Anheuser-Busch InBev SA/NV

BUD Consumer Defensive Beverages Brewers

Anheuser-Busch InBev SA/NV’s revenue for fiscal 2025 (year ended December 2025) was $59.3 billion, down 0.75% from fiscal 2024.

Revenue
+9.11%
EPS
+88.7%
Free cash flow
+338.5%

Quarter to September 2026, against a year earlier

85.14 1.47 +1.76%
Market cap
$149.1B
P/E
16.4×
Fwd P/E
−9.7×
Dividend yield
1.58%
F-score
7/9
Altman Z
1.40
Beneish M
−2.47
Dividend safety
43/100

Anheuser-Busch InBev SA/NV (BUD) P/B ratio

Alert me on P/B ratio

As of 5 November 2026, Anheuser-Busch InBev SA/NV (BUD) trades at a P/B ratio of 1.7×. Over the past ten years it has ranged from 0.8× (March 2020) to 6.0× (September 2016); the current reading is higher than 51% of that period. That is below the Beverages Brewers industry median of 2.4× and in line with the Consumer Defensive sector median of 1.7×.

P/B ratio, daily

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Annual newest first

Period P/B ratio Change
FY2025 1.3× 14.97%
FY2024 1.1× (19.10%)
FY2023 1.4× (1.82%)
FY2022 1.4× (7.06%)
FY2021 1.5× (14.08%)
FY2020 1.8× (7.39%)
FY2019 1.9× 6.47%
FY2018 1.8× (34.54%)
FY2017 2.8× 25.30%
FY2016 2.2× (50.78%)

Quarterly newest first

Period P/B ratio Change
Sep 2026 1.4× (10.89%)
Jun 2026 1.6× 14.52%
Mar 2026 1.4× 7.99%
Dec 2025 1.3× 0.39%
43 more quarters

Against its own ten years

Low 0.8× High 6.0×
Ten-year median 1.6×
Current reading's percentile 55

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 1.7×
FMX Fomento Economico Mexicano S.A.B. de C.V. compare 2.4×
ABEV Ambev S.A. compare 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 →

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