PEP

Stock

PepsiCo, Inc.

One email when a drop — in price or in valuation — is historically rare for PEP. Otherwise we stay quiet.

Rare

Rare — pay attention.

PepsiCo, Inc. is 25% off its high, 1155 days in — deeper than the vast majority of its 347 recorded drawdowns. This is the kind of decline the severity score exists to flag.

Valuation is notable too — P/S Severity Score 4.2, below its typical range.

Price $135.45 · as of Jul 14, 2026All-time high $180.58Drawdown -25.0%Severity Score™ 5.8
🔴

Strong

Current Drawdown

-25.0%

Days in Drawdown

1155

Avg Max Drawdown

3.6%

Avg Length

38

Drawdown Severity Score™

5.8

PEP - Price & High Water Mark

PEP - Drawdown Timeline

How to read this chart: Negative values indicate drawdowns from all-time highs. Values closer to 0% mean the stock is near its high water mark.

Valuation vs Its Own History

Data as of July 10, 2026 · updated daily

Where today's valuation sits within PEP's own multi-year range, scored with the same Drawdown Severity Score language as price, measured from its typical level rather than its record high — a higher score means it has rarely been cheaper. This is context, not a recommendation.

Price to Sales

1.9xSeverity Score 4.2 · Below its typical range
Low: 1.5xMedian: 2.5xHigh: 3.5x

PepsiCo, Inc. has been cheaper on this measure only about 16% of the time in 20 years of daily history.

44.3% below its highest Price to Sales reading · high date January 10, 2008

Price to Sales history

EV to EBITDA

12.4xSeverity Score 3.5 · Below its typical range
Low: 9.2xMedian: 14.5xHigh: 25.3x

PepsiCo, Inc. has been cheaper on this measure only about 23% of the time in 20 years of daily history.

51.0% below its highest EV to EBITDA reading · high date May 12, 2023

EV to EBITDA history · log scale

How we measure valuation

PepsiCo, Inc. (PEP) Analysis: Current Drawdown Insights

PepsiCo, Inc. is currently in a drawdown that is unusual by its own historical standards. As of 2026-07-14, the stock is trading at $135.45, which represents a 25.0% decline from its all-time high of $180.58. This drawdown has persisted for 1155 days.

Based on its full tracked price history, PepsiCo, Inc. typically experiences drawdowns averaging 3.6% in depth, with an average duration of 38 days. PepsiCo, Inc. has gone through 347 total drawdown events in its tracked history. The largest drawdown on record for PepsiCo, Inc. was 40.4%, beginning in 2008. The longest drawdown duration on record was 1620 days.

The Drawdown Severity Score™ for PepsiCo, Inc. currently stands at 5.75. This is our proprietary indicator that shows the relative severity of the current drawdown based on the asset's unique historical patterns. A score between 5.0 and 8.0 indicates a rare, significant drawdown: the asset seldom sees declines at this level in its tracked history.

Understanding Drawdowns: A drawdown measures how far a stock has fallen from its peak price. Every stock experiences drawdowns: periods when the price declines from all-time highs before recovering. By analyzing PepsiCo, Inc.'s historical drawdown patterns, investors can identify when the stock is experiencing a typical market fluctuation versus an unusual decline that is rare by that stock's own historical standards.

📜 Historical Drawdown Events

Current drawdown shown in blue. Showing the most recent and the deepest of 347 tracked pullbacks (68 listed).

Start DateEnd DateDurationMax DepthStart PriceLowest PriceRecovery Price
2023-05-16Ongoing1155 days-25.0%$180.58$135.45n/a
2023-05-082023-05-103 days-0.5%$178.88$178.03$178.88
2023-05-032023-05-042 days-0.0%$177.02$176.95$178.06
2023-04-262023-04-283 days-0.6%$174.68$173.60$175.77
2023-04-192023-04-202 days-0.1%$170.19$170.09$170.65
2022-12-022023-04-18137 days-9.0%$170.02$154.68$170.19
2022-11-252022-11-306 days-1.3%$168.22$165.96$168.61
2022-10-312022-11-2122 days-3.0%$165.63$160.63$167.99
2022-08-192022-10-2871 days-9.8%$162.88$146.89$165.63
2022-08-172022-08-182 days-0.1%$162.80$162.71$162.88
2022-08-022022-08-1211 days-1.8%$159.76$156.96$160.10
2022-04-292022-08-0195 days-11.4%$159.15$140.95$159.76
2022-04-212022-04-288 days-1.9%$157.33$154.35$159.15
2022-01-182022-04-2092 days-11.9%$156.45$137.84$157.33
2022-01-112022-01-133 days-0.2%$155.14$154.90$155.15
2022-01-032022-01-053 days-0.4%$154.73$154.08$154.83
2021-12-302021-12-312 days-0.2%$154.08$153.81$154.73
2021-12-172021-12-2812 days-2.0%$153.05$149.92$153.53
2021-12-142021-12-152 days-0.2%$151.26$150.89$152.83
2021-12-092021-12-102 days-0.1%$148.33$148.14$150.51
2021-12-072021-12-082 days-0.1%$148.24$148.07$148.33
2021-11-082021-12-0629 days-3.7%$146.87$141.37$148.24
2021-10-292021-11-025 days-0.2%$143.00$142.68$143.99
2021-10-212021-10-288 days-1.3%$142.72$140.84$143.00
2021-10-152021-10-195 days-0.7%$140.91$139.88$141.65
2021-08-202021-10-1355 days-4.8%$139.64$132.89$139.79
2021-08-172021-08-193 days-1.1%$138.89$137.33$139.64
2021-07-282021-08-1620 days-2.5%$138.79$135.37$138.89
2021-07-262021-07-272 days-0.1%$138.12$138.03$138.79
2021-07-212021-07-233 days-0.4%$136.93$136.37$138.12
2021-07-192021-07-202 days-0.0%$136.93$136.91$136.93
2021-07-092021-07-135 days-0.3%$131.69$131.36$134.42
2021-06-162021-07-0217 days-2.5%$130.57$127.29$130.86
2021-06-072021-06-148 days-1.2%$129.92$128.39$130.56
2021-05-272021-06-038 days-1.2%$129.38$127.81$129.77
2021-05-212021-05-244 days-0.1%$128.44$128.33$128.98
2021-01-042021-05-20136 days-12.9%$128.35$111.77$128.44
2020-12-302020-12-312 days-0.1%$127.59$127.49$128.35
2020-12-212020-12-299 days-2.0%$127.16$124.65$127.59
2020-12-072020-12-1812 days-1.1%$126.23$124.83$127.16
2020-12-022020-12-043 days-1.0%$125.53$124.28$126.23
2020-11-172020-12-0115 days-1.9%$125.26$122.90$125.53
2020-11-122020-11-132 days-0.0%$123.66$123.61$124.36
2020-02-182020-11-11268 days-28.8%$123.61$87.99$123.66
2020-01-312020-02-056 days-1.3%$120.96$119.43$121.35
2020-01-242020-01-307 days-1.3%$120.81$119.19$120.96
2019-10-072020-01-16102 days-5.9%$117.15$110.22$117.41
2019-09-052019-10-0430 days-3.1%$115.41$111.86$117.15
2019-07-112019-08-2748 days-7.4%$111.48$103.18$111.77
2019-06-212019-07-1020 days-2.3%$111.27$108.76$111.48
2019-06-112019-06-2010 days-1.1%$110.80$109.53$111.27
2018-01-292018-11-19295 days-20.4%$96.25$76.58$96.43
2008-01-112012-06-181620 days-40.4%$47.01$28.02$47.04
2004-06-232005-02-04227 days-13.5%$30.71$26.57$30.86
2002-04-222004-02-23673 days-33.0%$28.44$19.06$28.59
2000-12-152001-09-18277 days-16.8%$26.23$21.82$26.35
2000-10-312000-12-1445 days-13.7%$25.82$22.27$26.23
1998-04-062000-06-14801 days-37.4%$22.65$14.17$22.79
1997-10-221998-03-10140 days-14.1%$20.14$17.30$20.27
1997-01-241997-05-0298 days-12.7%$16.28$14.21$16.34
1996-07-021997-01-23206 days-20.7%$16.21$12.85$16.28
1993-04-011995-04-24753 days-29.1%$9.23$6.55$9.24
1992-01-101992-04-1091 days-12.8%$7.46$6.51$7.51
1991-04-031992-01-08281 days-23.2%$7.45$5.72$7.46
1990-07-181991-01-24191 days-21.5%$5.72$4.49$5.84
1989-12-141990-04-06113 days-14.2%$4.46$3.83$4.46
1987-08-281988-10-20420 days-28.7%$2.72$1.94$2.74
1987-03-131987-06-0382 days-14.5%$2.29$1.96$2.29
1986-07-031987-03-05246 days-26.6%$2.24$1.64$2.25

How to read: Each row shows a complete drawdown from peak to recovery. Red rows = most severe drawdowns (worst 20% or 5x+ average), yellow rows = moderate (2x-5x worse than average).

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Or explore current drawdowns:

PepsiCo, Inc. (PEP) is trading at $135.45 as of Jul 14, 2026. It is 25.0% below its high of $180.58. The drawdown has lasted 1,155 days. Severity score: 5.8 (Strong).

PEP Price History and Drawdown Data

Latest price

$135.45

High-water mark

$180.58

Current drawdown

-25.0%

Days in drawdown

1,155

This PEP page is built around daily price history, the latest high-water mark, current drawdown depth, drawdown duration, and comparable historical drawdown events. The chart above provides the price-history context, while the sections below explain how the current move compares with prior PepsiCo, Inc. drawdowns.

What History Says About PEP

PepsiCo, Inc. has dropped 25%+ from its high 7 times in its tracked history. These events lasted an average of 683 days with an average max drop of -32.0%.

The current drawdown of -25.0% has lasted 1,155 days, which is 1.7x the average duration of comparable events.

PeriodMax DropDuration
Jan 2008 to Jun 2012-40.4%1620 days
Apr 1998 to Jun 2000-37.4%801 days
Apr 2002 to Feb 2004-33.0%673 days
Apr 1993 to Apr 1995-29.1%753 days
Feb 2020 to Nov 2020-28.8%268 days
Aug 1987 to Oct 1988-28.7%420 days

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