BHP Group (CHIX:BHPL) Reserves - Probable (K): 0.00 (As of . 20)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

CHIX:BHPL BHP Group Ltd CHIX:BHPL
82 GF Score
Price £30.58
GF Value £23.23
Valuation Significantly Overvalued
! 7 Warning Signs
View Full Analysis

What is BHP Group Reserves - Probable (K)?

BHP Group CHIX:BHPL +0.25% 82 Reserves - Probable (K) is 0.00 as of . 20. GuruFocus rates CHIX:BHPL with a GF Score™ of 82/100 and a GF Value™ of £23.23 (Significantly Overvalued). The stock has 7 warning signs investors should review.

Probable reserves are reserves calculated to be at least 50% likely to be recovered through drilling.

The historical rank and industry rank for BHP Group's Reserves - Probable (K) or its related term are showing as below:

CHIX:BHPl's Reserves - Probable (K) is not ranked *
in the Metals & Mining industry.
Industry Median:
* Ranked among companies with meaningful Reserves - Probable (K) only.

BHP Group  (CHIX:BHPl) Reserves - Probable (K) Explanation

Reserves - Probable (K) are reserves calculated to be at least 50% likely to be recovered through drilling. Probable reserves do not necessarily imply proven reserves, since a firm may decide not to recover the deposits because of the expensive economics involved in extraction.

Any combination of regulatory, economic and technological challenges could reduce the likelihood that a firm can profitably extract the reserve.

BHP Group Reserves - Probable (K) Related Terms

BHP Group Reserves - Probable (K) Historical Data

* Premium members only.

The historical data trend for BHP Group's Reserves - Probable (K) 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 Reserves - Probable (K) Chart


CHIX:BHPL
82GF Score
BHP Group Ltd CHIX:BHPL
Reserves - Probable (K) is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis
Frequently Asked Questions
What does a Reserves - Probable (K) of 0.00 mean?
BHP Group (CHIX:BHPL) has a Reserves - Probable (K) of 0.00 as of . 20. Probable reserves are reserves calculated to be at least 50% likely to be recovered through drilling. View historical data on BHP Group and its competitors.
Is BHP Group's Reserves - Probable (K) too high?
BHP Group's current Reserves - Probable (K) is 0.00. Overall, BHP Group has a GF Score™ of 82/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does BHP Group's Reserves - Probable (K) compare to competitors?
BHP Group's Reserves - Probable (K) of 0.00 can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Reserves - Probable (K) for a Metals & Mining company?
A good Reserves - Probable (K) depends on the Metals & Mining industry context. However, Reserves - Probable (K) should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Reserves - Probable (K) mean?
A high Reserves - Probable (K) can signal that a stock is expensive relative to its fundamentals. Probable reserves are reserves calculated to be at least 50% likely to be recovered through drilling. View historical data on BHP Group and its competitors. BHP Group's current Reserves - Probable (K) is 0.00. 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 £23.23, compared to a current price of £30.58 — trading 31.6% above its estimated fair value. The current Reserves - Probable (K) is 0.00. BHP Group's overall GF Score™ is 82/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Reserves - Probable (K) calculated?
Reserves - Probable (K) is calculated from a company's financial statements. For BHP Group (CHIX:BHPL), the current Reserves - Probable (K) is 0.00 as of . 20. 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 £30.58 is trading 31.6% above its estimated GF Value™ of £23.23. GuruFocus considers BHP Group to be Significantly Overvalued.

Key valuation signals for CHIX:BHPL:

  • Reserves - Probable (K): 0.00
  • GF Value™: £23.23 vs. price of £30.58 (31.6% above fair value)
  • GF Score™: 82/100 with 7 warning signs

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.
82GF Score

Get the complete analysis for CHIX:BHPL

Reserves - Probable (K) is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

£30.58
Price
£23.23
GF Value