PepsiCo Inc. (PEP) stock is trading at a discount compared with the Zacks Beverages – Soft Drinks industry. With a forward 12-month Price/Earnings ratio of 19.8X, it sits below the industry average of 21.5X and the Consumer Staples sector's 18.4X. The stock also trades below the S&P 500's multiple of 21.9X. The soft drink behemoth has a market capitalization of $233.5 billion. The average volume of shares traded in the last three months was 5.4 million. Image Source: Zacks Investment Research The stock is a ...