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AmbevBSP:ABEV3 +0.06%81 Forward PE Ratio is 15.50 as of Jul. 22, 2026. GuruFocus rates BSP:ABEV3 with a GF Score™ of 81/100 and a GF Value™ of R$14.17 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 108 Beverages - Alcoholic companies, Ambev ranks worse than 52.78% on this metric.
The Forward PE Ratio of a company is often used to compare current earnings to estimated future earnings, as well as gaining a clearer picture of what earnings will look like without charges and other accounting adjustments. If earnings are expected to grow in the future, the Forward PE Ratio will be lower than the current PE Ratio. This measure is also used to compare one company to another with a forward-looking focus.
Trailing PE Ratio relies on what is already done. It uses the current share price and divides by the total EPS (Basic) over the past 12 months. PE Ratio can be affected by Non Operating Income such as the sale of part of businesses. This may increase for the current year or quarter dramatically. But it cannot be repeated over and over. Therefore PE Ratio without NRI is a more accurate indication of valuation than PE Ratio .
Ambev Forward PE Ratio Related Terms
Ambev Forward PE Ratio Historical Data
* Premium members only.
The historical data trend for Ambev's Forward 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.
Ambev Forward PE Ratio Chart
Ambev Annual Data
Trend
2015-12
2016-12
2017-12
2018-12
2019-12
2020-12
2021-12
2022-12
2023-12
2024-12
2025-12
Forward PE Ratio
17.86
16.16
21.93
17.99
22.27
21.83
19.65
16.18
14.12
12.42
13.91
Ambev Quarterly Data
2015-12
2016-03
2016-06
2016-09
2016-12
2017-03
2017-06
2017-09
2017-12
2018-03
2018-06
2018-09
2018-12
2019-03
2019-06
2019-09
2019-12
2020-03
2020-06
2020-09
2020-12
2021-03
2021-06
2021-09
2021-12
2022-03
2022-06
2022-09
2022-12
2023-03
2023-06
2023-09
2023-12
2024-03
2024-06
2024-09
2024-12
2025-03
2025-06
2025-09
2025-12
2026-03
Forward PE Ratio
17.86
18.45
19.16
18.80
16.16
18.42
24.10
21.93
21.93
25.71
20.53
29.59
17.99
21.69
23.15
21.69
22.27
14.51
24.04
17.76
21.83
22.62
25.00
19.61
19.65
18.18
17.01
16.72
16.18
16.50
16.67
12.94
14.12
13.42
12.27
13.18
12.42
13.44
13.20
12.16
13.91
14.75
BSP:ABEV3 vs BUD, STZ, TAP: Forward PE Ratio Comparison
For the Beverages - Brewers subindustry, Ambev's Forward PE Ratio, along with its competitors' market caps and Forward 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.
Ambev Forward PE Ratio vs Beverages - Alcoholic Industry
For the Beverages - Alcoholic industry and Consumer Defensive sector, Ambev's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where Ambev's Forward PE Ratio falls into.
It's a measure of the price-to-earnings ratio (PE Ratio) using forecasted earnings for the calculation. While the earnings used are just an estimate and are not as reliable as current earnings data, there is still benefit in estimated P/E analysis. The forecasted earnings used in the formula can either be for the next 12 months or for the next full-year fiscal period.
Ambev (BSP:ABEV3) has a Forward PE Ratio of 15.50 as of Jul. 22, 2026. Forward P/E ratio is the share price dividend by the expected per-share earnings in the next 12 months. View historical data on Ambev and its competitors. According to the industry distribution chart, Ambev ranks #57 out of 108 companies in the Beverages - Alcoholic industry, placing it in the top 52.8%.
Is Ambev's Forward PE Ratio too high?
Ambev's current Forward PE Ratio is 15.50. The Beverages - Alcoholic industry median Forward PE Ratio is 15.00. Ambev's value of 15.50 is 3.4% above this industry median. Based on the distribution chart, Ambev ranks #57 out of 108 companies in the Beverages - Alcoholic industry, which is below the industry midpoint. Overall, Ambev has a GF Score™ of 81/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ambev's Forward PE Ratio compare to BUD and STZ?
According to the Beverages - Alcoholic industry distribution chart, Ambev ranks #57 out of 108 companies for Forward PE Ratio. This places Ambev in the lower half of its industry. The industry median Forward PE Ratio is 15.00. Ambev's value of 15.50 is 3.4% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Forward PE Ratio for a Beverages - Alcoholic company?
The median Forward PE Ratio among Beverages - Alcoholic companies is 15.00, based on 108 companies in the industry. Companies in the top quartile (top 25%) have a Forward PE Ratio significantly above this median, while those in the bottom quartile fall well below. However, Forward PE Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Ambev's current Forward PE Ratio of 15.50 is 3.4% above 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 Forward PE Ratio mean?
A high Forward PE Ratio can signal that a stock is expensive relative to its fundamentals. Forward P/E ratio is the share price dividend by the expected per-share earnings in the next 12 months. View historical data on Ambev and its competitors. For the Beverages - Alcoholic industry, the median Forward PE Ratio is 15.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ambev's current Forward PE Ratio is 15.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ambev stock overvalued right now?
Based on GuruFocus' analysis, Ambev (BSP:ABEV3) is currently considered Modestly Overvalued. The stock's GF Value™ is R$14.17, compared to a current price of R$15.80 — trading 11.5% above its estimated fair value. The current Forward PE Ratio is 15.50 and 3.4% above the Beverages - Alcoholic industry median of 15.00. Ambev's overall GF Score™ is 81/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Forward PE Ratio calculated?
Forward PE Ratio is calculated from a company's financial statements. For Ambev (BSP:ABEV3), the current Forward PE Ratio is 15.50 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 Ambev (BSP:ABEV3) Overvalued in 2026?
Based on GuruFocus' analysis, Ambev stock appears to be overvalued.
The current stock price of R$15.80 is trading 11.5% above its estimated GF Value™ of R$14.17.
GuruFocus considers Ambev to be Modestly Overvalued.
Key valuation signals for BSP:ABEV3:
Forward PE Ratio: 15.50
GF Value™: R$14.17 vs. price of R$15.80 (11.5% above fair value)
Industry Position: 3.4% above the Beverages - Alcoholic median (#57 of 108)
No single metric tells the full story. See the BSP:ABEV3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ambev is the largest brewer in Latin America and the Caribbean and is Anheuser-Busch InBev's subsidiary in the region. It produces, distributes, and sells beer and PepsiCo products in Brazil and other Latin American countries and owns Argentina's largest brewer, Quinsa. Ambev was formed in 1999 through the merger of Brazil's two largest beverage companies, Brahma and Antarctica. In 2004, Ambev combined with Canadian brewer Labatt, giving AB InBev a controlling interest of 62%.
81GF Score
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