Is The Market Undervaluing PepsiCo Stock vs. Coca-Cola?
- Friday, November 27, 2020, 7:11
- Market
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Why is the market letting you buy $50 of PepsiCo’s revenues for a price of roughly $144 per share of PepsiCo stock– implying a price-to-sales (P/S) multiple of close to 3x – while for its close rival Coca-Cola, you need to shell out almost double, 6x? Coca-Cola’s 6x multiple is based on its…