Coka duvanska industrija a.d (XBEL:COKA) PB Ratio: 0.98 (As of Aug. 10, 2026) — Near Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

XBEL:COKA Coka duvanska industrija a.d XBEL:COKA
63 GF Score
Price RSD8,900.00
GF Value RSD8,855.14
Valuation Fairly Valued
! 8 Warning Signs
View Full Analysis

What is Coka duvanska industrija a.d PB Ratio?

Coka duvanska industrija a.d XBEL:COKA 63 PB Ratio is 0.98 as of Aug. 10, 2026, which is 5% above its 10-year median of 0.93. GuruFocus rates XBEL:COKA with a GF Score™ of 63/100 and a GF Value™ of RSD8,855.14 (Fairly Valued). The stock has 8 warning signs investors should review. Among 42 Tobacco Products companies, Coka duvanska industrija a.d ranks better than 78.57% on this metric.

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2026-08-10), Coka duvanska industrija a.d's share price is RSD8900.00. Coka duvanska industrija a.d's Book Value per Share for the quarter that ended in Dec. 2025 was RSD9,080.48. Hence, Coka duvanska industrija a.d's PB Ratio of today is 0.98.

The historical rank and industry rank for Coka duvanska industrija a.d's PB Ratio or its related term are showing as below:

XBEL:COKA' s PB Ratio Range Over the Past 10 Years
Min: 0.26   Med: 0.93   Max: 1.38
Current: 0.98

During the past 13 years, Coka duvanska industrija a.d's highest PB Ratio was 1.38. The lowest was 0.26. And the median was 0.93.

XBEL:COKA's PB Ratio is ranked better than
78.57% of 42 companies
in the Tobacco Products industry
Industry Median: 3.175 vs XBEL:COKA: 0.98

During the past 12 months, Coka duvanska industrija a.d's average Book Value Per Share Growth Rate was -9.10% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -2.20% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 1.10% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 3.90% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Coka duvanska industrija a.d was 11.10% per year. The lowest was -2.20% per year. And the median was 5.60% per year.

Back to Basics: PB Ratio


Coka duvanska industrija a.d  (XBEL:COKA) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.


Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.


Coka duvanska industrija a.d PB Ratio Related Terms


Coka duvanska industrija a.d PB Ratio Historical Data

* Premium members only.

The historical data trend for Coka duvanska industrija a.d's 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.

Coka duvanska industrija a.d PB Ratio Chart

Coka duvanska industrija a.d Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.15 0.93 0.88 0.90 0.99

Coka duvanska industrija a.d Semi-Annual Data
Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Dec15 Dec16 Dec17 Dec18 Dec20 Dec21 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 0.88 0.85 0.90 0.93 0.99

XBEL:COKA vs PM, MO, TPB: PB Ratio Comparison

For the Tobacco subindustry, Coka duvanska industrija a.d's PB Ratio, along with its competitors' market caps and 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.


Coka duvanska industrija a.d PB Ratio vs Tobacco Products Industry

For the Tobacco Products industry and Consumer Defensive sector, Coka duvanska industrija a.d's PB Ratio distribution charts can be found below:

* The bar in red indicates where Coka duvanska industrija a.d's PB Ratio falls into.


XBEL:COKA
63GF Score
Coka duvanska industrija a.d XBEL:COKA
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Coka duvanska industrija a.d PB Ratio Calculation

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.

Coka duvanska industrija a.d's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2025)
=8900.00/9080.475
=0.98

* 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.

It can also be calculated from the numbers for the whole company:

A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.

Frequently Asked Questions Learn more about PB Ratio →
What does a PB Ratio of 0.98 mean?
Coka duvanska industrija a.d (XBEL:COKA) has a PB Ratio of 0.98 as of Aug. 10, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Coka duvanska industrija a.d and its competitors. This is near median its historical median of 0.93. Over the past decade, Coka duvanska industrija a.d's PB Ratio has ranged from 0.26 to 1.38. According to the industry distribution chart, Coka duvanska industrija a.d ranks #9 out of 42 companies in the Tobacco Products industry, placing it in the top 21.4%.
Is Coka duvanska industrija a.d's PB Ratio too high?
Coka duvanska industrija a.d's current PB Ratio of 0.98 is near median its 10-year median of 0.93. Over the past 10 years, this metric has ranged from a low of 0.26 to a high of 1.38. The Tobacco Products industry median PB Ratio is 3.18. Coka duvanska industrija a.d's value of 0.98 is 69.1% below this industry median. Based on the distribution chart, Coka duvanska industrija a.d ranks #9 out of 42 companies in the Tobacco Products industry, which is in the top quartile — a strong position relative to peers. Overall, Coka duvanska industrija a.d has a GF Score™ of 63/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Coka duvanska industrija a.d's PB Ratio compare to PM and MO?
According to the Tobacco Products industry distribution chart, Coka duvanska industrija a.d ranks #9 out of 42 companies for PB Ratio. This places Coka duvanska industrija a.d in the top 21% of its industry — outperforming the majority of peers. The industry median PB Ratio is 3.18. Coka duvanska industrija a.d's value of 0.98 is 69.1% below this benchmark. Historically, Coka duvanska industrija a.d's own PB Ratio has ranged from 0.26 to 1.38 over the past decade. While the company's 10-year median is 0.93 vs. the industry median of 3.18, Coka duvanska industrija a.d has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good PB Ratio for a Tobacco Products company?
The median PB Ratio among Tobacco Products companies is 3.18, based on 42 companies in the industry. Companies in the top quartile (top 25%) have a PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Coka duvanska industrija a.d's current PB Ratio of 0.98 is 69.1% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high PB Ratio mean?
A high PB Ratio can signal that a stock is expensive relative to its fundamentals. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Coka duvanska industrija a.d and its competitors. For the Tobacco Products industry, the median PB Ratio is 3.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Coka duvanska industrija a.d's current PB Ratio is 0.98, which is near median its own 10-year median of 0.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Coka duvanska industrija a.d stock overvalued right now?
Based on GuruFocus' analysis, Coka duvanska industrija a.d (XBEL:COKA) is currently considered Fairly Valued. The stock's GF Value™ is RSD8,855.14, compared to a current price of RSD8,900.00 — trading 0.5% above its estimated fair value. The current PB Ratio is 0.98, which is near median its 10-year median of 0.93 and 69.1% below the Tobacco Products industry median of 3.18. Coka duvanska industrija a.d's overall GF Score™ is 63/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PB Ratio calculated?
PB Ratio is calculated from a company's financial statements. For Coka duvanska industrija a.d (XBEL:COKA), the current PB Ratio is 0.98 as of Aug. 10, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Coka duvanska industrija a.d (XBEL:COKA) Overvalued in 2026?

Based on GuruFocus' analysis, Coka duvanska industrija a.d stock appears to be overvalued. The current stock price of RSD8,900.00 is trading 0.5% above its estimated GF Value™ of RSD8,855.14. GuruFocus considers Coka duvanska industrija a.d to be Fairly Valued.

Key valuation signals for XBEL:COKA:

  • PB Ratio: 0.98 (near median its 10-year median of 0.93)
  • GF Value™: RSD8,855.14 vs. price of RSD8,900.00 (0.5% above fair value)
  • GF Score™: 63/100 with 8 warning signs
  • Industry Position: 69.1% below the Tobacco Products median (#9 of 42)

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


Coka duvanska industrija a.d Business Description

Address Proleterska 6, Coka, SRB
Coka duvanska industrija a.d is a Serbia based company. It is engaged in the production and processing of raw tobacco. it is also engaged in the wholesale and retail trade of tobacco products.
63GF Score

Get the complete analysis for XBEL:COKA

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

RSD8,900.00
Price
RSD8,855.14
GF Value