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Monster Beverage (LIM:MNST) Cyclically Adjusted PB Ratio : (As of May. 06, 2024)


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What is Monster Beverage Cyclically Adjusted PB Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PB Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Monster Beverage Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Monster Beverage'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.

Monster Beverage Cyclically Adjusted PB Ratio Chart

Monster Beverage 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 13.92 17.40 14.46 12.45 11.87

Monster Beverage Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 12.56 12.75 11.26 11.87 -

Competitive Comparison of Monster Beverage's Cyclically Adjusted PB Ratio

For the Beverages - Non-Alcoholic subindustry, Monster Beverage'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.


Monster Beverage's Cyclically Adjusted PB Ratio Distribution in the Beverages - Non-Alcoholic Industry

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

* The bar in red indicates where Monster Beverage's Cyclically Adjusted PB Ratio falls into.



Monster Beverage 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.

Monster Beverage's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Monster Beverage's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book=Book Value per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=15.536/129.4194*129.4194
=15.536

Current CPI (Dec. 2023) = 129.4194.

Monster Beverage Quarterly Data

Book Value per Share CPI Adj_Book
201403 2.200 99.695 2.856
201406 2.504 100.560 3.223
201409 2.757 100.428 3.553
201412 3.011 99.070 3.933
201503 2.876 99.621 3.736
201506 7.875 100.684 10.123
201509 7.653 100.392 9.866
201512 7.901 99.792 10.247
201603 8.195 100.470 10.556
201606 5.591 101.688 7.116
201609 5.949 101.861 7.558
201612 5.877 101.863 7.467
201703 6.218 102.862 7.823
201706 6.647 103.349 8.324
201709 6.682 104.136 8.304
201712 6.878 104.011 8.558
201803 6.889 105.290 8.468
201806 6.526 106.317 7.944
201809 7.041 106.507 8.556
201812 6.642 105.998 8.110
201903 6.805 107.251 8.212
201906 7.448 108.070 8.919
201909 7.599 108.329 9.078
201912 7.772 108.420 9.277
202003 7.347 108.902 8.731
202006 8.005 108.767 9.525
202009 8.769 109.815 10.334
202012 9.773 109.897 11.509
202103 10.331 111.754 11.964
202106 11.167 114.631 12.608
202109 11.802 115.734 13.198
202112 12.406 117.630 13.649
202203 12.964 121.301 13.832
202206 12.856 125.017 13.309
202209 12.868 125.227 13.299
202212 13.263 125.222 13.708
202303 13.962 127.348 14.189
202306 14.805 128.729 14.884
202309 14.864 129.860 14.814
202312 15.536 129.419 15.536

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.


Monster Beverage  (LIM:MNST) 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.


Monster Beverage Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of Monster Beverage's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Monster Beverage (LIM:MNST) Business Description

Address
1 Monster Way, Corona, CA, USA, 92879
Monster Beverage is a leader in the energy drink subsegment of the nonalcoholic beverage market, generating two thirds of revenue in the U.S. and Canada. The well-known Monster trademark includes brands such as Monster Energy, Monster Ultra, Java Monster, and Juice Monster. The firm also owns other energy drink brands, such as Reign, NOS, Burn, and Mother, and brews and distributes beers and flavored malt beverages following the acquisition of a craft brewer in 2022. Monster controls branding and innovation but outsources beverage manufacturing and packaging to copackers and finished goods distribution to bottlers in the global Coca-Cola system (pursuant to a 20-year agreement inked in 2015). Coke is the largest shareholder of Monster with a 19.5% stake.

Monster Beverage (LIM:MNST) Headlines

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