The PE ratio for Molson Coors Beverage stock stands at 13.59 as of Nov 21, 2024. This is calculated based on the TTM EPS of $4.45 and the stock price of $60.47 per share. An increase of 10% has been observed in the PE ratio compared to its average of 12.4 of the last four quarters.
Over the last ten years, the average PE ratio of Molson Coors Beverage has been 33.4. The current 13.59 P/E ratio is 59% 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 | 13.59 | $11.86B |
SAM Boston Beer Co Inc | 44.78 | $3.53B |
STZ Constellation Brands Inc | 77.17 | $43.71B |
TAP stock has a price to earnings ratio of 13.59 as of Nov 21, 2024.
The 3-year average price to earnings ratio for TAP stock is 50.78.
The 5-year average price to earnings ratio for TAP stock is 47.37.
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 59% 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 (Nov 21, 2024), Molson Coors Beverage's share price is $60.47. The company's earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $4.45. Therefore, Molson Coors Beverage's PE ratio for today is 13.59. PE RATIO(13.59) = STOCK PRICE($60.47) / TTM EPS($4.45)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from and Sharadar.