P/E ratio for Brown & Brown (BRO)
P/E ratio as of June 2024 (TTM): 33.4
According to Brown & Brown 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 33.365. At the end of 2022 the company had a P/E ratio of 24.0.
P/E ratio history for Brown & Brown from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 24.0 | -28.86% |
| 2021 | 33.8 | 20.44% |
| 2020 | 28.1 | 0.9% |
| 2019 | 27.8 | 25.09% |
| 2018 | 22.2 | 23.52% |
| 2017 | 18.0 | -26.2% |
| 2016 | 24.4 | 30.64% |
| 2015 | 18.7 | -18.91% |
| 2014 | 23.0 | 9.97% |
| 2013 | 20.9 | 5.21% |
| 2012 | 19.9 | 0.2% |
| 2011 | 19.9 | -5.47% |
| 2010 | 21.0 | 26.21% |
| 2009 | 16.6 | -5.26% |
| 2008 | 17.6 | 1.64% |
| 2007 | 17.3 | -24.66% |
| 2006 | 22.9 | -18.14% |
| 2005 | 28.0 | 20.31% |
| 2004 | 23.3 | 15.69% |
| 2003 | 20.1 | -22.77% |
| 2002 | 26.1 | -47.42% |
| 2001 | 49.6 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Aon AON | 20.9 | -37.36% | 🇬🇧 UK |
 Arthur J. Gallagher & Co.
AJG | 46.8 | 40.31% | 🇺🇸 USA |
 Marsh & McLennan Companies MMC | 29.2 | -12.61% | 🇺🇸 USA |
 CBIZ CBZ | 30.7 | -8.04% | 🇺🇸 USA |
How to read a P/E ratio?
The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.
Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.