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CCOJY (Coca-Cola Bottlers Japan Holdings) Cyclically Adjusted PB Ratio : 0.91 (As of Dec. 15, 2024)


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What is Coca-Cola Bottlers Japan Holdings Cyclically Adjusted PB Ratio?

As of today (2024-12-15), Coca-Cola Bottlers Japan Holdings's current share price is $8.25. Coca-Cola Bottlers Japan Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2024 was $9.07. Coca-Cola Bottlers Japan Holdings's Cyclically Adjusted PB Ratio for today is 0.91.

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

CCOJY' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.46   Med: 0.71   Max: 1.92
Current: 0.86

During the past years, Coca-Cola Bottlers Japan Holdings's highest Cyclically Adjusted PB Ratio was 1.92. The lowest was 0.46. And the median was 0.71.

CCOJY's Cyclically Adjusted PB Ratio is ranked better than
85.53% of 76 companies
in the Beverages - Non-Alcoholic industry
Industry Median: 2.365 vs CCOJY: 0.86

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 Bottlers Japan Holdings's adjusted book value per share data for the three months ended in Jun. 2024 was $8.239. 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 $9.07 for the trailing ten years ended in Jun. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Coca-Cola Bottlers Japan Holdings Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Coca-Cola Bottlers Japan Holdings'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.

* Premium members only.

Coca-Cola Bottlers Japan Holdings Cyclically Adjusted PB Ratio Chart

Coca-Cola Bottlers Japan Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.07 0.62 0.49 0.51 0.71

Coca-Cola Bottlers Japan Holdings Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 0.69 0.71 0.77 0.70 -

Competitive Comparison of Coca-Cola Bottlers Japan Holdings's Cyclically Adjusted PB Ratio

For the Beverages - Non-Alcoholic subindustry, Coca-Cola Bottlers Japan Holdings'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 Bottlers Japan Holdings's Cyclically Adjusted PB Ratio Distribution in the Beverages - Non-Alcoholic Industry

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

* The bar in red indicates where Coca-Cola Bottlers Japan Holdings's Cyclically Adjusted PB Ratio falls into.



Coca-Cola Bottlers Japan Holdings 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 Bottlers Japan Holdings's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=8.25/9.07
=0.91

* 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 Bottlers Japan Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2024 is calculated as:

For example, Coca-Cola Bottlers Japan Holdings's adjusted Book Value per Share data for the three months ended in Jun. 2024 was:

Adj_Book=Book Value per Share/CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=8.239/108.2000*108.2000
=8.239

Current CPI (Jun. 2024) = 108.2000.

Coca-Cola Bottlers Japan Holdings Quarterly Data

Book Value per Share CPI Adj_Book
201409 10.765 98.500 11.825
201412 9.743 97.900 10.768
201503 9.550 97.900 10.555
201506 9.687 98.400 10.652
201509 10.060 98.500 11.051
201512 9.811 98.100 10.821
201603 10.460 97.900 11.560
201606 11.283 98.100 12.445
201609 11.877 98.000 13.113
201612 10.299 98.400 11.325
201703 10.518 98.100 11.601
201706 13.489 98.500 14.817
201709 13.740 98.800 15.047
201712 14.188 99.400 15.444
201803 14.360 99.200 15.663
201806 13.946 99.200 15.211
201809 13.729 99.900 14.870
201812 14.098 99.700 15.300
201903 13.969 99.700 15.160
201906 12.875 99.800 13.959
201909 13.039 100.100 14.094
201912 12.930 100.500 13.921
202003 12.712 100.300 13.713
202006 12.717 99.900 13.774
202009 13.013 99.900 14.094
202012 13.474 99.300 14.682
202103 12.881 99.900 13.951
202106 12.657 99.500 13.764
202109 12.514 100.100 13.527
202112 12.058 100.100 13.034
202203 11.342 101.100 12.139
202206 9.969 101.800 10.596
202209 9.312 103.100 9.773
202212 9.841 104.100 10.229
202303 9.704 104.400 10.057
202306 9.248 105.200 9.512
202309 8.910 106.200 9.078
202312 9.093 106.800 9.212
202403 8.625 107.200 8.705
202406 8.239 108.200 8.239

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.


Coca-Cola Bottlers Japan Holdings  (OTCPK:CCOJY) 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 Bottlers Japan Holdings Cyclically Adjusted PB Ratio Related Terms

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Coca-Cola Bottlers Japan Holdings Business Description

Traded in Other Exchanges
Address
9-7-1 Akasaka, Minato-ku, Tokyo Midtown Tower, Fukuoka, JPN, 107-6211
Coca-Cola Bottlers Japan Holdings Inc is a Japanese soft drinks manufacturer, which operates through licensing agreements with The Coca-Cola Company based in the United States. It functions through two business segments, namely The Cold Beverage segment and The Healthcare and Skincare segment. The Cold Beverage segment by far accounts for most of the company's revenue generating operations. It represents the manufacture and sale of beverages such as sports drinks, tea beverages, sparkling beverages and mineral water. Its secondary business is carried out through the Healthcare and Skincare segment which produces and sells health food and cosmetics.