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Lowest Forward P/E Ratio in the Soft Drinks Industry Detected in Shares of Coca-Cola Enterprises (CCE, KO, DPS, COKE, PEP)

By Amy Schwartz

Below are the three companies in the Soft Drinks industry with the lowest forward price to earnings (P/E) ratios. Forward P/E uses estimated earnings to compare relative value among companies in the same industry. Generally, the lower the forward P/E, the more undervalued a company is believed to be.

Coca-Cola Enterprises ranks lowest with a a forward P/E ratio of 14.61. Coca-Cola is next with a a forward P/E ratio of 20.63. Dr Pepper Snapple ranks third lowest with a a forward P/E ratio of 21.22.

Coca-Cola Bottling Co Consolidated follows with a a forward P/E ratio of 21.52, and PepsiCo rounds out the bottom five with a a forward P/E ratio of 22.20.

SmarTrend recommended that its subscribers protect gains by selling shares of Coca-Cola Enterprises on May 18th, 2016 by issuing a Downtrend alert when the shares were trading at $51.23. Since that call, shares of Coca-Cola Enterprises have fallen 21.5%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: lowest forward p/e ratio coca-cola enterprises Coca-Cola Dr Pepper Snapple coca-cola bottling co consolidated PepsiCo