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Monster Beverage (BSP:M1NS34) Shiller PE Ratio : 49.66 (As of May. 17, 2024)


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What is Monster Beverage Shiller PE Ratio?

As of today (2024-05-17), Monster Beverage's current share price is R$34.76. Monster Beverage's E10 for the quarter that ended in Mar. 2024 was R$0.70. Monster Beverage's Shiller PE Ratio for today is 49.66.

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

BSP:M1NS34' s Shiller PE Ratio Range Over the Past 10 Years
Min: 44.6   Med: 64.8   Max: 107.41
Current: 48.52

During the past years, Monster Beverage's highest Shiller PE Ratio was 107.41. The lowest was 44.60. And the median was 64.80.

BSP:M1NS34's Shiller PE Ratio is ranked worse than
93.65% of 63 companies
in the Beverages - Non-Alcoholic industry
Industry Median: 19.54 vs BSP:M1NS34: 48.52

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.

Monster Beverage's adjusted earnings per share data for the three months ended in Mar. 2024 was R$0.261. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is R$0.70 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Monster Beverage Shiller PE Ratio Historical Data

The historical data trend for Monster Beverage'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.

Monster Beverage Shiller PE Ratio Chart

Monster Beverage 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 57.43 68.95 58.71 53.82 52.96

Monster Beverage 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 54.60 56.01 49.67 52.96 53.03

Competitive Comparison of Monster Beverage's Shiller PE Ratio

For the Beverages - Non-Alcoholic subindustry, Monster Beverage'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.


Monster Beverage's Shiller PE Ratio Distribution in the Beverages - Non-Alcoholic Industry

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

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



Monster Beverage 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.

Monster Beverage's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=34.76/0.7
=49.66

* 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.

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

For example, Monster Beverage'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)
=0.261/131.7762*131.7762
=0.261

Current CPI (Mar. 2024) = 131.7762.

Monster Beverage Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 0.038 100.560 0.050
201409 0.034 100.428 0.045
201412 0.040 99.070 0.053
201503 0.002 99.621 0.003
201506 0.082 100.684 0.107
201509 0.068 100.392 0.089
201512 0.054 99.792 0.071
201603 0.060 100.470 0.079
201606 0.064 101.688 0.083
201609 0.067 101.861 0.087
201612 0.063 101.863 0.082
201703 0.061 102.862 0.078
201706 0.080 103.349 0.102
201709 0.074 104.136 0.094
201712 0.072 104.011 0.091
201803 0.078 105.290 0.098
201806 0.113 106.317 0.140
201809 0.123 106.507 0.152
201812 0.104 105.998 0.129
201903 0.115 107.251 0.141
201906 0.128 108.070 0.156
201909 0.142 108.329 0.173
201912 0.121 108.420 0.147
202003 0.159 108.902 0.192
202006 0.191 108.767 0.231
202009 0.219 109.815 0.263
202012 0.283 109.897 0.339
202103 0.208 111.754 0.245
202106 0.236 114.631 0.271
202109 0.208 115.734 0.237
202112 0.212 117.630 0.237
202203 0.168 121.301 0.183
202206 0.164 125.017 0.173
202209 0.197 125.227 0.207
202212 0.187 125.222 0.197
202303 0.247 127.348 0.256
202306 0.237 128.729 0.243
202309 0.265 129.860 0.269
202312 0.214 129.419 0.218
202403 0.261 131.776 0.261

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.


Monster Beverage  (BSP:M1NS34) 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.


Monster Beverage Shiller PE Ratio Related Terms

Thank you for viewing the detailed overview of Monster Beverage's Shiller PE Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Monster Beverage (BSP:M1NS34) Business Description

Traded in Other Exchanges
Address
1 Monster Way, Corona, CA, USA, 92879
Monster Beverage is a leader in the energy drink subsegment of the nonalcoholic beverage market, generating two thirds of revenue in the U.S. and Canada. The well-known Monster trademark includes brands such as Monster Energy, Monster Ultra, Java Monster, and Juice Monster. The firm also owns other energy drink brands, such as Reign, NOS, Burn, and Mother, and brews and distributes beers and flavored malt beverages following the acquisition of a craft brewer in 2022. Monster controls branding and innovation but outsources beverage manufacturing and packaging to copackers and finished goods distribution to bottlers in the global Coca-Cola system (pursuant to a 20-year agreement inked in 2015). Coke is the largest shareholder of Monster with a 19.5% stake.

Monster Beverage (BSP:M1NS34) Headlines

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