KDP (Keurig Dr Pepper) Shiller PE Ratio: 14.68 (As of Aug. 31, 2026) — 31% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

KDP Keurig Dr Pepper Inc KDP
82 GF Score
Price $31.85
GF Value $47.81
Valuation Possible Value Trap
! 7 Warning Signs
View Full Analysis

What is Keurig Dr Pepper Shiller PE Ratio?

Keurig Dr Pepper KDP -1.01% 82 Shiller PE Ratio is 14.68 as of Aug. 31, 2026, which is 31% above its 10-year median of 11.21. GuruFocus rates KDP with a GF Score™ of 82/100 and a GF Value™ of $47.81 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 69 Beverages - Non-Alcoholic companies, Keurig Dr Pepper ranks better than 62.32% on this metric.

As of today (2026-08-31), Keurig Dr Pepper's current share price is $31.845. Keurig Dr Pepper's E10 for the quarter that ended in Jun. 2026 was $2.17. Keurig Dr Pepper's Shiller PE Ratio for today is 14.68.

The historical rank and industry rank for Keurig Dr Pepper's Shiller PE Ratio or its related term are showing as below:

KDP' s Shiller PE Ratio Range Over the Past 10 Years
Min: 7.13   Med: 11.21   Max: 39.4
Current: 14.68

During the past years, Keurig Dr Pepper's highest Shiller PE Ratio was 39.40. The lowest was 7.13. And the median was 11.21.

KDP's Shiller PE Ratio is ranked better than
62.32% of 69 companies
in the Beverages - Non-Alcoholic industry
Industry Median: 18.53 vs KDP: 14.68

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

Keurig Dr Pepper's adjusted earnings per share data for the three months ended in Jun. 2026 was $0.040. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $2.17 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Keurig Dr Pepper  (NAS:KDP) Shiller PE Ratio Explanation

Compared with the regular PE Ratio, which works poorly for cyclical businesses, the Shiller PE Ratio smoothed out the fluctuations of profit margins during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Shiller PE Ratio should give similar results to regular PE Ratio.

Compared with the PS Ratio, the Shiller PE Ratio makes the comparison between different industries more meaningful.


Be Aware

Shiller PE Ratio assumes that over the long term, businesses and profitability revert to their means. If a company's business model does not work in the future compared with the past, Shiller PE Ratio and PS Ratio will give false valuations.


Keurig Dr Pepper Shiller PE Ratio Related Terms


Keurig Dr Pepper Shiller PE Ratio Historical Data

* Premium members only.

The historical data trend for Keurig Dr Pepper's Shiller 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.

Keurig Dr Pepper Shiller PE Ratio Chart

Keurig Dr Pepper Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.49 11.37 11.12 11.84 11.69

Keurig Dr Pepper Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Shiller 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 12.79 10.17 11.69 11.31 15.11

KDP vs COCSF, COKE, CELH: Shiller PE Ratio Comparison

For the Beverages - Non-Alcoholic subindustry, Keurig Dr Pepper's Shiller PE Ratio, along with its competitors' market caps and Shiller 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.


Keurig Dr Pepper Shiller PE Ratio vs Beverages - Non-Alcoholic Industry

For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, Keurig Dr Pepper's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Keurig Dr Pepper's Shiller PE Ratio falls into.


KDP
82GF Score
Keurig Dr Pepper Inc KDP
Shiller PE Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Keurig Dr Pepper Shiller PE Ratio Calculation

For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller PE Ratio is also called PE10.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

Keurig Dr Pepper's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=31.845/2.17
=14.68

* 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.

Keurig Dr Pepper's E10 for the quarter that ended in Jun. 2026 is calculated as:

For example, Keurig Dr Pepper's adjusted earnings per share data for the three months ended in Jun. 2026 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=0.04/333.9520*333.9520
=0.040

Current CPI (Jun. 2026) = 333.9520.

Keurig Dr Pepper Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201609 1.290 241.428 1.784
201612 0.900 241.432 1.245
201703 0.960 243.801 1.315
201706 1.020 244.955 1.391
201709 1.110 246.819 1.502
201712 2.800 246.524 3.793
201803 0.110 249.554 0.147
201806 0.100 251.989 0.133
201809 0.110 252.439 0.146
201812 0.190 251.233 0.253
201903 0.160 254.202 0.210
201906 0.220 256.143 0.287
201909 0.210 256.759 0.273
201912 0.290 256.974 0.377
202003 0.110 258.115 0.142
202006 0.210 257.797 0.272
202009 0.310 260.280 0.398
202012 0.300 260.474 0.385
202103 0.230 264.877 0.290
202106 0.310 271.696 0.381
202109 0.370 274.310 0.450
202112 0.590 278.802 0.707
202203 0.410 287.504 0.476
202206 0.150 296.311 0.169
202209 0.130 296.808 0.146
202212 0.320 296.797 0.360
202303 0.330 301.836 0.365
202306 0.360 305.109 0.394
202309 0.370 307.789 0.401
202312 0.490 306.746 0.533
202403 0.330 312.332 0.353
202406 0.380 314.175 0.404
202409 0.450 315.301 0.477
202412 -0.110 315.605 -0.116
202503 0.380 319.799 0.397
202506 0.400 322.561 0.414
202509 0.490 324.800 0.504
202512 0.260 324.054 0.268
202603 0.200 330.213 0.202
202606 0.040 333.952 0.040

Add all the adjusted EPS together and divide 10 will get our E10.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

Frequently Asked Questions Learn more about Shiller PE Ratio →
What does a Shiller PE Ratio of 14.68 mean?
Keurig Dr Pepper (KDP) has a Shiller PE Ratio of 14.68 as of Aug. 31, 2026. Shiller price-earnings ratio is the ratio of share price to a company's inflation-adjusted earnings over a 10-year period. View historical data on Keurig Dr Pepper and its competitors. This is 31% above median its historical median of 11.21. Over the past decade, Keurig Dr Pepper's Shiller PE Ratio has ranged from 7.13 to 39.40. According to the industry distribution chart, Keurig Dr Pepper ranks #26 out of 69 companies in the Beverages - Non-Alcoholic industry, placing it in the top 37.7%.
Is Keurig Dr Pepper's Shiller PE Ratio too high?
Keurig Dr Pepper's current Shiller PE Ratio of 14.68 is 31% above median its 10-year median of 11.21. Over the past 10 years, this metric has ranged from a low of 7.13 to a high of 39.40. The Beverages - Non-Alcoholic industry median Shiller PE Ratio is 18.53. Keurig Dr Pepper's value of 14.68 is 20.8% below this industry median. Based on the distribution chart, Keurig Dr Pepper ranks #26 out of 69 companies in the Beverages - Non-Alcoholic industry, which is above the industry midpoint. Overall, Keurig Dr Pepper has a GF Score™ of 82/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Keurig Dr Pepper's Shiller PE Ratio compare to COCSF and COKE?
According to the Beverages - Non-Alcoholic industry distribution chart, Keurig Dr Pepper ranks #26 out of 69 companies for Shiller PE Ratio. This puts Keurig Dr Pepper in the upper half of its industry. The industry median Shiller PE Ratio is 18.53. Keurig Dr Pepper's value of 14.68 is 20.8% below this benchmark. Historically, Keurig Dr Pepper's own Shiller PE Ratio has ranged from 7.13 to 39.40 over the past decade. While the company's 10-year median is 11.21 vs. the industry median of 18.53, Keurig Dr Pepper has consistently been below 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 Shiller PE Ratio for a Beverages - Non-Alcoholic company?
The median Shiller PE Ratio among Beverages - Non-Alcoholic companies is 18.53, based on 69 companies in the industry. Companies in the top quartile (top 25%) have a Shiller PE Ratio significantly above this median, while those in the bottom quartile fall well below. However, Shiller PE Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Keurig Dr Pepper's current Shiller PE Ratio of 14.68 is 20.8% below 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 Shiller PE Ratio mean?
A high Shiller PE Ratio can signal that a stock is expensive relative to its fundamentals. Shiller price-earnings ratio is the ratio of share price to a company's inflation-adjusted earnings over a 10-year period. View historical data on Keurig Dr Pepper and its competitors. For the Beverages - Non-Alcoholic industry, the median Shiller PE Ratio is 18.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Keurig Dr Pepper's current Shiller PE Ratio is 14.68, which is 31% above median its own 10-year median of 11.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Keurig Dr Pepper stock overvalued right now?
Based on GuruFocus' analysis, Keurig Dr Pepper (KDP) is currently considered Possible Value Trap. The stock's GF Value™ is $47.81, compared to a current price of $31.85 — trading 33.4% below its estimated fair value. The current Shiller PE Ratio is 14.68, which is 31% above median its 10-year median of 11.21 and 20.8% below the Beverages - Non-Alcoholic industry median of 18.53. Keurig Dr Pepper's overall GF Score™ is 82/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Shiller PE Ratio calculated?
Shiller PE Ratio is calculated from a company's financial statements. For Keurig Dr Pepper (KDP), the current Shiller PE Ratio is 14.68 as of Aug. 31, 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 Keurig Dr Pepper (KDP) Overvalued in 2026?

Based on GuruFocus' analysis, Keurig Dr Pepper stock appears to be undervalued. The current stock price of $31.85 is trading 33.4% below its estimated GF Value™ of $47.81. GuruFocus considers Keurig Dr Pepper to be Possible Value Trap.

Key valuation signals for KDP:

  • Shiller PE Ratio: 14.68 (31% above median its 10-year median of 11.21)
  • GF Value™: $47.81 vs. price of $31.85 (33.4% below fair value)
  • GF Score™: 82/100 with 7 warning signs
  • Industry Position: 20.8% below the Beverages - Non-Alcoholic median (#26 of 69)

No single metric tells the full story. See the KDP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Keurig Dr Pepper Business Description

Address 6425 Hall of Fame Lane, Frisco, TX, USA, 75034
Keurig Dr Pepper was established in 2018 following a merger between Keurig Green Mountain Coffee and Dr Pepper Snapple. The company manufactures and distributes coffee systems (including coffee brewers and single-serve coffee pods) under the Keurig and Green Mountain brands, as well as ready-to-drink beverages including flavored (non-cola) sparkling soft drinks under well-known brands such as Dr Pepper, Snapple, and Canada Dry. On Aug. 25, 2025, the firm announced a definitive agreement to acquire coffeemaker JDE Peet's for $18 billion in cash, with the deal now scheduled to close in April 2026. Following the merger, it plans to split into two US-listed entities to focus on refreshment beverages in North America and global coffee separately.
82GF Score

Get the complete analysis for KDP

Shiller PE Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$31.85
Price
$47.81
GF Value