BHP
BHP Group Limited
PE ratio, current and historical analysis
- Stocks
- Basic Materials
- NYSE: BHP
- PE Ratio
As of Jul 2, 2026, the BHP Group Limited stock's PE ratio is 20.63. This results from the current EPS of $4.04 and stock price of $83.33.
BHP PE ratio history
The PE ratio of BHP Group Limited has averaged 16.25 over the last ten years. The current P/E ratio of 20.63 is 27% higher than the historical average.
BHP Group Limited PE ratio by year
Maximum annual increase: 329.64% in 2015
Maximum annual decrease: -71.76% in 2022
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 2025 | 13.51 | -26.17% | $48.09 | $3.56 |
| 2024 | 18.3 | 56.41% | $57.09 | $3.12 |
| 2023 | 11.7 | 154.35% | $59.67 | $5.1 |
| 2022 | 4.6 | -71.76% | $56.18 | $12.21 |
| 2021 | 16.29 | 3.17% | $72.83 | $4.47 |
| 2020 | 15.79 | -12.76% | $49.73 | $3.15 |
| 2019 | 18.1 | -49.69% | $58.11 | $3.21 |
| 2018 | 35.98 | 123.48% | $50.01 | $1.39 |
| 2017 | 16.1 | N/A | $35.59 | $2.21 |
| 2016 | N/A | N/A | $28.56 | -$2.4 |
| 2015 | 56.54 | 329.64% | $40.71 | $0.72 |
| 2014 | 13.16 | -3.66% | $68.45 | $5.2 |
| 2013 | 13.66 | 21.53% | $57.66 | $4.22 |
| 2012 | 11.24 | 1.9% | $65.3 | $5.81 |
| 2011 | 11.03 | -18.66% | $94.63 | $8.58 |
BHP Group Limited PE ratio by quarter (TTM)
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| Dec 2025 | 14.94 | 10.58% | $60.37 | $4.04 |
| Jun 2025 | 13.51 | 24.17% | $48.09 | $3.56 |
| Dec 2024 | 10.88 | -40.55% | $48.83 | $4.49 |
| Jun 2024 | 18.3 | -21.76% | $57.09 | $3.12 |
| Dec 2023 | 23.39 | 99.91% | $68.31 | $2.92 |
| Jun 2023 | 11.7 | 107.82% | $59.67 | $5.1 |
| Dec 2022 | 5.63 | 22.39% | $62.05 | $11.03 |
| Jun 2022 | 4.6 | -49.17% | $56.18 | $12.21 |
| Dec 2021 | 9.05 | -44.44% | $60.35 | $6.67 |
| Jun 2021 | 16.29 | -31.44% | $72.83 | $4.47 |
| Dec 2020 | 23.76 | 50.47% | $65.34 | $2.75 |
| Jun 2020 | 15.79 | 7.05% | $49.73 | $3.15 |
| Dec 2019 | 14.75 | -18.51% | $54.71 | $3.71 |
| Jun 2019 | 18.1 | -23.17% | $58.11 | $3.21 |
| Dec 2018 | 23.56 | -34.52% | $48.29 | $2.05 |
BHP Price vs fair value
BHP average PE ratio chart
What this chart measures
The Historical Valuation Regime chart shows where the stock's current valuation sits relative to its own historical valuation range over the selected lookback period.
This is a history-relative tool, not a market-relative percentile. It does not compare the stock to other companies. Instead, it compares each historical valuation reading to the stock's own past readings.
Percentile logic
The threshold lines are calculated them from the stock's real historical values using percentile interpolation. That is why some colored bands are narrow while others are wide: the band widths reflect how the stock actually traded through time.
Regime map
| Historical percentile | Regime | Chart meaning |
|---|---|---|
| 0-10 | Historically Low | Deep cheap zone |
| >10-25 | Below Average | Cheap relative to history |
| >25-75 | Average | Within the normal historical range |
| >75-90 | Above Average | Expensive relative to history |
| >90-100 | Historically High | Extreme or stretched valuation |
How to read each part
| Chart element | What it tells you |
|---|---|
| Main line | The actual historical valuation values over time for the selected metric. |
| Dashed horizontal lines | The stock's computed P10, P25, Median, P75, and P90 thresholds for the selected period. |
| Colored bands | The historical valuation zones between those thresholds. |
| Metric boxes | Current ratio, historical median, current percentile, and current regime. |
| Timeline strip | A condensed regime history showing how the stock moved between cheap, fair, and expensive states across each observation. |
Important metric definitions
Current Percentile is the percentile rank of the latest valid historical observation within the selected lookback range.
Current Regime is assigned directly from the latest observation's percentile bucket using the fixed 10 / 25 / 75 / 90 cutoffs shown above.
How to use it well
This chart is most useful for answering a narrow question: Is this stock trading high, low, or normal relative to its own history? It works best alongside growth, profitability, and forward-looking business analysis, because a stock can deserve a higher or lower regime if its business quality has changed.
Currently, BHP's PE ratio is higher than its 3, 5 and 10-year historical averages.
PE comparison
With a P/E of 20.63, BHP stands above the industry average but below the Basic Materials sector and its peers average. But in comparison with its Basic Materials sector average of 21.68, BHP Group Limited's P/E is only 4.8% lower.
BHP PE vs peers
BHP's PE ratio stands lower than its peer stocks SCCO and FCX, but it is higher than NEM's and AA's. BHP Group Limited is presently trading at a lower PE ratio (20.63) than its peer group average of 22.65.
| Stock name | PE ratio | Market cap |
|---|---|---|
| AA Alcoa Corp | 12.39 | $12.85B |
| NEM NEWMONT Corp | 12.54 | $103.6B |
| BHP BHP Group Limited | 20.63 | $211.49B |
| VALE Vale S.A. | 27.25 | $63.99B |
| SCCO Southern Copper Corporation | 28.62 | $142.09B |
| FCX Freeport-Mcmoran Inc | 32.43 | $87.65B |
Frequently asked questions
What is BHP Group Limited's PE ratio?
As of Jul 2, 2026, BHP stock has a price to earnings ratio of 20.63.
What is the 3-year average PE ratio for BHP Group Limited (BHP)?
The 3-year average price to earnings ratio for BHP stock is 16.2.
What is the 5-year average PE ratio for BHP Group Limited (BHP)?
The 5-year average price to earnings ratio for BHP stock is 12.44.
How does the current PE ratio for BHP compare to its historical average?
BHP's price to earnings ratio is currently 27% above its 10-year historical average.
How is BHP's PE ratio calculated (BHP Group Limited PE ratio formula)?
To determine the P/E ratio, divide the latest stock price by the TTM earnings per share (EPS). As of today (Jul 2, 2026), BHP Group Limited's stock price is $83.33. The earnings per share for the trailing twelve months (TTM) ending Dec 2025 is $4.04. Therefore, BHP Group Limited's PE ratio for today is 20.63. PE RATIO(20.63) = STOCK PRICE($83.33) / TTM EPS($4.04)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.