BKR Baker Hughes PE ratio, current and historical analysis
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.
BKR PE ratio history
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.
Baker Hughes PE ratio by year
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 average PE ratio chart
BKR's current PE ratio is under its 3 and 5-year averages.
BKR PE vs peers
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 |
Frequently asked questions
What is Baker Hughes's PE ratio?
The price to earnings ratio for BKR stock is 16.55 as of Sep 11, 2024.
What is the 3-year average PE ratio for Baker Hughes (BKR)?
The 3-year average PE ratio for BKR stock is 34.19.
What is the 5-year average PE ratio for Baker Hughes (BKR)?
The 5-year average PE ratio for BKR stock is 58.96.
What is the highest PE ratio for BKR?
Over the last six years, the quarterly PE ratio reached its highest level at 180.08 in the Mar 2021 quarter.
How does the current PE ratio for BKR compare to its historical average?
The current PE ratio of BKR is 75% lower than the 6-year historical average.
How is BKR's PE ratio calculated (Baker Hughes PE ratio formula)?
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.