As of Jun 29, 2026, the BP stock has a PE ratio of 29.88. The calculation is based on the latest EPS of $1.25 and the stock price of $37.35 per share. A decrease of 94% has been observed in the PE ratio compared to its average of 487.1 of the last four quarters.
BP PE ratio history
The mean historical PE ratio of BP over the last ten years is 126.23. The current 29.88 P/E ratio is 76% lower than the historical average. Looking back at the last ten years, BP's PE ratio peaked in the Dec 2025 quarter at 1,736.5, with a price of $34.73 and an EPS of $0.02. 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: 3,041.96% in 2024
Maximum annual decrease: -95.63% in 2017
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 2025 | 1,736.5 | 722.44% | $34.73 | $0.02 |
| 2024 | 211.14 | 3,041.96% | $29.56 | $0.14 |
| 2023 | 6.72 | N/A | $35.4 | $5.27 |
| 2022 | N/A | N/A | $34.93 | -$0.79 |
| 2021 | 11.84 | N/A | $26.63 | $2.25 |
| 2020 | N/A | N/A | $20.52 | -$6.03 |
| 2019 | 31.71 | 135.76% | $37.74 | $1.19 |
| 2018 | 13.45 | -67.04% | $37.92 | $2.82 |
| 2017 | 40.81 | -95.63% | $42.03 | $1.03 |
| 2016 | 934.5 | N/A | $37.38 | $0.04 |
| 2015 | N/A | N/A | $31.26 | -$2.12 |
| 2014 | 30.99 | 373.85% | $38.12 | $1.23 |
| 2013 | 6.54 | -45.5% | $48.61 | $7.43 |
| 2012 | 12 | 124.72% | $41.64 | $3.47 |
| 2011 | 5.34 | N/A | $42.74 | $8 |
BP PE ratio by quarter (TTM)
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| Mar 2026 | 37.6 | -97.83% | $47 | $1.25 |
| Dec 2025 | 1,736.5 | 3,074.59% | $34.73 | $0.02 |
| Sep 2025 | 54.7 | -54.31% | $34.46 | $0.63 |
| Jun 2025 | 119.72 | N/A | $29.93 | $0.25 |
| Mar 2025 | N/A | N/A | $33.79 | -$0.42 |
| Dec 2024 | 211.14 | 586.19% | $29.56 | $0.14 |
| Sep 2024 | 30.77 | 125.09% | $31.39 | $1.02 |
| Jun 2024 | 13.67 | 19.7% | $36.1 | $2.64 |
| Mar 2024 | 11.42 | 69.94% | $37.68 | $3.3 |
| Dec 2023 | 6.72 | 46.09% | $35.4 | $5.27 |
| Sep 2023 | 4.6 | -21.23% | $38.72 | $8.42 |
| Jun 2023 | 5.84 | 27.51% | $35.29 | $6.04 |
| Mar 2023 | 4.58 | N/A | $37.94 | $8.29 |
| Dec 2022 | N/A | N/A | $34.93 | -$0.79 |
| Sep 2022 | N/A | N/A | $28.55 | -$3.39 |
BP Price vs fair value
BP average PE ratio chart
What this chart measures
The Historical Valuation Regime chart shows where the stock's current valuation sits relative to its own historical valuation range over the selected lookback period.
This is a history-relative tool, not a market-relative percentile. It does not compare the stock to other companies. Instead, it compares each historical valuation reading to the stock's own past readings.
Percentile logic
The threshold lines are calculated them from the stock's real historical values using percentile interpolation. That is why some colored bands are narrow while others are wide: the band widths reflect how the stock actually traded through time.
Regime map
| Historical percentile | Regime | Chart meaning |
|---|---|---|
| 0-10 | Historically Low | Deep cheap zone |
| >10-25 | Below Average | Cheap relative to history |
| >25-75 | Average | Within the normal historical range |
| >75-90 | Above Average | Expensive relative to history |
| >90-100 | Historically High | Extreme or stretched valuation |
How to read each part
| Chart element | What it tells you |
|---|---|
| Main line | The actual historical valuation values over time for the selected metric. |
| Dashed horizontal lines | The stock's computed P10, P25, Median, P75, and P90 thresholds for the selected period. |
| Colored bands | The historical valuation zones between those thresholds. |
| Metric boxes | Current ratio, historical median, current percentile, and current regime. |
| Timeline strip | A condensed regime history showing how the stock moved between cheap, fair, and expensive states across each observation. |
Important metric definitions
Current Percentile is the percentile rank of the latest valid historical observation within the selected lookback range.
Current Regime is assigned directly from the latest observation's percentile bucket using the fixed 10 / 25 / 75 / 90 cutoffs shown above.
How to use it well
This chart is most useful for answering a narrow question: Is this stock trading high, low, or normal relative to its own history? It works best alongside growth, profitability, and forward-looking business analysis, because a stock can deserve a higher or lower regime if its business quality has changed.
The current PE ratio of BP is lower than its 3, 5 and 10-year averages.
PE comparison
With a price to earnings (P/E) of 29.88, BP ranks higher than the Energy sector and the industry average. In comparison with the Energy sector average of 16.3, BP's price to earnings (P/E) is 83% higher.
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 | 17.66 | $126.95B |
| XOM Exxon Mobil Corp | 22.91 | $563.96B |
| CVX Chevron Corp | 29.25 | $335.52B |
| BP BP plc | 29.88 | $102.83B |
Frequently asked questions
What is BP's PE ratio?
The price to earnings ratio for BP stock as of Jun 29, 2026, stands at 29.88.
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 222.68.
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 161.65.
What is the highest PE ratio for BP?
The highest quarterly PE ratio in the last ten years has been 1,736.5 and it was in the Dec 2025 quarter.
How does the current PE ratio for BP compare to its historical average?
BP's current price to earnings ratio is 76% 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 (Jun 29, 2026), BP's share price is $37.35. The company's earnings per share for the trailing twelve months (TTM) ending Mar 2026 is $1.25. Therefore, BP's PE ratio for today is 29.88. PE RATIO(29.88) = STOCK PRICE($37.35) / TTM EPS($1.25)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.