Coca-Cola Co (MEX:KO) Cyclically Adjusted Book per Share: MXN114.13 (As of Mar. 2026)


MEX:KO Coca-Cola Co MEX:KO
77 GF Score
Price MXN1,465.97
GF Value MXN1,224.66
Valuation Modestly Overvalued
! 6 Warning Signs
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What is Coca-Cola Co Cyclically Adjusted Book per Share?

Coca-Cola Co MEX:KO +3.09% 77 Cyclically Adjusted Book per Share is MXN114.13 as of Mar. 2026. GuruFocus rates MEX:KO with a GF Score™ of 77/100 and a GF Value™ of MXN1,224.66 (Modestly Overvalued). The stock has 6 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 MXN140.947. 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 MXN114.13 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 (2026-07-03), Coca-Cola Co's current stock price is MXN1465.97. Coca-Cola Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was MXN114.13. Coca-Cola Co's Cyclically Adjusted PB Ratio of today is 12.84.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Coca-Cola Co was 13.28. The lowest was 5.76. And the median was 8.39.


Coca-Cola Co  (MEX:KO) 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
=1465.97/114.13
=12.84

* 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Coca-Cola Co was 13.28. The lowest was 5.76. And the median was 8.39.


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 133.76 128.07 108.78 129.52 112.10

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 127.90 116.82 114.50 112.10 114.13

MEX:KO 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.


MEX:KO
77GF Score
Coca-Cola Co MEX:KO
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)
=140.947/330.2130*330.2130
=140.947

Current CPI (Mar. 2026) = 330.2130.

Coca-Cola Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 114.163 241.018 156.412
201609 116.901 241.428 159.891
201612 110.884 241.432 151.659
201703 100.803 243.801 136.531
201706 93.179 244.955 125.610
201709 94.185 246.819 126.008
201712 78.724 246.524 105.449
201803 83.650 249.554 110.687
201806 84.655 251.989 110.934
201809 80.270 252.439 105.000
201812 78.119 251.233 102.677
201903 80.605 254.202 104.707
201906 81.693 256.143 105.317
201909 86.235 256.759 110.905
201912 83.638 256.974 107.475
202003 99.154 258.115 126.850
202006 93.962 257.797 120.356
202009 95.659 260.280 121.361
202012 89.234 260.474 113.125
202103 96.515 264.877 120.322
202106 102.639 271.696 124.745
202109 105.590 274.310 127.109
202112 109.084 278.802 129.199
202203 114.220 287.504 131.187
202206 106.984 296.311 119.224
202209 106.088 296.808 118.028
202212 108.584 296.797 120.809
202303 105.095 301.836 114.975
202306 103.137 305.109 111.623
202309 106.048 307.789 113.774
202312 102.212 306.746 110.032
202403 101.816 312.332 107.645
202406 109.918 314.175 115.529
202409 121.148 315.301 126.878
202412 120.500 315.605 126.077
202503 124.546 319.799 128.602
202506 125.046 322.561 128.012
202509 133.241 324.800 135.462
202512 134.653 324.054 137.212
202603 140.947 330.213 140.947

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 MXN114.13 mean?
Coca-Cola Co (MEX:KO) has a Cyclically Adjusted Book per Share of MXN114.13 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 MXN114.13. Overall, Coca-Cola Co has a GF Score™ of 77/100 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 MXN114.13 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 MXN114.13. 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 (MEX:KO) is currently considered Modestly Overvalued. The stock's GF Value™ is MXN1,224.66, compared to a current price of MXN1,465.97 — trading 19.7% above its estimated fair value. The current Cyclically Adjusted Book per Share is MXN114.13. Coca-Cola Co's overall GF Score™ is 77/100 with 6 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 (MEX:KO), the current Cyclically Adjusted Book per Share is MXN114.13 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 (MEX:KO) Overvalued in 2026?

Based on GuruFocus' analysis, Coca-Cola Co stock appears to be overvalued. The current stock price of MXN1,465.97 is trading 19.7% above its estimated GF Value™ of MXN1,224.66. GuruFocus considers Coca-Cola Co to be Modestly Overvalued.

Key valuation signals for MEX:KO:

  • Cyclically Adjusted Book per Share: MXN114.13
  • GF Value™: MXN1,224.66 vs. price of MXN1,465.97 (19.7% above fair value)
  • GF Score™: 77/100 with 6 warning signs

No single metric tells the full story. See the MEX:KO 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.
77GF Score

Get the complete analysis for MEX:KO

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

MXN1,465.97
Price
MXN1,224.66
GF Value