P/E ratio for Brown Forman (BF-A)
P/E ratio as of April 2024 (TTM): 31.6
According to Brown Forman's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 31.6289. At the end of 2022 the company had a P/E ratio of 35.5.
P/E ratio history for Brown Forman from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 35.5 | -16.1% |
| 2021 | 42.4 | 11.3% |
| 2020 | 38.1 | 7.95% |
| 2019 | 35.3 | 16.01% |
| 2018 | 30.4 | 17.58% |
| 2017 | 25.9 | 99.08% |
| 2016 | 13.0 | -48.05% |
| 2015 | 25.0 | 19.37% |
| 2014 | 20.9 | 10.6% |
| 2013 | 18.9 | 7.86% |
| 2012 | 17.6 | 19.04% |
| 2011 | 14.7 | -13.54% |
| 2010 | 17.1 | 27.67% |
| 2009 | 13.4 | 5.88% |
| 2008 | 12.6 | -27.39% |
| 2007 | 17.4 | 17.2% |
| 2006 | 14.8 | -36.43% |
| 2005 | 23.3 | 39.02% |
| 2004 | 16.8 | -17.29% |
| 2003 | 20.3 | 34% |
| 2002 | 15.1 | 6.17% |
| 2001 | 14.3 |
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.