KO Coca Cola PE ratio, current and historical analysis
- Stocks
- Consumer Defensive
- NYSE: KO
- PE Ratio
As at Jun 11, 2025, the KO stock has a PE ratio of 28.83. This is based on the current EPS of $2.5 and the stock price of $72.07 per share. An increase of 6% has been seen in the P/E ratio compared to the average of 27.2 of the last 4 quarters.
KO PE ratio history
The mean historical PE ratio of Coca Cola over the last ten years is 35.89. The current 28.83 PE ratio is 20% below the historical average. Over the past ten years, KO's PE ratio was at its highest in the Dec 2017 quarter at 158.21, with a price of $45.88 and an EPS of $0.29. The Mar 2020 quarter recorded the bottom point at 18.22, with a price of $42.81 and an EPS of $2.35.
Coca Cola PE ratio history chart
Coca Cola PE ratio by year
Maximum annual increase: 476.15% in 2017
Maximum annual decrease: -80.18% in 2018
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 2024 | 25.21 | 6.1% | $62.26 | $2.47 |
| 2023 | 23.76 | -17.81% | $58.93 | $2.48 |
| 2022 | 28.91 | 10.34% | $63.61 | $2.2 |
| 2021 | 26.2 | -14.01% | $59.21 | $2.26 |
| 2020 | 30.47 | 15.07% | $54.84 | $1.8 |
| 2019 | 26.48 | -15.56% | $55.35 | $2.09 |
| 2018 | 31.36 | -80.18% | $47.35 | $1.51 |
| 2017 | 158.21 | 476.15% | $45.88 | $0.29 |
| 2016 | 27.46 | 8.03% | $41.46 | $1.51 |
| 2015 | 25.42 | -2.46% | $42.96 | $1.69 |
| 2014 | 26.06 | 22.4% | $42.22 | $1.62 |
| 2013 | 21.29 | 17.43% | $41.31 | $1.94 |
| 2012 | 18.13 | -2.58% | $36.25 | $2 |
| 2011 | 18.61 | 44.26% | $34.99 | $1.88 |
| 2010 | 12.9 | -33.02% | $32.89 | $2.55 |
Coca Cola PE ratio by quarter (TTM)
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| Mar 2025 | 28.15 | 11.66% | $70.37 | $2.5 |
| Dec 2024 | 25.21 | -15.03% | $62.26 | $2.47 |
| Sep 2024 | 29.67 | 15.13% | $71.79 | $2.42 |
| Jun 2024 | 25.77 | 5.31% | $63.65 | $2.47 |
| Mar 2024 | 24.47 | 2.99% | $61.18 | $2.5 |
| Dec 2023 | 23.76 | 5.27% | $58.93 | $2.48 |
| Sep 2023 | 22.57 | -9.28% | $55.98 | $2.48 |
| Jun 2023 | 24.88 | -8.96% | $60.22 | $2.42 |
| Mar 2023 | 27.33 | -5.47% | $62.03 | $2.27 |
| Dec 2022 | 28.91 | 17.66% | $63.61 | $2.2 |
| Sep 2022 | 24.57 | -16.03% | $56.02 | $2.28 |
| Jul 2022 | 29.26 | 10.29% | $64.38 | $2.2 |
| Apr 2022 | 26.53 | 1.26% | $62.87 | $2.37 |
| Dec 2021 | 26.2 | 0.31% | $59.21 | $2.26 |
| Oct 2021 | 26.12 | -10.33% | $53.02 | $2.03 |
KO Price vs fair value
You can ether set your own Fair P/E multiple or use one of the automatically calculated Fair P/E multiples.
Fair P/E calculation
PE Ratio is an attempt to estimate a fair PE ratio of a stock based on its earnings and growth rate.
This formula is a modified version of the classic Graham-Dodd Formula (V= EPS x (8.5+2g)), originally developed by Benjamin Graham, to calculate the fair price of a stock based on its earnings and growth rate.
The formula we have created is an adaptation of this approach, designed to maintain a balance between simplicity and growth sensitivity.
It is calculated using the following formula:
IF g < 5: Fair PE = b
IF g >= 5: Fair PE = m × g
Here’s what each part of the formula means:
g: Growth is calculated as the average of the three-year average EPS growth rate and the one-year EPS growth rate (annually). This approach provides a balanced measure of growth by factoring in both the long-term growth trend and the most recent annual growth performance. If one of the growth metrics is not available, the remaining metric is used to determine growth. The fair P/E value is capped at 100 to prevent distortions caused by extreme EPS growth rates, such as those resulting from large percentage increases from a low base.
m: This is the long term historical median PEG (Price/Earnings to Growth) ratio of the overall market. It serves as a benchmark, adjusting the Fair PE based on typical market conditions.
b: Base PE (static value set to 8). If the company's growth rate is less than 5, the Fair PE is set at a conservative baseline of 8. This is because declining companies generally deserve a lower PE ratio.
Fixed vs Dynamic
Fixed: The Fair PE ratio for all data points is calculated using a single, constant average EPS growth rate, determined based on the most recent period. This means that the same growth rate is applied to all historical data points. Dynamic: The Fair PE ratio for each historical data point is calculated using the trailing average EPS growth rate specific to that point in time. This means that for each data point, the corresponding trailing EPS growth rate is used, ensuring that the Fair PE ratio reflects the growth conditions that were relevant at that specific point in history.
KO average PE ratio chart
Currently, KO's PE ratio is greater than its 3 and 5-year historical averages, but it is below the 10-year average.
PE vs average
KO PE vs peers
Compared to its peer MNST, KO's PE ratio stands lower, however it is higher than PEP's and FIZZ's.
| Stock name | PE ratio | Market cap |
|---|---|---|
| PEP Pepsico Inc | 19.05 | $178.1B |
| FIZZ National Beverage Corp | 23.04 | $4.29B |
| KO Coca Cola Co | 28.83 | $310.21B |
| MNST Monster Beverage Corp | 41.18 | $61.04B |
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Frequently asked questions
What is Coca Cola's PE ratio?
As of Jun 11, 2025, KO stock has a price to earnings ratio of 28.83.
What is the 3-year average PE ratio for Coca Cola (KO)?
The average PE ratio for KO stock over the past 3 years is 26.21.
What is the 5-year average PE ratio for Coca Cola (KO)?
The average PE ratio for KO stock over the past 5 years is 26.5.
What is the highest PE ratio for KO?
In the last ten years, the Dec 2017 quarter recorded the highest quarterly PE ratio at 158.21.
How does the current PE ratio for KO compare to its historical average?
KO's current price to earnings ratio is 20% below its 10-year historical average.
How is KO's PE ratio calculated (Coca Cola PE ratio formula)?
The PE ratio is calculated by dividing the most recent price of a stock by its trailing twelve months EPS. As of today (Jun 11, 2025), Coca Cola's stock price is $72.07. The earnings per share for the trailing twelve months (TTM) ending Mar 2025 is $2.5. Therefore, Coca Cola's P/E ratio for today is 28.83. PE RATIO(28.83) = STOCK PRICE($72.07) / TTM EPS($2.5)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.