BTAFF (British American Tobacco) ROE % Adjusted to Book Value: 6.88% (As of Dec. 2025)


BTAFF British American Tobacco PLC BTAFF
67 GF Score
Price $61.43
GF Value $36.04
Valuation Significantly Overvalued
! 6 Warning Signs
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What is British American Tobacco ROE % Adjusted to Book Value?

British American Tobacco BTAFF -0.31% 67 ROE % Adjusted to Book Value is 6.88% as of Dec. 2025. GuruFocus rates BTAFF with a GF Score™ of 67/100 and a GF Value™ of $36.04 (Significantly Overvalued). The stock has 6 warning signs investors should review.

British American Tobacco's ROE % for the quarter that ended in Dec. 2025 was 13.63%. British American Tobacco's PB Ratio for the quarter that ended in Dec. 2025 was 1.98. British American Tobacco's ROE % Adjusted to Book Value for the quarter that ended in Dec. 2025 was 6.88%.


British American Tobacco ROE % Adjusted to Book Value Related Terms


British American Tobacco ROE % Adjusted to Book Value Historical Data

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The historical data trend for British American Tobacco's ROE % Adjusted to Book Value 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 ROE % Adjusted to Book Value Chart

British American Tobacco Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROE % Adjusted to Book Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.98 9.25 -23.44 4.84 8.27

British American Tobacco Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
ROE % Adjusted to Book Value Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -59.99 17.23 -4.41 12.34 6.88

BTAFF vs PM, MO, TPB: ROE % Adjusted to Book Value Comparison

For the Tobacco subindustry, British American Tobacco's ROE % Adjusted to Book Value, along with its competitors' market caps and ROE % Adjusted to Book Value 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 ROE % Adjusted to Book Value vs Tobacco Products Industry

For the Tobacco Products industry and Consumer Defensive sector, British American Tobacco's ROE % Adjusted to Book Value distribution charts can be found below:

* The bar in red indicates where British American Tobacco's ROE % Adjusted to Book Value falls into.


BTAFF
67GF Score
British American Tobacco PLC BTAFF
ROE % Adjusted to Book Value is just one metric. See GF Score™, valuation, warning signs, and more.
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British American Tobacco ROE % Adjusted to Book Value Calculation

British American Tobacco's ROE % Adjusted to Book Value for the fiscal year that ended in Dec. 2025 is calculated as

ROE % Adjusted to Book Value=ROE % / PB Ratio
=16.38% / 1.98
=8.27%

British American Tobacco's ROE % Adjusted to Book Value for the quarter that ended in Dec. 2025 is calculated as

ROE % Adjusted to Book Value=ROE % / PB Ratio
=13.63% / 1.98
=6.88%

* 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.

What does a ROE % Adjusted to Book Value of 6.88% mean?
British American Tobacco (BTAFF) has a ROE % Adjusted to Book Value of 6.88% as of Dec. 2025. Return on equity adjusted to book is the ratio of return on equity to price-book ratio. View historical data on British American Tobacco and its competitors.
Is British American Tobacco's ROE % Adjusted to Book Value too high?
British American Tobacco's current ROE % Adjusted to Book Value is 6.88%. Overall, British American Tobacco has a GF Score™ of 67/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does British American Tobacco's ROE % Adjusted to Book Value compare to PM and MO?
British American Tobacco's ROE % Adjusted to Book Value of 6.88% 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 ROE % Adjusted to Book Value for a Tobacco Products company?
A good ROE % Adjusted to Book Value depends on the Tobacco Products industry context. However, ROE % Adjusted to Book Value 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 ROE % Adjusted to Book Value mean?
A high ROE % Adjusted to Book Value can signal that a stock is expensive relative to its fundamentals. Return on equity adjusted to book is the ratio of return on equity to price-book ratio. View historical data on British American Tobacco and its competitors. British American Tobacco's current ROE % Adjusted to Book Value is 6.88%. 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 (BTAFF) is currently considered Significantly Overvalued. The stock's GF Value™ is $36.04, compared to a current price of $61.43 — trading 70.5% above its estimated fair value. The current ROE % Adjusted to Book Value is 6.88%. British American Tobacco's overall GF Score™ is 67/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % Adjusted to Book Value calculated?
ROE % Adjusted to Book Value is calculated from a company's financial statements. For British American Tobacco (BTAFF), the current ROE % Adjusted to Book Value is 6.88% 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 (BTAFF) Overvalued in 2026?

Based on GuruFocus' analysis, British American Tobacco stock appears to be overvalued. The current stock price of $61.43 is trading 70.5% above its estimated GF Value™ of $36.04. GuruFocus considers British American Tobacco to be Significantly Overvalued.

Key valuation signals for BTAFF:

  • ROE % Adjusted to Book Value: 6.88%
  • GF Value™: $36.04 vs. price of $61.43 (70.5% above fair value)
  • GF Score™: 67/100 with 6 warning signs

No single metric tells the full story. See the BTAFF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


British American Tobacco Business Description

Address Globe House, 4 Temple Place, London, GBR, WC2R 2PG
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.
67GF Score

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ROE % Adjusted to Book Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$61.43
Price
$36.04
GF Value