Molson Coors
TAP
#1420
Rank
A$19.11 B
Marketcap
$92.81
Share price
-0.18%
Change (1 day)
1.21%
Change (1 year)
The Molson Coors Beverage Company is a multinational brewing company that is behind the brands Coors, Coors Light, Killian's Irish Red, Extra Gold, Blue Moon and Keystone.

P/E ratio for Molson Coors (TAP)

P/E ratio as of November 2024 (TTM): 51.5

According to Molson Coors's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 51.4644. At the end of 2022 the company had a P/E ratio of -63.6.

P/E ratio history for Molson Coors from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2022-63.6-736.74%
20219.99-196.82%
2020-10.3-121.44%
201948.1343.03%
201810.9-13.17%
201712.518.79%
201610.5-78.25%
201548.479.95%
201426.947.57%
201318.23.96%
201217.547.01%
201111.9-9.68%
201013.214.06%
200911.6-50.77%
200823.524.84%
200718.8-15.95%
200622.4-52.15%
200546.8226.26%
200414.423.11%
200311.7-14.88%
200213.7-14.55%
200116.0

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
46.1-10.40%๐Ÿ‡บ๐Ÿ‡ธ USA
17.6-65.89%๐Ÿ‡ง๐Ÿ‡ช Belgium
14.2-72.41%๐Ÿ‡จ๐Ÿ‡ฑ Chile

How to read a P/E ratio?

The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.

Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.