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BHP Group (BHP Group) Shiller PE Ratio : 21.61 (As of Apr. 26, 2024)


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What is BHP Group Shiller PE Ratio?

As of today (2024-04-26), BHP Group's current share price is $64.18. BHP Group's E10 for the fiscal year that ended in Jun21 was $2.97. BHP Group's Shiller PE Ratio for today is 21.61.

The historical rank and industry rank for BHP Group's Shiller PE Ratio or its related term are showing as below:

BBL's Shiller PE Ratio is not ranked *
in the Metals & Mining industry.
Industry Median: 22.28
* Ranked among companies with meaningful Shiller PE Ratio only.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

BHP Group's adjusted earnings per share data of for the fiscal year that ended in Jun21 was $4.460. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $2.97 for the trailing ten years ended in Jun21.

Shiller PE for Stocks: The True Measure of Stock Valuation


BHP Group Shiller PE Ratio Historical Data

The historical data trend for BHP Group's Shiller PE Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

BHP Group Shiller PE Ratio Chart

BHP Group Annual Data
Trend Jun12 Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.45 12.26 13.55 11.71 20.03

BHP Group Semi-Annual Data
Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21
Shiller PE Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - 11.71 - 20.03 -

Competitive Comparison of BHP Group's Shiller PE Ratio

For the Other Industrial Metals & Mining subindustry, BHP Group's Shiller PE Ratio, along with its competitors' market caps and Shiller PE Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


BHP Group's Shiller PE Ratio Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, BHP Group's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where BHP Group's Shiller PE Ratio falls into.



BHP Group Shiller PE Ratio Calculation

For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller PE Ratio is also called PE10.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

BHP Group's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=64.18/2.97
=21.61

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

BHP Group's E10 for the fiscal year that ended in Jun21 is calculated as:

For example, BHP Group's adjusted earnings per share data for the fiscal year that ended in Jun21 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Jun21 (Change)*Current CPI (Jun21)
=4.46/111.4000*111.4000
=4.460

Current CPI (Jun21) = 111.4000.

BHP Group Annual Data

Earnings per Share (Diluted) CPI Adj_EPS
201206 5.788 95.600 6.745
201306 4.204 98.000 4.779
201406 5.182 99.800 5.784
201506 0.716 100.100 0.797
201606 -2.400 101.000 -2.647
201706 2.208 103.500 2.377
201806 1.388 105.900 1.460
201906 3.198 107.900 3.302
202006 3.140 108.800 3.215
202106 4.460 111.400 4.460

Add all the adjusted EPS together and divide 10 will get our E10.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


BHP Group  (NYSE:BBL) Shiller PE Ratio Explanation

Compared with the regular PE Ratio, which works poorly for cyclical businesses, the Shiller PE Ratio smoothed out the fluctuations of profit margins during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Shiller PE Ratio should give similar results to regular PE Ratio.

Compared with the PS Ratio, the Shiller PE Ratio makes the comparison between different industries more meaningful.


Be Aware

Shiller PE Ratio assumes that over the long term, businesses and profitability revert to their means. If a company's business model does not work in the future compared with the past, Shiller PE Ratio and PS Ratio will give false valuations.


BHP Group Shiller PE Ratio Related Terms

Thank you for viewing the detailed overview of BHP Group's Shiller PE Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


BHP Group (BHP Group) Business Description

Traded in Other Exchanges
N/A
Address
160 Victoria Street, Nova South, London, GBR, SW1E 5LB
BHP is a leading global diversified miner supplying iron ore, copper, oil, gas, and metallurgical. The merger of BHP Limited (now BHP Ltd.) and Billiton PLC (now BHP PLC) created the present-day BHP. Shareholders in each company have equivalent economic and voting rights in BHP as a whole and in 2022 voted to reunify the dual listed structure. Major assets include Pilbara iron ore, Queensland coking coal, Escondida copper and conventional petroleum assets, principally in Australia and the Gulf of Mexico. Onshore U.S. oil and gas assets were sold in 2018 and the remaining Petroleum assets are likely to be spun off and merged with Woodside.

BHP Group (BHP Group) Headlines

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