Molson Coors
TAP
#1281
Rank
$11.94 B
Marketcap
$54.97
Share price
0.44%
Change (1 day)
24.99%
Change (1 year)
The Molson Coors Beverage Company is a multinational brewing company that is behind the brands Coors, Coors Light, Killian's Irish Red, Extra Gold, Blue Moon and Keystone.

P/E ratio for Molson Coors (TAP)

P/E ratio as of December 2022 (TTM): 24.0

According to Molson Coors's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 24.0044. At the end of 2021 the company had a P/E ratio of 9.99.

P/E ratio history for Molson Coors from 2001 to 2022

PE ratio at the end of each year

Year P/E ratio Change
20219.99
201948.1343.03%
201810.9-14.36%
201712.720.19%
201610.6-78.2%
201548.479.95%
201426.948.53%
201318.13.28%
201217.5

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
50.5 110.57%๐Ÿ‡ง๐Ÿ‡ช Belgium
16.4-31.65%๐Ÿ‡จ๐Ÿ‡ฑ Chile
178 641.53%๐Ÿ‡บ๐Ÿ‡ธ 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.