SELECT id, `name`, primary_key, `key`, treemapgroup, name_cn, zacks_table_name, compare_key, compare_display_name from gurufocu_main.financial_definition where termpagedisplay=1 and `key` = 'pettm' STZ (Constellation Brands) PE Ratio
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Constellation Brands (Constellation Brands) PE Ratio

: 27.93 (As of Today)
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The PE Ratio, 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 (2024-04-23), Constellation Brands's share price is $261.98. Constellation Brands's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Feb. 2024 was $9.38. Therefore, Constellation Brands's PE Ratio for today is 27.93.

Good Sign:

Constellation Brands Inc stock PE Ratio (=27.66) is close to 2-year low of 27.47


The historical rank and industry rank for Constellation Brands's PE Ratio or its related term are showing as below:

STZ' s PE Ratio Range Over the Past 10 Years
Min: 6.32   Med: 26.71   Max: 1032.22
Current: 27.93


During the past 13 years, the highest PE Ratio of Constellation Brands was 1032.22. The lowest was 6.32. And the median was 26.71.


STZ's PE Ratio is ranked worse than
71.14% of 149 companies
in the Beverages - Alcoholic industry
Industry Median: 18.43 vs STZ: 27.93

Constellation Brands's Earnings per Share (Diluted) for the three months ended in Feb. 2024 was $2.14. Its Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Feb. 2024 was $9.38.

As of today (2024-04-23), Constellation Brands's share price is $261.98. Constellation Brands's EPS without NRI for the trailing twelve months (TTM) ended in Feb. 2024 was $10.53. Therefore, Constellation Brands's PE Ratio without NRI for today is 24.87.

During the past 13 years, Constellation Brands's highest PE Ratio without NRI was 64.65. The lowest was 5.76. And the median was 24.74.

Constellation Brands's EPS without NRI for the three months ended in Feb. 2024 was $2.26. Its EPS without NRI for the trailing twelve months (TTM) ended in Feb. 2024 was $10.53.

During the past 12 months, Constellation Brands's average EPS without NRI Growth Rate was 166.30% per year. During the past 3 years, the average EPS without NRI Growth Rate was 18.00% per year. During the past 5 years, the average EPS without NRI Growth Rate was -1.00% per year. During the past 10 years, the average EPS without NRI Growth Rate was 2.80% per year.

During the past 13 years, Constellation Brands's highest 3-Year average EPS without NRI Growth Rate was 209.30% per year. The lowest was -52.90% per year. And the median was 18.95% per year.

Constellation Brands's EPS (Basic) for the three months ended in Feb. 2024 was $2.15. Its EPS (Basic) for the trailing twelve months (TTM) ended in Feb. 2024 was $9.42.


Constellation Brands PE Ratio Historical Data

The historical data trend for Constellation Brands's 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.

* Premium members only.

Constellation Brands Annual Data
Trend Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only At Loss 20.93 At Loss At Loss 26.47

Constellation Brands Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
PE Ratio 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 At Loss At Loss 31.74 28.46 26.47

Competitive Comparison

For the Beverages - Wineries & Distilleries subindustry, Constellation Brands's PE Ratio, along with its competitors' market caps and 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.


Constellation Brands PE Ratio Distribution

For the Beverages - Alcoholic industry and Consumer Defensive sector, Constellation Brands's PE Ratio distribution charts can be found below:

* The bar in red indicates where Constellation Brands's PE Ratio falls into.



Constellation Brands PE Ratio Calculation

The PE Ratio, 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.

Constellation Brands's PE Ratio for today is calculated as

PE Ratio=Share Price/Earnings per Share (Diluted) (TTM)
=261.98/9.380
=27.93

Constellation Brands's Share Price of today is $261.98.
Constellation Brands's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Feb. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $9.38.

* 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 Ratios used by different investors. They are Trailing Twelve Month PE Ratio or PE Ratio (TTM), Forward PE Ratio, or PE Ratio without NRI. A new PE Ratio based on inflation-adjusted normalized PE Ratio is called Shiller PE Ratio, after Yale professor Robert Shiller.

In the calculation of PE Ratio, 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.


Constellation Brands  (NYSE:STZ) PE Ratio Explanation

The PE Ratio 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 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 is positive. Also for stocks with the same PE Ratio, the one with faster growth business is more attractive.

If a company loses money, the PE Ratio 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 divided by the growth ratio. He thinks a company with a PE Ratio 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 of 20, instead of a company growing 10% a year with a PE Ratio of 10.

Because the PE Ratio measures how long it takes to earn back the price you pay, the PE Ratio 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.

Similar to the PE Ratio without NRI or PS Ratio or Price-to-Operating-Cash-Flow or Price-to-Free-Cash-Flow , the PE Ratio measures the valuation based on the earning power of the company. This is where it is different from the PB Ratio , which measures the valuation based on the company's balance sheet.


Be Aware

Investors need to be aware that the PE Ratio 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 Ratios are artificially low. It is usually a bad idea to buy a cyclical business when the PE Ratio is low. A better ratio to identify the time to buy a cyclical businesses is the PS Ratio .

PE Ratio 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.


Constellation Brands PE Ratio Related Terms

Thank you for viewing the detailed overview of Constellation Brands's PE Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Constellation Brands (Constellation Brands) Business Description

Traded in Other Exchanges
Address
207 High Point Drive, Building 100, Victor, New York, NY, USA, 14564
Constellation Brands is the largest provider of alcoholic beverages across the beer, wine, and spirits categories in the U.S., generating 80% of revenue from Mexican beer imports under top-selling brands such as Modelo and Corona. The rest of the business includes some remaining wine and spirits brands, categories where the company continue to prune assets in recent years. With its exclusive rights tied to the Mexican beer brands effective only in the U.S., the firm has small revenue exposure to international markets. Constellation owns a 36% stake in no-moat Canopy Growth, a medicinal and recreational cannabis producer in Canada, and has a 50/50 joint venture with glass manufacturer Owens-Illinois in Mexico.
Executives
Family Foundation Sands other: Member of 10% owner group C/O WILDSTAR PARTNERS LLC, 110 E ATLANTIC AVE, STE. 200, DELRAY BEACH FL 33444
Ernesto M Hernandez director C/O CONSTELLATION BRANDS, INC., 207 HIGH POINT DRIVE, BLDG. 100, VICTOR NY 14564
James O. Bourdeau officer: EVP & Gen. Counsel C/O CONSTELLATION BRANDS, INC., 207 HIGH POINT DRIVE, BLDG. 100, VICTOR NY 14564
Daniel J Mccarthy director FRONTIER COMMUNICATIONS, 401 MERRITT 7, NORWALK CT 06851
Robert Lee Hanson officer: EVP & Pres. Wine and Spirits C/O CONSTELLATION BRANDS, INC., 207 HIGH POINT DRIVE, BUILDING 100, VICTOR NY 14564
William A Newlands director, officer: President & CEO C/O CONSTELLATION BRANDS, INC., 207 HIGH POINT DR., BUILDING 100, VICTOR NY 14564
Kaneenat Kristann Carey officer: EVP & Chief HR Officer 207 HIGH POINT DRIVE, BUILDING 100, VICTOR NY 14564
Garth Hankinson officer: EVP & CFO C/O CONSTELLATION BRANDS, INC., 207 HIGH POINT DRIVE, BLDG. 100, VICTOR NY 14564
William T Giles director 123 S. FRONT STREET, DEPT. 8074, MEMPHIS TN 38103
Luca Zaramella director C/O MONDELEZ INTERNATIONAL, INC., THREE PARKWAY NORTH, DEERFIELD IL 60015
Rht 2015 Business Holdings Lp other: Member of 10% owner group 110 E ATLANTIC AVE, STE. 200, C/O WILDSTAR PARTNERS LLC, DELRAY BEACH FL 33444
Rss Business Holdings Lp 10 percent owner C/O WILDSTAR PARTNERS LLC, 110 E ATLANTIC AVE, STE. 200, DELRAY BEACH FL 33444
Rct 2015 Business Holdings Lp other: Member of 10% owner group 110 E ATLANTIC AVE, STE. 200, C/O WILDSTAR PARTNERS LLC, DELRAY BEACH FL 33444
Wildstar Partners Llc 10 percent owner 110 E ATLANTIC AVE, STE. 200, DELRAY BEACH FL 33444
Rss 2015 Business Holdings Lp other: Member of 10% owner group 110 E ATLANTIC AVE, STE. 200, C/O WILDSTAR PARTNERS LLC, DELRAY BEACH FL 33444

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