A Look At Brown & Brown (BRO) Valuation After A 42% One Year Shareholder Return Decline

Brown & Brown (BRO) has seen a 42% decline in its share price over the past year, despite a 32% five-year shareholder return. The company, which reported annual revenue of US$5.76 billion and net income of US$1.04 billion, is considered by Simply Wall St’s model to be undervalued with a fair value of $79.47 per share compared to its current price of $67.55. However, its high P/E ratio of 22x, compared to the industry average of 11.5x, raises a caution flag regarding valuation risk.

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