P/E ratio for British American Tobacco (BTI)
P/E ratio as of October 2023 (TTM): N/A
According to British American Tobacco's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 0. At the end of 2021 the company had a P/E ratio of 9.29.
P/E ratio history for British American Tobacco from 2003 to 2011
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 9.29 | -5.95% |
| 2020 | 9.88 | -23.79% |
| 2019 | 13.0 | 37.78% |
| 2018 | 9.41 | 248.7% |
| 2017 | 2.70 | -85.2% |
| 2016 | 18.2 | 11.41% |
| 2015 | 16.4 | -21.28% |
| 2014 | 20.8 | 32.77% |
| 2013 | 15.7 | -1.08% |
| 2012 | 15.8 | -18.68% |
| 2011 | 19.5 | 13.19% |
| 2010 | 17.2 | 17.44% |
| 2009 | 14.6 | 2.27% |
| 2008 | 14.3 | -22.48% |
| 2007 | 18.5 | 17.93% |
| 2006 | 15.7 | 0.85% |
| 2005 | 15.5 | 94.88% |
| 2004 | 7.97 | -72.18% |
| 2003 | 28.6 | 81.18% |
| 2002 | 15.8 | 0.91% |
| 2001 | 15.7 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Philip Morris PM | 17.7 | N/A | 🇺🇸 USA |
 Altria Group MO | 10.9 | N/A | 🇺🇸 USA |
 Vector Group
VGR | 10.4 | N/A | 🇺🇸 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.