The current P/E ratio for Baker Hughes stock as of Sep 11, 2024 is 16.55. This is calculated based on the TTM EPS of $1.99 and the stock price of $32.93 per share. The PE ratio has decreased by 12% from its last 4 quarters average of 18.7.
The average historical PE ratio of Baker Hughes for the last six years is 66.2. The current price-to-earnings ratio of 16.55 is 75% less than the historical average. Analyzing the last six years, BKR's PE ratio reached its highest point in the Mar 2021 quarter at 180.08, when the price was $21.61 and the EPS was $0.12. The lowest point was recorded in the Jun 2024 quarter, when it reached 17.67 with a price of $35.17 and an EPS of $1.99.
Maximum annual increase: 138.4% in 2019
Year | PE ratio | Change |
---|---|---|
2023 | 17.71 | N/A |
2022 | N/A | N/A |
2021 | N/A | N/A |
2020 | N/A | N/A |
2019 | 111.43 | 138.4% |
2018 | 46.74 | N/A |
2017 | N/A | N/A |
2016 | N/A | N/A |
2015 | N/A | N/A |
2014 | N/A | N/A |
BKR's current PE ratio is under its 3 and 5-year averages.
When compared to its peer stock PUMP, BKR's PE ratio is lower.
Stock name | PE ratio | Market cap |
---|---|---|
BKR Baker Hughes Co | 16.55 | $32.71B |
PUMP ProPetro Holding Corp | 22.06 | $735.38M |
The price to earnings ratio for BKR stock is 16.55 as of Sep 11, 2024.
The 3-year average PE ratio for BKR stock is 34.19.
The 5-year average PE ratio for BKR stock is 58.96.
Over the last six years, the quarterly PE ratio reached its highest level at 180.08 in the Mar 2021 quarter.
The current PE ratio of BKR is 75% lower than the 6-year historical average.
To determine the P/E ratio, divide the latest stock price by the TTM earnings per share (EPS). As of today (Sep 11, 2024), Baker Hughes's share price is $32.93. The company's earnings per share for the trailing twelve months (TTM) ending Jun 2024 is $1.99. Therefore, Baker Hughes's price to earnings ratio for today is 16.55. PE RATIO(16.55) = STOCK PRICE($32.93) / TTM EPS($1.99)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from and Sharadar.