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Coca-Cola Co (Coca-Cola Co) Cyclically Adjusted PS Ratio : 5.67 (As of Apr. 27, 2024)


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What is Coca-Cola Co Cyclically Adjusted PS Ratio?

As of today (2024-04-27), Coca-Cola Co's current share price is $61.74. Coca-Cola Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $10.89. Coca-Cola Co's Cyclically Adjusted PS Ratio for today is 5.67.

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

KO' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 3.78   Med: 5.03   Max: 6.1
Current: 5.67

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.

KO's Cyclically Adjusted PS Ratio is ranked worse than
93.67% of 79 companies
in the Beverages - Non-Alcoholic industry
Industry Median: 1.43 vs KO: 5.67

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 Dec. 2023 was $2.506. 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 $10.89 for the trailing ten years ended in Dec. 2023.

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
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 5.87 5.66 5.48 5.09 5.41

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
=61.74/10.89
=5.67

* 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 Dec. 2023 is calculated as:

For example, Coca-Cola Co's adjusted Revenue per Share data for the three months ended in Dec. 2023 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=2.506/129.4194*129.4194
=2.506

Current CPI (Dec. 2023) = 129.4194.

Coca-Cola Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 2.369 99.695 3.075
201406 2.823 100.560 3.633
201409 2.694 100.428 3.472
201412 2.450 99.070 3.201
201503 2.422 99.621 3.146
201506 2.758 100.684 3.545
201509 2.598 100.392 3.349
201512 2.278 99.792 2.954
201603 2.346 100.470 3.022
201606 2.636 101.688 3.355
201609 2.437 101.861 3.096
201612 2.165 101.863 2.751
201703 2.104 102.862 2.647
201706 2.242 103.349 2.808
201709 2.101 104.136 2.611
201712 1.927 104.011 2.398
201803 1.771 105.290 2.177
201806 2.196 106.317 2.673
201809 2.043 106.507 2.483
201812 1.813 105.998 2.214
201903 2.019 107.251 2.436
201906 2.322 108.070 2.781
201909 2.200 108.329 2.628
201912 2.098 108.420 2.504
202003 1.989 108.902 2.364
202006 1.657 108.767 1.972
202009 2.002 109.815 2.359
202012 1.989 109.897 2.342
202103 2.083 111.754 2.412
202106 2.335 114.631 2.636
202109 2.312 115.734 2.585
202112 2.176 117.630 2.394
202203 2.408 121.301 2.569
202206 2.602 125.017 2.694
202209 2.546 125.227 2.631
202212 2.331 125.222 2.409
202303 2.527 127.348 2.568
202306 2.758 128.729 2.773
202309 2.755 129.860 2.746
202312 2.506 129.419 2.506

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  (NYSE:KO) 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 (Coca-Cola Co) 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.
Executives
James Quincey other: Group President THE COCA-COLA COMPANY, ONE COCA-COLA PLAZA, ATLANTA GA 30313
Henrique Braun other: Operating Unit President C/O THE COCA-COLA COMPANY, ONE COCA-COLA PLAZA, ATLANTA GA 30313
Beatriz R Perez officer: Senior Vice President ONE COCA-COLA PLAZA, ATLANTA GA 30313
Monica Howard Douglas officer: SVP & General Counsel 535 MADISON AVENUE, 20TH FLOOR, NEW YORK NY 10022
John Murphy other: Group President THE COCA-COLA COMPANY, ONE COCA-COLA PLAZA, ATLANTA GA 30313
Thomas Sinnickson Gayner director C/O MARKEL CORP, 4521 HIGHWOODS PARKWAY, GLEN ALLEN VA 23060
Amity Millhiser director C/O THE COCA-COLA COMPANY, ONE COCA-COLA PLAZA, ATLANTA GA 30313
Manuel Arroyo other: Group President THE COCA-COLA COMPANY, ONE COCA-COLA PLAZA, ATLANTA GA 30313
Nikolaos Koumettis other: Group President THE COCA-COLA COMPANY, ONE COCA-COLA PLAZA, ATLANTA GA 30313
Nancy Quan officer: Senior Vice President THE COCA-COLA COMPANY, ONE COCA-COLA PLAZA, ATLANTA GA 30313
Erin L May officer: Vice President & Controller C/O THE COCA-COLA COMPANY, ONE COCA-COLA PLAZA, ATLANTA GA 30313
Bruno Pietracci other: President, Latin America OU C/O THE COCA-COLA COMPANY, ONE COCA-COLA PLAZA, ATLANTA GA 30313
Brian John Smith other: Group President THE COCA-COLA COMPANY, ONE COCA-COLA PLAZA, ATLANTA GA 30313
Mark Randazza officer: Principal Accounting Officer THE COCA-COLA COMPANY, ONE COCA-COLA PLAZA, ATLANTA GA 30313
Allen Herbert A Iii director ALLEN & COMPANY LLC, 711 FIFTH AVENUE, NEW YORK NY 10022