Molson Coors Beverage Co (MEX:TAP1) Cyclically Adjusted PB Ratio: 0.48 (As of Jul. 22, 2026) — 47% Below Median

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MEX:TAP1 Molson Coors Beverage Co MEX:TAP1
54 GF Score
Price MXN684.00
GF Value MXN968.75
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Molson Coors Beverage Co Cyclically Adjusted PB Ratio?

Molson Coors Beverage Co MEX:TAP1 54 Cyclically Adjusted PB Ratio is 0.48 as of Jul. 22, 2026, which is 47% below its 10-year median of 0.91. GuruFocus rates MEX:TAP1 with a GF Score™ of 54/100 and a GF Value™ of MXN968.75 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 170 Beverages - Alcoholic companies, Molson Coors Beverage Co ranks better than 80.59% on this metric.

As of today (2026-07-22), Molson Coors Beverage Co's current share price is MXN684.00. Molson Coors Beverage Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was MXN1,411.20. Molson Coors Beverage Co's Cyclically Adjusted PB Ratio for today is 0.48.

The historical rank and industry rank for Molson Coors Beverage Co's Cyclically Adjusted PB Ratio or its related term are showing as below:

MEX:TAP1' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.55   Med: 0.91   Max: 2.51
Current: 0.57

During the past years, Molson Coors Beverage Co's highest Cyclically Adjusted PB Ratio was 2.51. The lowest was 0.55. And the median was 0.91.

MEX:TAP1's Cyclically Adjusted PB Ratio is ranked better than
80.59% of 170 companies
in the Beverages - Alcoholic industry
Industry Median: 1.545 vs MEX:TAP1: 0.57

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

Molson Coors Beverage Co's adjusted book value per share data for the three months ended in Mar. 2026 was MXN965.895. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is MXN1,411.20 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Molson Coors Beverage Co  (MEX:TAP1) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


Molson Coors Beverage Co Cyclically Adjusted PB Ratio Related Terms


Molson Coors Beverage Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Molson Coors Beverage Co's Cyclically Adjusted PB 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.

Molson Coors Beverage Co Cyclically Adjusted PB Ratio Chart

Molson Coors Beverage Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.79 0.81 0.93 0.85 0.66

Molson Coors Beverage Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Cyclically Adjusted PB Ratio Get a 7-Day Free Trial 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 0.88 0.69 0.64 0.66 0.60

MEX:TAP1 vs SAM, STZ, BUD: Cyclically Adjusted PB Ratio Comparison

For the Beverages - Brewers subindustry, Molson Coors Beverage Co's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB 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.


Molson Coors Beverage Co Cyclically Adjusted PB Ratio vs Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Molson Coors Beverage Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Molson Coors Beverage Co's Cyclically Adjusted PB Ratio falls into.


MEX:TAP1
54GF Score
Molson Coors Beverage Co MEX:TAP1
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Molson Coors Beverage Co Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

Molson Coors Beverage Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=684.00/1411.20
=0.48

* 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.

Molson Coors Beverage Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Molson Coors Beverage Co's adjusted Book Value per Share data for the three months ended in Mar. 2026 was:

Adj_Book=Book Value per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=965.895/330.2130*330.2130
=965.895

Current CPI (Mar. 2026) = 330.2130.

Molson Coors Beverage Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 848.247 241.018 1,162.163
201609 892.501 241.428 1,220.718
201612 1,095.483 241.432 1,498.321
201703 1,014.326 243.801 1,373.840
201706 1,015.539 244.955 1,369.003
201709 1,052.163 246.819 1,407.663
201712 1,183.330 246.524 1,585.042
201803 1,132.225 249.554 1,498.174
201806 1,236.207 251.989 1,619.958
201809 1,201.705 252.439 1,571.939
201812 1,227.707 251.233 1,613.661
201903 1,171.892 254.202 1,522.309
201906 1,234.361 256.143 1,591.307
201909 1,201.350 256.759 1,545.034
201912 1,170.022 256.974 1,503.485
202003 1,373.944 258.115 1,757.721
202006 1,385.585 257.797 1,774.800
202009 1,377.522 260.280 1,747.640
202012 1,135.146 260.474 1,439.069
202103 1,185.553 264.877 1,477.988
202106 1,191.680 271.696 1,448.340
202109 1,258.510 274.310 1,514.988
202112 1,268.380 278.802 1,502.269
202203 1,241.621 287.504 1,426.065
202206 1,241.504 296.311 1,383.549
202209 1,223.652 296.808 1,361.371
202212 1,143.774 296.797 1,272.550
202303 1,058.042 301.836 1,157.513
202306 1,033.297 305.109 1,118.315
202309 1,069.188 307.789 1,147.084
202312 1,050.127 306.746 1,130.465
202403 1,026.588 312.332 1,085.360
202406 1,163.594 314.175 1,222.993
202409 1,272.866 315.301 1,333.066
202412 1,344.100 315.605 1,406.313
202503 1,322.215 319.799 1,365.272
202506 1,277.293 322.561 1,307.594
202509 958.356 324.800 974.328
202512 965.752 324.054 984.107
202603 965.895 330.213 965.895

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.

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.

What does a Cyclically Adjusted PB Ratio of 0.48 mean?
Molson Coors Beverage Co (MEX:TAP1) has a Cyclically Adjusted PB Ratio of 0.48 as of Jul. 22, 2026. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Molson Coors Beverage Co and its competitors. This is 47% below median its historical median of 0.91. Over the past decade, Molson Coors Beverage Co's Cyclically Adjusted PB Ratio has ranged from 0.55 to 2.51. According to the industry distribution chart, Molson Coors Beverage Co ranks #33 out of 170 companies in the Beverages - Alcoholic industry, placing it in the top 19.4%.
Is Molson Coors Beverage Co's Cyclically Adjusted PB Ratio too high?
Molson Coors Beverage Co's current Cyclically Adjusted PB Ratio of 0.48 is 47% below median its 10-year median of 0.91. Over the past 10 years, this metric has ranged from a low of 0.55 to a high of 2.51. The Beverages - Alcoholic industry median Cyclically Adjusted PB Ratio is 1.55. Molson Coors Beverage Co's value of 0.48 is 68.9% below this industry median. Based on the distribution chart, Molson Coors Beverage Co ranks #33 out of 170 companies in the Beverages - Alcoholic industry, which is in the top quartile — a strong position relative to peers. Overall, Molson Coors Beverage Co has a GF Score™ of 54/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Molson Coors Beverage Co's Cyclically Adjusted PB Ratio compare to SAM and STZ?
According to the Beverages - Alcoholic industry distribution chart, Molson Coors Beverage Co ranks #33 out of 170 companies for Cyclically Adjusted PB Ratio. This places Molson Coors Beverage Co in the top 19% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.55. Molson Coors Beverage Co's value of 0.48 is 68.9% below this benchmark. Historically, Molson Coors Beverage Co's own Cyclically Adjusted PB Ratio has ranged from 0.55 to 2.51 over the past decade. While the company's 10-year median is 0.91 vs. the industry median of 1.55, Molson Coors Beverage Co has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PB Ratio for a Beverages - Alcoholic company?
The median Cyclically Adjusted PB Ratio among Beverages - Alcoholic companies is 1.55, based on 170 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Molson Coors Beverage Co's current Cyclically Adjusted PB Ratio of 0.48 is 68.9% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PB Ratio mean?
A high Cyclically Adjusted PB Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Molson Coors Beverage Co and its competitors. For the Beverages - Alcoholic industry, the median Cyclically Adjusted PB Ratio is 1.55 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Molson Coors Beverage Co's current Cyclically Adjusted PB Ratio is 0.48, which is 47% below median its own 10-year median of 0.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Molson Coors Beverage Co stock overvalued right now?
Based on GuruFocus' analysis, Molson Coors Beverage Co (MEX:TAP1) is currently considered Modestly Undervalued. The stock's GF Value™ is MXN968.75, compared to a current price of MXN684.00 — trading 29.4% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.48, which is 47% below median its 10-year median of 0.91 and 68.9% below the Beverages - Alcoholic industry median of 1.55. Molson Coors Beverage Co's overall GF Score™ is 54/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For Molson Coors Beverage Co (MEX:TAP1), the current Cyclically Adjusted PB Ratio is 0.48 as of Jul. 22, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Molson Coors Beverage Co (MEX:TAP1) Overvalued in 2026?

Based on GuruFocus' analysis, Molson Coors Beverage Co stock appears to be undervalued. The current stock price of MXN684.00 is trading 29.4% below its estimated GF Value™ of MXN968.75. GuruFocus considers Molson Coors Beverage Co to be Modestly Undervalued.

Key valuation signals for MEX:TAP1:

  • Cyclically Adjusted PB Ratio: 0.48 (47% below median its 10-year median of 0.91)
  • GF Value™: MXN968.75 vs. price of MXN684.00 (29.4% below fair value)
  • GF Score™: 54/100 with 2 warning signs
  • Industry Position: 68.9% below the Beverages - Alcoholic median (#33 of 170)

No single metric tells the full story. See the MEX:TAP1 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Molson Coors Beverage Co Business Description

Address BC555, P.O. Box 4030, Golden, CO, USA, 80401
Molson Coors owns well-known beer brands including Miller, Coors, Blue Moon, and Carling, and ranks as the second-largest beer maker in both value and volume in the US, Canada, and the United Kingdom. Through licensing agreements, it also brews and distributes beer and nonbeer beverage categories under partner brands from Heineken, Anheuser-Busch InBev, Asahi, Fever-Tree, and Coca-Cola. North America remains its largest market, accounting for nearly 80% of total revenue.
54GF Score

Get the complete analysis for MEX:TAP1

Cyclically Adjusted PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN684.00
Price
MXN968.75
GF Value