PepsiCo forward PE PEP
Share price divided by analysts' consensus earnings for the next twelve months, since 1994.
- Today, Oct 23, 2026
- 16.0×
- 10-year median
- 22.9×
- Against its 10-year history
- 1st
- percentile: 0 is its lowest day, 100 its highest
- 10-year range
- 14.5× to 28.1×
- Peer median
- 27.3×
PepsiCo's forward PE is 16.0× as of Oct 23, 2026.
That is below its ten-year median of 22.9×, lower than on 99% of days in the last ten years.
Over that time it ranged from 14.5× in Oct 2026 to 28.1× in Feb 2020.
The median for 3 non-alcoholic beverage stocks of a similar size is 27.3×.
Forward PE over time
The dashed line is the 10-year median and the shaded band the middle half of its days.
Year by year
| Year | End of year | Low | High |
|---|---|---|---|
| 2026 so far | 16.0× | 14.5× | 20.6× |
| 2025 | 17.4× | 16.0× | 19.5× |
| 2024 | 19.8× | 19.8× | 23.1× |
| 2023 | 22.1× | 20.8× | 26.7× |
| 2022 | 25.3× | 23.6× | 27.7× |
| 2021 | 27.4× | 21.9× | 27.4× |
| 2020 | 25.4× | 19.9× | 28.1× |
| 2019 | 26.5× | 20.6× | 27.0× |
| 2018 | 21.0× | 18.2× | 23.6× |
| 2017 | 23.2× | 21.3× | 24.1× |
| 2016 | 22.2× | 21.3× | 23.8× |
| 2015 | 22.9× | 21.6× | 23.9× |
| 2014 | 23.6× | 19.2× | 24.3× |
| 2013 | 20.7× | 18.1× | 22.7× |
| 2012 | 17.8× | 16.3× | 19.1× |
| 2011 | 16.8× | 14.6× | 16.9× |
| 2010 | 15.4× | 15.0× | 16.5× |
| 2009 | 15.5× | 13.5× | 16.5× |
| 2008 | 15.7× | 14.9× | 21.7× |
| 2007 | 21.5× | 19.2× | 21.9× |
Against its peers
Companies in Beverages - Non-Alcoholic nearest PepsiCo's size, closest first, today.
| Company | Forward PE |
|---|---|
| PEPPepsiCo | 16.0× |
| MNSTMonster Beverage | 37.4× |
| KOCoca-Cola | 27.3× |
| KDPKeurig Dr Pepper | 14.2× |
| Peer median | 27.3× |
Where PepsiCo ranks
What the forward PE tells you
Price divided by what analysts expect the company to earn over the next twelve months. It answers "what am I paying for next year" instead of last year.
Estimates are opinions. When forward PE is far below trailing PE, analysts expect a big jump in earnings. If that jump slips, the stock was not as cheap as it looked.
More on PepsiCo
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.