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Coca-Cola Co (BSP:COCA34) Shiller PE Ratio : 32.54 (As of Apr. 25, 2024)


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What is Coca-Cola Co Shiller PE Ratio?

As of today (2024-04-25), Coca-Cola Co's current share price is R$52.71. Coca-Cola Co's E10 for the quarter that ended in Dec. 2023 was R$1.62. Coca-Cola Co's Shiller PE Ratio for today is 32.54.

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

BSP:COCA34' s Shiller PE Ratio Range Over the Past 10 Years
Min: 20.82   Med: 25.84   Max: 34.05
Current: 29.98

During the past years, Coca-Cola Co's highest Shiller PE Ratio was 34.05. The lowest was 20.82. And the median was 25.84.

BSP:COCA34's Shiller PE Ratio is ranked worse than
80.33% of 61 companies
in the Beverages - Non-Alcoholic industry
Industry Median: 19.47 vs BSP:COCA34: 29.98

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

Coca-Cola Co's adjusted earnings per share data for the three months ended in Dec. 2023 was R$0.376. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is R$1.62 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Coca-Cola Co Shiller PE Ratio Historical Data

The historical data trend for Coca-Cola Co's Shiller PE 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 Shiller PE Ratio Chart

Coca-Cola Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 30.08 31.45 31.68 32.50 29.13

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
Shiller PE 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 32.50 30.83 29.87 27.53 29.13

Competitive Comparison of Coca-Cola Co's Shiller PE Ratio

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

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

* The bar in red indicates where Coca-Cola Co's Shiller PE Ratio falls into.



Coca-Cola Co Shiller PE Ratio Calculation

For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller PE Ratio is also called PE10.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

Coca-Cola Co's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=52.71/1.62
=32.54

* 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 E10 for the quarter that ended in Dec. 2023 is calculated as:

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

Adj_EPS=Earnings per Share (Diluted)/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.376/129.4194*129.4194
=0.376

Current CPI (Dec. 2023) = 129.4194.

Coca-Cola Co Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 0.140 99.695 0.182
201406 0.216 100.560 0.278
201409 0.187 100.428 0.241
201412 0.075 99.070 0.098
201503 0.183 99.621 0.238
201506 0.368 100.684 0.473
201509 0.215 100.392 0.277
201512 0.181 99.792 0.235
201603 0.210 100.470 0.271
201606 0.451 101.688 0.574
201609 0.130 101.861 0.165
201612 0.073 101.863 0.093
201703 0.141 102.862 0.177
201706 0.176 103.349 0.220
201709 0.172 104.136 0.214
201712 -0.357 104.011 -0.444
201803 0.175 105.290 0.215
201806 0.339 106.317 0.413
201809 0.301 106.507 0.366
201812 0.129 105.998 0.158
201903 0.250 107.251 0.302
201906 0.392 108.070 0.469
201909 0.412 108.329 0.492
201912 0.322 108.420 0.384
202003 0.521 108.902 0.619
202006 0.355 108.767 0.422
202009 0.360 109.815 0.424
202012 0.292 109.897 0.344
202103 0.488 111.754 0.565
202106 0.511 114.631 0.577
202109 0.502 115.734 0.561
202112 0.528 117.630 0.581
202203 0.531 121.301 0.567
202206 0.370 125.017 0.383
202209 0.568 125.227 0.587
202212 0.411 125.222 0.425
202303 0.625 127.348 0.635
202306 0.477 128.729 0.480
202309 0.584 129.860 0.582
202312 0.376 129.419 0.376

Add all the adjusted EPS together and divide 10 will get our E10.

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) Shiller PE Ratio Explanation

Compared with the regular PE Ratio, which works poorly for cyclical businesses, the Shiller PE Ratio smoothed out the fluctuations of profit margins during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Shiller PE Ratio should give similar results to regular PE Ratio.

Compared with the PS Ratio, the Shiller PE Ratio makes the comparison between different industries more meaningful.


Be Aware

Shiller PE Ratio assumes that over the long term, businesses and profitability revert to their means. If a company's business model does not work in the future compared with the past, Shiller PE Ratio and PS Ratio will give false valuations.


Coca-Cola Co Shiller PE Ratio Related Terms

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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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