Hokkaido Coca-Cola Bottling Co (TSE:2573) Cyclically Adjusted PB Ratio: 1.28 (As of Aug. 14, 2026) — 66% Above Median

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TSE:2573 Hokkaido Coca-Cola Bottling Co Ltd TSE:2573
61 GF Score
Price 円4,000.00
GF Value 円3,048.89
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is Hokkaido Coca-Cola Bottling Co Cyclically Adjusted PB Ratio?

Hokkaido Coca-Cola Bottling Co TSE:2573 61 Cyclically Adjusted PB Ratio is 1.28 as of Aug. 14, 2026, which is 66% above its 10-year median of 0.77. GuruFocus rates TSE:2573 with a GF Score™ of 61/100 and a GF Value™ of 円3,048.89 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 85 Beverages - Non-Alcoholic companies, Hokkaido Coca-Cola Bottling Co ranks better than 75.29% on this metric.

As of today (2026-08-14), Hokkaido Coca-Cola Bottling Co's current share price is 円4000.00. Hokkaido Coca-Cola Bottling Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was 円3,132.37. Hokkaido Coca-Cola Bottling Co's Cyclically Adjusted PB Ratio for today is 1.28.

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

TSE:2573' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.56   Med: 0.77   Max: 1.37
Current: 1.28

During the past years, Hokkaido Coca-Cola Bottling Co's highest Cyclically Adjusted PB Ratio was 1.37. The lowest was 0.56. And the median was 0.77.

TSE:2573's Cyclically Adjusted PB Ratio is ranked better than
75.29% of 85 companies
in the Beverages - Non-Alcoholic industry
Industry Median: 2.17 vs TSE:2573: 1.28

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.

Hokkaido Coca-Cola Bottling Co's adjusted book value per share data for the three months ended in Mar. 2026 was 円3,183.729. 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 円3,132.37 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Hokkaido Coca-Cola Bottling Co  (TSE:2573) 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.


Hokkaido Coca-Cola Bottling Co Cyclically Adjusted PB Ratio Related Terms


Hokkaido Coca-Cola Bottling Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Hokkaido Coca-Cola Bottling 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.

Hokkaido Coca-Cola Bottling Co Cyclically Adjusted PB Ratio Chart

Hokkaido Coca-Cola Bottling 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 0.76 0.72 0.87 0.92 1.26

Hokkaido Coca-Cola Bottling Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 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 1.09 1.21 1.26 1.32 0.00

TSE:2573 vs KO, PEP, MNST: Cyclically Adjusted PB Ratio Comparison

For the Beverages - Non-Alcoholic subindustry, Hokkaido Coca-Cola Bottling 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.


Hokkaido Coca-Cola Bottling Co Cyclically Adjusted PB Ratio vs Beverages - Non-Alcoholic Industry

For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, Hokkaido Coca-Cola Bottling Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Hokkaido Coca-Cola Bottling Co's Cyclically Adjusted PB Ratio falls into.


TSE:2573
61GF Score
Hokkaido Coca-Cola Bottling Co Ltd TSE:2573
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hokkaido Coca-Cola Bottling 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.

Hokkaido Coca-Cola Bottling Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=4000.00/3132.37
=1.28

* 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.

Hokkaido Coca-Cola Bottling Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Hokkaido Coca-Cola Bottling Co'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)
=3183.729/112.7000*112.7000
=3,183.729

Current CPI (Mar. 2026) = 112.7000.

Hokkaido Coca-Cola Bottling Co Quarterly Data

Book Value per Share CPI Adj_Book
201603 2,489.220 97.900 2,865.527
201606 2,525.152 98.100 2,900.965
201609 2,575.594 98.000 2,961.933
201612 2,567.449 98.400 2,940.564
201703 2,577.784 98.100 2,961.430
201706 2,608.377 98.500 2,984.407
201709 2,658.545 98.800 3,032.571
201712 2,716.906 99.400 3,080.436
201803 2,713.963 99.200 3,083.303
201806 2,750.992 99.200 3,125.371
201809 2,782.409 99.900 3,138.914
201812 2,722.979 99.700 3,078.031
201903 2,706.072 99.700 3,058.920
201906 2,739.270 99.800 3,093.344
201909 2,779.656 100.100 3,129.543
201912 2,835.581 100.500 3,179.801
202003 2,816.894 100.300 3,165.144
202006 2,814.087 99.900 3,174.651
202009 2,848.997 99.900 3,214.034
202012 2,856.996 99.300 3,242.532
202103 2,834.474 99.900 3,197.650
202106 2,851.451 99.500 3,229.734
202109 2,877.807 100.100 3,240.048
202112 2,971.267 100.100 3,345.273
202203 2,923.280 101.100 3,258.691
202206 2,960.024 101.800 3,276.962
202209 2,968.180 103.100 3,244.558
202212 2,927.322 104.100 3,169.156
202303 2,892.196 104.400 3,122.131
202306 2,939.668 105.200 3,149.245
202309 2,985.009 106.200 3,167.707
202312 3,002.278 106.800 3,168.134
202403 3,000.000 107.200 3,153.918
202406 3,040.861 108.200 3,167.329
202412 3,095.245 110.700 3,151.166
202503 3,089.807 111.100 3,134.305
202506 3,130.154 111.700 3,158.177
202509 3,166.826 112.000 3,186.619
202512 3,187.183 113.000 3,178.721
202603 3,183.729 112.700 3,183.729

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.

What does a Cyclically Adjusted PB Ratio of 1.28 mean?
Hokkaido Coca-Cola Bottling Co (TSE:2573) has a Cyclically Adjusted PB Ratio of 1.28 as of Aug. 14, 2026. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Hokkaido Coca-Cola Bottling Co and its competitors. This is 66% above median its historical median of 0.77. Over the past decade, Hokkaido Coca-Cola Bottling Co's Cyclically Adjusted PB Ratio has ranged from 0.56 to 1.37. According to the industry distribution chart, Hokkaido Coca-Cola Bottling Co ranks #21 out of 85 companies in the Beverages - Non-Alcoholic industry, placing it in the top 24.7%.
Is Hokkaido Coca-Cola Bottling Co's Cyclically Adjusted PB Ratio too high?
Hokkaido Coca-Cola Bottling Co's current Cyclically Adjusted PB Ratio of 1.28 is 66% above median its 10-year median of 0.77. Over the past 10 years, this metric has ranged from a low of 0.56 to a high of 1.37. The Beverages - Non-Alcoholic industry median Cyclically Adjusted PB Ratio is 2.17. Hokkaido Coca-Cola Bottling Co's value of 1.28 is 41% below this industry median. Based on the distribution chart, Hokkaido Coca-Cola Bottling Co ranks #21 out of 85 companies in the Beverages - Non-Alcoholic industry, which is in the top quartile — a strong position relative to peers. Overall, Hokkaido Coca-Cola Bottling Co has a GF Score™ of 61/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hokkaido Coca-Cola Bottling Co's Cyclically Adjusted PB Ratio compare to KO and PEP?
According to the Beverages - Non-Alcoholic industry distribution chart, Hokkaido Coca-Cola Bottling Co ranks #21 out of 85 companies for Cyclically Adjusted PB Ratio. This places Hokkaido Coca-Cola Bottling Co in the top 25% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 2.17. Hokkaido Coca-Cola Bottling Co's value of 1.28 is 41% below this benchmark. Historically, Hokkaido Coca-Cola Bottling Co's own Cyclically Adjusted PB Ratio has ranged from 0.56 to 1.37 over the past decade. While the company's 10-year median is 0.77 vs. the industry median of 2.17, Hokkaido Coca-Cola Bottling Co has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PB Ratio for a Beverages - Non-Alcoholic company?
The median Cyclically Adjusted PB Ratio among Beverages - Non-Alcoholic companies is 2.17, based on 85 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Hokkaido Coca-Cola Bottling Co's current Cyclically Adjusted PB Ratio of 1.28 is 41% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PB Ratio mean?
A high Cyclically Adjusted PB Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Hokkaido Coca-Cola Bottling Co and its competitors. For the Beverages - Non-Alcoholic industry, the median Cyclically Adjusted PB Ratio is 2.17 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hokkaido Coca-Cola Bottling Co's current Cyclically Adjusted PB Ratio is 1.28, which is 66% above median its own 10-year median of 0.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hokkaido Coca-Cola Bottling Co stock overvalued right now?
Based on GuruFocus' analysis, Hokkaido Coca-Cola Bottling Co (TSE:2573) is currently considered Significantly Overvalued. The stock's GF Value™ is 円3,048.89, compared to a current price of 円4,000.00 — trading 31.2% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.28, which is 66% above median its 10-year median of 0.77 and 41% below the Beverages - Non-Alcoholic industry median of 2.17. Hokkaido Coca-Cola Bottling Co's overall GF Score™ is 61/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For Hokkaido Coca-Cola Bottling Co (TSE:2573), the current Cyclically Adjusted PB Ratio is 1.28 as of Aug. 14, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Hokkaido Coca-Cola Bottling Co (TSE:2573) Overvalued in 2026?

Based on GuruFocus' analysis, Hokkaido Coca-Cola Bottling Co stock appears to be overvalued. The current stock price of 円4,000.00 is trading 31.2% above its estimated GF Value™ of 円3,048.89. GuruFocus considers Hokkaido Coca-Cola Bottling Co to be Significantly Overvalued.

Key valuation signals for TSE:2573:

  • Cyclically Adjusted PB Ratio: 1.28 (66% above median its 10-year median of 0.77)
  • GF Value™: 円3,048.89 vs. price of 円4,000.00 (31.2% above fair value)
  • GF Score™: 61/100 with 3 warning signs
  • Industry Position: 41% below the Beverages - Non-Alcoholic median (#21 of 85)

No single metric tells the full story. See the TSE:2573 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hokkaido Coca-Cola Bottling Co Business Description

Address 1-2-1 Kiyota-Ichijo, Kiyota Ward, Sapporo, JPN, 004-8588
Hokkaido Coca-Cola Bottling Co Ltd manufactures and sells soft drinks in Hokkaido, Japan.
61GF Score

Get the complete analysis for TSE:2573

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

円4,000.00
Price
円3,048.89
GF Value