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Coca-Cola Co (BSP:COCA34) Cyclically Adjusted PS Ratio : 5.84 (As of May. 22, 2024)


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What is Coca-Cola Co Cyclically Adjusted PS Ratio?

As of today (2024-05-22), Coca-Cola Co's current share price is R$53.59. Coca-Cola Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was R$9.18. Coca-Cola Co's Cyclically Adjusted PS Ratio for today is 5.84.

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

BSP:COCA34' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 3.78   Med: 5.03   Max: 6.1
Current: 5.7

During the past years, Coca-Cola Co's highest Cyclically Adjusted PS Ratio was 6.10. The lowest was 3.78. And the median was 5.03.

BSP:COCA34's Cyclically Adjusted PS Ratio is ranked worse than
92.59% of 81 companies
in the Beverages - Non-Alcoholic industry
Industry Median: 1.42 vs BSP:COCA34: 5.70

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 PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

Coca-Cola Co's adjusted revenue per share data for the three months ended in Mar. 2024 was R$2.170. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is R$9.18 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Coca-Cola Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Coca-Cola Co's Cyclically Adjusted PS 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 PS Ratio Chart

Coca-Cola Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.47 5.42 5.63 5.87 5.41

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 PS 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 5.66 5.48 5.09 5.41 5.54

Competitive Comparison of Coca-Cola Co's Cyclically Adjusted PS Ratio

For the Beverages - Non-Alcoholic subindustry, Coca-Cola Co's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS 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 PS Ratio Distribution in the Beverages - Non-Alcoholic Industry

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

* The bar in red indicates where Coca-Cola Co's Cyclically Adjusted PS Ratio falls into.



Coca-Cola Co Cyclically Adjusted PS Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PS Ratio takes the Revenue per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/S calculation. Because it considers this 10-year average, it's often referred to as the CAPS 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 PS Ratio.

Coca-Cola Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=53.59/9.18
=5.84

* 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 Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Coca-Cola Co's adjusted Revenue per Share data for the three months ended in Mar. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=2.17/131.7762*131.7762
=2.170

Current CPI (Mar. 2024) = 131.7762.

Coca-Cola Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 1.052 100.560 1.379
201409 1.050 100.428 1.378
201412 1.079 99.070 1.435
201503 1.268 99.621 1.677
201506 1.430 100.684 1.872
201509 1.690 100.392 2.218
201512 1.473 99.792 1.945
201603 1.446 100.470 1.897
201606 1.504 101.688 1.949
201609 1.321 101.861 1.709
201612 1.210 101.863 1.565
201703 1.097 102.862 1.405
201706 1.231 103.349 1.570
201709 1.097 104.136 1.388
201712 1.058 104.011 1.340
201803 0.968 105.290 1.212
201806 1.380 106.317 1.710
201809 1.399 106.507 1.731
201812 1.174 105.998 1.460
201903 1.292 107.251 1.587
201906 1.492 108.070 1.819
201909 1.511 108.329 1.838
201912 1.435 108.420 1.744
202003 1.620 108.902 1.960
202006 1.433 108.767 1.736
202009 1.802 109.815 2.162
202012 1.706 109.897 2.046
202103 1.956 111.754 2.306
202106 1.957 114.631 2.250
202109 2.034 115.734 2.316
202112 2.051 117.630 2.298
202203 1.997 121.301 2.169
202206 2.189 125.017 2.307
202209 2.225 125.227 2.341
202212 2.038 125.222 2.145
202303 2.194 127.348 2.270
202306 2.231 128.729 2.284
202309 2.268 129.860 2.301
202312 2.046 129.419 2.083
202403 2.170 131.776 2.170

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue 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  (BSP:COCA34) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue 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 PS Ratio should give similar results to regular PS Ratio.


Coca-Cola Co Cyclically Adjusted PS Ratio Related Terms

Thank you for viewing the detailed overview of Coca-Cola Co's Cyclically Adjusted PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Coca-Cola Co (BSP:COCA34) 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 (BSP:COCA34) Headlines

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