As of 2025-05-14, the Relative Valuation of Heineken NV (HEIA.AS) is 30.47 EUR. This relative valuation is based on P/E multiples. With the latest stock price at 78.02 EUR, the upside of Heineken NV based on Relative Valuation is -61.0%.
The range of the Relative Valuation is 22.55 - 38.33 EUR.
| Range | Selected | |
| Trailing P/E multiples | 13.3x - 17.3x | 15.3x |
| Forward P/E multiples | 11.8x - 14.4x | 13.2x |
| Fair Price | 22.55 - 38.33 | 30.47 |
| Upside | -71.1% - -50.9% | -61.0% |
| Date | P/E |
| 2025-05-12 | 46.42 |
| 2025-05-09 | 46.70 |
| 2025-05-08 | 46.24 |
| 2025-05-07 | 46.27 |
| 2025-05-06 | 46.67 |
| 2025-05-05 | 46.53 |
| 2025-05-02 | 46.56 |
| 2025-04-30 | 46.35 |
| 2025-04-29 | 45.67 |
| 2025-04-28 | 45.66 |
| 2025-04-25 | 45.22 |
| 2025-04-24 | 45.70 |
| 2025-04-23 | 45.69 |
| 2025-04-22 | 46.43 |
| 2025-04-17 | 46.48 |
| 2025-04-16 | 46.48 |
| 2025-04-15 | 44.25 |
| 2025-04-14 | 43.65 |
| 2025-04-11 | 43.58 |
| 2025-04-10 | 42.86 |
| 2025-04-09 | 41.85 |
| 2025-04-08 | 43.02 |
| 2025-04-07 | 42.28 |
| 2025-04-04 | 43.21 |
| 2025-04-03 | 43.51 |
| 2025-04-02 | 44.11 |
| 2025-04-01 | 43.90 |
| 2025-03-31 | 44.40 |
| 2025-03-28 | 44.65 |
| 2025-03-27 | 43.81 |
| 2025-03-26 | 44.01 |
| 2025-03-25 | 44.09 |
| 2025-03-24 | 44.53 |
| 2025-03-21 | 45.69 |
| 2025-03-20 | 45.71 |
| 2025-03-19 | 45.94 |
| 2025-03-18 | 45.99 |
| 2025-03-17 | 46.43 |
| 2025-03-14 | 46.34 |
| 2025-03-13 | 45.70 |
| 2025-03-12 | 46.40 |
| 2025-03-11 | 46.82 |
| 2025-03-10 | 47.53 |
| 2025-03-07 | 47.92 |
| 2025-03-06 | 47.21 |
| 2025-03-05 | 47.14 |
| 2025-03-04 | 48.05 |
| 2025-03-03 | 47.43 |
| 2025-02-28 | 47.82 |
| 2025-02-27 | 47.53 |