Shares of Coca-Cola Enterprises Rank the Lowest in Terms of P/E Ratio in the Soft Drinks Industry (CCE, KO, DPS, PEP, COKE)
Below are the three companies in the Soft Drinks industry with the lowest price to earnings (P/E) ratios. P/E is an important valuation tool when comparing companies in the same industry. A higher P/E ratio means that investors are paying more for each unit of net income, so the stock is more expensive compared to one with a lower P/E ratio.
Coca-Cola Enterprises ranks lowest with a a P/E ratio of 14.46. Coca-Cola is next with a a P/E ratio of 19.75. Dr Pepper Snapple ranks third lowest with a a P/E ratio of 22.56.
PepsiCo follows with a a P/E ratio of 22.90, and Coca-Cola Bottling Co Consolidated rounds out the bottom five with a a P/E ratio of 29.51.
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 25.7%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.
Keywords: lowest p/e ratio coca-cola enterprises Coca-Cola Dr Pepper Snapple PepsiCo coca-cola bottling co consolidated