Coca-Cola Co (BKK:KO80) Cyclically Adjusted Book per Share: ฿0.21 (As of Mar. 2026)

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Director of Data and Quant Analytics at GuruFocus
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BKK:KO80 Coca-Cola Co BKK:KO80
64 GF Score
Price ฿2.76
GF Value ฿2.36
Valuation Modestly Overvalued
! 5 Warning Signs
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What is Coca-Cola Co Cyclically Adjusted Book per Share?

Coca-Cola Co BKK:KO80 -1.43% 64 Cyclically Adjusted Book per Share is ฿0.21 as of Mar. 2026. GuruFocus rates BKK:KO80 with a GF Score™ of 64/100 and a GF Value™ of ฿2.36 (Modestly Overvalued). The stock has 5 warning signs investors should review.

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. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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 for the three months ended in Mar. 2026 was ฿0.252. 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 ฿0.21 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Coca-Cola Co's average Cyclically Adjusted Book Growth Rate was 1.80% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -1.80% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -1.00% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was -0.40% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Coca-Cola Co was 12.60% per year. The lowest was -1.80% per year. And the median was 10.30% per year.

As of today (2026-07-25), Coca-Cola Co's current stock price is ฿2.76. Coca-Cola Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ฿0.21. Coca-Cola Co's Cyclically Adjusted PB Ratio of today is 13.14.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Coca-Cola Co was 13.27. The lowest was 5.76. And the median was 8.41.


Coca-Cola Co  (BKK:KO80) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

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 Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=2.76/0.21
=13.14

* 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Coca-Cola Co was 13.27. The lowest was 5.76. And the median was 8.41.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


Coca-Cola Co Cyclically Adjusted Book per Share Related Terms


Coca-Cola Co Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Coca-Cola Co's Cyclically Adjusted Book per Share 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.

Coca-Cola Co Cyclically Adjusted Book per Share Chart

Coca-Cola Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.20

Coca-Cola Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Cyclically Adjusted Book per Share 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 0.00 0.20 0.20 0.20 0.21

BKK:KO80 vs PEP, MNST, KDP: Cyclically Adjusted Book per Share Comparison

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 Cyclically Adjusted PB Ratio vs 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.


BKK:KO80
64GF Score
Coca-Cola Co BKK:KO80
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
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Coca-Cola Co Cyclically Adjusted Book per Share Calculation

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. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Coca-Cola Co's adjusted Book Value per Share data for the three months ended in Mar. 2026 was:

Adj_Book= Book Value per Share /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=0.252/330.2130*330.2130
=0.252

Current CPI (Mar. 2026) = 330.2130.

Coca-Cola Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.218 241.018 0.299
201609 0.210 241.428 0.287
201612 0.192 241.432 0.263
201703 0.187 243.801 0.253
201706 0.175 244.955 0.236
201709 0.172 246.819 0.230
201712 0.131 246.524 0.175
201803 0.144 249.554 0.191
201806 0.140 251.989 0.183
201809 0.140 252.439 0.183
201812 0.130 251.233 0.171
201903 0.132 254.202 0.171
201906 0.132 256.143 0.170
201909 0.133 256.759 0.171
201912 0.134 256.974 0.172
202003 0.136 258.115 0.174
202006 0.127 257.797 0.163
202009 0.136 260.280 0.173
202012 0.135 260.474 0.171
202103 0.145 264.877 0.181
202106 0.162 271.696 0.197
202109 0.170 274.310 0.205
202112 0.178 278.802 0.211
202203 0.191 287.504 0.219
202206 0.186 296.311 0.207
202209 0.195 296.808 0.217
202212 0.194 296.797 0.216
202303 0.201 301.836 0.220
202306 0.210 305.109 0.227
202309 0.218 307.789 0.234
202312 0.211 306.746 0.227
202403 0.221 312.332 0.234
202406 0.220 314.175 0.231
202409 0.205 315.301 0.215
202412 0.197 315.605 0.206
202503 0.206 319.799 0.213
202506 0.216 322.561 0.221
202509 0.232 324.800 0.236
202512 0.236 324.054 0.240
202603 0.252 330.213 0.252

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.

What does a Cyclically Adjusted Book per Share of ฿0.21 mean?
Coca-Cola Co (BKK:KO80) has a Cyclically Adjusted Book per Share of ฿0.21 as of Mar. 2026. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on Coca-Cola Co and its competitors.
Is Coca-Cola Co's Cyclically Adjusted Book per Share too high?
Coca-Cola Co's current Cyclically Adjusted Book per Share is ฿0.21. Overall, Coca-Cola Co has a GF Score™ of 64/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Coca-Cola Co's Cyclically Adjusted Book per Share compare to PEP and MNST?
Coca-Cola Co's Cyclically Adjusted Book per Share of ฿0.21 can be compared against companies in the Beverages - Non-Alcoholic industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Book per Share for a Beverages - Non-Alcoholic company?
A good Cyclically Adjusted Book per Share depends on the Beverages - Non-Alcoholic industry context. However, Cyclically Adjusted Book per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Book per Share mean?
A high Cyclically Adjusted Book per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on Coca-Cola Co and its competitors. Coca-Cola Co's current Cyclically Adjusted Book per Share is ฿0.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Coca-Cola Co stock overvalued right now?
Based on GuruFocus' analysis, Coca-Cola Co (BKK:KO80) is currently considered Modestly Overvalued. The stock's GF Value™ is ฿2.36, compared to a current price of ฿2.76 — trading 16.9% above its estimated fair value. The current Cyclically Adjusted Book per Share is ฿0.21. Coca-Cola Co's overall GF Score™ is 64/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Book per Share calculated?
Cyclically Adjusted Book per Share is calculated from a company's financial statements. For Coca-Cola Co (BKK:KO80), the current Cyclically Adjusted Book per Share is ฿0.21 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Coca-Cola Co (BKK:KO80) Overvalued in 2026?

Based on GuruFocus' analysis, Coca-Cola Co stock appears to be overvalued. The current stock price of ฿2.76 is trading 16.9% above its estimated GF Value™ of ฿2.36. GuruFocus considers Coca-Cola Co to be Modestly Overvalued.

Key valuation signals for BKK:KO80:

  • Cyclically Adjusted Book per Share: ฿0.21
  • GF Value™: ฿2.36 vs. price of ฿2.76 (16.9% above fair value)
  • GF Score™: 64/100 with 5 warning signs

No single metric tells the full story. See the BKK:KO80 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


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 60% of its total revenue overseas, with sizable contributions from emerging economies in Latin America and Asia-Pacific.
64GF Score

Get the complete analysis for BKK:KO80

Cyclically Adjusted Book per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

฿2.76
Price
฿2.36
GF Value