Molson Coors Low P/E Valuation Looks Attractive: Time to Buy or Wait?

Molson Coors Beverage Company (TAP) is currently trading at a notable low price-to-earnings (P/E) multiple, well below the averages of the Zacks  Beverages - Alcohol industry and the broader Consumer Staples sector. With a forward 12-month P/E of 10.41x, TAP stock reflects a discount to the industry average of 15.97x and the Consumer Staples sector’s average of 17.84x.TAP Stock Looks UndervaluedImage Source: Zacks Investment ResearchThis shows the TAP stock is undervalued relative to its industry peers, pre ...