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TAP (Molson Coors Beverage Co) Cyclically Adjusted PB Ratio : 0.78 (As of May. 25, 2025)


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What is Molson Coors Beverage Co Cyclically Adjusted PB Ratio?

As of today (2025-05-25), Molson Coors Beverage Co's current share price is $54.01. Molson Coors Beverage Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was $68.98. Molson Coors Beverage Co's Cyclically Adjusted PB Ratio for today is 0.78.

The historical rank and industry rank for Molson Coors Beverage Co's Cyclically Adjusted PB Ratio or its related term are showing as below:

TAP' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.61   Med: 1.01   Max: 2.51
Current: 0.78

During the past years, Molson Coors Beverage Co's highest Cyclically Adjusted PB Ratio was 2.51. The lowest was 0.61. And the median was 1.01.

TAP's Cyclically Adjusted PB Ratio is ranked better than
77.71% of 157 companies
in the Beverages - Alcoholic industry
Industry Median: 1.82 vs TAP: 0.78

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.

Molson Coors Beverage Co's adjusted book value per share data for the three months ended in Mar. 2025 was $64.630. 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 $68.98 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Molson Coors Beverage Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Molson Coors Beverage 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.

Molson Coors Beverage Co Cyclically Adjusted PB Ratio Chart

Molson Coors Beverage Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.83 0.79 0.81 0.93 0.85

Molson Coors Beverage Co Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 1.01 0.76 0.85 0.85 0.88

Competitive Comparison of Molson Coors Beverage Co's Cyclically Adjusted PB Ratio

For the Beverages - Brewers subindustry, Molson Coors Beverage 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.


Molson Coors Beverage Co's Cyclically Adjusted PB Ratio Distribution in the Beverages - Alcoholic Industry

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

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


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Molson Coors Beverage 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.

Molson Coors Beverage Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=54.01/68.98
=0.78

* 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.

Molson Coors Beverage Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Molson Coors Beverage Co's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book=Book Value per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=64.63/134.9266*134.9266
=64.630

Current CPI (Mar. 2025) = 134.9266.

Molson Coors Beverage Co Quarterly Data

Book Value per Share CPI Adj_Book
201506 40.964 100.684 54.896
201509 39.170 100.392 52.645
201512 38.173 99.792 51.613
201603 46.105 100.470 61.917
201606 45.867 101.688 60.859
201609 46.159 101.861 61.143
201612 53.135 101.863 70.382
201703 53.870 102.862 70.662
201706 56.182 103.349 73.348
201709 57.977 104.136 75.120
201712 60.253 104.011 78.162
201803 62.321 105.290 79.863
201806 62.913 106.317 79.843
201809 64.245 106.507 81.388
201812 62.526 105.998 79.590
201903 60.413 107.251 76.003
201906 64.260 108.070 80.230
201909 60.853 108.329 75.794
201912 62.037 108.420 77.204
202003 58.595 108.902 72.598
202006 60.029 108.767 74.466
202009 62.357 109.815 76.616
202012 57.065 109.897 70.062
202103 57.999 111.754 70.025
202106 59.865 114.631 70.464
202109 61.206 115.734 71.356
202112 61.830 117.630 70.922
202203 62.359 121.301 69.364
202206 61.711 125.017 66.603
202209 60.833 125.227 65.545
202212 58.667 125.222 63.214
202303 58.699 127.348 62.192
202306 60.272 128.729 63.174
202309 61.381 129.860 63.776
202312 61.866 129.419 64.499
202403 61.857 131.776 63.336
202406 63.515 132.554 64.652
202409 64.644 133.029 65.566
202412 64.448 133.157 65.304
202503 64.630 134.927 64.630

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.


Molson Coors Beverage Co  (NYSE:TAP) 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.


Molson Coors Beverage Co Cyclically Adjusted PB Ratio Related Terms

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


Molson Coors Beverage Co Business Description

Address
BC555, P.O. Box 4030, Golden, CO, USA, 80401
Molson Coors owns well-known beer brands including Miller, Coors, Blue Moon, and Carling and ranks as the second-largest beer maker in both value and volume terms in the US, Canada, and the United Kingdom. Through licensing agreements, the firm also brews and distributes beer and hard seltzer under partner brands from Heineken, Anheuser-Busch InBev, Asahi, and Coca-Cola. The brewer uses independent distributors in the US, given the three-tier distribution requirements, while using a combination of distributors and an in-house sales team in Canada and Europe. North America remains its largest market, contributing over 80% of total revenue.
Executives
Tracey Joubert officer: Chief Financial Officer 1801 CALIFORNIA STREET, SUITE 4600, DENVER CO 80202
Winnefeld James A Jr director 870 WINTER STREET, WALTHAM MA 02451
Natalie G. Maciolek officer: Chief Legal & Govt Affairs Off 3939 W HIGHLAND BLVD, MILWAUKEE WI 53208
Geoffrey E. Molson director 1801 CALIFORNIA STREET, SUITE 4600, DENVER CO 80202
Williams Leroy James Jr director 10 LONGS PEAK DRIVE, BROOMFIELD CO 80021-2510
Anne-marie W D'angelo officer: Chief Legal & Govt Affairs Off 801 E. 86TH AVENUE, MERRILLVILLE IN 46410
Louis Vachon director 1155 METCALFE STREET, MONTREAL QUEBEC CANADA E6 0000
Julia M Brown director C/O ABLE BRANDS CO., 30 HUDSON YARDS, NEW YORK NY 10001
Simon Cox officer: Pres&CEO, Molson Coors Europe 1801 CALIFORNIA STREET, SUITE 4600, DENVER CO 80202
Roxanne Stelter officer: VP,Controller & Chf Acct Off 3939 W HIGHLAND BLVD, MILWAUKEE WI 53208
Andrew Thomas Molson director 1801 CALIFORNIA STREET, SUITE 4600, DENVER CO 80202
David S. Coors director P.O. BOX 4030, NH353, GOLDEN CO 80401
Nessa O'sullivan director P.O. BOX 4030, NH353, GOLDEN CO 80401
Peter H Coors director, other: Chairman of the Board 1801 CALIFORNIA STREET, SUITE 4600, DENVER CO 80202
Peter John Marino officer: President of Emerging Growth 250 SOUTH WACKER DRIVE, CHICAGO IL 60606