The PE ratio for Brown & Brown stock stands at 27.84 as of Jul 25, 2024. This results from the current EPS of $3.5 and stock price of $97.43. An increase of 9% has been seen in the P/E ratio compared to the average of 25.5 of the last 4 quarters.
Over the last ten years, the average PE ratio of Brown & Brown has been 23.88. The current 27.84 PE ratio is 17% above the historical average. Over the past ten years, BRO's PE ratio was at its highest in the Dec 2021 quarter at 33.79, with a price of $70.28 and an EPS of $2.08. The Mar 2018 quarter recorded the bottom point at 16.85, with a price of $25.44 and an EPS of $1.51.
Maximum annual increase: 30.65% in 2016
Maximum annual decrease: -29.15% in 2022
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 23.16 | -3.26% |
| 2022 | 23.94 | -29.15% |
| 2021 | 33.79 | 21.15% |
| 2020 | 27.89 | 0.32% |
| 2019 | 27.8 | 25.06% |
| 2018 | 22.23 | 23.57% |
| 2017 | 17.99 | -26.21% |
| 2016 | 24.38 | 30.65% |
| 2015 | 18.66 | -18.34% |
| 2014 | 22.85 | 9.17% |
The current PE ratio of BRO is greater than its 3, 5 and 10-year historical averages.
Compared to its peers AJG and CBZ, BRO's PE ratio stands lower, however it is higher than MMC's and AON's.
| Stock name | PE ratio | Market cap |
|---|---|---|
| AON Aon plc | 25.1 | $70.23B |
| MMC Marsh & Mclennan Companies Inc | 26.81 | $107.19B |
| BRO Brown & Brown Inc | 28.33 | $28.29B |
| CBZ CBIZ Inc | 34.13 | $4.29B |
| AJG Arthur J Gallagher & Co | 56.38 | $61.96B |
BRO's price to earnings ratio is 27.84 as of Jul 25, 2024.
The average PE ratio for BRO stock over the past 3 years is 27.03.
The average PE ratio for BRO stock over the past 5 years is 26.67.
In the last ten years, the Dec 2021 quarter recorded the highest quarterly PE ratio at 33.79.
BRO's price to earnings ratio is currently 17% above its 10-year historical average.
The PE ratio is calculated by taking the latest stock price and dividing it by the EPS for the last 12 months. As of today (Jul 25, 2024), Brown & Brown's stock price is $97.43. The earnings per share for the trailing twelve months (TTM) ending Jun 2024 is $3.5. Therefore, Brown & Brown's P/E ratio for today is 27.84. PE RATIO(27.84) = STOCK PRICE($97.43) / TTM EPS($3.5)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.