PB Ratio: 1.91

Basis: Latest stored market observation. Source: stored company filings and market data; unavailable inputs remain N/A.

Is the P/B ratio high or low?

The P/B ratio of 1.91 is 53% above its 5-year average of 1.25, near the high end of its 5-year range (0.70–2.27).

As of Friday, August 21, 2026. 3.41% below its 12-month average of 1.98.

BTI PB Ratio Metrics

P/B vs. its own history

At 1.91, P/B is near its 20-year median — higher than 39% of readings in its 20-year history.

Book Value Analysis

PB Ratio Formula & Definition

PB Ratio = Market Cap / Total Shareholders' Equity

The price-to-book ratio compares market capitalization to book value (shareholders' equity). Lower values can indicate a cheaper valuation relative to net assets.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

PB Ratio FAQ

What is the P/B ratio for British American Tobacco p.l.c. (BTI)?

The P/B ratio for BTI stock is 1.91.

Is British American Tobacco p.l.c.'s P/B ratio high or low?

The P/B ratio of 1.91 is 53% above its 5-year average of 1.25, near the high end of its 5-year range (0.70–2.27).

What is the TTM average P/B ratio for British American Tobacco p.l.c. (BTI)?

The TTM average P/B ratio for BTI stock is 1.98.

What is the 3Y average P/B ratio for British American Tobacco p.l.c. (BTI)?

The 3Y average P/B ratio for BTI stock is 1.43.

What is the 5Y average P/B ratio for British American Tobacco p.l.c. (BTI)?

The 5Y average P/B ratio for BTI stock is 1.25.

What is the 10Y average P/B ratio for British American Tobacco p.l.c. (BTI)?

The 10Y average P/B ratio for BTI stock is 1.20.

What is the 15Y average P/B ratio for British American Tobacco p.l.c. (BTI)?

The 15Y average P/B ratio for BTI stock is 6.15.

What is the 20Y average P/B ratio for British American Tobacco p.l.c. (BTI)?

The 20Y average P/B ratio for BTI stock is 6.64.

Showing the most recent 260 of 5,032 data points. The chart above shows the full history.

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