BHP Group (XSWX:BHP) Price-to-Tangible-Book : 4.27 (As of Apr. 24, 2024)

View and export this data going back to 2014. Start your Free Trial

What is BHP Group Price-to-Tangible-Book?

As of today (2024-04-24), BHP Group's share price is CHF29.00. BHP Group's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was CHF6.80. Hence, BHP Group's Price to Tangible Book Ratio of today is 4.27.

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

XSWX:BHP' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.19 Med: 2.36 Max: 4.3
Current: 3.88

During the past 13 years, BHP Group's highest Price to Tangible Book Ratio was 4.30. The lowest was 1.19. And the median was 2.36.

XSWX:BHP's Price-to-Tangible-Book is ranked worse than
82.54% of 2240 companies
in the Metals & Mining industry
Industry Median: 1.32 vs XSWX:BHP: 3.88

A closely related ratio is called PB Ratio. As of today, BHP Group's share price is CHF29.00. BHP Group's Book Value per Sharefor the quarter that ended in Dec. 2023 was CHF7.07. Hence, BHP Group's P/B Ratio of today is 4.10.

BHP Group Price-to-Tangible-Book Historical Data

The historical data trend for BHP Group's Price-to-Tangible-Book 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 Price-to-Tangible-Book Chart

BHP Group Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Price-to-Tangible-Book

Get a 7-Day Free Trial

2.77

2.90

2.81

3.59

BHP Group Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Price-to-Tangible-Book	Get a 7-Day Free Trial															2.82	3.59	3.82	-	-

Competitive Comparison of BHP Group's Price-to-Tangible-Book

For the Other Industrial Metals & Mining subindustry, BHP Group's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book 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 Price-to-Tangible-Book Distribution in the Metals & Mining Industry

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

* The bar in red indicates where BHP Group's Price-to-Tangible-Book falls into.

BHP Group Price-to-Tangible-Book Calculation

BHP Group's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	29.00	/	6.797
	=	4.27

It can also be calculated from the numbers for the whole company:

Price to Tangible Book	=	Market Cap	/	Tangible Equity
	=	Market Cap	/	(Total Stockholders Equity	-	Preferred Stock	-	Intangible Assets)

A closely related ratio is called PB Ratio. The difference between Price-to-Tangible-Book Ratio and PB Ratio is that book value other than intangibles are used in the calculation.

Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The Price-to-Book Ratio does not work well for these companies. Some companies even have negative equity, so the Price-to-Book Ratio cannot be applied to them.

BHP Group Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of BHP Group's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.

BHP Group (XSWX:BHP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » BHP Group Ltd (XSWX:BHP) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

BHG:South Africa BHPLF:USA BHP:USA BHPN:Mexico BHPl:UK BHP:UK BHP1: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 U.S. 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. BHP is growing its nickel business to supply more battery grade nickel and is also entering the potash market through the development of its Jansen mine in Canada. It also purchased copper miner Oz Minerals in fiscal 2023.