Kofola CeskoSlovensko AS (FRA:48K) Cyclically Adjusted PB Ratio: (As of Aug. 06, 2026)

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FRA:48K Kofola CeskoSlovensko AS FRA:48K
80 GF Score
Price €20.75
GF Value €16.01
Valuation Modestly Overvalued
! 5 Warning Signs
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What is Kofola CeskoSlovensko AS Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Kofola CeskoSlovensko AS  (FRA:48K) 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.


Kofola CeskoSlovensko AS Cyclically Adjusted PB Ratio Related Terms


Kofola CeskoSlovensko AS Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Kofola CeskoSlovensko AS'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.

Kofola CeskoSlovensko AS Cyclically Adjusted PB Ratio Chart

Kofola CeskoSlovensko AS 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 0.00 0.00 2.61 3.86 4.87

Kofola CeskoSlovensko AS Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.00 5.08 0.00 4.87 0.00

FRA:48K vs KO, PEP, MNST: Cyclically Adjusted PB Ratio Comparison

For the Beverages - Non-Alcoholic subindustry, Kofola CeskoSlovensko AS'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.


Kofola CeskoSlovensko AS Cyclically Adjusted PB Ratio vs Beverages - Non-Alcoholic Industry

For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, Kofola CeskoSlovensko AS's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Kofola CeskoSlovensko AS's Cyclically Adjusted PB Ratio falls into.


FRA:48K
80GF Score
Kofola CeskoSlovensko AS FRA:48K
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Kofola CeskoSlovensko AS 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.

Kofola CeskoSlovensko AS's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Kofola CeskoSlovensko AS'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)
=0/330.2130*330.2130
=0.000

Current CPI (Mar. 2026) = 330.2130.

Kofola CeskoSlovensko AS Quarterly Data

Book Value per Share CPI Adj_Book
201606 4.860 241.018 6.659
201609 5.138 241.428 7.027
201612 4.537 241.432 6.205
201703 4.515 243.801 6.115
201706 4.157 244.955 5.604
201709 4.331 246.819 5.794
201712 3.459 246.524 4.633
201803 3.336 249.554 4.414
201806 2.955 251.989 3.872
201809 3.274 252.439 4.283
201812 2.578 251.233 3.388
201903 2.716 254.202 3.528
201906 2.226 256.143 2.870
201909 2.794 256.759 3.593
201912 2.691 256.974 3.458
202003 2.652 258.115 3.393
202006 2.598 257.797 3.328
202009 3.184 260.280 4.039
202012 2.282 260.474 2.893
202103 2.134 264.877 2.660
202106 2.405 271.696 2.923
202109 2.936 274.310 3.534
202112 2.375 278.802 2.813
202203 2.313 287.504 2.657
202206 2.544 296.311 2.835
202209 2.567 296.808 2.856
202212 2.585 296.797 2.876
202303 2.528 301.836 2.766
202306 2.874 305.109 3.110
202309 0.000 307.789 0.000
202312 2.806 306.746 3.021
202403 0.000 312.332 0.000
202406 2.849 314.175 2.994
202409 0.000 315.301 0.000
202412 3.162 315.605 3.308
202503 0.000 319.799 0.000
202506 3.348 322.561 3.427
202509 0.000 324.800 0.000
202512 3.772 324.054 3.844
202603 0.000 330.213 0.000

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.

Is Kofola CeskoSlovensko AS (FRA:48K) Overvalued in 2026?

Based on GuruFocus' analysis, Kofola CeskoSlovensko AS stock appears to be overvalued. The current stock price of €20.75 is trading 29.6% above its estimated GF Value™ of €16.01. GuruFocus considers Kofola CeskoSlovensko AS to be Modestly Overvalued.

Key valuation signals for FRA:48K:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: €16.01 vs. price of €20.75 (29.6% above fair value)
  • GF Score™: 80/100 with 5 warning signs

No single metric tells the full story. See the FRA:48K stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Kofola CeskoSlovensko AS Business Description

Other Exchanges KOFOL:Czech Republic
Address Nad Porubkou 2278/31a, Poruba, Ostrava, CZE, 708 00
Kofola CeskoSlovensko AS is a non-alcoholic beverage producer and distributor. The product lines offered by the company are Carbonated beverages, Non-carbonated beverages, Waters, Syrups, Fresh Bars and Salads, and Others. The company's segments include: Czecho Slovakia, Adriatic, Fresh & Herbs, and Beers & Ciders. It generates the majority of the sales revenue from the CzechoSlovakia segment. The key brands of the company include Kofola, Vinea and Hoop cola, Radenska, Studenac and Rajec, Jupi and Paola, Jupik, Semtex, and UGO. The group operates in the Czech Republic, Slovakia, Poland, Slovenia, Croatia, and other countries, of which key revenue is derived from the Czech Republic.
80GF Score

Get the complete analysis for FRA:48K

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

€20.75
Price
€16.01
GF Value