Question 1

What is Molson Coors Beverage's P/E ratio?

Accepted Answer

Molson Coors Beverage (TAP) P/E ratio is 8.4× as of November 3, 2025. The ratio is calculated by dividing market capitalisation by trailing twelve-month earnings (net income), using USD-normalised financials (IAS 21 exchange-rate translation for non-USD reporters).

Question 2

How is the P/E ratio calculated?

Accepted Answer

P/E = Share Price ÷ Trailing Twelve-Month (TTM) Diluted EPS, or equivalently Market Capitalisation ÷ TTM Net Income. 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/E ratio?

Accepted Answer

The price-to-earnings (P/E) ratio, also called the earnings multiple, measures how much investors pay per dollar of a company's trailing twelve-month (TTM) earnings. It is calculated as share price ÷ TTM diluted EPS (equivalent to market capitalisation ÷ TTM net income). A higher P/E implies the market is pricing in stronger future earnings growth or lower risk; a lower P/E can signal slower expected growth, higher risk, or potential undervaluation.

Question 4

What is a good P/E ratio for Molson Coors Beverage?

Accepted Answer

There is no universal "good" P/E. As a rule of thumb, the S&P 500 has historically averaged a P/E in the mid-to-high teens; mature, slow-growth businesses commonly trade in the 10–18× range, while high-growth or asset-light companies often trade at 25–50×+. What matters is the comparison to sector peers and to the company's own historical range. For Molson Coors Beverage specifically, the relevant sector benchmark is the current sector median of 22.6×.

Question 5

Is Molson Coors Beverage's P/E ratio high or low?

Accepted Answer

Molson Coors Beverage's P/E ratio of 8.4× is below its own 5-year average of 41.2× and below the sector median of 22.6×. That places the current reading at the 0th 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 Molson Coors Beverage's historical P/E ratio range?

Accepted Answer

In the available daily series, Molson Coors Beverage (TAP) P/E ratio has ranged from a low of 7.8× in 2017 to a high of 353.4× in 2023. The 5-year average is 41.2× and the 5-year median is 12.8×.

Question 7

What was Molson Coors Beverage's P/E ratio in 2024?

Accepted Answer

Molson Coors Beverage (TAP) P/E ratio at the end of 2024 was 10.5×. Annual values reflect the multiple on the last trading day of each calendar year, using the trailing twelve-month earnings figure available at that date.

Question 8

Why does Molson Coors Beverage's P/E ratio change over time?

Accepted Answer

Valuation multiples move with two inputs: the numerator (market capitalisation, which tracks the share price) and the denominator (earnings). 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	$9.11B	-$2.14B	—	—	Dec 31, 2025
2024	$11.8B	$1.12B	10.5×	-3.4×	Dec 31, 2024
2023	$13.2B	$949M	13.9×	—	Dec 31, 2023
2022	$11.2B	-$175M	—	—	Dec 31, 2022
2021	$10.1B	$1.01B	10.0×	—	Dec 31, 2021
2020	$9.81B	-$949M	—	—	Dec 31, 2020
2019	$11.7B	$242M	48.3×	+37.5×	Dec 31, 2019
2018	$12.1B	$1.12B	10.9×	-1.8×	Dec 31, 2018
2017	$17.7B	$1.39B	12.7×	+2.1×	Dec 31, 2017
2016	$20.9B	$1.97B	10.6×	-37.6×	Dec 31, 2016
2015	$17.3B	$360M	48.2×	+21.3×	Dec 31, 2015
2014	$13.8B	$514M	26.9×	+8.7×	Dec 31, 2014
2013	$10.3B	$567M	18.2×	+0.7×	Dec 31, 2013
2012	$7.76B	$443M	17.5×	+5.9×	Dec 31, 2012
2011	$7.85B	$676M	11.6×	-1.6×	Dec 31, 2011
2010	$9.38B	$708M	13.3×	+1.6×	Dec 31, 2010
2009	$8.38B	$720M	11.6×	-11.6×	Dec 31, 2009
2008	$8.99B	$388M	23.2×	+4.4×	Dec 31, 2008
2007	$9.34B	$497M	18.8×	+0.1×	Dec 31, 2007
2006	$6.73B	$361M	18.6×	-28.0×	Dec 31, 2006
2005	$5.72B	$123M	46.7×	+22.4×	Dec 31, 2005
2004	$4.78B	$197M	24.3×	+12.5×	Dec 31, 2004
2003	$2.06B	$175M	11.8×	-2.0×	Dec 31, 2003
2002	$2.22B	$162M	13.8×	—	Dec 31, 2002


Colgate-Palmolive (CL)	32.8×
Archer-Daniels-Midland (ADM)	32.5×
Tootsie Roll Industries (TR)	32.2×
Church & Dwight Co. (CHD)	30.1×
Mondelez International (MDLZ)	28.5×
Hormel Foods (HRL)	25.3×
Coca-Cola (KO)	24.1×
Sysco (SYY)	22.6×
Lamb Weston (LW)	21.9×
Marzetti (MZTI)	21.5×
Procter & Gamble (PG)	20.9×
Kenvue (KVUE)	20.4×
Keurig Dr Pepper (KDP)	19.5×
PepsiCo (PEP)	18.8×
Target (TGT)	17.0×
Clorox (CLX)	16.6×
Brown-Forman (BF-B)	16.5×
Dollar General (DG)	16.1×
Kimberly-Clark (KMB)	15.1×
Dollar Tree (DLTR)	14.5×
Altria Group (MO)	13.7×
Constellation Brands (STZ)	12.9×
Coca-Cola Europacific Partners (CCEP)	10.9×
Campbell Soup (CPB)	10.0×
McCormick & Company (MKC)	7.7×

P/E Ratio for Molson Coors Beverage (TAP) 2002-2026

P/E Ratio daily chart for Molson Coors Beverage (TAP)

Historical P/E Ratio for Molson Coors Beverage (TAP) from 2002 to 2025

About P/E Ratio at Molson Coors Beverage (TAP)

Molson Coors Beverage P/E Ratio by Year

Molson Coors Beverage P/E Ratio 2024: 10.5×

Molson Coors Beverage P/E Ratio 2023: 13.9×

Molson Coors Beverage P/E Ratio 2021: 10.0×

Molson Coors Beverage P/E Ratio 2019: 48.3×

Molson Coors Beverage P/E Ratio 2018: 10.9×

Sector peers by P/E Ratio — chart

Sector peers by P/E Ratio — table

Frequently asked questions

Molson Coors Beverage (TAP) Key Financials