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Where Constellation Brands’ Valuation Stands ahead of Q1 Results

Where Constellation Brands’ Valuation Stands ahead of Q1 Results

Constellation Brands (STZ) was trading at a 12-month forward PE (price-to-earnings) ratio of 23.9x as of June 22. The company’s valuation multiple has risen by only 0.6% since the announcement of its results for the fourth quarter of fiscal 2018 at the end of March.