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Monster Beverage (Monster Beverage) Shiller PE Ratio

: 49.03 (As of Today)
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As of today (2024-04-19), Monster Beverage's current share price is $53.44. Monster Beverage's E10 for the quarter that ended in Dec. 2023 was $1.09. Monster Beverage's Shiller PE Ratio for today is 49.03.

The historical rank and industry rank for Monster Beverage's Shiller PE Ratio or its related term are showing as below:

MNST' s Shiller PE Ratio Range Over the Past 10 Years
Min: 44.6   Med: 64.8   Max: 107.41
Current: 49.05

During the past years, Monster Beverage's highest Shiller PE Ratio was 107.41. The lowest was 44.60. And the median was 64.80.

MNST's Shiller PE Ratio is ranked worse than
95.08% of 61 companies
in the Beverages - Non-Alcoholic industry
Industry Median: 19.25 vs MNST: 49.05

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

Monster Beverage's adjusted earnings per share data for the three months ended in Dec. 2023 was $0.350. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $1.09 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Monster Beverage Shiller PE Ratio Historical Data

The historical data trend for Monster Beverage's Shiller PE Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Monster Beverage Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Shiller PE Ratio
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 57.43 68.95 58.71 53.82 52.96

Monster Beverage Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Shiller PE Ratio Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 53.82 54.60 56.01 49.67 52.96

Competitive Comparison

For the Beverages - Non-Alcoholic subindustry, Monster Beverage's Shiller PE Ratio, along with its competitors' market caps and Shiller PE Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Monster Beverage Shiller PE Ratio Distribution

For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, Monster Beverage's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Monster Beverage's Shiller PE Ratio falls into.



Monster Beverage Shiller PE Ratio Calculation

For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller PE Ratio is also called PE10.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

Monster Beverage's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=53.44/1.09
=49.03

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Monster Beverage's E10 for the quarter that ended in Dec. 2023 is calculated as:

For example, Monster Beverage's adjusted earnings per share data for the three months ended in Dec. 2023 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.35/129.4194*129.4194
=0.350

Current CPI (Dec. 2023) = 129.4194.

Monster Beverage Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 0.092 99.695 0.119
201406 0.135 100.560 0.174
201409 0.117 100.428 0.151
201412 0.120 99.070 0.157
201503 0.005 99.621 0.006
201506 0.210 100.684 0.270
201509 0.140 100.392 0.180
201512 0.112 99.792 0.145
201603 0.130 100.470 0.167
201606 0.150 101.688 0.191
201609 0.165 101.861 0.210
201612 0.150 101.863 0.191
201703 0.155 102.862 0.195
201706 0.195 103.349 0.244
201709 0.190 104.136 0.236
201712 0.175 104.011 0.218
201803 0.190 105.290 0.234
201806 0.240 106.317 0.292
201809 0.240 106.507 0.292
201812 0.215 105.998 0.263
201903 0.240 107.251 0.290
201906 0.265 108.070 0.317
201909 0.275 108.329 0.329
201912 0.235 108.420 0.281
202003 0.260 108.902 0.309
202006 0.295 108.767 0.351
202009 0.325 109.815 0.383
202012 0.440 109.897 0.518
202103 0.295 111.754 0.342
202106 0.375 114.631 0.423
202109 0.315 115.734 0.352
202112 0.300 117.630 0.330
202203 0.270 121.301 0.288
202206 0.260 125.017 0.269
202209 0.300 125.227 0.310
202212 0.285 125.222 0.295
202303 0.380 127.348 0.386
202306 0.390 128.729 0.392
202309 0.430 129.860 0.429
202312 0.350 129.419 0.350

Add all the adjusted EPS together and divide 10 will get our E10.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


Monster Beverage  (NAS:MNST) Shiller PE Ratio Explanation

Compared with the regular PE Ratio, which works poorly for cyclical businesses, the Shiller PE Ratio smoothed out the fluctuations of profit margins during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Shiller PE Ratio should give similar results to regular PE Ratio.

Compared with the PS Ratio, the Shiller PE Ratio makes the comparison between different industries more meaningful.


Be Aware

Shiller PE Ratio assumes that over the long term, businesses and profitability revert to their means. If a company's business model does not work in the future compared with the past, Shiller PE Ratio and PS Ratio will give false valuations.


Monster Beverage Shiller PE Ratio Related Terms

Thank you for viewing the detailed overview of Monster Beverage's Shiller PE Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Monster Beverage (Monster Beverage) Business Description

Address
1 Monster Way, Corona, CA, USA, 92879
Monster Beverage is a leader in the energy drink subsegment of the nonalcoholic beverage market, generating two thirds of revenue in the U.S. and Canada. The well-known Monster trademark includes brands such as Monster Energy, Monster Ultra, Java Monster, and Juice Monster. The firm also owns other energy drink brands, such as Reign, NOS, Burn, and Mother, and brews and distributes beers and flavored malt beverages following the acquisition of a craft brewer in 2022. Monster controls branding and innovation but outsources beverage manufacturing and packaging to copackers and finished goods distribution to bottlers in the global Coca-Cola system (pursuant to a 20-year agreement inked in 2015). Coke is the largest shareholder of Monster with a 19.5% stake.
Executives
Guy Carling officer: President of EMEA 1 MONSTER WAY, CORONA CA 92879
Thomas J Kelly officer: VP-Hansen Beverage Company MONSTER BEVERAGE CORPORATION, 1 MONSTER WAY, CORONA CA 92879
Mark Vidergauz director C/O MONSTER BEVERAGE CORPORATION, 1 MONSTER WAY, CORONA CA 92879
Ana Demel director 1 MONSTER WAY, CORONA CA 92879
Mark J Hall officer: Senior VP, Hansen Bev Co MONSTER BEVERAGE CORPORATION, 1 MONSTER WAY, CORONA CA 92879
James L Dinkins director C/O THE COCA-COLA COMPANY, ONE COCA-COLA PLAZA, ATLANTA GA 30313
Steven G Pizula director 1 MONSTER WAY, CORONA CA 92879
Emelie Tirre officer: President of the Americas 1 MONSTER WAY, CORONA CA 92879
Gary P Fayard director ONE COCA COLA PLAZA, ATLANTA GA 30313
Tiffany M. Hall director 1 MONSTER WAY, CORONA CA 92879
Jeanne P Jackson director 537 NEWPORT CENTER DRIVE, #306, NEWPORT BEACH CA 92660
Hilton H Schlosberg director, officer: Vice Chairman and President C/O MONSTER BEVERAGE CORP, 1 MONSTER WAY, CORONA CA 92879
Rodney C Sacks director, officer: Chairman and CEO C/O HANSEN NATURAL CORP, 550 MONICA CIRCLE, SUITE 201, CORONA CA 92880
Sydney Selati director 1 MONSTER WAY, CORONA CA 92879
Benjamin Polk director C/O MONSTER BEVERAGE CORPORATION, 1 MONSTER WAY, CORONA CA 92879

Monster Beverage (Monster Beverage) Headlines

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