Hokkaido Coca-Cola Bottling Co (TSE:2573) Cyclically Adjusted Book per Share: 円3,132.91 (As of Dec. 2025)

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TSE:2573 Hokkaido Coca-Cola Bottling Co Ltd TSE:2573
57 GF Score
Price 円4,000.00
GF Value 円2,985.30
Valuation Significantly Overvalued
! 3 Warning Signs
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What is Hokkaido Coca-Cola Bottling Co Cyclically Adjusted Book per Share?

Hokkaido Coca-Cola Bottling Co TSE:2573 57 Cyclically Adjusted Book per Share is 円3,132.91 as of Dec. 2025. GuruFocus rates TSE:2573 with a GF Score™ of 57/100 and a GF Value™ of 円2,985.30 (Significantly Overvalued). The stock has 3 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.

Hokkaido Coca-Cola Bottling Co's adjusted book value per share for the three months ended in Dec. 2025 was 円3,187.183. 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 円3,132.91 for the trailing ten years ended in Dec. 2025.

During the past 12 months, Hokkaido Coca-Cola Bottling Co's average Cyclically Adjusted Book Growth Rate was 3.20% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 3.50% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 3.50% 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 Hokkaido Coca-Cola Bottling Co was 4.00% per year. The lowest was 1.30% per year. And the median was 3.10% per year.

As of today (2026-07-14), Hokkaido Coca-Cola Bottling Co's current stock price is 円4000.00. Hokkaido Coca-Cola Bottling Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2025 was 円3,132.91. Hokkaido Coca-Cola Bottling Co's Cyclically Adjusted PB Ratio of today is 1.28.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Hokkaido Coca-Cola Bottling Co was 1.39. The lowest was 0.56. And the median was 0.77.


Hokkaido Coca-Cola Bottling Co  (TSE:2573) 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.

Hokkaido Coca-Cola Bottling Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=4000.00/3132.91
=1.28

* 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 Hokkaido Coca-Cola Bottling Co was 1.39. The lowest was 0.56. And the median was 0.77.


Be Aware

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


Hokkaido Coca-Cola Bottling Co Cyclically Adjusted Book per Share Related Terms


Hokkaido Coca-Cola Bottling Co Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Hokkaido Coca-Cola Bottling 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.

Hokkaido Coca-Cola Bottling Co Cyclically Adjusted Book per Share Chart

Hokkaido Coca-Cola Bottling 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 2,699.83 2,824.49 2,905.52 3,036.80 3,132.91

Hokkaido Coca-Cola Bottling Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 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 3,054.62 3,079.70 3,096.93 3,132.91 0.00

TSE:2573 vs KO, PEP, MNST: Cyclically Adjusted Book per Share Comparison

For the Beverages - Non-Alcoholic subindustry, Hokkaido Coca-Cola Bottling 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.


Hokkaido Coca-Cola Bottling Co Cyclically Adjusted PB Ratio vs Beverages - Non-Alcoholic Industry

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

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


TSE:2573
57GF Score
Hokkaido Coca-Cola Bottling Co Ltd TSE:2573
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hokkaido Coca-Cola Bottling 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, Hokkaido Coca-Cola Bottling Co's adjusted Book Value per Share data for the three months ended in Dec. 2025 was:

Adj_Book= Book Value per Share /CPI of Dec. 2025 (Change)*Current CPI (Dec. 2025)
=3187.183/113.0000*113.0000
=3,187.183

Current CPI (Dec. 2025) = 113.0000.

Hokkaido Coca-Cola Bottling Co Quarterly Data

Book Value per Share CPI Adj_Book
201512 2,500.719 98.100 2,880.543
201603 2,489.220 97.900 2,873.155
201606 2,525.152 98.100 2,908.687
201609 2,575.594 98.000 2,969.818
201612 2,567.449 98.400 2,948.392
201703 2,577.784 98.100 2,969.313
201706 2,608.377 98.500 2,992.351
201709 2,658.545 98.800 3,040.644
201712 2,716.906 99.400 3,088.636
201803 2,713.963 99.200 3,091.510
201806 2,750.992 99.200 3,133.690
201809 2,782.409 99.900 3,147.269
201812 2,722.979 99.700 3,086.225
201903 2,706.072 99.700 3,067.063
201906 2,739.270 99.800 3,101.578
201909 2,779.656 100.100 3,137.873
201912 2,835.581 100.500 3,188.265
202003 2,816.894 100.300 3,173.570
202006 2,814.087 99.900 3,183.101
202009 2,848.997 99.900 3,222.589
202012 2,856.996 99.300 3,251.164
202103 2,834.474 99.900 3,206.162
202106 2,851.451 99.500 3,238.331
202109 2,877.807 100.100 3,248.673
202112 2,971.267 100.100 3,354.178
202203 2,923.280 101.100 3,267.365
202206 2,960.024 101.800 3,285.685
202209 2,968.180 103.100 3,253.194
202212 2,927.322 104.100 3,177.593
202303 2,892.196 104.400 3,130.442
202306 2,939.668 105.200 3,157.628
202309 2,985.009 106.200 3,176.140
202312 3,002.278 106.800 3,176.568
202403 3,000.000 107.200 3,162.313
202406 3,040.861 108.200 3,175.761
202412 3,095.245 110.700 3,159.555
202503 3,089.807 111.100 3,142.648
202506 3,130.154 111.700 3,166.584
202509 3,166.826 112.000 3,195.101
202512 3,187.183 113.000 3,187.183

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 円3,132.91 mean?
Hokkaido Coca-Cola Bottling Co (TSE:2573) has a Cyclically Adjusted Book per Share of 円3,132.91 as of Dec. 2025. 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 Hokkaido Coca-Cola Bottling Co and its competitors.
Is Hokkaido Coca-Cola Bottling Co's Cyclically Adjusted Book per Share too high?
Hokkaido Coca-Cola Bottling Co's current Cyclically Adjusted Book per Share is 円3,132.91. Overall, Hokkaido Coca-Cola Bottling Co has a GF Score™ of 57/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hokkaido Coca-Cola Bottling Co's Cyclically Adjusted Book per Share compare to KO and PEP?
Hokkaido Coca-Cola Bottling Co's Cyclically Adjusted Book per Share of 円3,132.91 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 Hokkaido Coca-Cola Bottling Co and its competitors. Hokkaido Coca-Cola Bottling Co's current Cyclically Adjusted Book per Share is 円3,132.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hokkaido Coca-Cola Bottling Co stock overvalued right now?
Based on GuruFocus' analysis, Hokkaido Coca-Cola Bottling Co (TSE:2573) is currently considered Significantly Overvalued. The stock's GF Value™ is 円2,985.30, compared to a current price of 円4,000.00 — trading 34% above its estimated fair value. The current Cyclically Adjusted Book per Share is 円3,132.91. Hokkaido Coca-Cola Bottling Co's overall GF Score™ is 57/100 with 3 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 Hokkaido Coca-Cola Bottling Co (TSE:2573), the current Cyclically Adjusted Book per Share is 円3,132.91 as of Dec. 2025. 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 Hokkaido Coca-Cola Bottling Co (TSE:2573) Overvalued in 2026?

Based on GuruFocus' analysis, Hokkaido Coca-Cola Bottling Co stock appears to be overvalued. The current stock price of 円4,000.00 is trading 34% above its estimated GF Value™ of 円2,985.30. GuruFocus considers Hokkaido Coca-Cola Bottling Co to be Significantly Overvalued.

Key valuation signals for TSE:2573:

  • Cyclically Adjusted Book per Share: 円3,132.91
  • GF Value™: 円2,985.30 vs. price of 円4,000.00 (34% above fair value)
  • GF Score™: 57/100 with 3 warning signs

No single metric tells the full story. See the TSE:2573 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hokkaido Coca-Cola Bottling Co Business Description

Address 1-2-1 Kiyota-Ichijo, Kiyota Ward, Sapporo, JPN, 004-8588
Hokkaido Coca-Cola Bottling Co Ltd manufactures and sells soft drinks in Hokkaido, Japan.
57GF Score

Get the complete analysis for TSE:2573

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

円4,000.00
Price
円2,985.30
GF Value