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Coca-Cola Co (BUE:KO) Cyclically Adjusted Revenue per Share : ARS2,119.51 (As of Dec. 2023)


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What is Coca-Cola Co Cyclically Adjusted Revenue 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 Revenue per Share and the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years.

Coca-Cola Co's adjusted revenue per share for the three months ended in Dec. 2023 was ARS4,522.505. Add all the adjusted revenue per share for the past 10 years together and divide the count will get our Cyclically Adjusted Revenue per Share, which is ARS2,119.51 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Coca-Cola Co's average Cyclically Adjusted Revenue Growth Rate was 0.50% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 2.40% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 2.20% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 3.20% 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 Revenue Growth Rate using Cyclically Adjusted Revenue per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Revenue Growth Rate of Coca-Cola Co was 10.40% per year. The lowest was 1.60% per year. And the median was 5.25% per year.

As of today (2024-04-29), Coca-Cola Co's current stock price is ARS13398.50. Coca-Cola Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was ARS2,119.51. Coca-Cola Co's Cyclically Adjusted PS Ratio of today is 6.32.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Coca-Cola Co was 6.10. The lowest was 3.78. And the median was 5.03.


Coca-Cola Co Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Coca-Cola Co's Cyclically Adjusted Revenue 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.

Coca-Cola Co Cyclically Adjusted Revenue per Share Chart

Coca-Cola Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 148.83 290.47 423.26 742.66 2,119.51

Coca-Cola Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Cyclically Adjusted Revenue 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 742.66 891.13 1,124.44 1,809.56 2,119.51

Competitive Comparison of Coca-Cola Co's Cyclically Adjusted Revenue per Share

For the Beverages - Non-Alcoholic subindustry, Coca-Cola Co'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 Co's Cyclically Adjusted PS Ratio Distribution in the Beverages - Non-Alcoholic Industry

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

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



Coca-Cola Co Cyclically Adjusted Revenue 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 Revenue per Share and the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years.

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

Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue 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 Revenue per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the revenue per share from 2001 through 2010.

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

For example, Coca-Cola Co's adjusted Revenue per Share data for the three months ended in Dec. 2023 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=4522.505/129.4194*129.4194
=4,522.505

Current CPI (Dec. 2023) = 129.4194.

Coca-Cola Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 93.926 99.695 121.931
201406 114.688 100.560 147.603
201409 113.415 100.428 146.156
201412 104.739 99.070 136.825
201503 106.816 99.621 138.766
201506 125.290 100.684 161.048
201509 122.119 100.392 157.429
201512 147.415 99.792 191.180
201603 171.335 100.470 220.703
201606 184.272 101.688 234.525
201609 181.725 101.861 230.891
201612 171.602 101.863 218.025
201703 162.174 102.862 204.044
201706 184.847 103.349 231.476
201709 184.118 104.136 228.821
201712 183.958 104.011 228.896
201803 178.421 105.290 219.311
201806 273.846 106.317 333.353
201809 375.915 106.507 456.785
201812 341.841 105.998 417.375
201903 394.622 107.251 476.191
201906 518.764 108.070 621.250
201909 615.238 108.329 735.015
201912 626.911 108.420 748.334
202003 617.177 108.902 733.458
202006 567.063 108.767 674.734
202009 743.259 109.815 875.948
202012 809.382 109.897 953.165
202103 938.247 111.754 1,086.556
202106 1,105.948 114.631 1,248.621
202109 1,130.187 115.734 1,263.827
202112 1,098.838 117.630 1,208.974
202203 1,292.679 121.301 1,379.195
202206 1,565.285 125.017 1,620.408
202209 1,768.527 125.227 1,827.742
202212 1,953.794 125.222 2,019.288
202303 2,496.086 127.348 2,536.690
202306 3,309.468 128.729 3,327.225
202309 4,820.180 129.860 4,803.844
202312 4,522.505 129.419 4,522.505

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.


Coca-Cola Co  (BUE:KO) Cyclically Adjusted Revenue per Share Explanation

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

For the Cyclically Adjusted PS Ratio, the revenue per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/S calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PS Ratio is also called CAPS 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 PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

Coca-Cola Co's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=13398.50/2119.51
=6.32

* 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 PS Ratio of Coca-Cola Co was 6.10. The lowest was 3.78. And the median was 5.03.


Be Aware

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


Coca-Cola Co Cyclically Adjusted Revenue per Share Related Terms

Thank you for viewing the detailed overview of Coca-Cola Co's Cyclically Adjusted Revenue per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Coca-Cola Co (BUE:KO) Business Description

Industry
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 (BUE:KO) Headlines

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