BP (LTS:0HKP) Cyclically Adjusted Price-to-FCF: 10.16 (As of Aug. 29, 2026) — 71% Below Median

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LTS:0HKP BP PLC LTS:0HKP
71 GF Score
Price $41.87
GF Value $41.67
Valuation Fairly Valued
! 4 Warning Signs
View Full Analysis

What is BP Cyclically Adjusted Price-to-FCF?

BP LTS:0HKP -0.08% 71 Cyclically Adjusted Price-to-FCF is 10.16 as of Aug. 29, 2026, which is 71% below its 10-year median of 34.88. GuruFocus rates LTS:0HKP with a GF Score™ of 71/100 and a GF Value™ of $41.67 (Fairly Valued). The stock has 4 warning signs investors should review. Among 409 Oil & Gas companies, BP ranks better than 69.44% on this metric.

As of today (2026-08-29), BP's current share price is $41.8686. BP's Cyclically Adjusted FCF per Share for the quarter that ended in Jun. 2026 was $4.12. BP's Cyclically Adjusted Price-to-FCF for today is 10.16.

The historical rank and industry rank for BP's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

LTS:0HKP' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 8.09   Med: 34.88   Max: 154.65
Current: 9.92

During the past years, BP's highest Cyclically Adjusted Price-to-FCF was 154.65. The lowest was 8.09. And the median was 34.88.

LTS:0HKP's Cyclically Adjusted Price-to-FCF is ranked better than
69.44% of 409 companies
in the Oil & Gas industry
Industry Median: 17.33 vs LTS:0HKP: 9.92

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted free cash flow per share of a company over the past 10 years.

BP's adjusted free cash flow per share data for the three months ended in Jun. 2026 was $2.976. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is $4.12 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


BP  (LTS:0HKP) Cyclically Adjusted Price-to-FCF Explanation

Compared with the regular Price-to-Free-Cash-Flow, which works poorly for cyclical businesses, the Cyclically Adjusted Price-to-FCF smoothed out the fluctuations of free cash flow during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted Price-to-FCF should give similar results to regular Price-to-Free-Cash-Flow.


BP Cyclically Adjusted Price-to-FCF Related Terms


BP Cyclically Adjusted Price-to-FCF Historical Data

* Premium members only.

The historical data trend for BP's Cyclically Adjusted Price-to-FCF 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.

BP Cyclically Adjusted Price-to-FCF Chart

BP Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 30.41 18.35 12.73 9.98 9.42

BP Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Cyclically Adjusted Price-to-FCF 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 8.69 9.68 9.42 12.79 9.01

LTS:0HKP vs XOM, CVX: Cyclically Adjusted Price-to-FCF Comparison

For the Oil & Gas Integrated subindustry, BP's Cyclically Adjusted Price-to-FCF, along with its competitors' market caps and Cyclically Adjusted Price-to-FCF 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.


BP Cyclically Adjusted Price-to-FCF vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, BP's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where BP's Cyclically Adjusted Price-to-FCF falls into.


LTS:0HKP
71GF Score
BP PLC LTS:0HKP
Cyclically Adjusted Price-to-FCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

BP Cyclically Adjusted Price-to-FCF Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted Price-to-FCF takes the Free Cash Flow per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/FCF calculation. Because it considers this 10-year average, it's often referred to as the CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF.

BP's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=41.8686/4.12
=10.16

* 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.

BP's Cyclically Adjusted FCF per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, BP's adjusted Free Cash Flow per Share data for the three months ended in Jun. 2026 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=2.976/142.3000*142.3000
=2.976

Current CPI (Jun. 2026) = 142.3000.

BP Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201609 -0.276 101.500 -0.387
201612 -0.700 102.200 -0.975
201703 -0.523 102.700 -0.725
201706 0.215 103.500 0.296
201709 0.570 104.300 0.778
201712 0.446 105.000 0.604
201803 0.018 105.100 0.024
201806 0.845 105.900 1.135
201809 0.721 106.600 0.962
201812 0.258 107.100 0.343
201903 0.474 107.000 0.630
201906 0.876 107.900 1.155
201909 0.619 108.400 0.813
201912 1.081 108.500 1.418
202003 -0.844 108.600 -1.106
202006 0.213 108.800 0.279
202009 0.778 109.200 1.014
202012 -0.194 109.400 -0.252
202103 0.909 109.700 1.179
202106 0.877 111.400 1.120
202109 0.986 112.400 1.248
202112 1.005 114.700 1.247
202203 1.724 116.500 2.106
202206 2.507 120.500 2.961
202209 1.647 122.300 1.916
202212 3.261 125.300 3.703
202303 1.478 126.800 1.659
202306 0.952 129.400 1.047
202309 1.803 130.100 1.972
202312 1.782 130.500 1.943
202403 0.452 131.600 0.489
202406 1.677 133.000 1.794
202409 0.911 133.500 0.971
202412 1.335 135.100 1.406
202503 -0.193 136.100 -0.202
202506 1.149 138.400 1.181
202509 1.760 138.900 1.803
202512 1.612 139.900 1.640
202603 -0.146 140.800 -0.148
202606 2.976 142.300 2.976

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.

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.

What does a Cyclically Adjusted Price-to-FCF of 10.16 mean?
BP (LTS:0HKP) has a Cyclically Adjusted Price-to-FCF of 10.16 as of Aug. 29, 2026. Cyclically Adjusted Price-to-FCF Ratio is the ratio of share price to a company's inflation-adjusted FCF per share over a 10-year period. View historical data on BP and its competitors. This is 71% below median its historical median of 34.88. Over the past decade, BP's Cyclically Adjusted Price-to-FCF has ranged from 8.09 to 154.65. According to the industry distribution chart, BP ranks #125 out of 409 companies in the Oil & Gas industry, placing it in the top 30.6%.
Is BP's Cyclically Adjusted Price-to-FCF too high?
BP's current Cyclically Adjusted Price-to-FCF of 10.16 is 71% below median its 10-year median of 34.88. Over the past 10 years, this metric has ranged from a low of 8.09 to a high of 154.65. The Oil & Gas industry median Cyclically Adjusted Price-to-FCF is 17.33. BP's value of 10.16 is 41.4% below this industry median. Based on the distribution chart, BP ranks #125 out of 409 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, BP has a GF Score™ of 71/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does BP's Cyclically Adjusted Price-to-FCF compare to XOM and CVX?
According to the Oil & Gas industry distribution chart, BP ranks #125 out of 409 companies for Cyclically Adjusted Price-to-FCF. This puts BP in the upper half of its industry. The industry median Cyclically Adjusted Price-to-FCF is 17.33. BP's value of 10.16 is 41.4% below this benchmark. Historically, BP's own Cyclically Adjusted Price-to-FCF has ranged from 8.09 to 154.65 over the past decade. While the company's 10-year median is 34.88 vs. the industry median of 17.33, BP has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Price-to-FCF for an Oil & Gas company?
The median Cyclically Adjusted Price-to-FCF among Oil & Gas companies is 17.33, based on 409 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted Price-to-FCF significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted Price-to-FCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. BP's current Cyclically Adjusted Price-to-FCF of 10.16 is 41.4% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Price-to-FCF mean?
A high Cyclically Adjusted Price-to-FCF can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted Price-to-FCF Ratio is the ratio of share price to a company's inflation-adjusted FCF per share over a 10-year period. View historical data on BP and its competitors. For the Oil & Gas industry, the median Cyclically Adjusted Price-to-FCF is 17.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. BP's current Cyclically Adjusted Price-to-FCF is 10.16, which is 71% below median its own 10-year median of 34.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BP stock overvalued right now?
Based on GuruFocus' analysis, BP (LTS:0HKP) is currently considered Fairly Valued. The stock's GF Value™ is $41.67, compared to a current price of $41.87 — trading 0.5% above its estimated fair value. The current Cyclically Adjusted Price-to-FCF is 10.16, which is 71% below median its 10-year median of 34.88 and 41.4% below the Oil & Gas industry median of 17.33. BP's overall GF Score™ is 71/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Price-to-FCF calculated?
Cyclically Adjusted Price-to-FCF is calculated from a company's financial statements. For BP (LTS:0HKP), the current Cyclically Adjusted Price-to-FCF is 10.16 as of Aug. 29, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is BP (LTS:0HKP) Overvalued in 2026?

Based on GuruFocus' analysis, BP stock appears to be overvalued. The current stock price of $41.87 is trading 0.5% above its estimated GF Value™ of $41.67. GuruFocus considers BP to be Fairly Valued.

Key valuation signals for LTS:0HKP:

  • Cyclically Adjusted Price-to-FCF: 10.16 (71% below median its 10-year median of 34.88)
  • GF Value™: $41.67 vs. price of $41.87 (0.5% above fair value)
  • GF Score™: 71/100 with 4 warning signs
  • Industry Position: 41.4% below the Oil & Gas median (#125 of 409)

No single metric tells the full story. See the LTS:0HKP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


BP Business Description

Industry EnergyOil & Gas
Address 1 St James\'s Square, London, GBR, SW1Y 4PD
BP is an integrated energy company that explores for, produces, and refines oil and gas around the world. In 2025, it produced 1.2 million barrels of liquids and 6.5 billion cubic feet of natural gas per day. At the end of 2025, proved hydrocarbon reserves stood at 6.2 billion barrels of oil equivalent, 56% of which are liquids. The company operates refineries with a total crude distillation capacity of 1.56 million barrels of oil per day.
71GF Score

Get the complete analysis for LTS:0HKP

Cyclically Adjusted Price-to-FCF is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$41.87
Price
$41.67
GF Value