Coca-Cola Co (BKK:KO80) Cyclically Adjusted PB Ratio: 13.27 (As of Sep. 10, 2026) — 56% Above Median

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BKK:KO80 Coca-Cola Co BKK:KO80
62 GF Score
Price ฿2.92
GF Value ฿2.45
Valuation Modestly Overvalued
! 6 Warning Signs
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What is Coca-Cola Co Cyclically Adjusted PB Ratio?

Coca-Cola Co BKK:KO80 +0.69% 62 Cyclically Adjusted PB Ratio is 13.27 as of Sep. 10, 2026, which is 56% above its 10-year median of 8.51. GuruFocus rates BKK:KO80 with a GF Score™ of 62/100 and a GF Value™ of ฿2.45 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 83 Beverages - Non-Alcoholic companies, Coca-Cola Co ranks worse than 92.77% on this metric.

As of today (2026-09-10), Coca-Cola Co's current share price is ฿2.92. Coca-Cola Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was ฿0.22. Coca-Cola Co's Cyclically Adjusted PB Ratio for today is 13.27.

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

BKK:KO80' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 5.76   Med: 8.51   Max: 14.21
Current: 13.67

During the past years, Coca-Cola Co's highest Cyclically Adjusted PB Ratio was 14.21. The lowest was 5.76. And the median was 8.51.

BKK:KO80's Cyclically Adjusted PB Ratio is ranked worse than
92.77% of 83 companies
in the Beverages - Non-Alcoholic industry
Industry Median: 2.22 vs BKK:KO80: 13.67

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 adjusted book value per share data for the three months ended in Jun. 2026 was ฿0.276. 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 ฿0.22 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Coca-Cola Co  (BKK:KO80) 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 Co Cyclically Adjusted PB Ratio Related Terms


Coca-Cola Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Coca-Cola Co'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.

Coca-Cola Co Cyclically Adjusted PB Ratio Chart

Coca-Cola Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.06 9.68 9.17 10.01 11.23

Coca-Cola Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 11.35 10.61 11.23 12.00 12.69

BKK:KO80 vs PEP, MNST, KDP: Cyclically Adjusted PB Ratio 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
62GF Score
Coca-Cola Co BKK:KO80
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Coca-Cola Co 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 Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2.92/0.22
=13.27

* 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 Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

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

Adj_Book=Book Value per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=0.276/333.9520*333.9520
=0.276

Current CPI (Jun. 2026) = 333.9520.

Coca-Cola Co Quarterly Data

Book Value per Share CPI Adj_Book
201609 0.210 241.428 0.290
201612 0.192 241.432 0.266
201703 0.187 243.801 0.256
201706 0.175 244.955 0.239
201709 0.172 246.819 0.233
201712 0.131 246.524 0.177
201803 0.144 249.554 0.193
201806 0.140 251.989 0.186
201809 0.140 252.439 0.185
201812 0.130 251.233 0.173
201903 0.132 254.202 0.173
201906 0.132 256.143 0.172
201909 0.133 256.759 0.173
201912 0.134 256.974 0.174
202003 0.136 258.115 0.176
202006 0.127 257.797 0.165
202009 0.136 260.280 0.174
202012 0.135 260.474 0.173
202103 0.145 264.877 0.183
202106 0.162 271.696 0.199
202109 0.170 274.310 0.207
202112 0.178 278.802 0.213
202203 0.191 287.504 0.222
202206 0.186 296.311 0.210
202209 0.195 296.808 0.219
202212 0.194 296.797 0.218
202303 0.201 301.836 0.222
202306 0.210 305.109 0.230
202309 0.218 307.789 0.237
202312 0.211 306.746 0.230
202403 0.221 312.332 0.236
202406 0.220 314.175 0.234
202409 0.205 315.301 0.217
202412 0.197 315.605 0.208
202503 0.206 319.799 0.215
202506 0.216 322.561 0.224
202509 0.232 324.800 0.239
202512 0.236 324.054 0.243
202603 0.252 330.213 0.255
202606 0.276 333.952 0.276

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.

What does a Cyclically Adjusted PB Ratio of 13.27 mean?
Coca-Cola Co (BKK:KO80) has a Cyclically Adjusted PB Ratio of 13.27 as of Sep. 10, 2026. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Coca-Cola Co and its competitors. This is 56% above median its historical median of 8.51. Over the past decade, Coca-Cola Co's Cyclically Adjusted PB Ratio has ranged from 5.76 to 14.21. According to the industry distribution chart, Coca-Cola Co ranks #77 out of 83 companies in the Beverages - Non-Alcoholic industry, placing it in the top 92.8%.
Is Coca-Cola Co's Cyclically Adjusted PB Ratio too high?
Coca-Cola Co's current Cyclically Adjusted PB Ratio of 13.27 is 56% above median its 10-year median of 8.51. Over the past 10 years, this metric has ranged from a low of 5.76 to a high of 14.21. The Beverages - Non-Alcoholic industry median Cyclically Adjusted PB Ratio is 2.22. Coca-Cola Co's value of 13.27 is 497.7% above this industry median. Based on the distribution chart, Coca-Cola Co ranks #77 out of 83 companies in the Beverages - Non-Alcoholic industry, which is in the bottom quartile relative to peers. Overall, Coca-Cola Co has a GF Score™ of 62/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Coca-Cola Co's Cyclically Adjusted PB Ratio compare to PEP and MNST?
According to the Beverages - Non-Alcoholic industry distribution chart, Coca-Cola Co ranks #77 out of 83 companies for Cyclically Adjusted PB Ratio. This places Coca-Cola Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.22. Coca-Cola Co's value of 13.27 is 497.7% above this benchmark. Historically, Coca-Cola Co's own Cyclically Adjusted PB Ratio has ranged from 5.76 to 14.21 over the past decade. While the company's 10-year median is 8.51 vs. the industry median of 2.22, Coca-Cola Co has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PB Ratio for a Beverages - Non-Alcoholic company?
The median Cyclically Adjusted PB Ratio among Beverages - Non-Alcoholic companies is 2.22, based on 83 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Coca-Cola Co's current Cyclically Adjusted PB Ratio of 13.27 is 497.7% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PB Ratio mean?
A high Cyclically Adjusted PB Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Coca-Cola Co and its competitors. For the Beverages - Non-Alcoholic industry, the median Cyclically Adjusted PB Ratio is 2.22 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Coca-Cola Co's current Cyclically Adjusted PB Ratio is 13.27, which is 56% above median its own 10-year median of 8.51. 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 ฿2.45, compared to a current price of ฿2.92 — trading 19.2% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 13.27, which is 56% above median its 10-year median of 8.51 and 497.7% above the Beverages - Non-Alcoholic industry median of 2.22. Coca-Cola Co's overall GF Score™ is 62/100 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 PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For Coca-Cola Co (BKK:KO80), the current Cyclically Adjusted PB Ratio is 13.27 as of Sep. 10, 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 ฿2.92 is trading 19.2% above its estimated GF Value™ of ฿2.45. GuruFocus considers Coca-Cola Co to be Modestly Overvalued.

Key valuation signals for BKK:KO80:

  • Cyclically Adjusted PB Ratio: 13.27 (56% above median its 10-year median of 8.51)
  • GF Value™: ฿2.45 vs. price of ฿2.92 (19.2% above fair value)
  • GF Score™: 62/100 with 6 warning signs
  • Industry Position: 497.7% above the Beverages - Non-Alcoholic median (#77 of 83)

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.
62GF Score

Get the complete analysis for BKK:KO80

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

฿2.92
Price
฿2.45
GF Value