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Monster Beverage (MEX:MNST) Forward PE Ratio Explanation
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 .
Monster Beverage Forward PE Ratio Related Terms
Monster Beverage Forward PE Ratio Historical Data
* Premium members only.
The historical data trend for Monster Beverage'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.
Monster Beverage Forward PE Ratio Chart
Monster Beverage Annual Data
Trend
2018-12
2020-12
2021-12
2022-12
2023-12
2024-12
2025-12
Forward PE Ratio
24.63
34.25
31.75
33.56
31.45
28.19
33.91
Monster Beverage Quarterly Data
2018-03
2018-06
2018-09
2018-12
2019-03
2019-06
2019-09
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
32.89
31.06
29.50
24.63
27.32
30.77
25.91
25.84
32.57
31.75
34.25
33.56
34.25
30.21
31.75
28.41
33.33
28.65
33.56
36.23
37.88
31.55
31.45
33.00
27.25
26.32
28.19
31.87
34.54
29.90
33.91
34.16
MEX:MNST vs KDP, COCSF, COKE: Forward PE Ratio Comparison
For the Beverages - Non-Alcoholic subindustry, Monster Beverage'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.
Monster Beverage Forward PE Ratio vs Beverages - Non-Alcoholic Industry
For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, Monster Beverage's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where Monster Beverage'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.
Monster Beverage (MEX:MNST) has a Forward PE Ratio of 42.67 as of Jul. 14, 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 Monster Beverage and its competitors. According to the industry distribution chart, Monster Beverage ranks #54 out of 61 companies in the Beverages - Non-Alcoholic industry, placing it in the top 88.5%.
Is Monster Beverage's Forward PE Ratio too high?
Monster Beverage's current Forward PE Ratio is 42.67. The Beverages - Non-Alcoholic industry median Forward PE Ratio is 15.94. Monster Beverage's value of 42.67 is 167.7% above this industry median. Based on the distribution chart, Monster Beverage ranks #54 out of 61 companies in the Beverages - Non-Alcoholic industry, which is in the bottom quartile relative to peers. Overall, Monster Beverage has a GF Score™ of 97/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Monster Beverage's Forward PE Ratio compare to KDP and COCSF?
According to the Beverages - Non-Alcoholic industry distribution chart, Monster Beverage ranks #54 out of 61 companies for Forward PE Ratio. This places Monster Beverage in the lower half of its industry. The industry median Forward PE Ratio is 15.94. Monster Beverage's value of 42.67 is 167.7% 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 - Non-Alcoholic company?
The median Forward PE Ratio among Beverages - Non-Alcoholic companies is 15.94, based on 61 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. Monster Beverage's current Forward PE Ratio of 42.67 is 167.7% 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 Monster Beverage and its competitors. For the Beverages - Non-Alcoholic industry, the median Forward PE Ratio is 15.94 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Monster Beverage's current Forward PE Ratio is 42.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Monster Beverage stock overvalued right now?
Based on GuruFocus' analysis, Monster Beverage (MEX:MNST) is currently considered Modestly Overvalued. The stock's GF Value™ is MXN1,365.36, compared to a current price of MXN1,715.00 — trading 25.6% above its estimated fair value. The current Forward PE Ratio is 42.67 and 167.7% above the Beverages - Non-Alcoholic industry median of 15.94. Monster Beverage's overall GF Score™ is 97/100 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 Monster Beverage (MEX:MNST), the current Forward PE Ratio is 42.67 as of Jul. 14, 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 Monster Beverage (MEX:MNST) Overvalued in 2026?
Based on GuruFocus' analysis, Monster Beverage stock appears to be overvalued.
The current stock price of MXN1,715.00 is trading 25.6% above its estimated GF Value™ of MXN1,365.36.
GuruFocus considers Monster Beverage to be Modestly Overvalued.
Key valuation signals for MEX:MNST:
Forward PE Ratio: 42.67
GF Value™: MXN1,365.36 vs. price of MXN1,715.00 (25.6% above fair value)
Industry Position: 167.7% above the Beverages - Non-Alcoholic median (#54 of 61)
No single metric tells the full story. See the MEX:MNST stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Monster Beverage is a leader in the energy drink category within the nonalcoholic ready-to-drink beverage market, generating two-thirds of revenue in the US 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, Bang, 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 co-packers 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, owning a 20% stake.
97GF Score
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