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Coca-Cola Co (UKEX:KO) Cyclically Adjusted PB Ratio : 9.49 (As of Jun. 08, 2024)


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What is Coca-Cola Co Cyclically Adjusted PB Ratio?

As of today (2024-06-08), Coca-Cola Co's current share price is ₴2260.00. Coca-Cola Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₴238.26. Coca-Cola Co's Cyclically Adjusted PB Ratio for today is 9.49.

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

UKEX:KO' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 5.76   Med: 7.22   Max: 9.91
Current: 9.91

During the past years, Coca-Cola Co's highest Cyclically Adjusted PB Ratio was 9.91. The lowest was 5.76. And the median was 7.22.

UKEX:KO's Cyclically Adjusted PB Ratio is ranked worse than
87.8% of 82 companies
in the Beverages - Non-Alcoholic industry
Industry Median: 2.36 vs UKEX:KO: 9.91

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 Co's adjusted book value per share data for the three months ended in Mar. 2024 was ₴248.316. 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 ₴238.26 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Coca-Cola Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Coca-Cola Co'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 Co Cyclically Adjusted PB Ratio Chart

Coca-Cola Co 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 8.33 8.49 9.06 9.68 9.17

Coca-Cola Co 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 9.41 9.16 8.55 9.17 9.49

Competitive Comparison of Coca-Cola Co's Cyclically Adjusted PB Ratio

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

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

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



Coca-Cola Co 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 Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2260.00/238.26
=9.49

* 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 Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Coca-Cola Co'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)
=248.316/131.7762*131.7762
=248.316

Current CPI (Mar. 2024) = 131.7762.

Coca-Cola Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 314.496 100.560 412.125
201409 309.276 100.428 405.816
201412 281.090 99.070 373.888
201503 267.710 99.621 354.120
201506 264.487 100.684 346.164
201509 242.830 100.392 318.744
201512 239.207 99.792 315.874
201603 232.785 100.470 305.319
201606 249.865 101.688 323.797
201609 244.716 101.861 316.586
201612 217.692 101.863 281.621
201703 216.694 102.862 277.605
201706 208.650 103.349 266.041
201709 210.064 104.136 265.821
201712 162.247 104.011 205.558
201803 186.368 105.290 233.251
201806 174.382 106.317 216.141
201809 173.698 106.507 214.909
201812 161.037 105.998 200.201
201903 168.193 107.251 206.655
201906 172.140 108.070 209.902
201909 176.805 108.329 215.073
201912 179.499 108.420 218.167
202003 171.162 108.902 207.114
202006 164.770 108.767 199.626
202009 175.272 109.815 210.324
202012 181.573 109.897 217.722
202103 191.114 111.754 225.354
202106 208.704 114.631 239.919
202109 207.854 115.734 236.665
202112 215.234 117.630 241.119
202203 232.194 121.301 252.246
202206 215.247 125.017 226.885
202209 213.474 125.227 224.639
202212 225.434 125.222 237.234
202303 235.998 127.348 244.205
202306 243.503 128.729 249.268
202309 246.424 129.860 250.061
202312 243.731 129.419 248.169
202403 248.316 131.776 248.316

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 Co  (UKEX:KO) 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 Co Cyclically Adjusted PB Ratio Related Terms

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Coca-Cola Co (UKEX:KO) 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.