The current P/E ratio for Brown Forman stock as of May 2, 2024 is 23.63. This is calculated based on the TTM EPS of $2.01 and the stock price of $47.49 per share. The PE ratio has decreased by 35% from its last 4 quarters average of 36.6.
The average historical PE ratio of Brown Forman for the last ten years is 32.88. The current price-to-earnings ratio of 23.63 is 28% less than the historical average. Analyzing the last ten years, BF.B's PE ratio reached its highest point in the Jul 2023 quarter at 44.4, when the price was $70.6 and the EPS was $1.59. The lowest point was recorded in the Jan 2017 quarter, when it reached 17.21 with a price of $36.48 and an EPS of $2.12.
Maximum annual increase: 49.48% in 2017
Maximum annual decrease: -33.9% in 2016
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 39.93 | 3.61% |
| 2022 | 38.54 | -4.51% |
| 2021 | 40.36 | 12.27% |
| 2020 | 35.95 | 17.37% |
| 2019 | 30.63 | -18.56% |
| 2018 | 37.61 | 37.11% |
| 2017 | 27.43 | 49.48% |
| 2016 | 18.35 | -33.9% |
| 2015 | 27.76 | -4.87% |
| 2014 | 29.18 | 14.84% |
Currently, BF.B's PE ratio is under its 3, 5 and 10-year averages.
When compared to its peer stock STZ, BF.B's PE ratio is lower.
| Stock name | PE ratio | Market cap |
|---|---|---|
| BF.B Brown Forman Corp | 23.63 | $22.44B |
| STZ Constellation Brands Inc | 26.97 | $46.49B |
| WVVI Willamette Valley Vineyards Inc | N/A | $20.81M |
The price to earnings ratio for BF.B stock as of May 2, 2024, stands at 23.63.
The 3-year average PE ratio for BF.B stock is 39.25.
The 5-year average PE ratio for BF.B stock is 38.03.
Over the last ten years, the quarterly PE ratio reached its highest level at 44.4 in the Jul 2023 quarter.
The current PE ratio of BF.B is 28% lower than the 10-year historical average.
The P/E ratio is calculated by dividing the latest price of a stock by its trailing twelve months EPS. As of today (May 2, 2024), Brown Forman's share price is $47.49. The company's earnings per share for the trailing twelve months (TTM) ending Jan 2024 is $2.01. Therefore, Brown Forman's price to earnings ratio for today is 23.63. PE RATIO(23.63) = STOCK PRICE($47.49) / TTM EPS($2.01)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.