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Coca-Cola Bottlers Japan Holdings (TSE:2579) Cyclically Adjusted PB Ratio : 0.64 (As of May. 26, 2024)


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What is Coca-Cola Bottlers Japan Holdings Cyclically Adjusted PB Ratio?

As of today (2024-05-26), Coca-Cola Bottlers Japan Holdings's current share price is 円1837.00. Coca-Cola Bottlers Japan Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was 円2,868.86. Coca-Cola Bottlers Japan Holdings's Cyclically Adjusted PB Ratio for today is 0.64.

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

TSE:2579' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.46   Med: 0.7   Max: 1.92
Current: 0.64

During the past years, Coca-Cola Bottlers Japan Holdings's highest Cyclically Adjusted PB Ratio was 1.92. The lowest was 0.46. And the median was 0.70.

TSE:2579's Cyclically Adjusted PB Ratio is ranked better than
88.61% of 79 companies
in the Beverages - Non-Alcoholic industry
Industry Median: 2.33 vs TSE:2579: 0.64

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 Bottlers Japan Holdings's adjusted book value per share data for the three months ended in Mar. 2024 was 円2,584.367. 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 円2,868.86 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Coca-Cola Bottlers Japan Holdings Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Coca-Cola Bottlers Japan Holdings'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 Bottlers Japan Holdings Cyclically Adjusted PB Ratio Chart

Coca-Cola Bottlers Japan Holdings 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 1.07 0.62 0.49 0.51 0.71

Coca-Cola Bottlers Japan Holdings 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 0.52 0.54 0.69 0.71 0.77

Competitive Comparison of Coca-Cola Bottlers Japan Holdings's Cyclically Adjusted PB Ratio

For the Beverages - Non-Alcoholic subindustry, Coca-Cola Bottlers Japan Holdings'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 Bottlers Japan Holdings's Cyclically Adjusted PB Ratio Distribution in the Beverages - Non-Alcoholic Industry

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

* The bar in red indicates where Coca-Cola Bottlers Japan Holdings's Cyclically Adjusted PB Ratio falls into.



Coca-Cola Bottlers Japan Holdings 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 Bottlers Japan Holdings's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1837.00/2868.86
=0.64

* 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 Bottlers Japan Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Coca-Cola Bottlers Japan Holdings'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)
=2584.367/107.2000*107.2000
=2,584.367

Current CPI (Mar. 2024) = 107.2000.

Coca-Cola Bottlers Japan Holdings Quarterly Data

Book Value per Share CPI Adj_Book
201406 2,305.221 98.000 2,521.630
201409 2,312.853 98.500 2,517.135
201412 2,325.173 97.900 2,546.053
201503 2,299.546 97.900 2,517.991
201506 2,396.813 98.400 2,611.162
201509 2,417.264 98.500 2,630.769
201512 2,386.769 98.100 2,608.172
201603 2,362.516 97.900 2,586.943
201606 2,377.369 98.100 2,597.900
201609 2,417.812 98.000 2,644.790
201612 2,389.263 98.400 2,602.937
201703 2,375.189 98.100 2,595.517
201706 2,992.192 98.500 3,256.477
201709 3,044.111 98.800 3,302.922
201712 3,204.887 99.400 3,456.377
201803 3,045.655 99.200 3,291.272
201806 3,069.962 99.200 3,317.540
201809 3,077.911 99.900 3,302.823
201812 3,163.618 99.700 3,401.603
201903 3,105.116 99.700 3,338.700
201906 2,782.692 99.800 2,989.024
201909 2,804.476 100.100 3,003.395
201912 2,821.262 100.500 3,009.346
202003 2,737.293 100.300 2,925.601
202006 2,736.044 99.900 2,935.975
202009 2,748.004 99.900 2,948.809
202012 2,797.021 99.300 3,019.543
202103 2,800.306 99.900 3,004.933
202106 2,787.164 99.500 3,002.854
202109 2,757.211 100.100 2,952.777
202112 2,745.116 100.100 2,939.825
202203 2,689.686 101.100 2,851.972
202206 2,670.856 101.800 2,812.532
202209 2,668.386 103.100 2,774.500
202212 2,655.381 104.100 2,734.456
202303 2,594.168 104.400 2,663.743
202306 2,614.698 105.200 2,664.407
202309 2,634.577 106.200 2,659.385
202312 2,618.495 106.800 2,628.302
202403 2,584.367 107.200 2,584.367

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 Bottlers Japan Holdings  (TSE:2579) 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 Bottlers Japan Holdings Cyclically Adjusted PB Ratio Related Terms

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Coca-Cola Bottlers Japan Holdings (TSE:2579) Business Description

Traded in Other Exchanges
Address
9-7-1 Akasaka, Minato-ku, Tokyo Midtown Tower, Fukuoka, JPN, 107-6211
Coca-Cola Bottlers Japan Holdings Inc is a Japanese soft drinks manufacturer, which operates through licensing agreements with The Coca-Cola Company based in the United States. It functions through two business segments, namely The Cold Beverage segment and The Healthcare and Skincare segment. The Cold Beverage segment by far accounts for most of the company's revenue generating operations. It represents the manufacture and sale of beverages such as sports drinks, tea beverages, sparkling beverages and mineral water. Its secondary business is carried out through the Healthcare and Skincare segment which produces and sells health food and cosmetics.

Coca-Cola Bottlers Japan Holdings (TSE:2579) Headlines

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