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Coca-Cola FemsaB de CV (Coca-Cola FemsaB de CV) Cyclically Adjusted PB Ratio : (As of Apr. 27, 2024)


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What is Coca-Cola FemsaB de CV Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Coca-Cola FemsaB de CV Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Coca-Cola FemsaB de CV'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.

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Coca-Cola FemsaB de CV Cyclically Adjusted PB Ratio Chart

Coca-Cola FemsaB de CV 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 1.53 1.09 1.35 1.73 2.39

Coca-Cola FemsaB de CV 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 - 2.09 1.93 2.39 -

Competitive Comparison of Coca-Cola FemsaB de CV's Cyclically Adjusted PB Ratio

For the Beverages - Non-Alcoholic subindustry, Coca-Cola FemsaB de CV'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 FemsaB de CV's Cyclically Adjusted PB Ratio Distribution in the Beverages - Non-Alcoholic Industry

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

* The bar in red indicates where Coca-Cola FemsaB de CV's Cyclically Adjusted PB Ratio falls into.



Coca-Cola FemsaB de CV 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 FemsaB de CV's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Coca-Cola FemsaB de CV'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)
=3.419/151.0167*151.0167
=3.419

Current CPI (Mar. 2024) = 151.0167.

Coca-Cola FemsaB de CV Quarterly Data

Book Value per Share CPI Adj_Book
201406 4.077 96.609 6.373
201409 3.994 97.652 6.177
201412 3.458 99.469 5.250
201503 3.039 99.973 4.591
201506 3.091 99.382 4.697
201509 2.856 100.112 4.308
201512 2.939 101.588 4.369
201603 2.848 102.573 4.193
201606 2.850 101.905 4.224
201609 2.843 103.084 4.165
201612 2.858 105.002 4.110
201703 2.932 108.063 4.097
201706 2.949 108.339 4.111
201709 3.124 109.628 4.303
201712 2.971 112.114 4.002
201803 2.945 113.505 3.918
201806 2.805 113.373 3.736
201809 2.931 115.130 3.845
201812 3.029 117.530 3.892
201903 2.912 118.050 3.725
201906 3.029 117.848 3.882
201909 2.967 118.581 3.779
201912 3.103 120.854 3.877
202003 2.463 121.885 3.052
202006 2.476 121.777 3.071
202009 2.560 123.341 3.134
202012 2.797 124.661 3.388
202103 2.525 127.574 2.989
202106 2.713 128.936 3.178
202109 2.705 130.742 3.124
202112 2.820 133.830 3.182
202203 2.782 137.082 3.065
202206 2.779 139.233 3.014
202209 2.850 142.116 3.028
202212 3.061 144.291 3.204
202303 0.000 146.472 0.000
202306 3.255 146.272 3.361
202309 3.395 148.446 3.454
202312 3.562 151.017 3.562
202403 3.419 151.017 3.419

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 FemsaB de CV  (OTCPK:COCSF) 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 FemsaB de CV Cyclically Adjusted PB Ratio Related Terms

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Coca-Cola FemsaB de CV (Coca-Cola FemsaB de CV) Business Description

Address
Calle Mario Pani Number 100, Santa Fe Cuajimalpa, Cuajimalpa de Morelos, Ciudad de Mexico, DF, MEX, 05348
Coca-Cola Femsa, a subsidiary of Femsa, is the largest franchise bottler of wide-moat Coca-Cola in unit case volume terms. The company purchases beverage concentrates and syrup from Coca-Cola, which it then processes and packages for distribution through on-trade and off-trade channels, including retailers and food-service providers. Mexico and Brazil make up 80% of total sales for Coca-Cola Femsa, with the rest from other Central and South American countries, including Panama, Guatemala, Uruguay, and Argentina. Parent Femsa and Coca-Cola hold 47% and 28% of economic interests in Coca-Cola Femsa, through nonpublicly traded A and D shares, respectively, while controlling 56% and 33% of the respective voting rights.