Question 1

What is Monster Beverage's P/B ratio?

Accepted Answer

Monster Beverage (MNST) P/B ratio is 10.1× as of June 5, 2026. The ratio is calculated by dividing market capitalisation by book value of equity, using USD-normalised financials (IAS 21 exchange-rate translation for non-USD reporters).

Question 2

How is the P/B ratio calculated?

Accepted Answer

P/B = Market Capitalisation ÷ Book Value of Equity (most recent quarterly shareholders' equity), or equivalently Share Price ÷ Book Value Per Share. All inputs are sourced from audited GAAP/IFRS filings and translated to USD using period-end exchange rates so the multiple is comparable across companies and currencies.

Question 3

What is the P/B ratio?

Accepted Answer

The price-to-book (P/B) ratio compares a company's market capitalisation to its book value of equity (total shareholders' equity) on the most recent quarterly balance sheet. It is calculated as market cap ÷ book value of equity (equivalent to share price ÷ book value per share). A P/B below 1× implies the market values the business below its accounting net worth; values well above 1× reflect intangible assets, brand value, or a high return on equity.

Question 4

What is a good P/B ratio for Monster Beverage?

Accepted Answer

A "good" P/B depends on the business model. Banks, insurers, and other capital-heavy financials typically trade near 1×; asset-light technology and consumer-brand companies can sustainably trade at 5×+ because much of their value is intangible. P/B is most informative when paired with return on equity (ROE). For Monster Beverage specifically, the relevant sector benchmark is the current sector median of 3.4×.

Question 5

Is Monster Beverage's P/B ratio high or low?

Accepted Answer

Monster Beverage's P/B ratio of 10.1× is above its own 5-year average of 7.8× and above the sector median of 3.4×. That places the current reading at the 98th percentile of its 10-year history. A higher multiple usually reflects stronger expected growth, lower perceived risk, or higher returns on capital; a lower multiple reflects the opposite.

Question 6

What is Monster Beverage's historical P/B ratio range?

Accepted Answer

In the available daily series, Monster Beverage (MNST) P/B ratio has ranged from a low of 1.4× in 2003 to a high of 21.6× in 2006. The 5-year average is 7.8× and the 5-year median is 7.7×.

Question 7

What was Monster Beverage's P/B ratio in 2025?

Accepted Answer

Monster Beverage (MNST) P/B ratio at the end of 2025 was 9.1×. Annual values reflect the multiple on the last trading day of each calendar year, using the trailing twelve-month book value figure available at that date.

Question 8

Why does Monster Beverage's P/B ratio change over time?

Accepted Answer

Valuation multiples move with two inputs: the numerator (market capitalisation, which tracks the share price) and the denominator (book value). Share-price changes — driven by interest rates, earnings expectations, risk appetite, and broader market sentiment — typically dominate short-term moves, while changes in the underlying fundamental drive the longer-term trend. As a result, the ratio can rise during stock-price rallies even if the business itself has not become more valuable, and fall during sell-offs even when fundamentals are improving.


2025	$74.95B	$8.25B	9.1×	+0.5×	Dec 31, 2025
2024	$51.13B	$5.96B	8.6×	+1.3×	Dec 31, 2024
2023	$59.95B	$8.23B	7.3×	-0.3×	Dec 31, 2023
2022	$53.03B	$7.03B	7.5×	-0.2×	Dec 31, 2022
2021	$50.82B	$6.57B	7.7×	-1.7×	Dec 31, 2021
2020	$48.83B	$5.16B	9.5×	+1.3×	Dec 31, 2020
2019	$34.16B	$4.17B	8.2×	+0.7×	Dec 31, 2019
2018	$27.09B	$3.61B	7.5×	-1.7×	Dec 31, 2018
2017	$35.73B	$3.90B	9.2×	+1.6×	Dec 31, 2017
2016	$25.23B	$3.33B	7.6×	+1.3×	Dec 31, 2016
2015	$30.22B	$4.81B	6.3×	-5.7×	Dec 31, 2015
2014	$18.17B	$1.52B	12.0×	+0.6×	Dec 31, 2014
2013	$11.34B	$992.28M	11.4×	-2.4×	Dec 31, 2013
2012	$8.93B	$644.40M	13.9×	+5.6×	Dec 31, 2012
2011	$8.12B	$979.16M	8.3×	+2.7×	Dec 31, 2011
2010	$4.63B	$828.40M	5.6×	-0.3×	Dec 31, 2010
2009	$3.45B	$584.95M	5.9×	-1.2×	Dec 31, 2009
2008	$3.10B	$436.32M	7.1×	-2.5×	Dec 31, 2008
2007	$4.04B	$422.17M	9.6×	-3.9×	Dec 31, 2007
2006	$3.03B	$225.08M	13.5×	-0.4×	Dec 31, 2006
2005	$1.74B	$125.51M	13.8×	+7.2×	Dec 31, 2005
2004	$388.38M	$58.57M	6.6×	+4.2×	Dec 31, 2004
2003	$86.55M	$35.05M	2.5×	+1.0×	Dec 31, 2003
2002	$42.42M	$28.37M	1.5×	-0.2×	Dec 31, 2002
2001	$42.15M	$25.33M	1.7×	—	Dec 31, 2001


Coca-Cola Europacific Partners (CCEP)	4.4×
Marzetti (MZTI)	3.6×
Lamb Weston (LW)	3.6×
Target (TGT)	3.6×
Constellation Brands (STZ)	3.4×
Tootsie Roll Industries (TR)	3.4×
Kenvue (KVUE)	3.1×
Brown-Forman (BF-B)	2.9×
Mondelez International (MDLZ)	2.9×
Dollar General (DG)	2.9×
Performance Food Group (PFGC)	2.7×
McCormick & Company (MKC)	2.7×
General Mills (GIS)	2.6×
J. M. Smucker (SJM)	2.1×
Campbell Soup (CPB)	2.0×
Andersons (ANDE)	1.9×
Archer-Daniels-Midland (ADM)	1.5×
Bunge Global S.A. (BG)	1.5×
Hormel Foods (HRL)	1.5×
Keurig Dr Pepper (KDP)	1.4×
Tyson Foods (TSN)	1.2×
Conagra Brands (CAG)	1.1×
Universal Corporation (UVV)	0.9×
Molson Coors Beverage (TAP)	0.8×
Kraft Heinz (KHC)	0.6×

P/B Ratio for Monster Beverage (MNST)

P/B Ratio daily chart for Monster Beverage (MNST)

Historical P/B Ratio for Monster Beverage (MNST) from 2001 to 2025

About P/B Ratio at Monster Beverage (MNST)

Monster Beverage P/B Ratio by Year

Monster Beverage P/B Ratio 2025: 9.1×

Monster Beverage P/B Ratio 2024: 8.6×

Monster Beverage P/B Ratio 2023: 7.3×

Monster Beverage P/B Ratio 2022: 7.5×

Monster Beverage P/B Ratio 2021: 7.7×

Sector peers by P/B Ratio — chart

Sector peers by P/B Ratio — table

Frequently asked questions

Monster Beverage (MNST) Key Financials

P/B Ratio daily chart for Monster Beverage (MNST)

Historical P/B Ratio for Monster Beverage (MNST) from 2001 to 2025

About P/B Ratio at Monster Beverage (MNST)

Monster Beverage P/B Ratio by Year

Monster Beverage P/B Ratio 2025: 9.1×

Monster Beverage P/B Ratio 2024: 8.6×

Monster Beverage P/B Ratio 2023: 7.3×

Monster Beverage P/B Ratio 2022: 7.5×

Monster Beverage P/B Ratio 2021: 7.7×

Sector peers by P/B Ratio — chart

Sector peers by P/B Ratio — table

Frequently asked questions

+What is Monster Beverage's P/B ratio?

+How is the P/B ratio calculated?

+What is the P/B ratio?

+What is a good P/B ratio for Monster Beverage?

+Is Monster Beverage's P/B ratio high or low?

+What is Monster Beverage's historical P/B ratio range?

+What was Monster Beverage's P/B ratio in 2025?

+Why does Monster Beverage's P/B ratio change over time?

Monster Beverage (MNST) Key Financials