GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Non-Alcoholic » Keurig Dr Pepper Inc (LTS:0Z62) » Definitions » Cyclically Adjusted PB Ratio

Keurig Dr Pepper (LTS:0Z62) Cyclically Adjusted PB Ratio : 1.93 (As of May. 26, 2024)


View and export this data going back to 2018. Start your Free Trial

What is Keurig Dr Pepper Cyclically Adjusted PB Ratio?

As of today (2024-05-26), Keurig Dr Pepper's current share price is $34.304. Keurig Dr Pepper's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $17.80. Keurig Dr Pepper's Cyclically Adjusted PB Ratio for today is 1.93.

The historical rank and industry rank for Keurig Dr Pepper's Cyclically Adjusted PB Ratio or its related term are showing as below:

LTS:0Z62' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.62   Med: 2.33   Max: 9.74
Current: 1.92

During the past years, Keurig Dr Pepper's highest Cyclically Adjusted PB Ratio was 9.74. The lowest was 1.62. And the median was 2.33.

LTS:0Z62's Cyclically Adjusted PB Ratio is ranked better than
55.7% of 79 companies
in the Beverages - Non-Alcoholic industry
Industry Median: 2.33 vs LTS:0Z62: 1.92

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.

Keurig Dr Pepper's adjusted book value per share data for the three months ended in Mar. 2024 was $18.186. 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 $17.80 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Keurig Dr Pepper Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Keurig Dr Pepper'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.

Keurig Dr Pepper Cyclically Adjusted PB Ratio Chart

Keurig Dr Pepper 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 2.18 2.33 2.43 2.16 1.91

Keurig Dr Pepper 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 1.82 1.82 1.91 1.72

Competitive Comparison of Keurig Dr Pepper's Cyclically Adjusted PB Ratio

For the Beverages - Non-Alcoholic subindustry, Keurig Dr Pepper'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.


Keurig Dr Pepper's Cyclically Adjusted PB Ratio Distribution in the Beverages - Non-Alcoholic Industry

For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, Keurig Dr Pepper's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Keurig Dr Pepper's Cyclically Adjusted PB Ratio falls into.



Keurig Dr Pepper 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.

Keurig Dr Pepper's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=34.304/17.8
=1.93

* 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.

Keurig Dr Pepper's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Keurig Dr Pepper'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)
=18.186/131.7762*131.7762
=18.186

Current CPI (Mar. 2024) = 131.7762.

Keurig Dr Pepper Quarterly Data

Book Value per Share CPI Adj_Book
201406 11.604 100.560 15.206
201409 12.151 100.428 15.944
201412 11.889 99.070 15.814
201503 11.547 99.621 15.274
201506 11.848 100.684 15.507
201509 11.617 100.392 15.249
201512 11.621 99.792 15.346
201603 11.313 100.470 14.838
201606 11.553 101.688 14.971
201609 11.584 101.861 14.986
201612 11.654 101.863 15.076
201703 11.932 102.862 15.286
201706 11.827 103.349 15.080
201709 11.786 104.136 14.914
201712 13.636 104.011 17.276
201803 13.794 105.290 17.264
201806 15.098 106.317 18.713
201809 16.049 106.507 19.857
201812 16.027 105.998 19.925
201903 16.119 107.251 19.805
201906 16.267 108.070 19.835
201909 16.288 108.329 19.813
201912 16.531 108.420 20.092
202003 16.090 108.902 19.470
202006 16.290 108.767 19.736
202009 16.554 109.815 19.865
202012 16.933 109.897 20.304
202103 16.983 111.754 20.026
202106 17.103 114.631 19.661
202109 17.212 115.734 19.598
202112 17.609 117.630 19.727
202203 17.985 121.301 19.538
202206 17.931 125.017 18.900
202209 17.724 125.227 18.651
202212 17.840 125.222 18.774
202303 17.883 127.348 18.505
202306 18.088 128.729 18.516
202309 18.139 129.860 18.407
202312 18.466 129.419 18.802
202403 18.186 131.776 18.186

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.


Keurig Dr Pepper  (LTS:0Z62) 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.


Keurig Dr Pepper Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of Keurig Dr Pepper's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Keurig Dr Pepper (LTS:0Z62) Business Description

Traded in Other Exchanges
Address
53 South Avenue, Burlington, MA, USA, 01803
Keurig Dr Pepper was established in 2018 following a merger between Keurig Green Mountain Coffee and Dr Pepper Snapple. The company manufactures and distributes coffee systems (including coffee brewers and single-serve coffee pods) under the Keurig and Green Mountain brands, as well as ready-to-drink beverages including flavored (non-cola) sparkling soft drinks under well-known brands such as Dr Pepper, Snapple, and Canada Dry. The company controls production and route to market for its own brands through in-house manufacturing plants and distribution infrastructure and leverages these facilities to manufacture and distribute for third-party coffee and beverage brands via licensing and partnership agreements. U.S. and Canada make up 95% of revenues, with the rest from Mexico.

Keurig Dr Pepper (LTS:0Z62) Headlines

No Headlines