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Coca-Cola Co (UKEX:KO) Cyclically Adjusted PB Ratio : 9.49 (As of May. 27, 2024)


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What is Coca-Cola Co Cyclically Adjusted PB Ratio?

As of today (2024-05-27), Coca-Cola Co's current share price is ₴2260.00. Coca-Cola Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₴238.26. Coca-Cola Co's Cyclically Adjusted PB Ratio for today is 9.49.

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

UKEX:KO' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 5.76   Med: 7.22   Max: 9.87
Current: 9.61

During the past years, Coca-Cola Co's highest Cyclically Adjusted PB Ratio was 9.87. The lowest was 5.76. And the median was 7.22.

UKEX:KO's Cyclically Adjusted PB Ratio is ranked worse than
87.34% of 79 companies
in the Beverages - Non-Alcoholic industry
Industry Median: 2.33 vs UKEX:KO: 9.61

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 Mar. 2024 was ₴247.348. 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 ₴238.26 for the trailing ten years ended in Mar. 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
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 9.41 9.16 8.55 9.17 9.49

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
=2260.00/238.26
=9.49

* 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 Mar. 2024 is calculated as:

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

Adj_Book=Book Value per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=247.348/131.7762*131.7762
=247.348

Current CPI (Mar. 2024) = 131.7762.

Coca-Cola Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 313.269 100.560 410.517
201409 308.069 100.428 404.232
201412 279.994 99.070 372.430
201503 266.665 99.621 352.738
201506 263.455 100.684 344.813
201509 241.882 100.392 317.500
201512 238.274 99.792 314.642
201603 231.877 100.470 304.128
201606 248.890 101.688 322.533
201609 243.761 101.861 315.350
201612 216.843 101.863 280.522
201703 215.849 102.862 276.523
201706 207.836 103.349 265.003
201709 209.245 104.136 264.785
201712 161.614 104.011 204.756
201803 185.640 105.290 232.340
201806 173.702 106.317 215.298
201809 173.020 106.507 214.070
201812 160.409 105.998 199.420
201903 167.537 107.251 205.849
201906 171.468 108.070 209.082
201909 176.115 108.329 214.233
201912 178.799 108.420 217.316
202003 170.494 108.902 206.306
202006 164.127 108.767 198.847
202009 174.588 109.815 209.503
202012 180.865 109.897 216.873
202103 190.369 111.754 224.475
202106 207.889 114.631 238.982
202109 207.043 115.734 235.741
202112 214.394 117.630 240.178
202203 231.288 121.301 251.261
202206 214.407 125.017 226.000
202209 212.641 125.227 223.763
202212 224.555 125.222 236.309
202303 235.077 127.348 243.252
202306 242.553 128.729 248.295
202309 245.463 129.860 249.086
202312 242.780 129.419 247.201
202403 247.348 131.776 247.348

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  (UKEX: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

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Coca-Cola Co (UKEX:KO) 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 revenues overseas, with a significant portion from emerging economies in Latin America and Asia-Pacific.

Coca-Cola Co (UKEX:KO) Headlines