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Molson Coors Beverage Co (Molson Coors Beverage Co) Shiller PE Ratio : 13.35 (As of Jun. 18, 2024)


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What is Molson Coors Beverage Co Shiller PE Ratio?

As of today (2024-06-18), Molson Coors Beverage Co's current share price is $50.20. Molson Coors Beverage Co's E10 for the quarter that ended in Mar. 2024 was $3.76. Molson Coors Beverage Co's Shiller PE Ratio for today is 13.35.

The historical rank and industry rank for Molson Coors Beverage Co's Shiller PE Ratio or its related term are showing as below:

TAP' s Shiller PE Ratio Range Over the Past 10 Years
Min: 7.94   Med: 16.74   Max: 35.32
Current: 13.36

During the past years, Molson Coors Beverage Co's highest Shiller PE Ratio was 35.32. The lowest was 7.94. And the median was 16.74.

TAP's Shiller PE Ratio is ranked better than
76.81% of 138 companies
in the Beverages - Alcoholic industry
Industry Median: 22.7 vs TAP: 13.36

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.

Molson Coors Beverage Co's adjusted earnings per share data for the three months ended in Mar. 2024 was $0.970. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $3.76 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Molson Coors Beverage Co Shiller PE Ratio Historical Data

The historical data trend for Molson Coors Beverage Co'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.

* Premium members only.

Molson Coors Beverage Co Shiller PE Ratio Chart

Molson Coors Beverage Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.62 13.13 12.50 14.49 16.50

Molson Coors Beverage Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 14.24 18.11 16.87 16.50 17.89

Competitive Comparison of Molson Coors Beverage Co's Shiller PE Ratio

For the Beverages - Brewers subindustry, Molson Coors Beverage Co'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.


Molson Coors Beverage Co's Shiller PE Ratio Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Molson Coors Beverage Co's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Molson Coors Beverage Co's Shiller PE Ratio falls into.



Molson Coors Beverage Co 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.

Molson Coors Beverage Co's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=50.20/3.76
=13.35

* 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.

Molson Coors Beverage Co's E10 for the quarter that ended in Mar. 2024 is calculated as:

For example, Molson Coors Beverage Co's adjusted earnings per share data for the three months ended in Mar. 2024 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=0.97/131.7762*131.7762
=0.970

Current CPI (Mar. 2024) = 131.7762.

Molson Coors Beverage Co Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 1.560 100.560 2.044
201409 -0.190 100.428 -0.249
201412 0.500 99.070 0.665
201503 0.430 99.621 0.569
201506 1.230 100.684 1.610
201509 0.090 100.392 0.118
201512 0.180 99.792 0.238
201603 0.800 100.470 1.049
201606 0.800 101.688 1.037
201609 0.940 101.861 1.216
201612 6.650 101.863 8.603
201703 0.960 102.862 1.230
201706 1.520 103.349 1.938
201709 1.330 104.136 1.683
201712 2.720 104.011 3.446
201803 1.280 105.290 1.602
201806 1.960 106.317 2.429
201809 1.560 106.507 1.930
201812 0.350 105.998 0.435
201903 0.700 107.251 0.860
201906 1.520 108.070 1.853
201909 -1.860 108.329 -2.263
201912 0.750 108.420 0.912
202003 -0.540 108.902 -0.653
202006 0.900 108.767 1.090
202009 1.580 109.815 1.896
202012 -6.320 109.897 -7.578
202103 0.390 111.754 0.460
202106 1.790 114.631 2.058
202109 2.080 115.734 2.368
202112 0.370 117.630 0.414
202203 0.700 121.301 0.760
202206 0.220 125.017 0.232
202209 0.990 125.227 1.042
202212 -2.730 125.222 -2.873
202303 0.330 127.348 0.341
202306 1.570 128.729 1.607
202309 1.980 129.860 2.009
202312 0.480 129.419 0.489
202403 0.970 131.776 0.970

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.


Molson Coors Beverage Co  (NYSE:TAP) 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.


Molson Coors Beverage Co Shiller PE Ratio Related Terms

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Molson Coors Beverage Co (Molson Coors Beverage Co) Business Description

Traded in Other Exchanges
Address
NH353, P.O. Box 4030, Golden, CO, USA, 80401
Molson Coors owns well-known beer brands including Miller, Coors, Blue Moon, and Carling, and ranks as the second largest beer maker in both value and volume terms in the U.S., Canada, and the United Kingdom. Through licensing agreements, it also brews and distributes beer and hard seltzer under partner brands from Heineken, Anheuser-Busch InBev, Asahi, and Coca-Cola. The company uses independent distributors in the U.S. given the three-tier distribution requirements, while using a combination of distributors and an in-house sales team in Canada and Europe. North America remains its largest market contributing over 80% of total revenue.
Executives
Winnefeld James A Jr director 870 WINTER STREET, WALTHAM MA 02451
Natalie G. Maciolek officer: Chief Legal & Govt Affairs Off 3939 W HIGHLAND BLVD, MILWAUKEE WI 53208
Geoffrey E. Molson director 1801 CALIFORNIA STREET, SUITE 4600, DENVER CO 80202
Williams Leroy James Jr director 10 LONGS PEAK DRIVE, BROOMFIELD CO 80021-2510
Anne-marie W D'angelo officer: Chief Legal & Govt Affairs Off 801 E. 86TH AVENUE, MERRILLVILLE IN 46410
Louis Vachon director 1155 METCALFE STREET, MONTREAL QUEBEC CANADA E6 0000
Julia M Brown director C/O ABLE BRANDS CO., 30 HUDSON YARDS, NEW YORK NY 10001
Simon Cox officer: Pres&CEO, Molson Coors Europe 1801 CALIFORNIA STREET, SUITE 4600, DENVER CO 80202
Roxanne Stelter officer: VP,Controller & Chf Acct Off 3939 W HIGHLAND BLVD, MILWAUKEE WI 53208
Andrew Thomas Molson director 1801 CALIFORNIA STREET, SUITE 4600, DENVER CO 80202
David S. Coors director P.O. BOX 4030, NH353, GOLDEN CO 80401
Nessa O'sullivan director P.O. BOX 4030, NH353, GOLDEN CO 80401
Peter H Coors director, other: Chairman of the Board 1801 CALIFORNIA STREET, SUITE 4600, DENVER CO 80202
Peter John Marino officer: President of Emerging Growth 250 SOUTH WACKER DRIVE, CHICAGO IL 60606
Jacques Michelle St. officer: Chief Marketing Officer 250 SOUTH WACKER DRIVE, CHICAGO IL 60606