P/E ratio for Molson Coors (TAP)
P/E ratio as of April 2024 (TTM): 53.7
According to Molson Coors's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 53.6923. At the end of 2022 the company had a P/E ratio of -63.6.
P/E ratio history for Molson Coors from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -63.6 | -736.74% |
| 2021 | 9.99 | -196.82% |
| 2020 | -10.3 | -121.44% |
| 2019 | 48.1 | 343.03% |
| 2018 | 10.9 | -13.17% |
| 2017 | 12.5 | 18.79% |
| 2016 | 10.5 | -78.25% |
| 2015 | 48.4 | 79.95% |
| 2014 | 26.9 | 47.57% |
| 2013 | 18.2 | 3.96% |
| 2012 | 17.5 | 47.01% |
| 2011 | 11.9 | -9.68% |
| 2010 | 13.2 | 14.06% |
| 2009 | 11.6 | -50.77% |
| 2008 | 23.5 | 24.84% |
| 2007 | 18.8 | -15.95% |
| 2006 | 22.4 | -52.15% |
| 2005 | 46.8 | 226.26% |
| 2004 | 14.4 | 23.11% |
| 2003 | 11.7 | -14.88% |
| 2002 | 13.7 | -14.55% |
| 2001 | 16.0 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Anheuser-Busch Inbev BUD | 19.2 | -64.22% | 🇧🇪 Belgium |
 Compañía Cervecerías Unidas CCU | 15.6 | -70.90% | 🇨🇱 Chile |
 Boston Beer Company SAM | 42.4 | -20.97% | 🇺🇸 USA |
How to read a P/E ratio?
The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.
Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.