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Coca-Cola Co (MEX:KO) Cyclically Adjusted PB Ratio : 10.27 (As of Dec. 14, 2024)


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What is Coca-Cola Co Cyclically Adjusted PB Ratio?

As of today (2024-12-14), Coca-Cola Co's current share price is MXN1275.45. Coca-Cola Co's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 was MXN124.25. Coca-Cola Co's Cyclically Adjusted PB Ratio for today is 10.27.

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

MEX:KO' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 5.76   Med: 7.53   Max: 11.36
Current: 10.12

During the past years, Coca-Cola Co's highest Cyclically Adjusted PB Ratio was 11.36. The lowest was 5.76. And the median was 7.53.

MEX:KO's Cyclically Adjusted PB Ratio is ranked worse than
92.11% of 76 companies
in the Beverages - Non-Alcoholic industry
Industry Median: 2.365 vs MEX:KO: 10.12

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 Sep. 2024 was MXN121.148. 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 MXN124.25 for the trailing ten years ended in Sep. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Coca-Cola Co Cyclically Adjusted PB Ratio Historical Data

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.

* Premium members only.

Coca-Cola Co Cyclically Adjusted PB Ratio Chart

Coca-Cola Co 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 8.33 8.49 9.06 9.68 9.17

Coca-Cola Co 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 8.55 9.17 9.49 9.97 11.40

Competitive Comparison of Coca-Cola Co's Cyclically Adjusted PB Ratio

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's Cyclically Adjusted PB Ratio Distribution in the 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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1275.45/124.25
=10.27

* 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 Sep. 2024 is calculated as:

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

Adj_Book=Book Value per Share/CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=121.148/133.0289*133.0289
=121.148

Current CPI (Sep. 2024) = 133.0289.

Coca-Cola Co Quarterly Data

Book Value per Share CPI Adj_Book
201412 102.432 99.070 137.544
201503 100.830 99.621 134.643
201506 102.526 100.684 135.463
201509 101.376 100.392 134.333
201512 101.619 99.792 135.464
201603 99.000 100.470 131.082
201606 114.163 101.688 149.349
201609 116.901 101.861 152.671
201612 110.884 101.863 144.810
201703 100.803 102.862 130.366
201706 93.179 103.349 119.938
201709 94.185 104.136 120.317
201712 78.724 104.011 100.687
201803 83.650 105.290 105.688
201806 84.655 106.317 105.925
201809 80.270 106.507 100.259
201812 78.119 105.998 98.040
201903 80.605 107.251 99.979
201906 81.693 108.070 100.561
201909 86.235 108.329 105.897
201912 83.638 108.420 102.622
202003 99.154 108.902 121.122
202006 93.962 108.767 114.921
202009 95.659 109.815 115.881
202012 89.234 109.897 108.017
202103 96.515 111.754 114.888
202106 102.639 114.631 119.112
202109 105.590 115.734 121.369
202112 109.084 117.630 123.365
202203 114.220 121.301 125.263
202206 106.984 125.017 113.840
202209 106.088 125.227 112.698
202212 108.584 125.222 115.354
202303 105.095 127.348 109.783
202306 103.137 128.729 106.582
202309 106.048 129.860 108.636
202312 102.212 129.419 105.063
202403 101.816 131.776 102.784
202406 109.917 132.554 110.311
202409 121.148 133.029 121.148

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 Co  (MEX:KO) 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

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


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 two thirds of its total revenue overseas, with a significant portion from emerging economies in Latin America and Asia-Pacific.