Molson Coors Beverage Co (MIL:1TAP) Cyclically Adjusted PB Ratio: 0.54 (As of Sep. 05, 2026) — 41% Below Median

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MIL:1TAP Molson Coors Beverage Co MIL:1TAP
40 GF Score
Price €35.07
GF Value €51.59
Valuation Possible Value Trap
! 1 Warning Sign
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What is Molson Coors Beverage Co Cyclically Adjusted PB Ratio?

Molson Coors Beverage Co MIL:1TAP 40 Cyclically Adjusted PB Ratio is 0.54 as of Sep. 05, 2026, which is 41% below its 10-year median of 0.91. GuruFocus rates MIL:1TAP with a GF Score™ of 40/100 and a GF Value™ of €51.59 (Possible Value Trap). The stock has 1 warning sign investors should review. Among 156 Beverages - Alcoholic companies, Molson Coors Beverage Co ranks better than 78.85% on this metric.

As of today (2026-09-05), Molson Coors Beverage Co's current share price is €35.07. Molson Coors Beverage Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was €65.04. Molson Coors Beverage Co's Cyclically Adjusted PB Ratio for today is 0.54.

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

MIL:1TAP' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.55   Med: 0.91   Max: 2.51
Current: 0.56

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.

MIL:1TAP's Cyclically Adjusted PB Ratio is ranked better than
78.85% of 156 companies
in the Beverages - Alcoholic industry
Industry Median: 1.4 vs MIL:1TAP: 0.56

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 Jun. 2026 was €47.013. 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 €65.04 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Molson Coors Beverage Co  (MIL:1TAP) 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
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.69 0.64 0.66 0.60 0.54

MIL:1TAP vs SAM, STZ: 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.


MIL:1TAP
40GF Score
Molson Coors Beverage Co MIL:1TAP
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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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
=35.07/65.04
=0.54

* 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 Jun. 2026 is calculated as:

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

Adj_Book=Book Value per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=47.013/333.9520*333.9520
=47.013

Current CPI (Jun. 2026) = 333.9520.

Molson Coors Beverage Co Quarterly Data

Book Value per Share CPI Adj_Book
201609 41.127 241.428 56.888
201612 50.372 241.432 69.675
201703 50.369 243.801 68.994
201706 50.002 244.955 68.169
201709 48.643 246.819 65.815
201712 50.913 246.524 68.969
201803 50.542 249.554 67.635
201806 53.853 251.989 71.369
201809 55.058 252.439 72.836
201812 54.961 251.233 73.057
201903 53.466 254.202 70.240
201906 56.870 256.143 74.145
201909 55.254 256.759 71.866
201912 55.834 256.974 72.559
202003 53.029 258.115 68.609
202006 53.305 257.797 69.052
202009 52.941 260.280 67.926
202012 46.908 260.474 60.140
202103 48.719 264.877 61.424
202106 49.688 271.696 61.073
202109 52.025 274.310 63.337
202112 54.720 278.802 65.544
202203 56.622 287.504 65.770
202206 58.379 296.311 65.795
202209 61.441 296.808 69.130
202212 55.382 296.797 62.315
202303 54.824 301.836 60.657
202306 55.631 305.109 60.890
202309 57.514 307.789 62.403
202312 56.731 306.746 61.763
202403 56.908 312.332 60.847
202406 59.005 314.175 62.719
202409 58.245 315.301 61.690
202412 61.547 315.605 65.125
202503 59.783 319.799 62.429
202506 58.814 322.561 60.891
202509 44.511 324.800 45.765
202512 45.805 324.054 47.204
202603 46.332 330.213 46.857
202606 47.013 333.952 47.013

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 0.54 mean?
Molson Coors Beverage Co (MIL:1TAP) has a Cyclically Adjusted PB Ratio of 0.54 as of Sep. 05, 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 41% 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 156 companies in the Beverages - Alcoholic industry, placing it in the top 21.2%.
Is Molson Coors Beverage Co's Cyclically Adjusted PB Ratio too high?
Molson Coors Beverage Co's current Cyclically Adjusted PB Ratio of 0.54 is 41% 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 1.40. Molson Coors Beverage Co's value of 0.54 is 61.4% below this industry median. Based on the distribution chart, Molson Coors Beverage Co ranks #33 out of 156 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 40/100 and is considered Possible Value Trap, 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 156 companies for Cyclically Adjusted PB Ratio. This places Molson Coors Beverage Co in the top 21% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.40. Molson Coors Beverage Co's value of 0.54 is 61.4% 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 1.40, 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 1.40, based on 156 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 0.54 is 61.4% 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 1.40 — 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 0.54, which is 41% 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 (MIL:1TAP) is currently considered Possible Value Trap. The stock's GF Value™ is €51.59, compared to a current price of €35.07 — trading 32% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.54, which is 41% below median its 10-year median of 0.91 and 61.4% below the Beverages - Alcoholic industry median of 1.40. Molson Coors Beverage Co's overall GF Score™ is 40/100 with 1 warning sign 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 (MIL:1TAP), the current Cyclically Adjusted PB Ratio is 0.54 as of Sep. 05, 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 (MIL:1TAP) Overvalued in 2026?

Based on GuruFocus' analysis, Molson Coors Beverage Co stock appears to be undervalued. The current stock price of €35.07 is trading 32% below its estimated GF Value™ of €51.59. GuruFocus considers Molson Coors Beverage Co to be Possible Value Trap.

Key valuation signals for MIL:1TAP:

  • Cyclically Adjusted PB Ratio: 0.54 (41% below median its 10-year median of 0.91)
  • GF Value™: €51.59 vs. price of €35.07 (32% below fair value)
  • GF Score™: 40/100 with 1 warning sign
  • Industry Position: 61.4% below the Beverages - Alcoholic median (#33 of 156)

No single metric tells the full story. See the MIL:1TAP 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.
40GF Score

Get the complete analysis for MIL:1TAP

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

€35.07
Price
€51.59
GF Value