Shares of Monster Worldwide Rank the Highest in Terms of P/E Ratio in the Soft Drinks Industry (MNST, FIZZ, COKE, DPS, PEP)
Below are the three companies in the Soft Drinks industry with the highest 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.
Monster Worldwide ranks highest with a a P/E ratio of 52.56. Following is National Beverage with a a P/E ratio of 49.23. Coca-Cola Bottling Co Consolidated ranks third highest with a a P/E ratio of 29.22.
Dr Pepper Snapple follows with a a P/E ratio of 24.83, and PepsiCo rounds out the top five with a a P/E ratio of 23.42.
SmarTrend recommended that subscribers consider buying shares of Monster Worldwide on April 29th, 2016 as our technology indicated a new Uptrend was in progress when shares hit $142.94. Since that recommendation, shares of Monster Worldwide have risen 11.2%. We continue to monitor Monster Worldwide for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
Keywords: highest p/e ratio monster worldwide national beverage coca-cola bottling co consolidated Dr Pepper Snapple PepsiCo