BP BP PE ratio, current and historical analysis
As of Nov 21, 2024, the BP stock has a PE ratio of 28.94. The calculation is based on the latest EPS of $1.02 and the stock price of $29.52 per share. An increase of 85% has been observed in the PE ratio compared to its average of 15.6 of the last four quarters.
BP PE ratio history
The mean historical PE ratio of BP over the last ten years is 58.57. The current 28.94 P/E ratio is 51% lower than the historical average. Looking back at the last ten years, BP's PE ratio peaked in the Dec 2016 quarter at 934.5, with a price of $37.38 and an EPS of $0.04. The Mar 2023 quarter marked the lowest point at 4.58, with a price of $37.94 and an EPS of $8.29.
BP PE ratio by year
Maximum annual increase: 373.85% in 2014
Maximum annual decrease: -95.63% in 2017
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 6.72 | N/A |
| 2022 | N/A | N/A |
| 2021 | 11.84 | N/A |
| 2020 | N/A | N/A |
| 2019 | 31.71 | 135.76% |
| 2018 | 13.45 | -67.04% |
| 2017 | 40.81 | -95.63% |
| 2016 | 934.5 | N/A |
| 2015 | N/A | N/A |
| 2014 | 30.99 | 373.85% |
BP average PE ratio chart
The current PE ratio of BP is higher than its 3 and 5-year averages, but it is lower than its 10-year average.
BP PE vs peers
BP's PE ratio stands higher than its peer stocks XOM and CVX.
| Stock name | PE ratio | Market cap |
|---|---|---|
| COP Conocophillips | 13.26 | $128.79B |
| XOM Exxon Mobil Corp | 15.18 | $535.89B |
| CVX Chevron Corp | 17.68 | $290.46B |
| BP BP plc | 28.94 | $80.17B |
Frequently asked questions
What is BP's PE ratio?
The price to earnings ratio for BP stock as of Nov 21, 2024, stands at 28.94.
What is the 3-year average PE ratio for BP (BP)?
Over the last 3 years, the average price to earnings ratio for BP stock is 11.18.
What is the 5-year average PE ratio for BP (BP)?
Over the last 5 years, the average price to earnings ratio for BP stock is 13.22.
What is the highest PE ratio for BP?
The highest quarterly PE ratio in the last ten years has been 934.5 and it was in the Dec 2016 quarter.
How does the current PE ratio for BP compare to its historical average?
BP's current price to earnings ratio is 51% below its 10-year historical average.
How is BP's PE ratio calculated (BP PE ratio formula)?
To determine the P/E ratio, divide the latest stock price by the TTM earnings per share (EPS). As of today (Nov 21, 2024), BP's share price is $29.52. The company's earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $1.02. Therefore, BP's PE ratio for today is 28.94. PE RATIO(28.94) = STOCK PRICE($29.52) / TTM EPS($1.02)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.