BHP Group (CHIX:BHPL) EV-to-EBIT: 10.06 (As of Jul. 29, 2026) — 21% Above Median

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CHIX:BHPL BHP Group Ltd CHIX:BHPL
78 GF Score
Price £31.31
GF Value £23.09
Valuation Significantly Overvalued
! 7 Warning Signs
View Full Analysis

What is BHP Group EV-to-EBIT?

BHP Group CHIX:BHPL +0.35% 78 EV-to-EBIT is 10.06 as of Jul. 29, 2026, which is 21% above its 10-year median of 8.28. GuruFocus rates CHIX:BHPL with a GF Score™ of 78/100 and a GF Value™ of £23.09 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 665 Metals & Mining companies, BHP Group ranks better than 60.6% on this metric.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, BHP Group's Enterprise Value is £173,272 Mil. BHP Group's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was £17,227 Mil. Therefore, BHP Group's EV-to-EBIT for today is 10.06.

The historical rank and industry rank for BHP Group's EV-to-EBIT or its related term are showing as below:

CHIX:BHPl' s EV-to-EBIT Range Over the Past 10 Years
Min: 3.87   Med: 8.28   Max: 44.09
Current: 9.35

During the past 13 years, the highest EV-to-EBIT of BHP Group was 44.09. The lowest was 3.87. And the median was 8.28.

CHIX:BHPl's EV-to-EBIT is ranked better than
60.6% of 665 companies
in the Metals & Mining industry
Industry Median: 11.97 vs CHIX:BHPl: 9.35

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. BHP Group's Enterprise Value for the quarter that ended in Dec. 2025 was £129,310 Mil. BHP Group's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was £17,227 Mil. BHP Group's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 13.32%.


BHP Group  (CHIX:BHPl) EV-to-EBIT Explanation

This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %.

BHP Group's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2025 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Dec. 2025 ) =EBIT / Enterprise Value (Q: Dec. 2025 )
=17227.038/129310.14556
=13.32 %

BHP Group's Enterprise Value for the quarter that ended in Dec. 2025 was £129,310 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. BHP Group's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was £17,227 Mil.

* 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 EV-to-EBIT Related Terms


BHP Group EV-to-EBIT Historical Data

* Premium members only.

The historical data trend for BHP Group's EV-to-EBIT 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.

BHP Group EV-to-EBIT Chart

BHP Group Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.10 4.40 7.15 8.64 6.92

BHP Group Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
EV-to-EBIT 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 0.00 8.64 0.00 6.92 0.00

BHP Group EV-to-EBIT Competitor Comparison

For the Other Industrial Metals & Mining subindustry, BHP Group's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT 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 EV-to-EBIT vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, BHP Group's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where BHP Group's EV-to-EBIT falls into.


CHIX:BHPL
78GF Score
BHP Group Ltd CHIX:BHPL
EV-to-EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

BHP Group EV-to-EBIT Calculation

BHP Group's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=173271.795/17227.038
=10.06

BHP Group's current Enterprise Value is £173,272 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. BHP Group's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was £17,227 Mil.

* 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.

Frequently Asked Questions Learn more about EV-to-EBIT →
What does a EV-to-EBIT of 10.06 mean?
BHP Group (CHIX:BHPL) has a EV-to-EBIT of 10.06 as of Jul. 29, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on BHP Group and its competitors. This is 21% above median its historical median of 8.28. Over the past decade, BHP Group's EV-to-EBIT has ranged from 3.87 to 44.09. According to the industry distribution chart, BHP Group ranks #262 out of 665 companies in the Metals & Mining industry, placing it in the top 39.4%.
Is BHP Group's EV-to-EBIT too high?
BHP Group's current EV-to-EBIT of 10.06 is 21% above median its 10-year median of 8.28. Over the past 10 years, this metric has ranged from a low of 3.87 to a high of 44.09. The Metals & Mining industry median EV-to-EBIT is 11.97. BHP Group's value of 10.06 is 16% below this industry median. Based on the distribution chart, BHP Group ranks #262 out of 665 companies in the Metals & Mining industry, which is above the industry midpoint. Overall, BHP Group has a GF Score™ of 78/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does BHP Group's EV-to-EBIT compare to competitors?
According to the Metals & Mining industry distribution chart, BHP Group ranks #262 out of 665 companies for EV-to-EBIT. This puts BHP Group in the upper half of its industry. The industry median EV-to-EBIT is 11.97. BHP Group's value of 10.06 is 16% below this benchmark. Historically, BHP Group's own EV-to-EBIT has ranged from 3.87 to 44.09 over the past decade. While the company's 10-year median is 8.28 vs. the industry median of 11.97, BHP Group 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 EV-to-EBIT for a Metals & Mining company?
The median EV-to-EBIT among Metals & Mining companies is 11.97, based on 665 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBIT significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. BHP Group's current EV-to-EBIT of 10.06 is 16% 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 EV-to-EBIT mean?
A high EV-to-EBIT can signal that a stock is expensive relative to its fundamentals. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on BHP Group and its competitors. For the Metals & Mining industry, the median EV-to-EBIT is 11.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. BHP Group's current EV-to-EBIT is 10.06, which is 21% above median its own 10-year median of 8.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BHP Group stock overvalued right now?
Based on GuruFocus' analysis, BHP Group (CHIX:BHPL) is currently considered Significantly Overvalued. The stock's GF Value™ is £23.09, compared to a current price of £31.31 — trading 35.6% above its estimated fair value. The current EV-to-EBIT is 10.06, which is 21% above median its 10-year median of 8.28 and 16% below the Metals & Mining industry median of 11.97. BHP Group's overall GF Score™ is 78/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBIT calculated?
EV-to-EBIT is calculated from a company's financial statements. For BHP Group (CHIX:BHPL), the current EV-to-EBIT is 10.06 as of Jul. 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 BHP Group (CHIX:BHPL) Overvalued in 2026?

Based on GuruFocus' analysis, BHP Group stock appears to be overvalued. The current stock price of £31.31 is trading 35.6% above its estimated GF Value™ of £23.09. GuruFocus considers BHP Group to be Significantly Overvalued.

Key valuation signals for CHIX:BHPL:

  • EV-to-EBIT: 10.06 (21% above median its 10-year median of 8.28)
  • GF Value™: £23.09 vs. price of £31.31 (35.6% above fair value)
  • GF Score™: 78/100 with 7 warning signs
  • Industry Position: 16% below the Metals & Mining median (#262 of 665)

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


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 half of the Vicuna copper joint venture in fiscal 2025. It is entering the potash market through the development of its Jansen project in Canada. However, due to low prices, BHP placed its nickel business on care and maintenance in 2024.
78GF Score

Get the complete analysis for CHIX:BHPL

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

£31.31
Price
£23.09
GF Value