P/E ratio as of March 2024 (TTM): 24.3
According to Coca-Cola's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 24.2851.At the end of 2022 the company had a P/E ratio of 28.9.
P/E ratio history for Coca-Cola from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 28.9 | 10.36% |
| 2021 | 26.2 | 17.05% |
| 2020 | 22.4 | -15.48% |
| 2019 | 26.5 | -16.1% |
| 2018 | 31.6 | -80.05% |
| 2017 | 158 | 476.2% |
| 2016 | 27.5 | 8.01% |
| 2015 | 25.4 | -2.46% |
| 2014 | 26.1 | 21.76% |
| 2013 | 21.4 | 18.39% |
| 2012 | 18.1 | -2.84% |
| 2011 | 18.6 | 44.21% |
| 2010 | 12.9 | -33.22% |
| 2009 | 19.3 | 7.13% |
| 2008 | 18.0 | -23.59% |
| 2007 | 23.6 | 5.67% |
| 2006 | 22.3 | 13.6% |
| 2005 | 19.7 | -5.56% |
| 2004 | 20.8 | -27.39% |
| 2003 | 28.7 | -16.29% |
| 2002 | 34.3 | 16.22% |
| 2001 | 29.5 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
Pepsico PEP | 28.7 | 18.03% | 🇺🇸 USA |
Monster Beverage MNST | 39.9 | 64.38% | 🇺🇸 USA |
National Beverage FIZZ | 28.3 | 16.47% | 🇺🇸 USA |
Coca-Cola FEMSA KOF | 17.2 | -29.06% | 🇲🇽 Mexico |
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.
