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BHP Group (MEX:BHPN) Cyclically Adjusted PS Ratio : 2.53 (As of Jun. 02, 2025)


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What is BHP Group Cyclically Adjusted PS Ratio?

As of today (2025-06-02), BHP Group's current share price is MXN943.69. BHP Group's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Jun24 was MXN373.48. BHP Group's Cyclically Adjusted PS Ratio for today is 2.53.

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

MEX:BHPN' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.1   Med: 2.78   Max: 3.96
Current: 2.62

During the past 13 years, BHP Group's highest Cyclically Adjusted PS Ratio was 3.96. The lowest was 1.10. And the median was 2.78.

MEX:BHPN's Cyclically Adjusted PS Ratio is ranked worse than
66.79% of 548 companies
in the Metals & Mining industry
Industry Median: 1.455 vs MEX:BHPN: 2.62

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 PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

BHP Group's adjusted revenue per share data of for the fiscal year that ended in Jun24 was MXN401.678. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is MXN373.48 for the trailing ten years ended in Jun24.

Shiller PE for Stocks: The True Measure of Stock Valuation


BHP Group Cyclically Adjusted PS Ratio Historical Data

The historical data trend for BHP Group's Cyclically Adjusted PS 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 Cyclically Adjusted PS Ratio Chart

BHP Group Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.75 3.59 3.19 3.23 2.92

BHP Group Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
Cyclically Adjusted PS 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 - 3.23 - 2.92 -

Competitive Comparison of BHP Group's Cyclically Adjusted PS Ratio

For the Other Industrial Metals & Mining subindustry, BHP Group's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS 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 Cyclically Adjusted PS Ratio Distribution in the Metals & Mining Industry

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

* The bar in red indicates where BHP Group's Cyclically Adjusted PS Ratio falls into.


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BHP Group Cyclically Adjusted PS Ratio Calculation

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

BHP Group's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=943.69/373.48
=2.53

* 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 Cyclically Adjusted Revenue per Share for the fiscal year that ended in Jun24 is calculated as:

For example, BHP Group's adjusted Revenue per Share data for the fiscal year that ended in Jun24 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jun24 (Change)*Current CPI (Jun24)
=401.678/128.9064*128.9064
=401.678

Current CPI (Jun24) = 128.9064.

BHP Group Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201506 262.647 99.838 339.120
201606 198.536 100.859 253.746
201706 242.143 102.809 303.608
201806 317.580 104.945 390.089
201906 327.643 106.617 396.140
202006 354.487 106.246 430.094
202106 447.147 110.332 522.424
202206 516.522 117.112 568.543
202306 363.743 124.170 377.618
202406 401.678 128.906 401.678

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue 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.


BHP Group  (MEX:BHPN) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue 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 PS Ratio should give similar results to regular PS Ratio.


BHP Group Cyclically Adjusted PS Ratio Related Terms

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


BHP Group Business Description

Address
171 Collins Street, Level 18, Melbourne, VIC, AUS, 3000
BHP is a global diversified miner mainly supplying iron ore and copper. The merger of BHP Limited and Billiton PLC created the present-day BHP Group. The dual-listed structure from the 2001 BHP and Billiton merger was collapsed in 2022. Major assets include Pilbara iron ore and Escondida copper. Onshore US oil and gas assets were sold in 2018 and the remaining Petroleum assets were spun off and merged with Woodside in 2022, with BHP vesting the Woodside shares it received to BHP shareholders. It purchased copper miner Oz Minerals in fiscal 2023 and is entering the potash market through the development of its Jansen project in Canada. However, due to low nickel prices, BHP placed its nickel business on care and maintenance in 2024.

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