The PE ratio for Molson Coors Beverage stock stands at 10.74 as of Jul 25, 2024. This is calculated based on the TTM EPS of $5.03 and the stock price of $54.01 per share. A decrease of 90% has been observed in the PE ratio compared to its average of 106.9 of the last four quarters.
Over the last ten years, the average PE ratio of Molson Coors Beverage has been 34.56. The current 10.74 P/E ratio is 69% lower than the historical average. Looking back at the last ten years, TAP's PE ratio peaked in the Jun 2023 quarter at 346.53, with a price of $65.84 and an EPS of $0.19. The Sep 2018 quarter marked the lowest point at 7.45, with a price of $61.5 and an EPS of $8.26.
Maximum annual increase: 343.19% in 2019
Maximum annual decrease: -70.65% in 2016
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 13.94 | N/A |
| 2022 | N/A | N/A |
| 2021 | 10.01 | N/A |
| 2020 | N/A | N/A |
| 2019 | 48.13 | 343.19% |
| 2018 | 10.86 | -3.81% |
| 2017 | 11.29 | -12.75% |
| 2016 | 12.94 | -70.65% |
| 2015 | 44.09 | 64.45% |
| 2014 | 26.81 | 48.04% |
The current PE ratio of TAP is lower than its 3, 5 and 10-year averages.
In comparison to its peer stocks STZ and SAM, TAP's PE ratio is lower.
| Stock name | PE ratio | Market cap |
|---|---|---|
| TAP Molson Coors Beverage Co | 10.8 | $10.86B |
| STZ Constellation Brands Inc | 18.82 | $46.19B |
| SAM Boston Beer Co Inc | 37.83 | $3.41B |
TAP stock has a price to earnings ratio of 10.74 as of Jul 25, 2024.
The 3-year average price to earnings ratio for TAP stock is 60.7.
The 5-year average price to earnings ratio for TAP stock is 57.01.
Over the last ten years, the quarterly PE ratio reached its highest level at 346.53 in the Jun 2023 quarter.
The current PE ratio of TAP is 69% lower than the 10-year historical average.
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 25, 2024), Molson Coors Beverage's share price is $54.01. The company's earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $5.03. Therefore, Molson Coors Beverage's PE ratio for today is 10.74. PE RATIO(10.74) = STOCK PRICE($54.01) / TTM EPS($5.03)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.