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Keurig Dr Pepper (Keurig Dr Pepper) Cyclically Adjusted Book per Share : $17.51 (As of Mar. 2024)


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What is Keurig Dr Pepper Cyclically Adjusted Book per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

Keurig Dr Pepper's adjusted book value per share for the three months ended in Mar. 2024 was $18.186. 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 $17.51 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Keurig Dr Pepper's average Cyclically Adjusted Book Growth Rate was -100.00% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 8.20% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 6.80% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Keurig Dr Pepper was 8.20% per year. The lowest was 0.30% per year. And the median was 4.35% per year.

As of today (2024-04-27), Keurig Dr Pepper's current stock price is $33.72. Keurig Dr Pepper's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $17.51. Keurig Dr Pepper's Cyclically Adjusted PB Ratio of today is 1.93.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Keurig Dr Pepper was 9.74. The lowest was 1.62. And the median was 2.34.


Keurig Dr Pepper Cyclically Adjusted Book per Share Historical Data

The historical data trend for Keurig Dr Pepper's Cyclically Adjusted Book per Share 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.

Keurig Dr Pepper Cyclically Adjusted Book per Share Chart

Keurig Dr Pepper Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.31 13.76 15.16 16.53 17.42

Keurig Dr Pepper Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted Book per Share 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 16.90 17.17 17.39 17.42 17.51

Competitive Comparison of Keurig Dr Pepper's Cyclically Adjusted Book per Share

For the Beverages - Non-Alcoholic subindustry, Keurig Dr Pepper'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.


Keurig Dr Pepper's Cyclically Adjusted PB Ratio Distribution in the Beverages - Non-Alcoholic Industry

For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, Keurig Dr Pepper's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Keurig Dr Pepper's Cyclically Adjusted PB Ratio falls into.



Keurig Dr Pepper Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Keurig Dr Pepper'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)
=18.186/129.4194*129.4194
=18.186

Current CPI (Mar. 2024) = 129.4194.

Keurig Dr Pepper Quarterly Data

Book Value per Share CPI Adj_Book
201406 11.604 100.560 14.934
201409 12.151 100.428 15.659
201412 11.889 99.070 15.531
201503 11.547 99.621 15.001
201506 11.848 100.684 15.229
201509 11.617 100.392 14.976
201512 11.621 99.792 15.071
201603 11.313 100.470 14.573
201606 11.553 101.688 14.704
201609 11.584 101.861 14.718
201612 11.654 101.863 14.807
201703 11.932 102.862 15.013
201706 11.827 103.349 14.810
201709 11.786 104.136 14.648
201712 13.636 104.011 16.967
201803 13.794 105.290 16.955
201806 15.098 106.317 18.379
201809 16.049 106.507 19.502
201812 16.027 105.998 19.568
201903 16.119 107.251 19.451
201906 16.267 108.070 19.481
201909 16.288 108.329 19.459
201912 16.531 108.420 19.733
202003 16.090 108.902 19.121
202006 16.290 108.767 19.383
202009 16.554 109.815 19.509
202012 16.933 109.897 19.941
202103 16.983 111.754 19.668
202106 17.103 114.631 19.309
202109 17.212 115.734 19.247
202112 17.609 117.630 19.374
202203 17.985 121.301 19.189
202206 17.931 125.017 18.562
202209 17.724 125.227 18.317
202212 17.840 125.222 18.438
202303 17.883 127.348 18.174
202306 18.088 128.729 18.185
202309 18.139 129.860 18.078
202312 18.466 129.419 18.466
202403 18.186 129.419 18.186

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.


Keurig Dr Pepper  (NAS:KDP) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

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.

Keurig Dr Pepper's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=33.72/17.51
=1.93

* 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Keurig Dr Pepper was 9.74. The lowest was 1.62. And the median was 2.34.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


Keurig Dr Pepper Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of Keurig Dr Pepper's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Keurig Dr Pepper (Keurig Dr Pepper) Business Description

Traded in Other Exchanges
Address
53 South Avenue, Burlington, MA, USA, 01803
Keurig Dr Pepper was established in 2018 following a merger between Keurig Green Mountain Coffee and Dr Pepper Snapple. The company manufactures and distributes coffee systems (including coffee brewers and single-serve coffee pods) under the Keurig and Green Mountain brands, as well as ready-to-drink beverages including flavored (non-cola) sparkling soft drinks under well-known brands such as Dr Pepper, Snapple, and Canada Dry. The company controls production and route to market for its own brands through in-house manufacturing plants and distribution infrastructure and leverages these facilities to manufacture and distribute for third-party coffee and beverage brands via licensing and partnership agreements. U.S. and Canada make up 95% of revenues, with the rest from Mexico.
Executives
Matthew Andrew Archambault officer: President, Commercial 6425 HALL OF FAME LANE, FRISCO TX 75034
Timothy P. Cofer officer: Chief Operating Officer 6425 HALL OF FAME LANE, FRISCO TX 75034
Karin Rotem-wildeman officer: Chief R&D Officer 6425 HALL OF FAME LANE, FRISCO TX 75034
Robert S Singer director 6301 FITCH PATH, NEW ALBANY OH 43054
Anthony Shoemaker officer: Chief Legal Officer 6425 HALL OF FAME LANE, FRISCO TX 75034
Maria A. Sceppaguercio-gever officer: Chief Corp. Affairs Officer 53 SOUTH AVENUE, BURLINGTON MA 01803
Roger Frederick Johnson officer: Chief Supply Chain Officer 53 SOUTH AVENUE, BURLINGTON MA 01803
Sudhanshu Shekhar Priyadarshi officer: Chief Financial Officer 6425 HALL OF FAME LANE, FRISCO TX 75034
Mondelez International, Inc. director 905 WEST FULTON MARKET, SUITE 200, CHICAGO IL 60607
Robert James Gamgort director, officer: CEO & President KEURIG DR PEPPER INC., 6425 HALL OF FAME LANE, FRISCO TX 75034
Larry D Young director, officer: President & CEO 5301 LEGACY DRIVE, PLANO TX 75024
Oray Boston director 6425 HALL OF FAME LANE, FRISCO TX 75034
Maurice Anthony Milikin officer: Chief Supply Chain Officer 6425 HALL OF FAME LANE, FRISCO TX 75034
Georgios Lagoudakis officer: Interim CFO 6425 HALL OF FAME LANE, FRISCO TX 75034
Justin Whitmore officer: Chief Strategy Officer 6425 HALL OF FAME LANE, FRISCO TX 75034