P/E ratio for Brown & Brown (BRO)

P/E ratio history for Brown & Brown from 2001 to 2023

PE ratio at the end of each year

P/E ratio for similar companies or competitors

Company	P/E ratio	P/E ratio differencediff.	Country
CBIZ CBZ	33.5	-13.64%	🇺🇸 USA
Aon AON	27.0	-30.33%	🇬🇧 UK
Arthur J. Gallagher & Co. AJG	53.5	37.86%	🇺🇸 USA
Marsh & McLennan Companies MMC	30.2	-22.02%	🇺🇸 USA

How to read a P/E ratio?

The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.

Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.