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BP BP PE ratio, current and historical analysis

As of May 22, 2024, the BP stock has a PE ratio of 11.08. The calculation is based on the latest EPS of $3.3 and the stock price of $36.56 per share. An increase of 55% has been observed in the PE ratio compared to its average of 7.1 of the last four quarters.

BP PE ratio history

How has BP's PE ratio performed in the past

The mean historical PE ratio of BP over the last ten years is 61.87. The current 11.08 P/E ratio is 82% 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.

Average
61.87
Median
16.77
Minimum
4.58
Maximum
934.5

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

What is the average PE ratio of BP for the past years

The current PE ratio of BP is higher than its 3-year average, but it is lower than its 5 and 10-year averages.

3-year avg
8.66
5-year avg
13.05
10-year avg
61.87
15-year avg
53.69

BP PE vs peers

What is BP's PE ratio compared to its peers

BP's PE ratio stands lower than its peer stocks XOM and CVX.

Stock name PE ratio Market cap
BP BP plc 11.08 $103.09B
COP Conocophillips 13.35 $138.23B
XOM Exxon Mobil Corp 14.15 $455.34B
CVX Chevron Corp 14.43 $291.03B

Frequently asked questions

What is BP's PE ratio?

The price to earnings ratio for BP stock as of May 22, 2024, stands at 11.08.

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 8.66.

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 13.05.

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 82% 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 (May 22, 2024), BP's share price is $36.56. The company's earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $3.3. Therefore, BP's PE ratio for today is 11.08. PE RATIO(11.08) = STOCK PRICE($36.56) / TTM EPS($3.3)

All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.