Start with its own history
At 17.66×, BUD is 58.5% below its 10-observation annual average. A lower multiple can reflect a lower price, higher earnings, or weaker growth expectations—not necessarily a bargain.
NYSE · BUDBeverages - AlcoholicUpdated Nov 5, 2026
Anheuser-Busch InBev SA/NV P/E ratio
Current valuation, historical context, and peer comparisons.
Current P/E ratio
17.66×
58.5% belowthe 10-year annual average
Share price83.67
÷Earnings per share4.739
Price and EPS in quote currency. Calculation details
Investors are paying 17.66 for every 1 of reported earnings per share.
P/E over time
2016 – 2025
Annual P/ESelected-period average 42.56×
3-year average19.82×3 positive annual observations
5-year average21.11×5 positive annual observations
10-year average42.56×10 positive annual observations
Peer median · TTM18.94×7 peers with positive P/E
Historical P/E ratios
Annual period-end data · 17 observations
| Period end | P/E | Change |
|---|---|---|
| Dec 31, 2025 | 18.01× | +5.3% |
| Dec 31, 2024 | 17.11× | -29.7% |
| Dec 31, 2023 | 24.33× | +20.8% |
| Dec 31, 2022 | 20.14× | -22.5% |
| Dec 31, 2021 | 25.98× | -73.5% |
| Dec 31, 2020 | 98.09× | +455.4% |
| Dec 31, 2019 | 17.66× | -40.9% |
| Dec 31, 2018 | 29.88× | +8.5% |
View all 17 annual observations +
| Period end | P/E | Change |
|---|---|---|
| Dec 31, 2017 | 27.55× | -81.2% |
| Dec 31, 2016 | 146.88× | +489.6% |
| Dec 31, 2015 | 24.91× | +23.7% |
| Dec 31, 2014 | 20.14× | +68.3% |
| Dec 31, 2013 | 11.96× | -39.0% |
| Dec 31, 2012 | 19.60× | +17.4% |
| Dec 31, 2011 | 16.70× | -26.8% |
| Dec 31, 2010 | 22.81× | +27.3% |
| Dec 31, 2009 | 17.93× | N/M |
Change is relative to the preceding observation. N/M values are excluded from averages.
How BUD compares
Company P/E vs. peer trailing-12-month ratios
| Company | P/E ratio |
|---|---|
 BUD This stockAnheuser-Busch InBev SA/NV | 17.66× |
 ABEVAmbev S.A. | 14.95× |
 STZConstellation Brands, Inc. | 13.04× |
 DEODiageo plc | 31.38× |
 TAPMolson Coors Beverage Company | N/M |
 FMXFomento Económico Mexicano, S.A.B. de C.V. | 22.75× |
 HINKFHeineken N.V. | 20.34× |
 BDWBYBudweiser Brewing Company APAC Limited | 18.94× |
 TSGTFTsingtao Brewery Company Limited | 16.57× |
Peers are selected by the data provider. Business models and earnings definitions can differ.
Put the numbers in context
What does BUD’s P/E tell you?
Compare like with like
The median of the 7 positive peer ratios above is 18.94×. Check growth, margins, debt, and earnings quality before interpreting the gap. A faster-growing business may justify a higher multiple.
Check what drives earnings
One-off gains can temporarily lower P/E; unusual charges can raise it. Reported earnings and forward estimates answer different questions. Pair this view with return on equity and liquidity for a fuller picture.
Keep your research connected
Take BUD into your spreadsheet
Pull historical P/E into Excel or Google Sheets with Wisesheets. Build your own comparisons alongside the rest of your financial model.
Explore WisesheetsQuarterly P/E · latest quarterLQ selects the latest reported quarter. Requires the Wisesheets add-in. See available data
=WISE("BUD", "PE Ratio", "LQ")Sources & calculation methodology
Current P/E
Share price 83.67 ÷ EPS 4.739 = 17.66×. Data is supplied by Financial Modeling Prep through Wisesheets. Quote feed updated Nov 5, 2026; this is not a real-time trading quote.
History & averages
Annual and quarterly P/E observations are provided separately from the current quote. Averages use the latest 3, 5, or 10 annual observations, excluding missing and nonpositive ratios. Pre-IPO observations are omitted. These are period-end observations, not daily averages.
Data definitions and limitations
The current quote feed does not specify the exact EPS filing-period end or whether EPS is basic or diluted. We do not label it as forward P/E. Peer ratios are explicitly trailing-12-month (TTM) values. Historical observations do not include independently verified price and EPS inputs. Sources may update on different schedules; rounded inputs can produce small calculation differences. Historical comparisons describe past pricing, not an estimate of fair value.
BUD P/E ratio: common questions
The essentials behind the numbers.
Anheuser-Busch InBev SA/NV's current P/E is 17.66× based on the quote data last updated Nov 5, 2026. It represents the share price divided by reported earnings per share. Prices and earnings may refresh on different schedules.
Annual P/E uses earnings for a completed fiscal year. Trailing-12-month (TTM) P/E uses the latest four quarters, while forward P/E uses forecast earnings. These are not interchangeable. This page labels peer ratios as TTM and shows dated annual or quarterly historical observations; it does not show forward estimates.
N/M means not meaningful: the feed has no positive P/E for that observation. Negative or zero earnings should not be ranked as a low positive valuation multiple. N/M observations are excluded from the averages shown above.
Divide the share price by earnings per share (EPS). For example, a share price of 100 and EPS of 5 gives a P/E of 20×. This page uses the price and EPS supplied together in the quote when both are positive.
Price timestamps, EPS definitions, share classes, adjustments, and fiscal periods can differ. A forward P/E also uses forecast earnings rather than reported earnings. Compare the inputs and as-of dates before comparing two displayed ratios.
Not necessarily. The average describes previous market pricing, not fair value. Changes in earnings quality, growth expectations, debt, accounting, and business risk can justify a different multiple today.