The current PE ratio for Monster Beverage stock as of Apr 26, 2024 is 34.21. This is calculated based on the TTM EPS of $1.56 and the stock price of $53.37 per share. The PE ratio marks a decrease of 13% from its last 4 quarters average of 39.4.
The average historical PE ratio of Monster Beverage for the last ten years is 37.35. The current P/E ratio of 34.21 is 8% lower than the historical average. Looking back at the last ten years, MNST's PE ratio peaked in the Mar 2015 quarter at 59.14, when the price was $23.07 and the EPS was $0.39. The lowest point was in the Mar 2020 quarter, when it reached 27.05 with a price of $28.13 and an EPS of $1.04.
Maximum annual increase: 34.69% in 2015
Maximum annual decrease: -36.22% in 2018
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 36.93 | -17.79% |
| 2022 | 44.92 | 21.6% |
| 2021 | 36.94 | 6.24% |
| 2020 | 34.77 | 11.62% |
| 2019 | 31.15 | 12.66% |
| 2018 | 27.65 | -36.22% |
| 2017 | 43.35 | 19.29% |
| 2016 | 36.34 | -28.28% |
| 2015 | 50.67 | 34.69% |
| 2014 | 37.62 | 13.25% |
The current PE ratio of MNST is lower than its 3, 5 and 10-year averages.
In comparison to its peer stocks KO and PEP, MNST's PE ratio is higher.
| Stock name | PE ratio | Market cap |
|---|---|---|
| FIZZ National Beverage Corp | 24.07 | $4.07B |
| KO Coca Cola Co | 24.9 | $266.25B |
| PEP Pepsico Inc | 26.28 | $241.38B |
| MNST Monster Beverage Corp | 34.21 | $55.54B |
As of Apr 26, 2024, MNST stock has a price to earnings ratio of 34.21.
The 3-year average price to earnings ratio for MNST stock is 37.29.
The 5-year average price to earnings ratio for MNST stock is 35.08.
Over the last ten years, the quarterly PE ratio reached its highest level at 59.14 in the Mar 2015 quarter.
The current PE ratio of MNST is 8% lower than the 10-year historical average.
To determine the P/E ratio, divide the latest stock price by the TTM earnings per share (EPS). As of today (Apr 26, 2024), Monster Beverage's share price is $53.37. The company's earnings per share for the trailing twelve months (TTM) ending Dec 2023 is $1.56. Therefore, Monster Beverage's PE ratio for today is 34.21. PE RATIO(34.21) = STOCK PRICE($53.37) / TTM EPS($1.56)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.