PEP
Pepsico
PE ratio, current and historical analysis
- Stocks
- Consumer Defensive
- NASDAQ: PEP
- PE Ratio
The current PE ratio for Pepsico stock as of Jul 10, 2026 is 17.98. This is calculated based on the TTM EPS of $7.64 and the stock price of $137.38 per share. The PE ratio marks a decrease of 24% from its last 4 quarters average of 23.5.
PEP PE ratio history
The average historical PE ratio of Pepsico for the last ten years is 25.09. The current P/E ratio of 17.98 is 28% lower than the historical average. Looking back at the last ten years, PEP's PE ratio peaked in the Mar 2023 quarter at 37.55, when the price was $179.09 and the EPS was $4.77. The lowest point was in the Dec 2018 quarter, when it reached 12.48 with a price of $110.36 and an EPS of $8.84.
Pepsico PE ratio by year
Maximum annual increase: 110.74% in 2019
Maximum annual decrease: -64.62% in 2018
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 2025 | 23.88 | 8.84% | $143.78 | $6.02 |
| 2024 | 21.94 | -14.86% | $152.89 | $6.97 |
| 2023 | 25.77 | -8% | $169.84 | $6.59 |
| 2022 | 28.01 | -9.09% | $180.66 | $6.45 |
| 2021 | 30.81 | 9.18% | $169.78 | $5.51 |
| 2020 | 28.22 | 7.3% | $145.06 | $5.14 |
| 2019 | 26.3 | 110.74% | $137.54 | $5.23 |
| 2018 | 12.48 | -64.62% | $110.36 | $8.84 |
| 2017 | 35.27 | 48.01% | $119.92 | $3.4 |
| 2016 | 23.83 | -12.07% | $104.63 | $4.39 |
| 2015 | 27.1 | 20.34% | $100.54 | $3.71 |
| 2014 | 22.52 | 18.96% | $97.05 | $4.31 |
| 2013 | 18.93 | 10.19% | $82.71 | $4.37 |
| 2012 | 17.18 | 5.66% | $68.02 | $3.96 |
| 2011 | 16.26 | -1.75% | $66.35 | $4.08 |
Pepsico PE ratio by quarter (TTM)
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| Jun 2026 | 18.88 | -19.73% | $144.27 | $7.64 |
| Mar 2026 | 23.52 | -1.51% | $150.04 | $6.38 |
| Dec 2025 | 23.88 | -14.04% | $143.78 | $6.02 |
| Sep 2025 | 27.78 | 16.77% | $146.39 | $5.27 |
| Jun 2025 | 23.79 | 11.53% | $130.85 | $5.5 |
| Mar 2025 | 21.33 | -2.78% | $145.45 | $6.82 |
| Dec 2024 | 21.94 | -15.75% | $152.89 | $6.97 |
| Sep 2024 | 26.04 | 10.15% | $177.34 | $6.81 |
| Jun 2024 | 23.64 | -8.19% | $163.81 | $6.93 |
| Mar 2024 | 25.75 | -0.08% | $172.02 | $6.68 |
| Dec 2023 | 25.77 | -11.99% | $169.84 | $6.59 |
| Sep 2023 | 29.28 | -9.82% | $176.27 | $6.02 |
| Jun 2023 | 32.47 | -13.53% | $186.04 | $5.73 |
| Mar 2023 | 37.55 | 34.06% | $179.09 | $4.77 |
| Dec 2022 | 28.01 | 15.22% | $180.66 | $6.45 |
PEP Price vs fair value
PEP average PE ratio chart
What this chart measures
The Historical Valuation Regime chart shows where the stock's current valuation sits relative to its own historical valuation range over the selected lookback period.
This is a history-relative tool, not a market-relative percentile. It does not compare the stock to other companies. Instead, it compares each historical valuation reading to the stock's own past readings.
Percentile logic
The threshold lines are calculated them from the stock's real historical values using percentile interpolation. That is why some colored bands are narrow while others are wide: the band widths reflect how the stock actually traded through time.
Regime map
| Historical percentile | Regime | Chart meaning |
|---|---|---|
| 0-10 | Historically Low | Deep cheap zone |
| >10-25 | Below Average | Cheap relative to history |
| >25-75 | Average | Within the normal historical range |
| >75-90 | Above Average | Expensive relative to history |
| >90-100 | Historically High | Extreme or stretched valuation |
How to read each part
| Chart element | What it tells you |
|---|---|
| Main line | The actual historical valuation values over time for the selected metric. |
| Dashed horizontal lines | The stock's computed P10, P25, Median, P75, and P90 thresholds for the selected period. |
| Colored bands | The historical valuation zones between those thresholds. |
| Metric boxes | Current ratio, historical median, current percentile, and current regime. |
| Timeline strip | A condensed regime history showing how the stock moved between cheap, fair, and expensive states across each observation. |
Important metric definitions
Current Percentile is the percentile rank of the latest valid historical observation within the selected lookback range.
Current Regime is assigned directly from the latest observation's percentile bucket using the fixed 10 / 25 / 75 / 90 cutoffs shown above.
How to use it well
This chart is most useful for answering a narrow question: Is this stock trading high, low, or normal relative to its own history? It works best alongside growth, profitability, and forward-looking business analysis, because a stock can deserve a higher or lower regime if its business quality has changed.
PEP's current PE ratio is lower than its 3, 5 and 10-year averages.
PE comparison
Pepsico's price to earnings (P/E) of 17.98 is lower than the Consumer Defensive sector and the industry average. In comparison with the Consumer Defensive sector average of 22.76, Pepsico's price to earnings (P/E) is 21% lower.
PEP PE vs peers
In comparison to its peer stocks KO and MNST, PEP's PE ratio is lower.
| Stock name | PE ratio | Market cap |
|---|---|---|
| PEP Pepsico Inc | 18.13 | $189.02B |
| KO Coca Cola Co | 26.41 | $362.48B |
| MDLZ Mondelez International Inc | 29.78 | $76.84B |
| MNST Monster Beverage Corp | 46.67 | $94.94B |
Frequently asked questions
What is Pepsico's PE ratio?
The price to earnings ratio for PEP stock as of Jul 10, 2026, stands at 17.98.
What is the 3-year average PE ratio for Pepsico (PEP)?
Over the last 3 years, the average price to earnings ratio for PEP stock is 24.3.
What is the 5-year average PE ratio for Pepsico (PEP)?
Over the last 5 years, the average price to earnings ratio for PEP stock is 25.9.
What is the highest PE ratio for PEP?
Over the last ten years, the Mar 2023 quarter recorded the highest quarterly PE ratio at 37.55.
How does the current PE ratio for PEP compare to its historical average?
The current PE ratio of PEP is 28% lower than the 10-year historical average.
How is PEP's PE ratio calculated (Pepsico PE ratio formula)?
The P/E ratio is calculated by taking the latest stock price and dividing it by the EPS for the last 12 months. As of today (Jul 10, 2026), Pepsico's share price is $137.38. The company's earnings per share for the trailing twelve months (TTM) ending Jun 2026 is $7.64. Therefore, Pepsico's PE ratio for today is 17.98. PE RATIO(17.98) = STOCK PRICE($137.38) / TTM EPS($7.64)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.