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Molson Coors Canada (TSX:TPX.B) Shiller PE Ratio : 16.13 (As of May. 25, 2024)


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What is Molson Coors Canada Shiller PE Ratio?

As of today (2024-05-25), Molson Coors Canada's current share price is C$73.56. Molson Coors Canada's E10 for the quarter that ended in Mar. 2024 was C$4.56. Molson Coors Canada's Shiller PE Ratio for today is 16.13.

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

TSX:TPX.B' s Shiller PE Ratio Range Over the Past 10 Years
Min: 8.33   Med: 15.23   Max: 21.47
Current: 16.56

During the past years, Molson Coors Canada's highest Shiller PE Ratio was 21.47. The lowest was 8.33. And the median was 15.23.

TSX:TPX.B's Shiller PE Ratio is ranked better than
70.15% of 134 companies
in the Beverages - Alcoholic industry
Industry Median: 24.19 vs TSX:TPX.B: 16.56

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 Canada's adjusted earnings per share data for the three months ended in Mar. 2024 was C$1.313. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is C$4.56 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Molson Coors Canada Shiller PE Ratio Historical Data

The historical data trend for Molson Coors Canada'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 Canada Shiller PE Ratio Chart

Molson Coors Canada 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 13.71 14.25 13.55 16.70 17.76

Molson Coors Canada 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 16.35 20.02 18.32 17.76 19.96

Competitive Comparison of Molson Coors Canada's Shiller PE Ratio

For the Beverages - Brewers subindustry, Molson Coors Canada'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 Canada's Shiller PE Ratio Distribution in the Beverages - Alcoholic Industry

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

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



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

Shiller PE Ratio=Share Price/ E10
=73.56/4.56
=16.13

* 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 Canada's E10 for the quarter that ended in Mar. 2024 is calculated as:

For example, Molson Coors Canada'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)
=1.313/126.2576*126.2576
=1.313

Current CPI (Mar. 2024) = 126.2576.

Molson Coors Canada Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 1.689 99.473 2.144
201409 -0.209 99.394 -0.265
201412 0.577 98.367 0.741
201503 0.543 99.789 0.687
201506 1.521 100.500 1.911
201509 0.119 100.421 0.150
201512 0.507 99.947 0.640
201603 1.058 101.054 1.322
201606 1.032 102.002 1.277
201609 1.232 101.765 1.529
201612 6.589 101.449 8.200
201703 1.285 102.634 1.581
201706 2.021 103.029 2.477
201709 1.633 103.345 1.995
201712 4.367 103.345 5.335
201803 1.655 105.004 1.990
201806 2.573 105.557 3.078
201809 2.033 105.636 2.430
201812 0.470 105.399 0.563
201903 0.936 106.979 1.105
201906 2.020 107.690 2.368
201909 -2.463 107.611 -2.890
201912 0.988 107.769 1.157
202003 -0.754 107.927 -0.882
202006 1.220 108.401 1.421
202009 2.090 108.164 2.440
202012 -8.095 108.559 -9.415
202103 0.490 110.298 0.561
202106 2.187 111.720 2.472
202109 2.636 112.905 2.948
202112 0.461 113.774 0.512
202203 0.886 117.646 0.951
202206 0.282 120.806 0.295
202209 1.321 120.648 1.382
202212 -3.709 120.964 -3.871
202303 0.452 122.702 0.465
202306 2.086 124.203 2.121
202309 2.679 125.230 2.701
202312 0.644 125.072 0.650
202403 1.313 126.258 1.313

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 Canada  (TSX:TPX.B) 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 Canada Shiller PE Ratio Related Terms

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Molson Coors Canada (TSX:TPX.B) Business Description

Traded in Other Exchanges
Address
33 Carlingview Drive, Toronto, ON, CAN, M9W 5E4
Molson Coors Canada Inc is a large global brewer and distributor of beer and other malt beverages. major brands include Coors Light, Miller Lite, Molson Canadian, Carling, Staropramen, Coors Banquet, Blue Moon, Vizzy, Leinenkugel, and Creemore. Its two segments are the Americas and EMEA&APAC segments. Americas segment operates in the U.S., Canada and various countries in the Caribbean, Latin and South America and EMEA&APAC segment operates in Bulgaria, Croatia, Czech Republic, Hungary, Montenegro, the Republic of Ireland, Romania, Serbia, the U.K., various other European countries, and certain countries within the Middle East, Africa and Asia Pacific. Its breweries are located across the U.S., Canada, and Europe, with the majority of the company's revenue generated in Americas.

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