Ambev S.A.

ABEV Consumer Defensive Beverages Brewers

Ambev S.A.’s revenue for fiscal 2025 (year ended December 2025) was $15.8 billion, down 4.70% from fiscal 2024.

Revenue
+18.5%
EPS
+83.7%
Free cash flow
+255.0%
Total debt
−5.21%

Quarter to September 2026, against a year earlier

2.80 0.04 +1.45%
Market cap
$42.3B
P/E
13.7×
Fwd P/E
—
Dividend yield
4.32%
F-score
7/9
Altman Z
3.94
Beneish M
−2.76
Dividend safety
27/100

Ambev S.A. (ABEV) P/B ratio

Alert me on P/B ratio

As of 5 November 2026, Ambev S.A. (ABEV) trades at a P/B ratio of 2.4×. Over the past ten years it has ranged from 1.5× (January 2025) to 7.7× (March 2018); the current reading is higher than 20% of that period. That is in line with the Beverages Brewers industry median of 2.4× and above the Consumer Defensive sector median of 1.7×.

P/B ratio, daily

Embed this chart

Annual newest first

Period P/B ratio Change
FY2025 2.3× 43.58%
FY2024 1.6× (41.75%)
FY2023 2.7× 7.17%
FY2022 2.5× (10.75%)
FY2021 2.8× (14.29%)
FY2020 3.3× (28.58%)
FY2019 4.6× 18.15%
FY2018 3.9× (43.35%)
FY2017 6.9× 16.10%
FY2016 6.0× 30.29%

Quarterly newest first

Period P/B ratio Change
Sep 2026 2.5× (9.20%)
Jun 2026 2.8× 5.32%
Mar 2026 2.6× 29.42%
Sep 2025 2.0× (10.57%)
42 more quarters

Against its own ten years

Low 1.5× High 7.7×
Ten-year median 3.0×
Current reading's percentile 22

P/B ratio against peers

Company P/B ratio
TAP Molson Coors Beverage Company compare 0.8×
CCU Compania Cervecerias Unidas, S.A. compare 1.2×
BUD Anheuser-Busch InBev SA/NV compare 1.7×
FMX Fomento Economico Mexicano S.A.B. de C.V. compare 2.4×
ABEV Ambev S.A. 2.4×
STZ Constellation Brands Inc compare 2.8×
SAM The Boston Beer Company, Inc. compare 3.1×
Beverages Brewers industry median 2.4×
Consumer Defensive sector median 1.7×
Market median 1.7×

What P/B ratio is

Price to Book Value tells an investor how much the market pays for a company’s shares relative to the accounting net worth that belongs to common shareholders.

Stock Price ÷ (Common Equity (Total) (latest quarter) ÷ Shares (Basic, Weighted) (latest quarter))

The full definition of P/B ratio →

More on ABEV