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Coca-Cola CoBSP:COCA34 -1.36%68 Cyclically Adjusted PB Ratio is 2.88 as of Sep. 16, 2026, which is 66% below its 10-year median of 8.51. GuruFocus rates BSP:COCA34 with a GF Score™ of 68/100 and a GF Value™ of R$62.21 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 85 Beverages - Non-Alcoholic companies, Coca-Cola Co ranks worse than 92.94% on this metric.
The historical rank and industry rank for Coca-Cola Co's Cyclically Adjusted PB Ratio or its related term are showing as below:
BSP:COCA34'
s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 5.76 Med: 8.51 Max: 14.21
Current: 13.78
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.
BSP:COCA34's Cyclically Adjusted PB Ratio is ranked worse than 92.94% of 85
companies
in the Beverages - Non-Alcoholic industry
Industry Median: 2.27
vs BSP:COCA34: 13.78
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 R$46.088. 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 R$26.26 for the trailing ten years ended in Jun. 2026.
Shiller PE for Stocks: The True Measure of Stock Valuation
Coca-Cola Co (BSP:COCA34) 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.
BSP:COCA34 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.
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
* 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.
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 2.88 mean?
Coca-Cola Co (BSP:COCA34) has a Cyclically Adjusted PB Ratio of 2.88 as of Sep. 16, 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 66% below 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 #79 out of 85 companies in the Beverages - Non-Alcoholic industry, placing it in the top 92.9%.
Is Coca-Cola Co's Cyclically Adjusted PB Ratio too high?
Coca-Cola Co's current Cyclically Adjusted PB Ratio of 2.88 is 66% below 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 2.27. Coca-Cola Co's value of 2.88 is 26.9% above this industry median. Based on the distribution chart, Coca-Cola Co ranks #79 out of 85 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 68/100 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 #79 out of 85 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 2.27. Coca-Cola Co's value of 2.88 is 26.9% 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 2.27, 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 2.27, based on 85 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 2.88 is 26.9% 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 2.27 — 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 2.88, which is 66% below 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 (BSP:COCA34) is currently considered Modestly Overvalued. The stock's GF Value™ is R$62.21, compared to a current price of R$75.70 — trading 21.7% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.88, which is 66% below median its 10-year median of 8.51 and 26.9% above the Beverages - Non-Alcoholic industry median of 2.27. Coca-Cola Co's overall GF Score™ is 68/100 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 (BSP:COCA34), the current Cyclically Adjusted PB Ratio is 2.88 as of Sep. 16, 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 (BSP:COCA34) Overvalued in 2026?
Based on GuruFocus' analysis, Coca-Cola Co stock appears to be overvalued.
The current stock price of R$75.70 is trading 21.7% above its estimated GF Value™ of R$62.21.
GuruFocus considers Coca-Cola Co to be Modestly Overvalued.
Key valuation signals for BSP:COCA34:
Cyclically Adjusted PB Ratio: 2.88 (66% below median its 10-year median of 8.51)
GF Value™: R$62.21 vs. price of R$75.70 (21.7% above fair value)
Industry Position: 26.9% above the Beverages - Non-Alcoholic median (#79 of 85)
No single metric tells the full story. See the BSP:COCA34 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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.
68GF Score
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Cyclically Adjusted PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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