BP (BUE:BP) E10: ARS249.46 (As of Mar. 2026)


BUE:BP BP PLC BUE:BP
56 GF Score
Price ARS11,440.00
GF Value ARS11,332.77
Valuation Fairly Valued
! 6 Warning Signs
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What is BP E10?

BP BUE:BP -1.97% 56 E10 is ARS249.46 as of Mar. 2026. GuruFocus rates BUE:BP with a GF Score™ of 56/100 and a GF Value™ of ARS11,332.77 (Fairly Valued). The stock has 6 warning signs investors should review.

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

BP's adjusted earnings per share data for the three months ended in Mar. 2026 was ARS411.587. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ARS249.46 for the trailing ten years ended in Mar. 2026.

During the past 12 months, BP's average E10 Growth Rate was 175.00% per year. During the past 3 years, the average E10 Growth Rate was 10.10% per year. During the past 5 years, the average E10 Growth Rate was -18.00% per year. During the past 10 years, the average E10 Growth Rate was -22.60% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the E10 growth rate using E10 data.

During the past 13 years, the highest 3-Year average E10 Growth Rate of BP was 31.00% per year. The lowest was -51.00% per year. And the median was 5.20% per year.

As of today (2026-06-28), BP's current stock price is ARS11440.00. BP's E10 for the quarter that ended in Mar. 2026 was ARS249.46. BP's Shiller PE Ratio of today is 45.86.

During the past 13 years, the highest Shiller PE Ratio of BP was 499.95. The lowest was 10.35. And the median was 20.51.


BP  (BUE:BP) E10 Explanation

If a company grows much fast than inflation, E10 may underestimate the company's earnings power. Shiller PE Ratio can seem to be too high even the actual P/E is low.

For the Shiller P/E, 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 P/E is also called PE10.

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

BP's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=11440.00/249.46
=45.86

* 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.

During the past 13 years, the highest Shiller P/E Ratio of BP was 499.95. The lowest was 10.35. And the median was 20.51.


Be Aware

Shiller PE Ratio works better for cyclical companies. It gives you a better idea on the company's real earnings power.


BP E10 Related Terms


BP E10 Historical Data

* Premium members only.

The historical data trend for BP's E10 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 E10 Chart

BP Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 33.04 29.99 29.48 88.04 195.75

BP Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
E10 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 81.45 158.38 198.61 195.75 249.46

BUE:BP vs XOM, CVX: E10 Comparison

For the Oil & Gas Integrated subindustry, BP'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.


BP Shiller PE Ratio vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, BP's Shiller PE Ratio distribution charts can be found below:

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


BUE:BP
56GF Score
BP PLC BUE:BP
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

BP E10 Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. When we calculate the today's Shiller P/E ratio of a stock, we use today's price divided by E10.

What is E10? How do we calculate E10?

E10 is the average of the inflation adjusted earnings of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the E10 of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the earnings from 2001 through 2010.

We adjusted the earnings of 2001 earnings data with the total inflation from 2001 through 2010 to the equivalent earnings in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart earned $1 a share in 2001, then the 2001's equivalent earnings in 2010 is $1.4 a share. If Wal-Mart earns $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 earnings in 2010 is $1.35. So on and so forth, you get the equivalent earnings of past 10 years. Then you add them together and divided the sum by 10 to get 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.

For example, BP's adjusted earnings per share data for the three months ended in Mar. 2026 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=411.587/140.8000*140.8000
=411.587

Current CPI (Mar. 2026) = 140.8000.

BP Quarterly Data

per share eps CPI Adj_EPS
201606 -1.275 101.000 -1.777
201609 1.532 101.500 2.125
201612 0.495 102.200 0.682
201703 1.365 102.700 1.871
201706 0.142 103.500 0.193
201709 1.872 104.300 2.527
201712 0.032 105.000 0.043
201803 2.981 105.100 3.994
201806 4.178 105.900 5.555
201809 7.352 106.600 9.711
201812 1.719 107.100 2.260
201903 6.788 107.000 8.932
201906 4.782 107.900 6.240
201909 -2.470 108.400 -3.208
201912 0.065 108.500 0.084
202003 -16.111 108.600 -20.888
202006 -68.449 108.800 -88.581
202009 -1.978 109.200 -2.550
202012 6.523 109.400 8.395
202103 24.743 109.700 31.758
202106 17.392 111.400 21.982
202109 -14.820 112.400 -18.565
202112 14.131 114.700 17.347
202203 -134.593 116.500 -162.667
202206 68.126 120.500 79.603
202209 -19.092 122.300 -21.980
202212 117.409 125.300 131.933
202303 106.819 126.800 118.613
202306 28.829 129.400 31.369
202309 115.861 130.100 125.390
202312 9.314 130.500 10.049
202403 133.958 131.600 143.323
202406 -8.382 133.000 -8.874
202409 14.029 133.500 14.796
202412 -149.440 135.100 -155.745
202503 54.624 136.100 56.510
202506 146.315 138.400 148.852
202509 120.266 138.900 121.911
202512 -386.851 139.900 -389.340
202603 411.587 140.800 411.587

Add all the adjusted EPS together and divide 10 will get our e10.

Frequently Asked Questions Learn more about E10 →
What does a E10 of ARS249.46 mean?
BP (BUE:BP) has a E10 of ARS249.46 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on BP and its competitors.
Is BP's E10 too high?
BP's current E10 is ARS249.46. Overall, BP has a GF Score™ of 56/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does BP's E10 compare to XOM and CVX?
BP's E10 of ARS249.46 can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good E10 for an Oil & Gas company?
A good E10 depends on the Oil & Gas industry context. However, E10 should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high E10 mean?
A high E10 can signal that a stock is expensive relative to its fundamentals. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on BP and its competitors. BP's current E10 is ARS249.46. 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 (BUE:BP) is currently considered Fairly Valued. The stock's GF Value™ is ARS11,332.77, compared to a current price of ARS11,440.00 — trading 0.9% above its estimated fair value. The current E10 is ARS249.46. BP's overall GF Score™ is 56/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is E10 calculated?
E10 is calculated from a company's financial statements. For BP (BUE:BP), the current E10 is ARS249.46 as of Mar. 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 (BUE:BP) Overvalued in 2026?

Based on GuruFocus' analysis, BP stock appears to be overvalued. The current stock price of ARS11,440.00 is trading 0.9% above its estimated GF Value™ of ARS11,332.77. GuruFocus considers BP to be Fairly Valued.

Key valuation signals for BUE:BP:

  • E10: ARS249.46
  • GF Value™: ARS11,332.77 vs. price of ARS11,440.00 (0.9% above fair value)
  • GF Score™: 56/100 with 6 warning signs

No single metric tells the full story. See the BUE:BP 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.
56GF Score

Get the complete analysis for BUE:BP

E10 is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

ARS11,440.00
Price
ARS11,332.77
GF Value