The current P/E ratio for Baker Hughes stock as of Jul 25, 2024 is 19.55. This is calculated based on the TTM EPS of $1.82 and the stock price of $35.58 per share. The PE ratio has decreased by 8% from its last 4 quarters average of 21.2.
The average historical PE ratio of Baker Hughes for the last six years is 69.67. The current price-to-earnings ratio of 19.55 is 72% 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 Dec 2023 quarter, when it reached 17.71 with a price of $34.18 and an EPS of $1.93.
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 higher.
| Stock name | PE ratio | Market cap |
|---|---|---|
| PUMP ProPetro Holding Corp | 12.78 | $944.09M |
| BKR Baker Hughes Co | 20.69 | $37.57B |
The price to earnings ratio for BKR stock is 19.55 as of Jul 25, 2024.
The 3-year average PE ratio for BKR stock is 36.95.
The 5-year average PE ratio for BKR stock is 63.09.
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 72% 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 (Jul 25, 2024), Baker Hughes's share price is $35.58. The company's earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $1.82. Therefore, Baker Hughes's price to earnings ratio for today is 19.55. PE RATIO(19.55) = STOCK PRICE($35.58) / TTM EPS($1.82)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.