Coca-Cola HBC AGATH:EEE +1.08%95 PE Ratio (TTM) is 21.70 as of Jun. 27, 2026, which is 3% below its 10-year median of 22.35. GuruFocus rates ATH:EEE with a GF Score™ of 95/100 and a GF Value™ of €38.52 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 92 Beverages - Non-Alcoholic companies, Coca-Cola HBC AG ranks worse than 61.96% on this metric.
The PE Ratio (TTM), or Price-to-Earnings ratio, or P/E Ratio, is a financial ratio used to compare a company's market price to its Earnings per Share (Diluted). As of today (2026-06-27), Coca-Cola HBC AG's share price is
€56.20.
Coca-Cola HBC AG's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was €2.59. Therefore, Coca-Cola HBC AG's PE Ratio (TTM) for today is 21.70.
Warning Sign:
Coca-Cola HBC AG stock PE Ratio (=20.05) is close to 2-year high of 21.63.
The historical rank and industry rank for Coca-Cola HBC AG's PE Ratio (TTM) or its related term are showing as below:
ATH:EEE'
s PE Ratio (TTM) Range Over the Past 10 Years
Min: 12.23 Med: 22.35 Max: 33.26
Current: 21.94
During the past 13 years, the highest PE Ratio (TTM) of Coca-Cola HBC AG was 33.26. The lowest was 12.23. And the median was 22.35.
ATH:EEE's PE Ratio (TTM) is ranked worse than 61.96% of 92
companies
in the Beverages - Non-Alcoholic industry
Industry Median: 16.82
vs ATH:EEE: 21.94
During the past 12 months, Coca-Cola HBC AG's average EPS without NRIGrowth Rate was 25.90% per year.
During the past 3 years, the average EPS without NRIGrowth Rate was 22.00% per year.
During the past 5 years, the average EPS without NRIGrowth Rate was 16.10% per year.
During the past 10 years, the average EPS without NRIGrowth Rate was 10.40% per year.
During the past 13 years, Coca-Cola HBC AG's highest 3-Year average EPS without NRI Growth Rate was 22.00% per year. The lowest was -16.70% per year. And the median was 11.30% per year.
Coca-Cola HBC AG's EPS (Basic) for the
six
months ended in Dec. 2025 was €1.29.
Its EPS (Basic) for the trailing twelve months (TTM) ended in Dec. 2025 was €2.59.
Coca-Cola HBC AG (ATH:EEE) PE Ratio (TTM) Explanation
The PE Ratio (TTM) can be viewed as the number of years it takes for the company to earn back the price you pay for the stock. For example, if a company earns $2 a share per year, and the stock is traded at $30, the PE Ratio (TTM) is 15. Therefore it takes 15 years for the company to earn back the $30 you paid for its stock, assuming the earnings stays constant over the next 15 years.
In real business, earnings never stay constant. If a company can grow its earnings, it takes fewer years for the company to earn back the price you pay for the stock. If a company's earnings decline it takes more years. As a shareholder, you want the company to earn back the price you pay as soon as possible. Therefore, lower P/E stocks are more attractive than higher P/E stocks so long as the PE Ratio (TTM) is positive. Also for stocks with the same PE Ratio (TTM), the one with faster growth business is more attractive.
If a company loses money, the PE Ratio (TTM) becomes meaningless.
To compare stocks with different growth rates, Peter Lynch invented a ratio called PEG Ratio. PEG Ratio is defined as the PE Ratio (TTM) divided by the growth ratio. He thinks a company with a PE Ratio (TTM) equal to its growth rate is fairly valued. Still he said he would rather buy a company growing 20% a year with a PE Ratio (TTM) of 20, instead of a company growing 10% a year with a PE Ratio (TTM) of 10.
Because the PE Ratio (TTM) measures how long it takes to earn back the price you pay, the PE Ratio (TTM) can be applied to the stocks across different industries. That is why it is the one of the most important and widely used indicators for the valuation of stocks.
Investors need to be aware that the PE Ratio (TTM) can be misleading a lot of times, especially when the underlying business is cyclical and unpredictable. As Peter Lynch pointed out, cyclical businesses have higher profit margins at the peaks of the business cycles. Their earnings are high and PE Ratio (TTM)s are artificially low. It is usually a bad idea to buy a cyclical business when the PE Ratio (TTM) is low. A better ratio to identify the time to buy a cyclical businesses is the PS Ratio .
PE Ratio (TTM) can also be affected by non-recurring-items 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 (TTM).
Coca-Cola HBC AG PE Ratio (TTM) Related Terms
Coca-Cola HBC AG PE Ratio (TTM) Historical Data
* Premium members only.
The historical data trend for Coca-Cola HBC AG's PE Ratio (TTM) 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.
ATH:EEE vs KO, PEP, MNST: PE Ratio (TTM) Comparison
For the Beverages - Non-Alcoholic subindustry, Coca-Cola HBC AG's PE Ratio (TTM), along with its competitors' market caps and PE Ratio (TTM) 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.
Coca-Cola HBC AG PE Ratio (TTM) vs Beverages - Non-Alcoholic Industry
For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, Coca-Cola HBC AG's PE Ratio (TTM) distribution charts can be found below:
* The bar in red indicates where Coca-Cola HBC AG's PE Ratio (TTM) falls into.
The PE Ratio (TTM), or Price-to-Earnings ratio, or P/E Ratio, is a financial ratio used to compare a company's market price to its Earnings per Share (Diluted). It is the most widely used ratio in the valuation of stocks.
Coca-Cola HBC AG's Share Price of today is €56.20.
For company reported semi-annually, Coca-Cola HBC AG's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 adds up the semi-annually data reported by the company within the most recent 12 months, which was €2.59.
* 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:
There are at least three kinds of PE Ratio (TTM)s used by different investors. They are Trailing Twelve Month PE Ratio (TTM) or PE Ratio (TTM) (TTM), Forward PE Ratio, or PE Ratio without NRI. A new PE Ratio (TTM) based on inflation-adjusted normalized PE Ratio (TTM) is called Shiller PE Ratio, after Yale professor Robert Shiller.
In the calculation of PE Ratio (TTM), the earnings per share used are the earnings per share over the past 12 months. For Forward PE Ratio, the earnings are the expected earnings for the next twelve months. In the case of PE Ratio without NRI, the reported earnings less the non-recurring items are used.
For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. Since it looks at the average over the last 10 years, Shiller PE Ratio is also called PE10.
Coca-Cola HBC AG (ATH:EEE) has a PE Ratio (TTM) of 21.70 as of Jun. 27, 2026. Trailing 12-month P/E ratio is the ratio of share price to a company's trailing 12-month earnings per share. View historical data on Coca-Cola HBC AG and its competitors. This is near median its historical median of 22.35. Over the past decade, Coca-Cola HBC AG's PE Ratio (TTM) has ranged from 12.23 to 33.26. According to the industry distribution chart, Coca-Cola HBC AG ranks #57 out of 92 companies in the Beverages - Non-Alcoholic industry, placing it in the top 62%.
Is Coca-Cola HBC AG's PE Ratio (TTM) too high?
Coca-Cola HBC AG's current PE Ratio (TTM) of 21.70 is near median its 10-year median of 22.35. Over the past 10 years, this metric has ranged from a low of 12.23 to a high of 33.26. The Beverages - Non-Alcoholic industry median PE Ratio (TTM) is 16.82. Coca-Cola HBC AG's value of 21.70 is 29% above this industry median. Based on the distribution chart, Coca-Cola HBC AG ranks #57 out of 92 companies in the Beverages - Non-Alcoholic industry, which is below the industry midpoint. Overall, Coca-Cola HBC AG has a GF Score™ of 95/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Coca-Cola HBC AG's PE Ratio (TTM) compare to KO and PEP?
According to the Beverages - Non-Alcoholic industry distribution chart, Coca-Cola HBC AG ranks #57 out of 92 companies for PE Ratio (TTM). This places Coca-Cola HBC AG in the lower half of its industry. The industry median PE Ratio (TTM) is 16.82. Coca-Cola HBC AG's value of 21.70 is 29% above this benchmark. Historically, Coca-Cola HBC AG's own PE Ratio (TTM) has ranged from 12.23 to 33.26 over the past decade. While the company's 10-year median is 22.35 vs. the industry median of 16.82, Coca-Cola HBC AG 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 PE Ratio (TTM) for a Beverages - Non-Alcoholic company?
The median PE Ratio (TTM) among Beverages - Non-Alcoholic companies is 16.82, based on 92 companies in the industry. Companies in the top quartile (top 25%) have a PE Ratio (TTM) significantly above this median, while those in the bottom quartile fall well below. However, PE Ratio (TTM) should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Coca-Cola HBC AG's current PE Ratio (TTM) of 21.70 is 29% 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 PE Ratio (TTM) mean?
A high PE Ratio (TTM) can signal that a stock is expensive relative to its fundamentals. Trailing 12-month P/E ratio is the ratio of share price to a company's trailing 12-month earnings per share. View historical data on Coca-Cola HBC AG and its competitors. For the Beverages - Non-Alcoholic industry, the median PE Ratio (TTM) is 16.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Coca-Cola HBC AG's current PE Ratio (TTM) is 21.70, which is near median its own 10-year median of 22.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Coca-Cola HBC AG stock overvalued right now?
Based on GuruFocus' analysis, Coca-Cola HBC AG (ATH:EEE) is currently considered Significantly Overvalued. The stock's GF Value™ is €38.52, compared to a current price of €56.20 — trading 45.9% above its estimated fair value. The current PE Ratio (TTM) is 21.70, which is near median its 10-year median of 22.35 and 29% above the Beverages - Non-Alcoholic industry median of 16.82. Coca-Cola HBC AG's overall GF Score™ is 95/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PE Ratio (TTM) calculated?
PE Ratio (TTM) is calculated from a company's financial statements. For Coca-Cola HBC AG (ATH:EEE), the current PE Ratio (TTM) is 21.70 as of Jun. 27, 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 Coca-Cola HBC AG (ATH:EEE) Overvalued in 2026?
Based on GuruFocus' analysis, Coca-Cola HBC AG stock appears to be overvalued.
The current stock price of €56.20 is trading 45.9% above its estimated GF Value™ of €38.52.
GuruFocus considers Coca-Cola HBC AG to be Significantly Overvalued.
Key valuation signals for ATH:EEE:
PE Ratio (TTM): 21.70 (near median its 10-year median of 22.35)
GF Value™: €38.52 vs. price of €56.20 (45.9% above fair value)
Industry Position: 29% above the Beverages - Non-Alcoholic median (#57 of 92)
No single metric tells the full story. See the ATH:EEE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Coca-Cola HBC is the third-largest bottling partner in the Coca-Cola system by volume, behind Coca-Cola Femsa and Coca-Cola Europacific Partners. In 2025, CCHBC sold 2.9 billion unit cases of beverages. There is a long tail of Coca-Cola distributors, including brewers and independent operators with very small distribution territories.CCHBC is listed on the London Stock Exchange. Kar-Tess, a Luxembourg-based holding company, owns 23% of the equity of CCHBC, and Coca-Cola holds a further 21%. The remaining 56% is free float.
95GF Score
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