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Coca-Cola Co (UKEX:KO) Cyclically Adjusted PB Ratio : 9.49 (As of May. 23, 2024)


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What is Coca-Cola Co Cyclically Adjusted PB Ratio?

As of today (2024-05-23), Coca-Cola Co's current share price is ₴2260.00. Coca-Cola Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₴238.26. Coca-Cola Co's Cyclically Adjusted PB Ratio for today is 9.49.

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

UKEX:KO' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 5.76   Med: 7.22   Max: 9.87
Current: 9.77

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.

UKEX:KO'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 UKEX:KO: 9.77

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 ₴245.076. 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 ₴238.26 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
=2260.00/238.26
=9.49

* 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)
=245.076/131.7762*131.7762
=245.076

Current CPI (Mar. 2024) = 131.7762.

Coca-Cola Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 310.392 100.560 406.747
201409 305.240 100.428 400.520
201412 277.422 99.070 369.009
201503 264.216 99.621 349.498
201506 261.036 100.684 341.647
201509 239.661 100.392 314.585
201512 236.085 99.792 311.751
201603 229.748 100.470 301.336
201606 246.604 101.688 319.571
201609 241.522 101.861 312.454
201612 214.851 101.863 277.945
201703 213.867 102.862 273.984
201706 205.927 103.349 262.569
201709 207.323 104.136 262.353
201712 160.130 104.011 202.876
201803 183.936 105.290 230.207
201806 172.106 106.317 213.320
201809 171.431 106.507 212.104
201812 158.936 105.998 197.589
201903 165.998 107.251 203.958
201906 169.894 108.070 207.163
201909 174.498 108.329 212.266
201912 177.157 108.420 215.321
202003 168.928 108.902 204.411
202006 162.620 108.767 197.021
202009 172.984 109.815 207.578
202012 179.204 109.897 214.882
202103 188.620 111.754 222.413
202106 205.980 114.631 236.787
202109 205.142 115.734 233.577
202112 212.425 117.630 237.972
202203 229.164 121.301 248.954
202206 212.438 125.017 223.924
202209 210.688 125.227 221.708
202212 222.493 125.222 234.139
202303 232.918 127.348 241.018
202306 240.326 128.729 246.015
202309 243.208 129.860 246.798
202312 240.551 129.419 244.932
202403 245.076 131.776 245.076

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  (UKEX:KO) 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 (UKEX:KO) 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 (UKEX:KO) Headlines