Coca-Cola Co (STU:CCC3) Cyclically Adjusted PB Ratio: (As of Jul. 29, 2026)

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STU:CCC3 Coca-Cola Co STU:CCC3
79 GF Score
Price €77.59
GF Value €61.72
Valuation Modestly Overvalued
! 7 Warning Signs
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What is Coca-Cola Co Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Coca-Cola Co  (STU:CCC3) 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.

Coca-Cola Co Cyclically Adjusted PB Ratio Chart

Coca-Cola Co 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 9.06 9.68 9.17 10.01 11.23

Coca-Cola Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 11.35 10.61 11.23 12.00 0.00

STU:CCC3 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.


STU:CCC3
79GF Score
Coca-Cola Co STU:CCC3
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

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 Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Coca-Cola Co's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book=Book Value per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=7.275/333.9520*333.9520
=7.275

Current CPI (Jun. 2026) = 333.9520.

Coca-Cola Co Quarterly Data

Book Value per Share CPI Adj_Book
201609 5.387 241.428 7.451
201612 5.099 241.432 7.053
201703 5.006 243.801 6.857
201706 4.588 244.955 6.255
201709 4.354 246.819 5.891
201712 3.387 246.524 4.588
201803 3.734 249.554 4.997
201806 3.688 251.989 4.888
201809 3.678 252.439 4.866
201812 3.497 251.233 4.648
201903 3.677 254.202 4.831
201906 3.764 256.143 4.907
201909 3.966 256.759 5.158
201912 3.991 256.974 5.187
202003 3.827 258.115 4.951
202006 3.615 257.797 4.683
202009 3.676 260.280 4.716
202012 3.687 260.474 4.727
202103 3.966 264.877 5.000
202106 4.280 271.696 5.261
202109 4.365 274.310 5.314
202112 4.706 278.802 5.637
202203 5.209 287.504 6.051
202206 5.031 296.311 5.670
202209 5.327 296.808 5.994
202212 5.258 296.797 5.916
202303 5.446 301.836 6.025
202306 5.553 305.109 6.078
202309 5.705 307.789 6.190
202312 5.522 306.746 6.012
202403 5.644 312.332 6.035
202406 5.574 314.175 5.925
202409 5.544 315.301 5.872
202412 5.518 315.605 5.839
202503 5.631 319.799 5.880
202506 5.758 322.561 5.961
202509 6.188 324.800 6.362
202512 6.387 324.054 6.582
202603 6.761 330.213 6.838
202606 7.275 333.952 7.275

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 Coca-Cola Co (STU:CCC3) Overvalued in 2026?

Based on GuruFocus' analysis, Coca-Cola Co stock appears to be overvalued. The current stock price of €77.59 is trading 25.7% above its estimated GF Value™ of €61.72. GuruFocus considers Coca-Cola Co to be Modestly Overvalued.

Key valuation signals for STU:CCC3:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: €61.72 vs. price of €77.59 (25.7% above fair value)
  • GF Score™: 79/100 with 7 warning signs

No single metric tells the full story. See the STU:CCC3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


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 60% of its total revenue overseas, with sizable contributions from emerging economies in Latin America and Asia-Pacific.
79GF Score

Get the complete analysis for STU:CCC3

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

€77.59
Price
€61.72
GF Value