GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Non-Alcoholic » Coca-Cola Co (NEOE:COLA) » Definitions » Shiller PE Ratio

Coca-Cola Co (NEOE:COLA) Shiller PE Ratio : 30.49 (As of May. 01, 2024)


View and export this data going back to 2022. Start your Free Trial

What is Coca-Cola Co Shiller PE Ratio?

As of today (2024-05-01), Coca-Cola Co's current share price is C$22.56. Coca-Cola Co's E10 for the quarter that ended in Dec. 2023 was C$0.74. Coca-Cola Co's Shiller PE Ratio for today is 30.49.

The historical rank and industry rank for Coca-Cola Co's Shiller PE Ratio or its related term are showing as below:

NEOE:COLA' s Shiller PE Ratio Range Over the Past 10 Years
Min: 20.82   Med: 25.84   Max: 34.05
Current: 30.54

During the past years, Coca-Cola Co's highest Shiller PE Ratio was 34.05. The lowest was 20.82. And the median was 25.84.

NEOE:COLA's Shiller PE Ratio is ranked worse than
81.97% of 61 companies
in the Beverages - Non-Alcoholic industry
Industry Median: 19.49 vs NEOE:COLA: 30.54

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.

Coca-Cola Co's adjusted earnings per share data for the three months ended in Dec. 2023 was C$0.617. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is C$0.74 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Coca-Cola Co Shiller PE Ratio Historical Data

The historical data trend for Coca-Cola Co's Shiller PE 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.

* Premium members only.

Coca-Cola Co Shiller PE Ratio Chart

Coca-Cola Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 30.08 31.45 31.68 32.50 29.13

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
Shiller PE 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 32.50 30.83 29.87 27.53 29.13

Competitive Comparison of Coca-Cola Co's Shiller PE Ratio

For the Beverages - Non-Alcoholic subindustry, Coca-Cola Co's Shiller PE Ratio, along with its competitors' market caps and Shiller PE 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 Shiller PE Ratio Distribution in the Beverages - Non-Alcoholic Industry

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

* The bar in red indicates where Coca-Cola Co's Shiller PE Ratio falls into.



Coca-Cola Co Shiller PE Ratio Calculation

For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller PE Ratio is also called PE10.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

Coca-Cola Co's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=22.56/0.74
=30.49

* 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 Co's E10 for the quarter that ended in Dec. 2023 is calculated as:

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

Adj_EPS=Earnings per Share (Diluted)/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.617/129.4194*129.4194
=0.617

Current CPI (Dec. 2023) = 129.4194.

Coca-Cola Co Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 0.400 99.695 0.519
201406 0.628 100.560 0.808
201409 0.529 100.428 0.682
201412 0.196 99.070 0.256
201503 0.442 99.621 0.574
201506 0.878 100.684 1.129
201509 0.438 100.392 0.565
201512 0.384 99.792 0.498
201603 0.450 100.470 0.580
201606 1.019 101.688 1.297
201609 0.315 101.861 0.400
201612 0.173 101.863 0.220
201703 0.361 102.862 0.454
201706 0.425 103.349 0.532
201709 0.405 104.136 0.503
201712 -0.830 104.011 -1.033
201803 0.414 105.290 0.509
201806 0.709 106.317 0.863
201809 0.573 106.507 0.696
201812 0.269 105.998 0.328
201903 0.521 107.251 0.629
201906 0.811 108.070 0.971
201909 0.794 108.329 0.949
201912 0.619 108.420 0.739
202003 0.893 108.902 1.061
202006 0.556 108.767 0.662
202009 0.529 109.815 0.623
202012 0.436 109.897 0.513
202103 0.654 111.754 0.757
202106 0.745 114.631 0.841
202109 0.722 115.734 0.807
202112 0.717 117.630 0.789
202203 0.810 121.301 0.864
202206 0.563 125.017 0.583
202209 0.867 125.227 0.896
202212 0.638 125.222 0.659
202303 0.985 127.348 1.001
202306 0.784 128.729 0.788
202309 0.961 129.860 0.958
202312 0.617 129.419 0.617

Add all the adjusted EPS together and divide 10 will get our E10.

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 Co  (NEOE:COLA) Shiller PE Ratio Explanation

Compared with the regular PE Ratio, which works poorly for cyclical businesses, the Shiller PE Ratio smoothed out the fluctuations of profit margins during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Shiller PE Ratio should give similar results to regular PE Ratio.

Compared with the PS Ratio, the Shiller PE Ratio makes the comparison between different industries more meaningful.


Be Aware

Shiller PE Ratio assumes that over the long term, businesses and profitability revert to their means. If a company's business model does not work in the future compared with the past, Shiller PE Ratio and PS Ratio will give false valuations.


Coca-Cola Co Shiller PE Ratio Related Terms

Thank you for viewing the detailed overview of Coca-Cola Co's Shiller PE Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Coca-Cola Co (NEOE:COLA) Business Description

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 (NEOE:COLA) Headlines

No Headlines