Basis: Trailing twelve months (TTM). Source: stored company filings and market data; unavailable inputs remain N/A.
The forward PE ratio is 16.77.
Forward PE Ratio (16.77) = Close Price ($143.48) / Consensus Forward EPS ($8.55)
FORWARD PE RATIO
16.77
SECTOR MEDIAN · CONSUMER DEFENSIVE
17.16
median of 42 covered companies
CURRENT VS SECTOR MEDIAN
-2.24%
vs the sector median at left
PepsiCo, Inc.
Market Cap
$195.99B
Forward PE Ratio
16.77
| NAME | MARKET CAP | FORWARD PE RATIO |
|---|---|---|
| PepsiCo, Inc. (PEP) | $195.99B | 16.77 |
| Anheuser-Busch InBev SA/NV (BUD)vs › | $155.43B | 17.54 |
| British American Tobacco p.l.c. (BTI)vs › | $121.24B | 15.57 |
| Altria Group, Inc. (MO)vs › | $110.35B | 11.64 |
| Philip Morris International Inc. (PM)vs › | $293.38B | 22.50 |
| Monster Beverage Corporation (MNST)vs › | $93.48B | 41.27 |
| Mondelez International, Inc. (MDLZ)vs › | $82.26B | 21.14 |
| Target Corporation (TGT)vs › | $75.13B | 22.66 |
| Colgate-Palmolive Company (CL)vs › | $72.88B | 23.55 |
| The Procter & Gamble Company (PG)vs › | $343.93B | 21.04 |
Trailing P/E
18.8
reported TTM EPS
Forward P/E
16.8
consensus next-FY EPS
The gap between the two multiples is the consensus growth expectation: analysts' forward EPS of $8.55 implies +12.1% EPS growth vs the reported trailing $7.63.
At today's $143.48 close, each upcoming fiscal year's consensus EPS implies a different multiple — how quickly the price is "paid down" by expected earnings if the estimates hold.
| Fiscal year end | Consensus EPS | Estimate range | Analysts | Implied P/E |
|---|---|---|---|---|
| 2026-12-27 | $8.55 | $8.45 – $8.66 | 13 | 16.8x |
| 2027-12-27 | $8.97 | $8.62 – $9.19 | 13 | 16.0x |
| 2028-12-27 | $9.46 | $7.61 – $10.51 | 7 | 15.2x |
Source: FMP analyst consensus estimates, refreshed with the daily precompute. "n/m" = the consensus EPS is not positive, so a multiple is undefined. There is no forward P/E history chart here because charting one would require the estimates as they stood in the past, which we do not store — see the trailing P/E history for how the realized multiple has moved.
PE Ratio = Share Price / Diluted EPS (TTM)
The price-to-earnings ratio measures how much investors pay for each dollar of trailing earnings. A lower PE can indicate a cheaper valuation; a higher PE implies higher growth expectations.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute