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BHP Group (CHIX:BHPl) 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
BHP Group Forward PE Ratio Historical Data
* Premium members only.
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.
BHP Group Forward PE Ratio Chart
BHP Group Annual Data
Trend
2023-06
2024-06
2025-06
Forward PE Ratio
10.01
11.10
11.91
BHP Group Semi-Annual Data
2023-06
2023-12
2024-06
2024-12
2025-06
2025-12
Forward PE Ratio
10.01
11.61
11.10
10.28
11.91
14.03
BHP Group Forward PE Ratio Competitor Comparison
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 Forward PE Ratio vs 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.
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 (CHIX:BHPL) has a Forward PE Ratio of 15.90 as of Jul. 18, 2026. Forward P/E ratio is the share price dividend by the expected per-share earnings in the next 12 months. View historical data on BHP Group and its competitors. According to the industry distribution chart, BHP Group ranks #338 out of 487 companies in the Metals & Mining industry, placing it in the top 69.4%.
Is BHP Group's Forward PE Ratio too high?
BHP Group's current Forward PE Ratio is 15.90. The Metals & Mining industry median Forward PE Ratio is 10.79. BHP Group's value of 15.90 is 47.4% above this industry median. Based on the distribution chart, BHP Group ranks #338 out of 487 companies in the Metals & Mining industry, which is below the industry midpoint. Overall, BHP Group has a GF Score™ of 81/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does BHP Group's Forward PE Ratio compare to competitors?
According to the Metals & Mining industry distribution chart, BHP Group ranks #338 out of 487 companies for Forward PE Ratio. This places BHP Group in the lower half of its industry. The industry median Forward PE Ratio is 10.79. BHP Group's value of 15.90 is 47.4% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Forward PE Ratio for a Metals & Mining company?
The median Forward PE Ratio among Metals & Mining companies is 10.79, based on 487 companies in the industry. Companies in the top quartile (top 25%) have a Forward PE Ratio significantly above this median, while those in the bottom quartile fall well below. However, Forward PE Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. BHP Group's current Forward PE Ratio of 15.90 is 47.4% above 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 Forward PE Ratio mean?
A high Forward PE Ratio can signal that a stock is expensive relative to its fundamentals. Forward P/E ratio is the share price dividend by the expected per-share earnings in the next 12 months. View historical data on BHP Group and its competitors. For the Metals & Mining industry, the median Forward PE Ratio is 10.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. BHP Group's current Forward PE Ratio is 15.90. 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 Modestly Overvalued. The stock's GF Value™ is £23.02, compared to a current price of £29.95 — trading 30.1% above its estimated fair value. The current Forward PE Ratio is 15.90 and 47.4% above the Metals & Mining industry median of 10.79. BHP Group's overall GF Score™ is 81/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Forward PE Ratio calculated?
Forward PE Ratio is calculated from a company's financial statements. For BHP Group (CHIX:BHPL), the current Forward PE Ratio is 15.90 as of Jul. 18, 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 £29.95 is trading 30.1% above its estimated GF Value™ of £23.02.
GuruFocus considers BHP Group to be Modestly Overvalued.
Key valuation signals for CHIX:BHPL:
Forward PE Ratio: 15.90
GF Value™: £23.02 vs. price of £29.95 (30.1% above fair value)
Industry Position: 47.4% above the Metals & Mining median (#338 of 487)
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 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.
81GF Score
Get the complete analysis for CHIX:BHPL
Forward PE Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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