Pricing Log in Create free account
Friday 6 November 2026 Export BTI’s income statement to Excel — free account

British American Tobacco p.l.c.

BTI Consumer Defensive Tobacco

British American Tobacco p.l.c.’s revenue for fiscal 2025 (year ended December 2025) was $33.8 billion, up 2.17% from fiscal 2024.

63.11 0.14 +0.22%
Market cap
$135.6B
P/E
8.0×
Fwd P/E
13.9×
Dividend yield
5.27%
F-score
7/9
Altman Z
1.73
Beneish M
−2.24
Dividend safety
32/100
Overview
Financials
Income Statement Balance Sheet Cash Flow Metrics & Ratios

British American Tobacco p.l.c. (BTI) P/E ratio

Alert me on P/E ratio

As of 5 November 2026, British American Tobacco p.l.c. (BTI) trades at a P/E ratio of 8.0×. Over the past ten years it has ranged from 0.9× (December 2018) to 22.6× (March 2019); the current reading is higher than 90% of that period. That is below the Tobacco industry median of 16.1× and below the Consumer Defensive sector median of 17.2×.

P/E ratio, daily

Embed this chart

Annual newest first

Period P/E ratio Change
FY2025 7.2× 55.89%
FY2024 4.6× 21.88%
FY2023 3.8× (28.82%)
FY2022 5.3× 9.54%
FY2021 4.9× (11.26%)
FY2020 5.5× (34.31%)
FY2019 8.3× (51.10%)
FY2018 17.0× 762.47%
FY2017 2.0× (55.84%)
FY2016 4.5× 2.80%

Quarterly newest first

Period P/E ratio Change
Jun 2023 4.2× (20.70%)
Dec 2022 5.3× (15.37%)
Jun 2022 6.3× 29.43%
Dec 2021 4.9× (10.23%)
6 more quarters

Against its own ten years

Low 0.9× High 22.6×
Ten-year median 5.1×
Current reading's percentile 89

P/E ratio against peers

Company P/E ratio
ISPR Ispire Technology Inc. compare n/m
UVV Universal Corporation compare n/m
RYM RYTHM, Inc. compare 5.1×
BTI British American Tobacco p.l.c. 8.0×
RLX RLX Technology Inc. Sponsored ADR compare 15.3×
MO Altria Group, Inc. compare 16.1×
TPB Turning Point Brands, Inc. compare 28.4×
PM Philip Morris International Inc. compare 29.5×
AIIR Air Global PLC compare 285×
Tobacco industry median 16.1×
Consumer Defensive sector median 17.2×
Market median 17.9×

What P/E ratio is

Price to Earnings Ratio shows how much investors pay for each dollar of a company’s annual profit per share.

Stock Price ÷ EPS (Basic) (TTM)

The full definition of P/E ratio →

More on BTI