BHPLF (BHP Group) Forward PE Ratio : 10.65 (As of Dec. 11, 2024)

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What is BHP Group Forward PE Ratio?

BHP Group's Forward PE Ratio for today is 10.65.

BHP Group's PE Ratio without NRI for today is 12.91.

BHP Group's PE Ratio (TTM) for today is 16.21.

BHP Group Forward PE Ratio Historical Data

The historical data trend for BHP Group's Forward 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 Forward PE Ratio Chart

BHP Group Annual Data

Trend

2015-12

2016-12

2017-12

2018-12

2019-12

2020-12

2021-12

2022-12

2023-12

2024-12

Forward PE Ratio

33.90

16.23

15.46

12.87

13.33

7.39

11.05

11.92

10.54

BHP Group Semi-Annual Data
	2015-12	2016-03	2016-06	2016-09	2016-12	2017-03	2017-06	2017-09	2017-12	2018-03	2018-06	2018-09	2018-12	2019-03	2019-06	2019-09	2019-12	2020-03	2020-06	2020-09	2020-12	2021-03	2021-06	2021-09	2021-12	2022-03	2022-06	2022-09	2022-12	2023-03	2023-06	2023-09	2023-12	2024-03	2024-06	2024-09	2024-12
Forward PE Ratio	33.90	28.65	28.99	30.96	16.23	12.87	14.81	13.39	15.46	12.79	13.55	13.85	12.87	14.12	11.88	10.60	12.87	9.75	14.84	12.79	13.33	9.78	9.58	6.29	7.39	11.39	6.74	8.14	11.05	10.31	10.34	11.39	11.92	9.07	11.03	9.90	10.54

Competitive Comparison of BHP Group's Forward PE Ratio

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

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

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

BHP Group Forward PE Ratio Calculation

It's a measure of the price-to-earnings ratio (PE Ratio) using forecasted earnings for the calculation. While the earnings used are just an estimate and are not as reliable as current earnings data, there is still benefit in estimated P/E analysis. The forecasted earnings used in the formula can either be for the next 12 months or for the next full-year fiscal period.

BHP Group (OTCPK:BHPLF) Forward PE Ratio Explanation

The Forward PE Ratio of a company is often used to compare current earnings to estimated future earnings, as well as gaining a clearer picture of what earnings will look like without charges and other accounting adjustments. If earnings are expected to grow in the future, the Forward PE Ratio will be lower than the current PE Ratio. This measure is also used to compare one company to another with a forward-looking focus.

Trailing PE Ratio relies on what is already done. It uses the current share price and divides by the total EPS (Basic) over the past 12 months. PE Ratio can be affected by Non Operating Income such as the sale of part of businesses. This may increase for the current year or quarter dramatically. But it cannot be repeated over and over. Therefore PE Ratio without NRI is a more accurate indication of valuation than PE Ratio .

BHP Group Forward PE Ratio Related Terms

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BHP Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » BHP Group Ltd (OTCPK:BHPLF) » Definitions » Forward PE Ratio

Comparable Companies

Traded in Other Exchanges

BHG:South Africa BHP:USA BHPN:Mexico BHPl:UK BHP:UK 0HN3:UK BHP1:Germany BHP:Germany BHP1:Germany BHP1:Germany BHP:Germany BHP:Australia BHP:Argentina

Address

171 Collins Street, Level 18, Melbourne, VIC, AUS, 3000

Website

https://www.bhp.com

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 is placing its nickel business on care and maintenance in late 2024.