British American Tobacco p.l.c. American Depositary Shares, American Depositary Shares, each representing one Ordinary Share (BTI) Valuation

Historical valuation analysis based on 1280 data points (2021-09-13 to 2026-10-16)

The third-largest tobacco company by volume, British American Tobacco sold 465 billion cigarettes in 2025. Its leading brands are Dunhill, Kent, Pall Mall, Lucky Strike, and Rothmans in cigarettes....

British American Tobacco p.l.c. American Depositary Shares, American Depositary Shares, each representing one Ordinary Share trades near its historical valuation range, with most metrics close to their median levels.

Historical Valuation Metrics

MetricCurrentMedian%ileAssessment
Current Price: $59.79
Market Cap: $128.6B
Sector: Consumer Defensive

British American Tobacco p.l.c. American Depositary Shares, American Depositary Shares, each representing one Ordinary Share (BTI) Valuation & P/E History

British American Tobacco p.l.c. American Depositary Shares, American Depositary Shares, each representing one Ordinary Share (BTI) is a US-listed stock operating in the Consumer Defensive sector currently trading at $59.79 with a market capitalization of $128.6 billion. This page provides historical valuation analysis for BTI based on 1280 data points covering 2021-09-13 to 2026-10-16...

BTI Valuation Metrics & Historical Range

The valuation table above shows British American Tobacco p.l.c. American Depositary Shares, American Depositary Shares, each representing one Ordinary Share's current and historical valuation multiples, including P/E ratio, P/S ratio, EV/EBITDA, FCF yield, and dividend yield. Each metric is compared to its own historical range to determine whether BTI is currently trading above or below its typical valuation levels.

  • P/E ratio: Price-to-earnings measures how much investors pay per dollar of earnings. A P/E above the historical median suggests BTI is expensively valued; below the median suggests it is cheap.
  • P/S ratio: Price-to-sales is useful for companies with volatile or negative earnings. Lower P/S relative to history may indicate value.
  • EV/EBITDA: Enterprise value to EBITDA adjusts for debt and cash, providing a capital-structure-neutral valuation measure for British American Tobacco p.l.c. American Depositary Shares, American Depositary Shares, each representing one Ordinary Share.
  • FCF yield: Free cash flow yield shows the cash return relative to market price. Higher yields may indicate undervaluation.

Is BTI Overvalued or Undervalued?

British American Tobacco p.l.c. American Depositary Shares, American Depositary Shares, each representing one Ordinary Share trades near its historical valuation range, with most metrics close to their median levels. The overall valuation percentile of 50 combines P/E, P/S, and EV/EBITDA percentiles into a single measure of how expensive BTI is relative to its own history. A percentile below 25 suggests the stock may be undervalued, while a percentile above 75 suggests it may be overvalued.

However, valuation is only one factor in investment decisions. A stock can remain "overvalued" for years if growth accelerates, or "undervalued" if the business deteriorates. Always combine valuation analysis with financial statement analysis and the full BTI analysis page for a complete picture.

Valuation data is computed from historical price and fundamental data via Polygon.io and Finnhub.BTI trades on NYSE/NASDAQ. This page is for informational purposes only and is not financial advice.