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Coca-Cola Bottlers Japan Holdings (FRA:CCW) Cyclically Adjusted PB Ratio : 0.61 (As of May. 24, 2024)


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What is Coca-Cola Bottlers Japan Holdings Cyclically Adjusted PB Ratio?

As of today (2024-05-24), Coca-Cola Bottlers Japan Holdings's current share price is €10.50. Coca-Cola Bottlers Japan Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €17.21. Coca-Cola Bottlers Japan Holdings's Cyclically Adjusted PB Ratio for today is 0.61.

The historical rank and industry rank for Coca-Cola Bottlers Japan Holdings's Cyclically Adjusted PB Ratio or its related term are showing as below:

FRA:CCW' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.46   Med: 0.7   Max: 1.92
Current: 0.68

During the past years, Coca-Cola Bottlers Japan Holdings's highest Cyclically Adjusted PB Ratio was 1.92. The lowest was 0.46. And the median was 0.70.

FRA:CCW's Cyclically Adjusted PB Ratio is ranked better than
88.61% of 79 companies
in the Beverages - Non-Alcoholic industry
Industry Median: 2.37 vs FRA:CCW: 0.68

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.

Coca-Cola Bottlers Japan Holdings's adjusted book value per share data for the three months ended in Mar. 2024 was €15.870. 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 €17.21 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Coca-Cola Bottlers Japan Holdings Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Coca-Cola Bottlers Japan Holdings'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.

* Premium members only.

Coca-Cola Bottlers Japan Holdings Cyclically Adjusted PB Ratio Chart

Coca-Cola Bottlers Japan Holdings 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 1.07 0.62 0.49 0.51 0.71

Coca-Cola Bottlers Japan Holdings 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 0.52 0.54 0.69 0.71 0.77

Competitive Comparison of Coca-Cola Bottlers Japan Holdings's Cyclically Adjusted PB Ratio

For the Beverages - Non-Alcoholic subindustry, Coca-Cola Bottlers Japan Holdings'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 Bottlers Japan Holdings's Cyclically Adjusted PB Ratio Distribution in the Beverages - Non-Alcoholic Industry

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

* The bar in red indicates where Coca-Cola Bottlers Japan Holdings's Cyclically Adjusted PB Ratio falls into.



Coca-Cola Bottlers Japan Holdings 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 Bottlers Japan Holdings's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=10.50/17.21
=0.61

* 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 Bottlers Japan Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Coca-Cola Bottlers Japan Holdings'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)
=15.87/107.2000*107.2000
=15.870

Current CPI (Mar. 2024) = 107.2000.

Coca-Cola Bottlers Japan Holdings Quarterly Data

Book Value per Share CPI Adj_Book
201406 16.623 98.000 18.184
201409 16.707 98.500 18.183
201412 15.803 97.900 17.304
201503 17.648 97.900 19.324
201506 17.261 98.400 18.805
201509 17.926 98.500 19.509
201512 18.013 98.100 19.684
201603 18.786 97.900 20.571
201606 20.084 98.100 21.947
201609 21.165 98.000 23.152
201612 19.526 98.400 21.272
201703 19.668 98.100 21.492
201706 24.010 98.500 26.131
201709 23.056 98.800 25.016
201712 23.978 99.400 25.860
201803 23.292 99.200 25.170
201806 23.876 99.200 25.801
201809 23.531 99.900 25.250
201812 24.785 99.700 26.649
201903 24.725 99.700 26.585
201906 22.788 99.800 24.478
201909 23.679 100.100 25.359
201912 23.273 100.500 24.825
202003 23.008 100.300 24.591
202006 22.585 99.900 24.235
202009 22.096 99.900 23.711
202012 22.151 99.300 23.913
202103 21.640 99.900 23.221
202106 21.010 99.500 22.636
202109 21.275 100.100 22.784
202112 21.342 100.100 22.856
202203 20.596 101.100 21.839
202206 18.861 101.800 19.861
202209 18.809 103.100 19.557
202212 18.580 104.100 19.133
202303 18.127 104.400 18.613
202306 17.073 105.200 17.398
202309 16.697 106.200 16.854
202312 16.677 106.800 16.739
202403 15.870 107.200 15.870

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 Bottlers Japan Holdings  (FRA:CCW) 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 Bottlers Japan Holdings Cyclically Adjusted PB Ratio Related Terms

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Coca-Cola Bottlers Japan Holdings (FRA:CCW) Business Description

Traded in Other Exchanges
Address
9-7-1 Akasaka, Minato-ku, Tokyo Midtown Tower, Fukuoka, JPN, 107-6211
Coca-Cola Bottlers Japan Holdings Inc is a Japanese soft drinks manufacturer, which operates through licensing agreements with The Coca-Cola Company based in the United States. It functions through two business segments, namely The Cold Beverage segment and The Healthcare and Skincare segment. The Cold Beverage segment by far accounts for most of the company's revenue generating operations. It represents the manufacture and sale of beverages such as sports drinks, tea beverages, sparkling beverages and mineral water. Its secondary business is carried out through the Healthcare and Skincare segment which produces and sells health food and cosmetics.

Coca-Cola Bottlers Japan Holdings (FRA:CCW) Headlines

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