Question 1

What is Brown-Forman's P/E ratio?

Accepted Answer

Brown-Forman (BF-B) P/E ratio is 16.8× as of June 5, 2026. The ratio is calculated by dividing market capitalisation by trailing twelve-month earnings (net income), using USD-normalised financials (IAS 21 exchange-rate translation for non-USD reporters).

Question 2

How is the P/E ratio calculated?

Accepted Answer

P/E = Share Price ÷ Trailing Twelve-Month (TTM) Diluted EPS, or equivalently Market Capitalisation ÷ TTM Net Income. All inputs are sourced from audited GAAP/IFRS filings and translated to USD using period-end exchange rates so the multiple is comparable across companies and currencies.

Question 3

What is the P/E ratio?

Accepted Answer

The price-to-earnings (P/E) ratio, also called the earnings multiple, measures how much investors pay per dollar of a company's trailing twelve-month (TTM) earnings. It is calculated as share price ÷ TTM diluted EPS (equivalent to market capitalisation ÷ TTM net income). A higher P/E implies the market is pricing in stronger future earnings growth or lower risk; a lower P/E can signal slower expected growth, higher risk, or potential undervaluation.

Question 4

What is a good P/E ratio for Brown-Forman?

Accepted Answer

There is no universal "good" P/E. As a rule of thumb, the S&P 500 has historically averaged a P/E in the mid-to-high teens; mature, slow-growth businesses commonly trade in the 10–18× range, while high-growth or asset-light companies often trade at 25–50×+. What matters is the comparison to sector peers and to the company's own historical range. For Brown-Forman specifically, the relevant sector benchmark is the current sector median of 22.9×.

Question 5

Is Brown-Forman's P/E ratio high or low?

Accepted Answer

Brown-Forman's P/E ratio of 16.8× is below its own 5-year average of 29.9× and below the sector median of 22.9×. That places the current reading at the 24th percentile of its 10-year history. A higher multiple usually reflects stronger expected growth, lower perceived risk, or higher returns on capital; a lower multiple reflects the opposite.

Question 6

What is Brown-Forman's historical P/E ratio range?

Accepted Answer

In the available daily series, Brown-Forman (BF-B) P/E ratio has ranged from a low of 10.8× in 2009 to a high of 46.9× in 2021. The 5-year average is 29.9× and the 5-year median is 30.8×.

Question 7

What was Brown-Forman's P/E ratio in 2026?

Accepted Answer

Brown-Forman (BF-B) P/E ratio at the end of 2026 was 16.5×. Annual values reflect the multiple on the last trading day of each calendar year, using the trailing twelve-month earnings figure available at that date.

Question 8

Why does Brown-Forman's P/E ratio change over time?

Accepted Answer

Valuation multiples move with two inputs: the numerator (market capitalisation, which tracks the share price) and the denominator (earnings). Share-price changes — driven by interest rates, earnings expectations, risk appetite, and broader market sentiment — typically dominate short-term moves, while changes in the underlying fundamental drive the longer-term trend. As a result, the ratio can rise during stock-price rallies even if the business itself has not become more valuable, and fall during sell-offs even when fundamentals are improving.


2026	$11.82B	$715.00M	16.5×	-2.4×	Apr 30, 2026
2025	$16.47B	$869.00M	19.0×	-3.3×	Apr 30, 2025
2024	$22.76B	$1.02B	22.2×	-17.7×	Apr 30, 2024
2023	$31.29B	$783.00M	40.0×	+1.4×	Apr 30, 2023
2022	$32.30B	$838.00M	38.5×	-1.9×	Apr 30, 2022
2021	$36.51B	$903.00M	40.4×	+4.5×	Apr 30, 2021
2020	$29.74B	$827.00M	36.0×	+5.5×	Apr 30, 2020
2019	$25.44B	$835.00M	30.5×	-7.1×	Apr 30, 2019
2018	$26.95B	$717.00M	37.6×	+10.3×	Apr 30, 2018
2017	$18.18B	$667.00M	27.3×	+9.3×	Apr 30, 2017
2016	$19.20B	$1.07B	18.0×	-9.7×	Apr 30, 2016
2015	$18.93B	$684.00M	27.7×	-1.4×	Apr 30, 2015
2014	$19.14B	$658.00M	29.1×	+3.6×	Apr 30, 2014
2013	$15.06B	$591.10M	25.5×	+1.6×	Apr 30, 2013
2012	$12.27B	$513.10M	23.9×	+5.7×	Apr 30, 2012
2011	$10.41B	$572.00M	18.2×	-0.8×	Apr 30, 2011
2010	$8.52B	$449.10M	19.0×	+7.6×	Apr 30, 2010
2009	$6.96B	$611.20M	11.4×	-2.5×	Apr 30, 2009
2008	$8.19B	$592.00M	13.8×	-6.4×	Apr 30, 2008
2007	$7.88B	$388.90M	20.3×	-7.7×	Apr 30, 2007
2006	$8.97B	$320.20M	28.0×	+6.0×	Apr 30, 2006
2005	$6.77B	$308.00M	22.0×	+0.0×	Apr 30, 2005
2004	$5.66B	$257.90M	21.9×	+2.9×	Apr 30, 2004
2003	$4.66B	$245.10M	19.0×	-4.5×	Apr 30, 2003
2002	$5.36B	$228.00M	23.5×	—	Apr 30, 2002


Tootsie Roll Industries (TR)	32.2×
Church & Dwight Co. (CHD)	30.1×
Mondelez International (MDLZ)	28.5×
Hormel Foods (HRL)	25.3×
Coca-Cola (KO)	24.1×
PepsiCo (PEP)	23.5×
Philip Morris International (PM)	23.3×
Sysco (SYY)	22.6×
Lamb Weston (LW)	21.9×
Marzetti (MZTI)	21.5×
Procter & Gamble (PG)	20.9×
Kenvue (KVUE)	20.4×
Keurig Dr Pepper (KDP)	19.5×
Andersons (ANDE)	19.0×
Target (TGT)	17.0×
Clorox (CLX)	16.6×
Constellation Brands (STZ)	16.2×
Dollar General (DG)	16.1×
Kimberly-Clark (KMB)	15.1×
Campbell Soup (CPB)	14.9×
Dollar Tree (DLTR)	14.5×
Altria Group (MO)	13.7×
McCormick & Company (MKC)	11.6×
General Mills (GIS)	11.1×
Coca-Cola Europacific Partners (CCEP)	10.9×

P/E Ratio for Brown-Forman (BF-B)

P/E Ratio daily chart for Brown-Forman (BF-B)

Historical P/E Ratio for Brown-Forman (BF-B) from 2002 to 2026

About P/E Ratio at Brown-Forman (BF-B)

Brown-Forman P/E Ratio by Year

Brown-Forman P/E Ratio 2026: 16.5×

Brown-Forman P/E Ratio 2025: 19.0×

Brown-Forman P/E Ratio 2024: 22.2×

Brown-Forman P/E Ratio 2023: 40.0×

Brown-Forman P/E Ratio 2022: 38.5×

Sector peers by P/E Ratio — chart

Sector peers by P/E Ratio — table

Frequently asked questions

Brown-Forman (BF-B) Key Financials

P/E Ratio daily chart for Brown-Forman (BF-B)

Historical P/E Ratio for Brown-Forman (BF-B) from 2002 to 2026

About P/E Ratio at Brown-Forman (BF-B)

Brown-Forman P/E Ratio by Year

Brown-Forman P/E Ratio 2026: 16.5×

Brown-Forman P/E Ratio 2025: 19.0×

Brown-Forman P/E Ratio 2024: 22.2×

Brown-Forman P/E Ratio 2023: 40.0×

Brown-Forman P/E Ratio 2022: 38.5×

Sector peers by P/E Ratio — chart

Sector peers by P/E Ratio — table

Frequently asked questions

+What is Brown-Forman's P/E ratio?

+How is the P/E ratio calculated?

+What is the P/E ratio?

+What is a good P/E ratio for Brown-Forman?

+Is Brown-Forman's P/E ratio high or low?

+What is Brown-Forman's historical P/E ratio range?

+What was Brown-Forman's P/E ratio in 2026?

+Why does Brown-Forman's P/E ratio change over time?

Brown-Forman (BF-B) Key Financials