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Coca-Cola Consolidated (Coca-Cola Consolidated) Cyclically Adjusted PB Ratio : (As of May. 16, 2024)


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What is Coca-Cola Consolidated Cyclically Adjusted PB Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PB Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Coca-Cola Consolidated Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Coca-Cola Consolidated'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.

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Coca-Cola Consolidated Cyclically Adjusted PB Ratio Chart

Coca-Cola Consolidated 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 10.89 9.08 16.95 10.85 15.11

Coca-Cola Consolidated 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 10.53 11.67 10.88 15.11 13.02

Competitive Comparison of Coca-Cola Consolidated's Cyclically Adjusted PB Ratio

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

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

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



Coca-Cola Consolidated 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 Consolidated's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Coca-Cola Consolidated'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)
=170.884/131.7762*131.7762
=170.884

Current CPI (Mar. 2024) = 131.7762.

Coca-Cola Consolidated Quarterly Data

Book Value per Share CPI Adj_Book
201406 22.181 100.560 29.067
201409 23.282 100.428 30.549
201412 19.807 99.070 26.346
201503 20.038 99.621 26.506
201506 22.732 100.684 29.752
201509 25.278 100.392 33.180
201512 26.163 99.792 34.548
201603 25.267 100.470 33.140
201606 26.676 101.688 34.569
201609 28.945 101.861 37.446
201612 29.767 101.863 38.509
201703 29.353 102.862 37.604
201706 29.832 103.349 38.038
201709 31.486 104.136 39.843
201712 39.304 104.011 49.796
201803 37.942 105.290 47.487
201806 37.349 106.317 46.293
201809 39.868 106.507 49.327
201812 38.309 105.998 47.626
201903 37.820 107.251 46.469
201906 39.273 108.070 47.888
201909 40.432 108.329 49.183
201912 37.028 108.420 45.005
202003 38.337 108.902 46.390
202006 42.414 108.767 51.386
202009 47.838 109.815 57.405
202012 54.748 109.897 65.648
202103 60.335 111.754 71.145
202106 65.368 114.631 75.145
202109 72.587 115.734 82.648
202112 75.964 117.630 85.100
202203 85.768 121.301 93.175
202206 96.231 125.017 101.434
202209 108.742 125.227 114.430
202212 119.038 125.222 125.269
202303 131.724 127.348 136.305
202306 147.247 128.729 150.733
202309 162.682 129.860 165.083
202312 153.212 129.419 156.002
202403 170.884 131.776 170.884

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 Consolidated  (GREY:COKEB) 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 Consolidated Cyclically Adjusted PB Ratio Related Terms

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Coca-Cola Consolidated (Coca-Cola Consolidated) Business Description

Traded in Other Exchanges
Address
4100 Coca-Cola Plaza, Charlotte, NC, USA, 28211
Coca-Cola Consolidated Inc sells nonalcoholic beverage products in the United States. The company purchases concentrate and syrups from other beverage manufacturers under a license, then produces, packages, markets, and distributes the beverages to retailers. The company's primary licensor is Coca-Cola Co., which generally allows it to exclusively market, produce, and distribute Coca-Cola products in specified parts of the U.S.: North Carolina, South Carolina, West Virginia, and parts of Alabama, Georgia, Tennessee, Virginia, Indiana, and Kentucky. The company manages its business in two operating segments. Nonalcoholic Beverages segment which represents the majority of the company's revenues and All Other segments.