British American Tobacco P/E ratioWhat is the P/E ratio? The P/E ratio divides a share's price by its earnings per share over the last year: what you pay for each dollar of profit.
British American Tobacco's P/E ratio is 15.74: its share price of 61.03 over its earnings per share of 3.88 over the last twelve months.
- Today
- 15.74
- Forward P/E, next 12 months
- 11.98
- PEG ratio
- 2.95
- Average, 5 years
- 15.16
- Low, 5 years
- 5.84
- High, 5 years
- 33.26
P/E ratio = price ÷ EPS (last 12 months) = 61.03 ÷ 3.88 = 15.74
Each day's closing price over the earnings per share of the last four quarters reported by that day (basic EPS, adjusted for splits). The P/E moves with the price every day and with the earnings at each report.
The forward P/E divides the price by the analysts' average EPS estimate for the next twelve months: the fiscal year in progress for the months left in it, the next one for the rest. For past days it uses each year's latest estimate, as the estimates of the time were not recorded (we keep a daily copy from November 2026), so the past line reads the price against the earnings expected by the time each year was reported.
P/E ratio by year and by quarter
| Fiscal year | Period ending | P/E ratio | Forward P/E | Market cap | Net income |
|---|---|---|---|---|---|
| FY2027 · Estimate | 31 Dec 2027 | 11.87 | — | — | — |
| FY2026 · Estimate | 31 Dec 2026 | 12.77 | — | — | — |
| Today | 15.74 | 11.98 | 98.76B | 6.44B | |
| FY2025 | 31 Dec 2025 | 11.84 | 11.70 | 91.90B | 7.77B |
| FY2024 | 31 Dec 2024 | 20.20 | 8.51 | 64.26B | 3.18B |
| FY2023 | 31 Dec 2023 | — | 6.74 | 51.17B | -14.19B |
| FY2022 | 31 Dec 2022 | 11.17 | 8.77 | 74.49B | 6.67B |
| FY2021 | 31 Dec 2021 | 9.16 | 6.63 | 62.29B | 6.80B |
| FY2020 | 31 Dec 2020 | 9.66 | 6.63 | 61.84B | 6.40B |
| FY2019 | 31 Dec 2019 | 12.65 | 6.63 | 72.16B | 5.70B |
| FY2018 | 31 Dec 2018 | 9.33 | 6.63 | 56.28B | 6.03B |
| FY2017 | 31 Dec 2017 | 2.98 | 15.40 | 111.75B | 37.49B |
| FY2016 | 31 Dec 2016 | 22.13 | 15.40 | 102.85B | 4.65B |
| FY2015 | 31 Dec 2015 | 19.69 | 14.95 | 84.47B | 4.29B |
| FY2014 | 31 Dec 2014 | 25.03 | — | 77.96B | 3.12B |
| FY2013 | 31 Dec 2013 | 18.73 | — | 73.11B | 3.90B |
| FY2012 | 31 Dec 2012 | 18.48 | — | 70.15B | 3.80B |
| FY2011 | 31 Dec 2011 | 14.55 | — | 68.71B | 4.72B |
| FY2010 | 31 Dec 2010 | 12.99 | — | 56.07B | 4.32B |
| FY2009 | 31 Dec 2009 | 10.99 | — | 45.08B | 4.10B |
| FY2008 | 31 Dec 2008 | 11.46 | — | 40.92B | 3.57B |
| FY2007 | 31 Dec 2007 | 15.34 | — | 44.54B | 2.90B |
| FY2006 | 31 Dec 2006 | 12.43 | — | 32.59B | 2.62B |
| FY2005 | 31 Dec 2005 | 12.17 | — | 29.44B | 2.42B |
| FY2004 | 31 Dec 2004 | 5.41 | — | 20.34B | 3.76B |
| FY2003 | 31 Dec 2003 | 9.41 | — | 17.44B | 1.85B |
| FY2002 | 31 Dec 2002 | 6,318.45 | — | 13.77B | 2.18M |
| FY2001 | 31 Dec 2001 | 6.06 | — | 13.18B | 2.18B |
| FY2000 | 31 Dec 2000 | 6.62 | — | 11.91B | 1.80B |
| FY1999 | 31 Dec 1999 | 4.84 | — | 7.16B | 1.48B |
| FY1998 | 31 Dec 1998 | 11.76 | — | 11.89B | 1.01B |
| FY1997 | 31 Dec 1997 | 7.59 | — | 9.89B | 1.30B |
| FY1996 | 31 Dec 1996 | 4.89 | — | 8.39B | 1.72B |
| FY1995 | 31 Dec 1995 | 5.98 | — | 10.33B | 1.73B |
| Quarter | Period ending | P/E ratio | Forward P/E | Market cap | Net income |
|---|---|---|---|---|---|
| H1 FY2026 | 30 Jun 2026 | 15.66 | 12.48 | 100.83B | 6.44B |
| H2 FY2025 | 31 Dec 2025 | 11.87 | 11.70 | 92.15B | 7.76B |
| H1 FY2025 | 30 Jun 2025 | 24.62 | 9.84 | 76.01B | 3.09B |
| H2 FY2024 | 31 Dec 2024 | 20.83 | 8.51 | 63.92B | 3.07B |
| H1 FY2024 | 30 Jun 2024 | — | 6.74 | 54.84B | -9.70B |
| H2 FY2023 | 31 Dec 2023 | — | 6.74 | 51.37B | -10.23B |
| H1 FY2023 | 30 Jun 2023 | 6.65 | 7.29 | 58.27B | 8.77B |
| H2 FY2022 | 31 Dec 2022 | 12.98 | 8.77 | 74.49B | 5.74B |
| H1 FY2022 | 30 Jun 2022 | 17.84 | 6.63 | 79.71B | 4.47B |
| H2 FY2021 | 31 Dec 2021 | 9.32 | 6.63 | 63.25B | 6.79B |
| H1 FY2021 | 30 Jun 2021 | 10.50 | 6.63 | 65.01B | 6.19B |
| H2 FY2020 | 31 Dec 2020 | 9.80 | 6.63 | 62.73B | 6.40B |
| H1 FY2020 | 30 Jun 2020 | 11.27 | 6.63 | 71.56B | 6.35B |
| H2 FY2019 | 31 Dec 2019 | 12.83 | 6.63 | 73.18B | 5.70B |
| H1 FY2019 | 30 Jun 2019 | 10.29 | 6.63 | 63.35B | 6.16B |
| H2 FY2018 | 31 Dec 2018 | 9.33 | 6.63 | 56.28B | 6.03B |
| H1 FY2018 | 30 Jun 2018 | 2.27 | 11.36 | 86.09B | 37.91B |
| H2 FY2017 | 31 Dec 2017 | 2.98 | 15.40 | 111.75B | 37.49B |
| H1 FY2017 | 30 Jun 2017 | 27.98 | 15.40 | 118.58B | 4.24B |
| H2 FY2016 | 31 Dec 2016 | 22.13 | 15.40 | 102.85B | 4.65B |
| H1 FY2016 | 30 Jun 2016 | 25.44 | 17.76 | 109.80B | 4.32B |
| H2 FY2015 | 31 Dec 2015 | 19.69 | 14.95 | 84.47B | 4.29B |
| H1 FY2015 | 30 Jun 2015 | 19.35 | — | 77.63B | 4.01B |
| H2 FY2014 | 31 Dec 2014 | 25.03 | — | 77.96B | 3.12B |
| H1 FY2014 | 30 Jun 2014 | 21.71 | — | 78.39B | 3.61B |
| H2 FY2013 | 31 Dec 2013 | 18.73 | — | 73.11B | 3.90B |
| H1 FY2013 | 30 Jun 2013 | 19.74 | — | 77.73B | 3.94B |
| H2 FY2012 | 31 Dec 2012 | 18.48 | — | 70.15B | 3.80B |
| H1 FY2012 | 30 Jun 2012 | 17.20 | — | 73.27B | 4.26B |
| H2 FY2011 | 31 Dec 2011 | 14.55 | — | 68.71B | 4.72B |
| H1 FY2011 | 30 Jun 2011 | 13.67 | — | 61.79B | 4.52B |
| H2 FY2010 | 31 Dec 2010 | 12.99 | — | 56.07B | 4.32B |
| H1 FY2010 | 30 Jun 2010 | 11.34 | — | 47.73B | 4.21B |
| H2 FY2009 | 31 Dec 2009 | 10.99 | — | 45.08B | 4.10B |
| H1 FY2009 | 30 Jun 2009 | 13.12 | — | 38.17B | 2.91B |
| H2 FY2008 | 31 Dec 2008 | 33.22 | — | 61.39B | 1.85B |
| H3 FY2008 | 30 Sept 2008 | 0.00 | — | 0.00 | 2.36B |
| H1 FY2008 | 30 Jun 2008 | 51.60 | — | 78.28B | 1.52B |
| H1 FY2008 | 31 Mar 2008 | 0.00 | — | 0.00 | 2.23B |
| H2 FY2007 | 31 Dec 2007 | 63.26 | — | 89.07B | 1.41B |
| H3 FY2007 | 30 Sept 2007 | 0.00 | — | 0.00 | 2.58B |
| H1 FY2007 | 30 Jun 2007 | 52.18 | — | 77.54B | 1.49B |
| H1 FY2007 | 31 Mar 2007 | — | — | 0.00 | — |
| H2 FY2006 | 31 Dec 2006 | 25.13 | — | 32.59B | 1.30B |
| H3 FY2006 | 30 Sept 2006 | — | — | 0.00 | — |
| H1 FY2006 | 30 Jun 2006 | 25.17 | — | 30.91B | 1.23B |
| H1 FY2006 | 31 Mar 2006 | 0.00 | — | 0.00 | 1.79B |
| H2 FY2005 | 31 Dec 2005 | 54.83 | — | 58.88B | 1.07B |
| H3 FY2005 | 30 Sept 2005 | 0.00 | — | 0.00 | 1.67B |
| H1 FY2005 | 30 Jun 2005 | 40.59 | — | 48.83B | 1.20B |
| H1 FY2005 | 31 Mar 2005 | 0.00 | — | 0.00 | 3.27B |
| H2 FY2004 | 31 Dec 2004 | 8.09 | — | 20.34B | 2.51B |
| H3 FY2004 | 30 Sept 2004 | — | — | 0.00 | — |
| H1 FY2004 | 30 Jun 2004 | 21.16 | — | 19.34B | 914.00M |
| H2 FY2003 | 31 Dec 2003 | 19.04 | — | 17.44B | 916.00M |
| H3 FY2003 | 30 Sept 2003 | 0.00 | — | 0.00 | 751.00M |
| H1 FY2003 | 30 Jun 2003 | 22.34 | — | 15.44B | 691.00M |
| H1 FY2003 | 31 Mar 2003 | 0.00 | — | 0.00 | 1.16B |
| H2 FY2002 | 31 Dec 2002 | 13.07 | — | 13.77B | 1.05B |
| H3 FY2002 | 30 Sept 2002 | 0.00 | — | 0.00 | 1.13B |
| H1 FY2002 | 30 Jun 2002 | 15.77 | — | 15.91B | 1.01B |
| H1 FY2002 | 31 Mar 2002 | 0.00 | — | 0.00 | 956.00M |
| H2 FY2001 | 31 Dec 2001 | 23.37 | — | 26.36B | 1.13B |
| H3 FY2001 | 30 Sept 2001 | 0.00 | — | 0.00 | 937.00M |
| H1 FY2001 | 30 Jun 2001 | 29.97 | — | 25.14B | 839.00M |
| H1 FY2001 | 31 Mar 2001 | 0.00 | — | 0.00 | 926.00M |
| H2 FY2000 | 31 Dec 2000 | 12.06 | — | 11.91B | 988.00M |
| H3 FY2000 | 30 Sept 2000 | 0.00 | — | 0.00 | 860.00M |
| H1 FY2000 | 30 Jun 2000 | 7.72 | — | 9.98B | 1.29B |
| H1 FY2000 | 31 Mar 2000 | — | — | 0.00 | — |
| H2 FY1999 | 31 Dec 1999 | 4.84 | — | 7.16B | 1.48B |
| H1 FY1999 | 30 Jun 1999 | 11.04 | — | 13.75B | 1.25B |
| H2 FY1998 | 31 Dec 1998 | 11.76 | — | 11.89B | 1.01B |
| H1 FY1998 | 30 Jun 1998 | 9.12 | — | 10.56B | 1.16B |
| H2 FY1997 | 31 Dec 1997 | 7.59 | — | 9.89B | 1.30B |
| H1 FY1997 | 30 Jun 1997 | 6.35 | — | 9.58B | 1.51B |
| H2 FY1996 | 31 Dec 1996 | 4.89 | — | 8.39B | 1.72B |
| H1 FY1996 | 30 Jun 1996 | 5.16 | — | 8.88B | 1.72B |
| H2 FY1995 | 31 Dec 1995 | 5.98 | — | 10.33B | 1.73B |
| H1 FY1995 | 30 Jun 1995 | — | — | 8.41B | — |
Figures in GBP. A quarter's revenue, net income and dividends are those of its last four quarters. A forecast year's P/E is today's price over the analysts' EPS estimate for that year.
See also:Market cap,P/S ratio,Dividend yield,ROE (return on equity),Debt to equity,Current ratio,All ratios
Common questions about British American Tobacco's P/E ratio
Source: Financial Modeling Prep
