British American Tobacco p.l.c. (ADR) drawdown: 24.6% below the all-time high
British American Tobacco p.l.c. (ADR) is 24.6% below its all-time high, set Jun 7, 2017 (as of market close, Sep 11, 2026). The chart shows every day as a percentage of the highest level reached up to that point: 100% means a fresh record, everything below is a drawdown.
- Below all-time high
- −24.6%
- 75.4% of ATH
- All-time high
- $73.28
- Jun 7, 2017
- Time below the high
- 9.3 yrs
- since Jun 7, 2017
- Worst-ever drawdown
- −66.1%
- Mar 13, 2000
- Longest underwater
- 9.3 yrs
- between all-time highs
- Today's level first reached
- Apr 11, 2013
- 13.4 yrs ago
- Last time this deep
- May 28, 2010
- in a previous episode
% of all-time high since 1980#
The classic underwater chart (drawdown curve), drawn as % of the all-time high — 100% is a fresh record, everything below it is time spent underwater. Basis and range are in the URL, so a particular view is a link.
The deepest drawdowns on record#
Every decline of 15% or more from an all-time high (price basis), deepest first.
| Peak | Trough | Depth | Peak → trough | Recovered by | Underwater |
|---|---|---|---|---|---|
| Jul 20, 1998 | Mar 13, 2000 | −66.1% | 1.6 yrs | May 31, 2002 | 3.9 yrs |
| Jun 7, 2017 | Mar 23, 2020 | −62.3% | 2.8 yrs | not yet | 9.3 yrs+ |
| Jan 10, 2008 | Mar 27, 2009 | −45.7% | 15 mo | Feb 28, 2011 | 3.1 yrs |
| Oct 5, 1987 | Jan 20, 1988 | −39.5% | 4 mo | Jul 11, 1989 | 1.8 yrs |
| Jul 28, 1989 | Sep 26, 1990 | −35.2% | 14 mo | Jun 1, 1992 | 2.8 yrs |
| Dec 29, 1993 | Jun 24, 1994 | −33.1% | 6 mo | Aug 7, 1995 | 1.6 yrs |
| Apr 12, 1984 | May 31, 1984 | −28.3% | 49 days | Nov 28, 1984 | 8 mo |
| Dec 29, 1995 | Aug 23, 1996 | −27.9% | 8 mo | May 16, 1997 | 17 mo |
Price basis (no dividends) — the convention crash histories use. With dividends reinvested, recoveries arrive years earlier; switch the basis on the chart above to see it.
Drawdown vs what came next#
One dot per month since 1980: how far British American Tobacco p.l.c. (ADR) stood below its all-time high, and the total return over the following 1, 5 and 10 years.
Read this with survivorship bias in mind: a single asset's history is one surviving sample, so past recoveries here say little about the odds ahead. Monthly windows also overlap heavily (they are not independent samples). Not investment advice.
FAQ#
- How far is British American Tobacco p.l.c. (ADR) from its all-time high?
- British American Tobacco p.l.c. (ADR) is currently 24.6% below its all-time high, set Jun 7, 2017 (as of market close, Sep 11, 2026). Prices only, the convention headlines use; with dividends reinvested the gap is usually smaller.
- What was the biggest British American Tobacco p.l.c. (ADR) drawdown ever?
- The deepest decline on record in our data (since 1980) took British American Tobacco p.l.c. (ADR) 66.1% below its prior high, bottoming Mar 13, 2000. The table on this page lists every major episode with its peak, trough and recovery date.
Methodology & related#
Daily data since -1 from BTI; no free deep history exists for British American Tobacco p.l.c. (ADR) — for a 150-year drawdown record see the S&P 500 drawdown page. The price basis excludes dividends; the total-return basis reinvests them; the real basis additionally deflates by CPI. See also returns by year. Past performance does not predict future returns; not investment advice.