P/E ratio for Molson Coors (TAP)
P/E ratio as of March 2023 (TTM): -62.8
According to Molson Coors's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -62.821. 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 |
|---|---|---|
| 2021 | 9.99 | |
| 2019 | 48.1 | 343.03% |
| 2018 | 10.9 | -14.36% |
| 2017 | 12.7 | 20.19% |
| 2016 | 10.6 | -78.2% |
| 2015 | 48.4 | 79.95% |
| 2014 | 26.9 | 48.53% |
| 2013 | 18.1 | 3.28% |
| 2012 | 17.5 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Anheuser-Busch Inbev BUD | 51.1 | -181.31% | 🇧🇪 Belgium |
 Compañía Cervecerías Unidas CCU | 19.1 | -130.33% | 🇨🇱 Chile |
 Boston Beer Company SAM | 146 | -331.68% | 🇺🇸 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.