Monster BeverageMNST +0.57%97 PB Ratio is 10.80 as of Jun. 28, 2026, which is 31% above its 10-year median of 8.25. GuruFocus rates MNST with a GF Score™ of 97/100 and a GF Value™ of $76.86 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 112 Beverages - Non-Alcoholic companies, Monster Beverage ranks worse than 92.86% on this metric.
The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2026-06-28), Monster Beverage's share price is $96.38. Monster Beverage's Book Value per Share for the quarter that ended in Mar. 2026 was $8.92. Hence, Monster Beverage's PB Ratio of today is 10.80.
Warning Sign:
Monster Beverage Corp stock PB Ratio (=10.8) is close to 10-year high of 10.8.
The historical rank and industry rank for Monster Beverage's PB Ratio or its related term are showing as below:
MNST'
s PB Ratio Range Over the Past 10 Years
Min: 5.83 Med: 8.25 Max: 10.8
Current: 10.8
During the past 13 years, Monster Beverage's highest PB Ratio was 10.80. The lowest was 5.83. And the median was 8.25.
MNST's PB Ratio is ranked worse than 92.86% of 112
companies
in the Beverages - Non-Alcoholic industry
Industry Median: 2.13
vs MNST: 10.80
During the past 12 months, Monster Beverage's average Book Value Per Share Growth Rate was 33.50% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 7.90% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 8.50% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 10.60% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Monster Beverage was 89.00% per year. The lowest was -8.40% per year. And the median was 20.10% per year.
The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.
Be Aware
Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.
Monster Beverage PB Ratio Related Terms
Monster Beverage PB Ratio Historical Data
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The historical data trend for Monster Beverage's 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.
For the Beverages - Non-Alcoholic subindustry, Monster Beverage's PB Ratio, along with its competitors' market caps and 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.
Monster Beverage PB Ratio vs Beverages - Non-Alcoholic Industry
For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, Monster Beverage's PB Ratio distribution charts can be found below:
* The bar in red indicates where Monster Beverage's PB Ratio falls into.
The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.
* 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.
It can also be calculated from the numbers for the whole company:
A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.
Monster Beverage (MNST) has a PB Ratio of 10.80 as of Jun. 28, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Monster Beverage and its competitors. This is 31% above median its historical median of 8.25. Over the past decade, Monster Beverage's PB Ratio has ranged from 5.83 to 10.80. According to the industry distribution chart, Monster Beverage ranks #104 out of 112 companies in the Beverages - Non-Alcoholic industry, placing it in the top 92.9%.
Is Monster Beverage's PB Ratio too high?
Monster Beverage's current PB Ratio of 10.80 is 31% above median its 10-year median of 8.25. Over the past 10 years, this metric has ranged from a low of 5.83 to a high of 10.80. The Beverages - Non-Alcoholic industry median PB Ratio is 2.13. Monster Beverage's value of 10.80 is 407% above this industry median. Based on the distribution chart, Monster Beverage ranks #104 out of 112 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 PB Ratio compare to KDP and COCSF?
According to the Beverages - Non-Alcoholic industry distribution chart, Monster Beverage ranks #104 out of 112 companies for PB Ratio. This places Monster Beverage in the lower half of its industry. The industry median PB Ratio is 2.13. Monster Beverage's value of 10.80 is 407% above this benchmark. Historically, Monster Beverage's own PB Ratio has ranged from 5.83 to 10.80 over the past decade. While the company's 10-year median is 8.25 vs. the industry median of 2.13, Monster Beverage has consistently been above 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 PB Ratio for a Beverages - Non-Alcoholic company?
The median PB Ratio among Beverages - Non-Alcoholic companies is 2.13, based on 112 companies in the industry. Companies in the top quartile (top 25%) have a PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Monster Beverage's current PB Ratio of 10.80 is 407% 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 PB Ratio mean?
A high PB Ratio can signal that a stock is expensive relative to its fundamentals. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Monster Beverage and its competitors. For the Beverages - Non-Alcoholic industry, the median PB Ratio is 2.13 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Monster Beverage's current PB Ratio is 10.80, which is 31% above median its own 10-year median of 8.25. 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 (MNST) is currently considered Modestly Overvalued. The stock's GF Value™ is $76.86, compared to a current price of $96.38 — trading 25.4% above its estimated fair value. The current PB Ratio is 10.80, which is 31% above median its 10-year median of 8.25 and 407% above the Beverages - Non-Alcoholic industry median of 2.13. 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 PB Ratio calculated?
PB Ratio is calculated from a company's financial statements. For Monster Beverage (MNST), the current PB Ratio is 10.80 as of Jun. 28, 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 (MNST) Overvalued in 2026?
Based on GuruFocus' analysis, Monster Beverage stock appears to be overvalued.
The current stock price of $96.38 is trading 25.4% above its estimated GF Value™ of $76.86.
GuruFocus considers Monster Beverage to be Modestly Overvalued.
Key valuation signals for MNST:
PB Ratio: 10.80 (31% above median its 10-year median of 8.25)
GF Value™: $76.86 vs. price of $96.38 (25.4% above fair value)
Industry Position: 407% above the Beverages - Non-Alcoholic median (#104 of 112)
No single metric tells the full story. See the 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.
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