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Coca-Cola Co (NEOE:COLA) Cyclically Adjusted PS Ratio : 5.78 (As of Jun. 08, 2024)


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What is Coca-Cola Co Cyclically Adjusted PS Ratio?

As of today (2024-06-08), Coca-Cola Co's current share price is C$23.35. Coca-Cola Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was C$4.04. Coca-Cola Co's Cyclically Adjusted PS Ratio for today is 5.78.

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

NEOE:COLA' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 3.78   Med: 5.03   Max: 6.1
Current: 5.79

During the past years, Coca-Cola Co's highest Cyclically Adjusted PS Ratio was 6.10. The lowest was 3.78. And the median was 5.03.

NEOE:COLA's Cyclically Adjusted PS Ratio is ranked worse than
92.77% of 83 companies
in the Beverages - Non-Alcoholic industry
Industry Median: 1.33 vs NEOE:COLA: 5.79

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 PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

Coca-Cola Co's adjusted revenue per share data for the three months ended in Mar. 2024 was C$3.539. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is C$4.04 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Coca-Cola Co Cyclically Adjusted PS Ratio Historical Data

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

Coca-Cola Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.47 5.42 5.63 5.87 5.41

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 PS 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 5.66 5.48 5.09 5.41 5.54

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

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

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

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



Coca-Cola Co Cyclically Adjusted PS Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PS Ratio takes the Revenue per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/S calculation. Because it considers this 10-year average, it's often referred to as the CAPS 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 PS Ratio.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=23.35/4.04
=5.78

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

For example, Coca-Cola Co's adjusted Revenue per Share data for the three months ended in Mar. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=3.539/131.7762*131.7762
=3.539

Current CPI (Mar. 2024) = 131.7762.

Coca-Cola Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 3.057 100.560 4.006
201409 2.967 100.428 3.893
201412 2.825 99.070 3.758
201503 3.056 99.621 4.042
201506 3.410 100.684 4.463
201509 3.446 100.392 4.523
201512 3.124 99.792 4.125
201603 3.103 100.470 4.070
201606 3.399 101.688 4.405
201609 3.194 101.861 4.132
201612 2.888 101.863 3.736
201703 2.816 102.862 3.608
201706 2.981 103.349 3.801
201709 2.580 104.136 3.265
201712 2.460 104.011 3.117
201803 2.290 105.290 2.866
201806 2.882 106.317 3.572
201809 2.663 106.507 3.295
201812 2.436 105.998 3.028
201903 2.700 107.251 3.317
201906 3.086 108.070 3.763
201909 2.913 108.329 3.543
201912 2.762 108.420 3.357
202003 2.776 108.902 3.359
202006 2.245 108.767 2.720
202009 2.649 109.815 3.179
202012 2.548 109.897 3.055
202103 2.618 111.754 3.087
202106 2.853 114.631 3.280
202109 2.929 115.734 3.335
202112 2.785 117.630 3.120
202203 3.048 121.301 3.311
202206 3.331 125.017 3.511
202209 3.396 125.227 3.574
202212 3.166 125.222 3.332
202303 3.458 127.348 3.578
202306 3.664 128.729 3.751
202309 3.727 129.860 3.782
202312 3.361 129.419 3.422
202403 3.539 131.776 3.539

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue 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  (NEOE:COLA) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue 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 PS Ratio should give similar results to regular PS Ratio.


Coca-Cola Co Cyclically Adjusted PS Ratio Related Terms

Thank you for viewing the detailed overview of Coca-Cola Co's Cyclically Adjusted PS 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

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