Coca-Cola HBC AG (WBO:CCH) Cyclically Adjusted PS Ratio: (As of Aug. 10, 2026)

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WBO:CCH Coca-Cola HBC AG WBO:CCH
69 GF Score
Price €57.80
GF Value €38.95
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Coca-Cola HBC AG Cyclically Adjusted PS Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PS Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Coca-Cola HBC AG  (WBO:CCH) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue 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 PS Ratio should give similar results to regular PS Ratio.


Coca-Cola HBC AG Cyclically Adjusted PS Ratio Related Terms


Coca-Cola HBC AG Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Coca-Cola HBC AG's Cyclically Adjusted PS 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 HBC AG Cyclically Adjusted PS Ratio Chart

Coca-Cola HBC AG Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.66 1.20 1.32 1.48 1.93

Coca-Cola HBC AG Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Cyclically Adjusted PS 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 1.32 0.00 1.48 0.00 1.93

WBO:CCH vs KO, PEP, MNST: Cyclically Adjusted PS Ratio Comparison

For the Beverages - Non-Alcoholic subindustry, Coca-Cola HBC AG's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS 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 HBC AG Cyclically Adjusted PS Ratio vs Beverages - Non-Alcoholic Industry

For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, Coca-Cola HBC AG's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Coca-Cola HBC AG's Cyclically Adjusted PS Ratio falls into.


WBO:CCH
69GF Score
Coca-Cola HBC AG WBO:CCH
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Coca-Cola HBC AG Cyclically Adjusted PS Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PS Ratio takes the Revenue per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/S calculation. Because it considers this 10-year average, it's often referred to as the CAPS 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 PS Ratio.

Coca-Cola HBC AG's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec25 is calculated as:

For example, Coca-Cola HBC AG's adjusted Revenue per Share data for the fiscal year that ended in Dec25 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec25 (Change)*Current CPI (Dec25)
=31.942/107.2000*107.2000
=31.942

Current CPI (Dec25) = 107.2000.

Coca-Cola HBC AG Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201612 17.175 99.380 18.527
201712 17.742 100.213 18.979
201812 17.987 100.906 19.109
201912 19.202 101.063 20.368
202012 16.786 100.241 17.951
202112 19.570 101.776 20.613
202212 25.071 104.666 25.678
202312 27.651 106.461 27.843
202412 29.505 107.128 29.525
202512 31.942 107.200 31.942

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue 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 HBC AG (WBO:CCH) Overvalued in 2026?

Based on GuruFocus' analysis, Coca-Cola HBC AG stock appears to be overvalued. The current stock price of €57.80 is trading 48.4% above its estimated GF Value™ of €38.95. GuruFocus considers Coca-Cola HBC AG to be Significantly Overvalued.

Key valuation signals for WBO:CCH:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: €38.95 vs. price of €57.80 (48.4% above fair value)
  • GF Score™: 69/100 with 5 warning signs

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


Coca-Cola HBC AG Business Description

Address Turmstrasse 26, Steinhausen, CHE, CH-6312
Coca-Cola HBC is the third-largest bottling partner in the Coca-Cola system by volume, behind Coca-Cola Femsa and Coca-Cola Europacific Partners. In 2025, CCHBC sold 2.9 billion unit cases of beverages. There is a long tail of Coca-Cola distributors, including brewers and independent operators with very small distribution territories.CCHBC is listed on the London Stock Exchange. Kar-Tess, a Luxembourg-based holding company, owns 23% of the equity of CCHBC, and Coca-Cola holds a further 21%. The remaining 56% is free float.
69GF Score

Get the complete analysis for WBO:CCH

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

€57.80
Price
€38.95
GF Value