Coca-Cola Bottlers Japan Holdings (TSE:2579) Cyclically Adjusted PB Ratio: 1.30 (As of Aug. 03, 2026) — 67% Above Median

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TSE:2579 Coca-Cola Bottlers Japan Holdings Inc TSE:2579
55 GF Score
Price 円3,871.00
GF Value 円2,564.11
Valuation Significantly Overvalued
! 1 Warning Sign
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What is Coca-Cola Bottlers Japan Holdings Cyclically Adjusted PB Ratio?

Coca-Cola Bottlers Japan Holdings TSE:2579 +1.12% 55 Cyclically Adjusted PB Ratio is 1.30 as of Aug. 03, 2026, which is 67% above its 10-year median of 0.78. GuruFocus rates TSE:2579 with a GF Score™ of 55/100 and a GF Value™ of 円2,564.11 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 85 Beverages - Non-Alcoholic companies, Coca-Cola Bottlers Japan Holdings ranks better than 74.12% on this metric.

As of today (2026-08-03), Coca-Cola Bottlers Japan Holdings's current share price is 円3871.00. Coca-Cola Bottlers Japan Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was 円2,982.20. Coca-Cola Bottlers Japan Holdings's Cyclically Adjusted PB Ratio for today is 1.30.

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

TSE:2579' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.46   Med: 0.78   Max: 1.91
Current: 1.28

During the past years, Coca-Cola Bottlers Japan Holdings's highest Cyclically Adjusted PB Ratio was 1.91. The lowest was 0.46. And the median was 0.78.

TSE:2579's Cyclically Adjusted PB Ratio is ranked better than
74.12% of 85 companies
in the Beverages - Non-Alcoholic industry
Industry Median: 2.12 vs TSE:2579: 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.

Coca-Cola Bottlers Japan Holdings's adjusted book value per share data for the three months ended in Jun. 2026 was 円2,256.914. 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2,982.20 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Coca-Cola Bottlers Japan Holdings  (TSE:2579) 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 Bottlers Japan Holdings Cyclically Adjusted PB Ratio Related Terms


Coca-Cola Bottlers Japan Holdings Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Coca-Cola Bottlers Japan Holdings'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 Bottlers Japan Holdings Cyclically Adjusted PB Ratio Chart

Coca-Cola Bottlers Japan Holdings 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 0.49 0.51 0.71 0.84 1.06

Coca-Cola Bottlers Japan Holdings 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 0.78 0.89 1.06 1.21 1.44

TSE:2579 vs KO, PEP, MNST: Cyclically Adjusted PB Ratio Comparison

For the Beverages - Non-Alcoholic subindustry, Coca-Cola Bottlers Japan Holdings'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 Bottlers Japan Holdings Cyclically Adjusted PB Ratio vs Beverages - Non-Alcoholic Industry

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

* The bar in red indicates where Coca-Cola Bottlers Japan Holdings's Cyclically Adjusted PB Ratio falls into.


TSE:2579
55GF Score
Coca-Cola Bottlers Japan Holdings Inc TSE:2579
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Coca-Cola Bottlers Japan Holdings 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 Bottlers Japan Holdings's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=3871.00/2982.20
=1.30

* 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 Bottlers Japan Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Coca-Cola Bottlers Japan Holdings'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)
=2256.914/113.6000*113.6000
=2,256.914

Current CPI (Jun. 2026) = 113.6000.

Coca-Cola Bottlers Japan Holdings Quarterly Data

Book Value per Share CPI Adj_Book
201609 2,417.812 98.000 2,802.688
201612 2,389.263 98.400 2,758.336
201703 2,375.189 98.100 2,750.474
201706 2,992.192 98.500 3,450.894
201709 3,044.111 98.800 3,500.111
201712 3,204.887 99.400 3,662.728
201803 3,045.655 99.200 3,487.766
201806 3,069.962 99.200 3,515.602
201809 3,077.911 99.900 3,500.007
201812 3,163.618 99.700 3,604.684
201903 3,105.116 99.700 3,538.026
201906 2,782.692 99.800 3,167.473
201909 2,804.476 100.100 3,182.702
201912 2,821.262 100.500 3,189.009
202003 2,737.293 100.300 3,100.264
202006 2,736.044 99.900 3,111.257
202009 2,748.004 99.900 3,124.857
202012 2,797.021 99.300 3,199.815
202103 2,800.306 99.900 3,184.332
202106 2,787.164 99.500 3,182.129
202109 2,757.211 100.100 3,129.063
202112 2,745.116 100.100 3,115.336
202203 2,689.686 101.100 3,022.239
202206 2,670.856 101.800 2,980.444
202209 2,668.386 103.100 2,940.142
202212 2,655.381 104.100 2,897.707
202303 2,594.168 104.400 2,822.773
202306 2,614.698 105.200 2,823.476
202309 2,634.577 106.200 2,818.154
202312 2,618.495 106.800 2,785.216
202403 2,584.367 107.200 2,738.658
202406 2,601.266 108.200 2,731.089
202409 2,633.974 108.900 2,747.653
202412 2,623.613 110.700 2,692.344
202503 2,560.469 111.100 2,618.085
202506 2,218.294 111.700 2,256.027
202509 2,293.725 112.000 2,326.493
202512 2,292.456 113.000 2,304.628
202603 2,250.282 112.700 2,268.252
202606 2,256.914 113.600 2,256.914

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 1.30 mean?
Coca-Cola Bottlers Japan Holdings (TSE:2579) has a Cyclically Adjusted PB Ratio of 1.30 as of Aug. 03, 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 Coca-Cola Bottlers Japan Holdings and its competitors. This is 67% above median its historical median of 0.78. Over the past decade, Coca-Cola Bottlers Japan Holdings' Cyclically Adjusted PB Ratio has ranged from 0.46 to 1.91. According to the industry distribution chart, Coca-Cola Bottlers Japan Holdings ranks #22 out of 85 companies in the Beverages - Non-Alcoholic industry, placing it in the top 25.9%.
Is Coca-Cola Bottlers Japan Holdings' Cyclically Adjusted PB Ratio too high?
Coca-Cola Bottlers Japan Holdings' current Cyclically Adjusted PB Ratio of 1.30 is 67% above median its 10-year median of 0.78. Over the past 10 years, this metric has ranged from a low of 0.46 to a high of 1.91. The Beverages - Non-Alcoholic industry median Cyclically Adjusted PB Ratio is 2.12. Coca-Cola Bottlers Japan Holdings' value of 1.30 is 38.7% below this industry median. Based on the distribution chart, Coca-Cola Bottlers Japan Holdings ranks #22 out of 85 companies in the Beverages - Non-Alcoholic industry, which is above the industry midpoint. Overall, Coca-Cola Bottlers Japan Holdings has a GF Score™ of 55/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Coca-Cola Bottlers Japan Holdings' Cyclically Adjusted PB Ratio compare to KO and PEP?
According to the Beverages - Non-Alcoholic industry distribution chart, Coca-Cola Bottlers Japan Holdings ranks #22 out of 85 companies for Cyclically Adjusted PB Ratio. This puts Coca-Cola Bottlers Japan Holdings in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.12. Coca-Cola Bottlers Japan Holdings' value of 1.30 is 38.7% below this benchmark. Historically, Coca-Cola Bottlers Japan Holdings' own Cyclically Adjusted PB Ratio has ranged from 0.46 to 1.91 over the past decade. While the company's 10-year median is 0.78 vs. the industry median of 2.12, Coca-Cola Bottlers Japan Holdings 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 2.12, 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. Coca-Cola Bottlers Japan Holdings's current Cyclically Adjusted PB Ratio of 1.30 is 38.7% 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 Coca-Cola Bottlers Japan Holdings and its competitors. For the Beverages - Non-Alcoholic industry, the median Cyclically Adjusted PB Ratio is 2.12 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Coca-Cola Bottlers Japan Holdings's current Cyclically Adjusted PB Ratio is 1.30, which is 67% above median its own 10-year median of 0.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Coca-Cola Bottlers Japan Holdings stock overvalued right now?
Based on GuruFocus' analysis, Coca-Cola Bottlers Japan Holdings (TSE:2579) is currently considered Significantly Overvalued. The stock's GF Value™ is 円2,564.11, compared to a current price of 円3,871.00 — trading 51% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.30, which is 67% above median its 10-year median of 0.78 and 38.7% below the Beverages - Non-Alcoholic industry median of 2.12. Coca-Cola Bottlers Japan Holdings' overall GF Score™ is 55/100 with 1 warning sign 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 Coca-Cola Bottlers Japan Holdings (TSE:2579), the current Cyclically Adjusted PB Ratio is 1.30 as of Aug. 03, 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 Coca-Cola Bottlers Japan Holdings (TSE:2579) Overvalued in 2026?

Based on GuruFocus' analysis, Coca-Cola Bottlers Japan Holdings stock appears to be overvalued. The current stock price of 円3,871.00 is trading 51% above its estimated GF Value™ of 円2,564.11. GuruFocus considers Coca-Cola Bottlers Japan Holdings to be Significantly Overvalued.

Key valuation signals for TSE:2579:

  • Cyclically Adjusted PB Ratio: 1.30 (67% above median its 10-year median of 0.78)
  • GF Value™: 円2,564.11 vs. price of 円3,871.00 (51% above fair value)
  • GF Score™: 55/100 with 1 warning sign
  • Industry Position: 38.7% below the Beverages - Non-Alcoholic median (#22 of 85)

No single metric tells the full story. See the TSE:2579 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Coca-Cola Bottlers Japan Holdings Business Description

Other Exchanges CCOJY:USACCW:Germany
Address 9-7-1 Akasaka, Midtown Tower, Minato-ku, Tokyo, JPN, 107-6211
Coca-Cola Bottlers Japan Holdings Inc is a Japanese soft drinks manufacturer that operates through licensing agreements with The Coca-Cola Company, based in the United States. The company operates through a single segment, the Beverage business, which is engaged in manufacturing and selling carbonated beverages such as Coca-Cola, coffee drinks, tea-based beverages, mineral water, alcohol, etc., in Japan.
55GF Score

Get the complete analysis for TSE:2579

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

円3,871.00
Price
円2,564.11
GF Value