735 100.560 13.816
201409 11.812 100.428 15.222
201412 11.891 99.070 15.534
201503 12.675 99.621 16.466
201506 13.184 100.684 16.947
201509 14.838 100.392 19.128
201512 14.188 99.792 18.400
201603 13.998 100.470 18.031
201606 14.744 101.688 18.765
201609 15.836 101.861 20.120
201612 16.925 101.863 21.504
201703 17.368 102.862 21.852
201706 17.341 103.349 21.715
201709 18.213 104.136 22.635
201712 18.342 104.011 22.823
201803 19.293 105.290 23.715
201806 21.227 106.317 25.840
201809 26.274 106.507 31.926
201812 22.009 105.998 26.872
201903 23.210 107.251 28.008
201906 23.003 108.070 27.547
201909 24.776 108.329 29.599
201912 25.612 108.420 30.573
202003 25.721 108.902 30.567
202006 27.976 108.767 33.288
202009 33.757 109.815 39.783
202012 30.123 109.897 35.474
202103 33.729 111.754 39.061
202106 35.211 114.631 39.753
202109 38.965 115.734 43.572
202112 51.324 117.630 56.468
202203 56.026 121.301 59.776
202206 64.381 125.017 66.648
202209 76.286 125.227 78.840
202212 160.383 125.222 165.759
202303 82.696 127.348 84.041
202306 109.651 128.729 110.239
202309 133.023 129.860 132.572
202312 154.446 129.419 154.446

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 Icecek AS  (IST:CCOLA) 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 Icecek AS Cyclically Adjusted PB Ratio Related Terms

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Coca Cola Icecek AS (IST:CCOLA) Business Description

Traded in Other Exchanges
Address
OSB Mahallesi Deniz Feneri Sokak, No: 4 Dudullu - Umraniye, Istanbul, TUR, 34776
Coca Cola Icecek AS is the exclusive bottler and distributor of Coca-Cola-branded sparkling and still beverages in Turkey, Pakistan, Central Asia, and the Middle East. Coca-Cola's brands include Coca-Cola, Fanta, Sprite, Cappy, Powerade, and Fuse. The company also has the exclusive right to distribute the Schweppes brand in Turkey. The company's revenue is split roughly evenly between sales in Turkey and sales outside of Turkey. The controlling shareholder of the company is Anadolu Efes Biracilik ve Malt Sanayi.

Coca Cola Icecek AS (IST:CCOLA) Headlines

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