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British American Tobacco's book value per share for the quarter that ended in Dec. 2025 was £22.05.
During the past 12 months, British American Tobacco's average Book Value Per Share Growth Rate was -2.20% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -13.30% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was -6.20% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 17.00% per year.
Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the book value growth rate using book value per share data.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of British American Tobacco was 276.10% per year. The lowest was -49.80% per year. And the median was 6.00% per year.
During the past 13 years, the highest P/B Ratio of British American Tobacco was 18.94. The lowest was 0.68. And the median was 1.14.
Warning Sign:
British American Tobacco PLC stock PB Ratio (=1.99) is close to 5-year high of 2.21.
British American Tobacco (CHIX:BATSl) Book Value per Share Explanation
Usually a company's book value and Tangible Book per Share may not reflect its true value. The assets may be carried on the balance sheets at the original cost minus depreciation. This may underestimate the true economic values of the assets. It also may over-estimate their true economic value because the assets can become obsolete.
For financial companies such as banks and insurance companies, their assets may be reported in current market value of the assets owned. Book values of financial companies are more accurate indicator of the economic value of the company.
British American Tobacco Book Value per Share Related Terms
British American Tobacco Book Value per Share Historical Data
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The historical data trend for British American Tobacco's Book Value per Share can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
British American Tobacco Book Value per Share Chart
CHIX:BATSL vs PM, MO, TPB: Book Value per Share Comparison
For the Tobacco subindustry, British American Tobacco's PB Ratio, along with its competitors' market caps and PB Ratio data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
British American Tobacco PB Ratio vs Tobacco Products Industry
For the Tobacco Products industry and Consumer Defensive sector, British American Tobacco's PB Ratio distribution charts can be found below:
* The bar in red indicates where British American Tobacco's PB Ratio falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
British American Tobacco (CHIX:BATSL) has a Book Value per Share of £22.05 as of Dec. 2025. Book value per share gives the per-share value of a company's stockholder equity. View historical data on British American Tobacco and its competitors.
Is British American Tobacco's Book Value per Share too high?
British American Tobacco's current Book Value per Share is £22.05. Overall, British American Tobacco has a GF Score™ of 71/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does British American Tobacco's Book Value per Share compare to PM and MO?
British American Tobacco's Book Value per Share of £22.05 can be compared against companies in the Tobacco Products industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Book Value per Share for a Tobacco Products company?
A good Book Value per Share depends on the Tobacco Products industry context. However, Book Value per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Book Value per Share mean?
A high Book Value per Share can signal that a stock is expensive relative to its fundamentals. Book value per share gives the per-share value of a company's stockholder equity. View historical data on British American Tobacco and its competitors. British American Tobacco's current Book Value per Share is £22.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is British American Tobacco stock overvalued right now?
Based on GuruFocus' analysis, British American Tobacco (CHIX:BATSL) is currently considered Significantly Overvalued. The stock's GF Value™ is £27.87, compared to a current price of £43.74 — trading 56.9% above its estimated fair value. The current Book Value per Share is £22.05. British American Tobacco's overall GF Score™ is 71/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Book Value per Share calculated?
Book Value per Share is calculated from a company's financial statements. For British American Tobacco (CHIX:BATSL), the current Book Value per Share is £22.05 as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is British American Tobacco (CHIX:BATSL) Overvalued in 2026?
Based on GuruFocus' analysis, British American Tobacco stock appears to be overvalued.
The current stock price of £43.74 is trading 56.9% above its estimated GF Value™ of £27.87.
GuruFocus considers British American Tobacco to be Significantly Overvalued.
Key valuation signals for CHIX:BATSL:
Book Value per Share: £22.05
GF Value™: £27.87 vs. price of £43.74 (56.9% above fair value)
No single metric tells the full story. See the CHIX:BATSL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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. Its ownership of the Camel, Natural American Spirit, and Newport brands are limited to the US. In next-generation products, the company has the Vuse brand in vaping, Glo in heated tobacco, and Velo in modern oral tobacco. The company also owns a 22.9% stake in ITC limited, the largest Indian cigarette company.
71GF Score
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Book Value per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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