Molson Coors Beverage Co (MEX:TAP1) E10: MXN54.84 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

MEX:TAP1 Molson Coors Beverage Co MEX:TAP1
54 GF Score
Price MXN684.00
GF Value MXN951.12
Valuation Modestly Undervalued
! 2 Warning Signs
View Full Analysis

What is Molson Coors Beverage Co E10?

Molson Coors Beverage Co MEX:TAP1 54 E10 is MXN54.84 as of Mar. 2026. GuruFocus rates MEX:TAP1 with a GF Score™ of 54/100 and a GF Value™ of MXN951.12 (Modestly Undervalued). The stock has 2 warning signs investors should review.

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

Molson Coors Beverage Co's adjusted earnings per share data for the three months ended in Mar. 2026 was MXN14.426. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is MXN54.84 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Molson Coors Beverage Co's average E10 Growth Rate was -31.40% per year. During the past 3 years, the average E10 Growth Rate was -8.20% per year. During the past 5 years, the average E10 Growth Rate was -2.40% per year. During the past 10 years, the average E10 Growth Rate was -1.00% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the E10 growth rate using E10 data.

During the past 13 years, the highest 3-Year average E10 Growth Rate of Molson Coors Beverage Co was 27.20% per year. The lowest was -8.20% per year. And the median was 8.90% per year.

As of today (2026-07-21), Molson Coors Beverage Co's current stock price is MXN684.00. Molson Coors Beverage Co's E10 for the quarter that ended in Mar. 2026 was MXN54.84. Molson Coors Beverage Co's Shiller PE Ratio of today is 12.47.

During the past 13 years, the highest Shiller PE Ratio of Molson Coors Beverage Co was 35.32. The lowest was 7.94. And the median was 14.37.


Molson Coors Beverage Co  (MEX:TAP1) E10 Explanation

If a company grows much fast than inflation, E10 may underestimate the company's earnings power. Shiller PE Ratio can seem to be too high even the actual P/E is low.

For the Shiller P/E, 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 P/E is also called PE10.

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

Molson Coors Beverage Co's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=684.00/54.84
=12.47

* 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.

During the past 13 years, the highest Shiller P/E Ratio of Molson Coors Beverage Co was 35.32. The lowest was 7.94. And the median was 14.37.


Be Aware

Shiller PE Ratio works better for cyclical companies. It gives you a better idea on the company's real earnings power.


Molson Coors Beverage Co E10 Related Terms


Molson Coors Beverage Co E10 Historical Data

* Premium members only.

The historical data trend for Molson Coors Beverage Co's E10 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 E10 Chart

Molson Coors Beverage Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 74.44 83.13 64.72 65.69 50.10

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
E10 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 62.63 79.77 49.05 50.10 54.84

MEX:TAP1 vs SAM, STZ, BUD: E10 Comparison

For the Beverages - Brewers subindustry, Molson Coors Beverage Co'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.


Molson Coors Beverage Co Shiller PE Ratio vs Beverages - Alcoholic Industry

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

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


MEX:TAP1
54GF Score
Molson Coors Beverage Co MEX:TAP1
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Molson Coors Beverage Co E10 Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. When we calculate the today's Shiller P/E ratio of a stock, we use today's price divided by E10.

What is E10? How do we calculate E10?

E10 is the average of the inflation adjusted earnings of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the E10 of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the earnings from 2001 through 2010.

We adjusted the earnings of 2001 earnings data with the total inflation from 2001 through 2010 to the equivalent earnings in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart earned $1 a share in 2001, then the 2001's equivalent earnings in 2010 is $1.4 a share. If Wal-Mart earns $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 earnings in 2010 is $1.35. So on and so forth, you get the equivalent earnings of past 10 years. Then you add them together and divided the sum by 10 to get 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.

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

Adj_EPS= Earnings per Share (Diluted) /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=14.426/330.2130*330.2130
=14.426

Current CPI (Mar. 2026) = 330.2130.

Molson Coors Beverage Co Quarterly Data

per share eps CPI Adj_EPS
201606 14.795 241.018 20.270
201609 18.175 241.428 24.859
201612 137.103 241.432 187.519
201703 18.076 243.801 24.483
201706 27.476 244.955 37.039
201709 24.137 246.819 32.292
201712 53.419 246.524 71.553
201803 23.255 249.554 30.771
201806 38.513 251.989 50.468
201809 29.180 252.439 38.170
201812 6.872 251.233 9.032
201903 13.579 254.202 17.639
201906 29.198 256.143 37.641
201909 -36.720 256.759 -47.225
201912 14.145 256.974 18.176
202003 -12.662 258.115 -16.199
202006 20.774 257.797 26.609
202009 34.904 260.280 44.282
202012 -125.717 260.474 -159.376
202103 7.972 264.877 9.938
202106 35.632 271.696 43.306
202109 42.769 274.310 51.485
202112 7.590 278.802 8.990
202203 13.938 287.504 16.009
202206 4.426 296.311 4.932
202209 19.914 296.808 22.155
202212 -53.224 296.797 -59.216
202303 5.948 301.836 6.507
202306 26.916 305.109 29.131
202309 34.489 307.789 37.002
202312 8.148 306.746 8.771
202403 16.098 312.332 17.020
202406 37.190 314.175 39.088
202409 18.903 315.301 19.797
202412 28.989 315.605 30.331
202503 12.070 319.799 12.463
202506 40.106 322.561 41.057
202509 -271.311 324.800 -275.833
202512 21.967 324.054 22.385
202603 14.426 330.213 14.426

Add all the adjusted EPS together and divide 10 will get our e10.

Frequently Asked Questions Learn more about E10 →
What does a E10 of MXN54.84 mean?
Molson Coors Beverage Co (MEX:TAP1) has a E10 of MXN54.84 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Molson Coors Beverage Co and its competitors.
Is Molson Coors Beverage Co's E10 too high?
Molson Coors Beverage Co's current E10 is MXN54.84. 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 E10 compare to SAM and STZ?
Molson Coors Beverage Co's E10 of MXN54.84 can be compared against companies in the Beverages - Alcoholic industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good E10 for a Beverages - Alcoholic company?
A good E10 depends on the Beverages - Alcoholic industry context. However, E10 should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high E10 mean?
A high E10 can signal that a stock is expensive relative to its fundamentals. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Molson Coors Beverage Co and its competitors. Molson Coors Beverage Co's current E10 is MXN54.84. 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 MXN951.12, compared to a current price of MXN684.00 — trading 28.1% below its estimated fair value. The current E10 is MXN54.84. 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 E10 calculated?
E10 is calculated from a company's financial statements. For Molson Coors Beverage Co (MEX:TAP1), the current E10 is MXN54.84 as of Mar. 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 28.1% below its estimated GF Value™ of MXN951.12. GuruFocus considers Molson Coors Beverage Co to be Modestly Undervalued.

Key valuation signals for MEX:TAP1:

  • E10: MXN54.84
  • GF Value™: MXN951.12 vs. price of MXN684.00 (28.1% below fair value)
  • GF Score™: 54/100 with 2 warning signs

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

E10 is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN684.00
Price
MXN951.12
GF Value