The Coca-Cola Company (KO) P/E Ratio History
Historical price-to-earnings valuation from 1989 to 2025
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Valuation Context
How does the current P/E compare to historical and market benchmarks?
P/E Ratio Analysis
As of March 2, 2026, The Coca-Cola Company (KO) trades at a price-to-earnings ratio of 26.8x, with a stock price of $81.56 and trailing twelve-month earnings per share of $3.04.
The current P/E is roughly in line with its 5-year average of 26.1x. Over the past five years, KO's P/E has ranged from a low of 21.7x to a high of 31.4x, placing the current valuation at the 65th percentile of its historical range.
Compared to the Consumer Defensive sector median P/E of 21.6x, KO trades at a 24% premium to its sector peers. The sector includes 150 companies with P/E ratios ranging from 0.0x to 195.7x.
The PEG ratio of 2.40 (P/E divided by 24% EPS growth) suggests the stock may be expensive relative to its earnings growth. Peter Lynch popularized the rule that a PEG below 1.0 indicates an attractive entry point.
Relative to the broader market, KO trades roughly in line with the S&P 500 median P/E of 26.2x. Investors should consider the company's growth prospects, competitive position, and earnings quality when evaluating whether the current valuation is justified.
For a comprehensive intrinsic value estimate using discounted cash flow analysis, see our KO DCF Valuation Calculator →
Note: P/E ratio is just one valuation metric. It does not account for balance sheet strength, cash flow quality, or growth sustainability. Always conduct comprehensive due diligence before making investment decisions.
Peer Comparison
P/E metrics vs. Global Soft Drink Brand Owners peers
| Company | Market Cap | P/E Ratio | PEG Ratio | EPS Growth (1Y) |
|---|---|---|---|---|
KOThe Coca-Cola Company | $351B | 26.8 | 2.40Best | +24%Best |
PEPPepsiCo, Inc. | $232B | 28.3 | 8.67 | -14% |
FIZZNational Beverage Corp. | $3B | 18.3Lowest | 2.46 | +5% |
Peers sorted by market capitalization. P/E below peers may indicate undervaluation or lower growth expectations. Consider PEG ratio for growth-adjusted comparison.
Historical P/E Data
Quarterly P/E ratios calculated from closing price and TTM EPS
| Quarter | Date | Price | TTM EPS | P/E Ratio | vs Avg |
|---|---|---|---|---|---|
| FY2025 Q4 | Wed Dec 31 2025 00:00:00 GM | $69.91 | $3.04 | 23.0x | -26% |
| FY2025 Q3 | Fri Sep 26 2025 00:00:00 GM | $65.67 | $3.02 | 21.7x | -30% |
| FY2025 Q2 | Fri Jun 27 2025 00:00:00 GM | $70.33 | $2.82 | 24.9x | -19% |
| FY2025 Q1 | Fri Mar 28 2025 00:00:00 GM | $70.37 | $2.50 | 28.1x | -9% |
| FY2024 Q4 | $62.26 | $2.47 | 25.2x | -18% | |
| FY2024 Q3 | Fri Sep 27 2024 00:00:00 GM | $71.79 | $2.42 | 29.7x | -4% |
| FY2024 Q2 | Fri Jun 28 2024 00:00:00 GM | $63.65 | $2.47 | 25.8x | -17% |
| FY2024 Q1 | Fri Mar 29 2024 00:00:00 GM | $61.18 | $2.50 | 24.5x | -21% |
| FY2023 Q4 | Sun Dec 31 2023 00:00:00 GM | $58.93 | $2.48 | 23.8x | -23% |
| FY2023 Q3 | Fri Sep 29 2023 00:00:00 GM | $55.98 | $2.49 | 22.5x | -27% |
| FY2023 Q2 | Fri Jun 30 2023 00:00:00 GM | $60.22 | $2.43 | 24.8x | -20% |
| FY2023 Q1 | Fri Mar 31 2023 00:00:00 GM | $62.03 | $2.28 | 27.2x | -12% |
Average P/E for displayed period: 30.9x
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Start ComparisonFrequently Asked Questions
Is KO stock overvalued or undervalued?
KO trades at 26.8x P/E, near its 5-year average of 26.1x. The 65th percentile ranking places valuation within normal historical bounds.
How does KO's valuation compare to peers?
The Coca-Cola Company P/E of 26.8x compares to sector median of 21.6x. The premium reflects expected growth above peers.
What is KO's PEG ratio?
KO PEG ratio is 2.40. Above 2.0 indicates premium valuation relative to growth rate. Historical P/E data spans 1989-2025.