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.

60.00 2.00 +3.45%
Market cap
$124.7B
P/E
7.6×
Fwd P/E
12.9×
Dividend yield
6.94%
F-score
7/9
Altman Z
1.73
Beneish M
−2.24
Dividend safety
32/100

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

Alert me on P/E ratio

As of 16 October 2026, British American Tobacco p.l.c. (BTI) trades at a P/E ratio of 7.6×. Over the past ten years it has ranged from 0.9× (December 2018) to 22.6× (March 2019); the current reading is higher than 87% of that period. That is below the Tobacco industry median of 21.2× and below the Consumer Defensive sector median of 18.1×.

P/E ratio, daily

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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 86

P/E ratio against peers

Company P/E ratio
ISPR Ispire Technology Inc. compare n/m
AIIR Air Global PLC compare n/m
RYM RYTHM, Inc. compare n/m
BTI British American Tobacco p.l.c. 7.6×
MO Altria Group, Inc. compare 15.8×
RLX RLX Technology Inc. Sponsored ADR compare 16.0×
TPB Turning Point Brands, Inc. compare 26.3×
PM Philip Morris International Inc. compare 29.5×
UVV Universal Corporation compare 53.4×
Tobacco industry median 21.2×
Consumer Defensive sector median 18.1×
Market median 18.1×

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 →

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