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Baker Hughes Co (XSWX:BKR) 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 .
Baker Hughes Co Forward PE Ratio Related Terms
Baker Hughes Co Forward PE Ratio Historical Data
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The historical data trend for Baker Hughes Co'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.
Baker Hughes Co Forward PE Ratio Chart
Baker Hughes Co Annual Data
Trend
Forward PE Ratio
Baker Hughes Co Quarterly Data
2026-03
Forward PE Ratio
24.49
XSWX:BKR vs SLB, HAL, FTI: Forward PE Ratio Comparison
For the Oil & Gas Equipment & Services subindustry, Baker Hughes Co'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.
Baker Hughes Co Forward PE Ratio vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Baker Hughes Co's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where Baker Hughes Co'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.
Baker Hughes Co (XSWX:BKR) has a Forward PE Ratio of 24.62 as of Jul. 26, 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 Baker Hughes Co and its competitors. According to the industry distribution chart, Baker Hughes Co ranks #444 out of 543 companies in the Oil & Gas industry, placing it in the top 81.8%.
Is Baker Hughes Co's Forward PE Ratio too high?
Baker Hughes Co's current Forward PE Ratio is 24.62. The Oil & Gas industry median Forward PE Ratio is 11.28. Baker Hughes Co's value of 24.62 is 118.3% above this industry median. Based on the distribution chart, Baker Hughes Co ranks #444 out of 543 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, Baker Hughes Co has a GF Score™ of 73/100, reflecting its overall financial health beyond just this single metric.
How does Baker Hughes Co's Forward PE Ratio compare to SLB and HAL?
According to the Oil & Gas industry distribution chart, Baker Hughes Co ranks #444 out of 543 companies for Forward PE Ratio. This places Baker Hughes Co in the lower half of its industry. The industry median Forward PE Ratio is 11.28. Baker Hughes Co's value of 24.62 is 118.3% 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 an Oil & Gas company?
The median Forward PE Ratio among Oil & Gas companies is 11.28, based on 543 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. Baker Hughes Co's current Forward PE Ratio of 24.62 is 118.3% 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 Baker Hughes Co and its competitors. For the Oil & Gas industry, the median Forward PE Ratio is 11.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Baker Hughes Co's current Forward PE Ratio is 24.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Baker Hughes Co stock overvalued right now?
Baker Hughes Co (XSWX:BKR) has a current Forward PE Ratio of 24.62. The stock's GF Value™ is CHF34.56, compared to a current price of CHF46.94 — trading 35.8% above its estimated fair value. The current Forward PE Ratio is 24.62 and 118.3% above the Oil & Gas industry median of 11.28. Baker Hughes Co's overall GF Score™ is 73/100 with 3 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 Baker Hughes Co (XSWX:BKR), the current Forward PE Ratio is 24.62 as of Jul. 26, 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 Baker Hughes Co (XSWX:BKR) Overvalued in 2026?
Based on GuruFocus' analysis, Baker Hughes Co stock appears to be overvalued.
The current stock price of CHF46.94 is trading 35.8% above its estimated GF Value™ of CHF34.56.
Key valuation signals for XSWX:BKR:
Forward PE Ratio: 24.62
GF Value™: CHF34.56 vs. price of CHF46.94 (35.8% above fair value)
Industry Position: 118.3% above the Oil & Gas median (#444 of 543)
No single metric tells the full story. See the XSWX:BKR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Following a 2022 reorganization, Baker Hughes operates in two segments: oilfield services and equipment, and industrial and energy technology. The firm's oilfield services and equipment segment is one of the Big Three oilfield-services players, along with SLB and Halliburton, and mostly supplies to hydrocarbon developers and producers, including national oil companies, major integrated firms, and independents. Markets outside of North America buy roughly three-fourths of the segment's offerings. Baker Hughes' industrial and energy technology segment manufactures and sells turbines, compressors, pumps, valves, and related testing and monitoring services for various energy and industrial applications.
73GF Score
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Forward PE Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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