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BHPLF (BHP Group) Shiller PE Ratio : 14.09 (As of Dec. 14, 2024)


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What is BHP Group Shiller PE Ratio?

As of today (2024-12-14), BHP Group's current share price is $24.80. BHP Group's E10 for the fiscal year that ended in Jun24 was $1.76. BHP Group's Shiller PE Ratio for today is 14.09.

The historical rank and industry rank for BHP Group's Shiller PE Ratio or its related term are showing as below:

BHPLF' s Shiller PE Ratio Range Over the Past 10 Years
Min: 4.93   Med: 15.96   Max: 26.46
Current: 15.67

During the past 13 years, BHP Group's highest Shiller PE Ratio was 26.46. The lowest was 4.93. And the median was 15.96.

BHPLF's Shiller PE Ratio is ranked better than
61.81% of 364 companies
in the Metals & Mining industry
Industry Median: 22.63 vs BHPLF: 15.67

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

BHP Group's adjusted earnings per share data of for the fiscal year that ended in Jun24 was $1.555. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $1.76 for the trailing ten years ended in Jun24.

Shiller PE for Stocks: The True Measure of Stock Valuation


BHP Group Shiller PE Ratio Historical Data

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

BHP Group Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16.61 23.96 17.06 16.95 16.25

BHP Group Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Shiller PE Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 17.06 - 16.95 - 16.25

Competitive Comparison of BHP Group's Shiller PE Ratio

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

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

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



BHP Group Shiller PE Ratio Calculation

For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller PE Ratio is also called PE10.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

BHP Group's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=24.80/1.76
=14.09

* 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's E10 for the fiscal year that ended in Jun24 is calculated as:

For example, BHP Group's adjusted earnings per share data for the fiscal year that ended in Jun24 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Jun24 (Change)*Current CPI (Jun24)
=1.555/128.9064*128.9064
=1.555

Current CPI (Jun24) = 128.9064.

BHP Group Annual Data

Earnings per Share (Diluted) CPI Adj_EPS
201506 0.358 99.838 0.462
201606 -1.200 100.859 -1.534
201706 1.104 102.809 1.384
201806 0.694 104.945 0.852
201906 1.599 106.617 1.933
202006 1.570 106.246 1.905
202106 2.230 110.332 2.605
202206 6.093 117.112 6.707
202306 2.547 124.170 2.644
202406 1.555 128.906 1.555

Add all the adjusted EPS together and divide 10 will get our E10.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


BHP Group  (OTCPK:BHPLF) Shiller PE Ratio Explanation

Compared with the regular PE Ratio, which works poorly for cyclical businesses, the Shiller PE Ratio smoothed out the fluctuations of profit margins during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Shiller PE Ratio should give similar results to regular PE Ratio.

Compared with the PS Ratio, the Shiller PE Ratio makes the comparison between different industries more meaningful.


Be Aware

Shiller PE Ratio assumes that over the long term, businesses and profitability revert to their means. If a company's business model does not work in the future compared with the past, Shiller PE Ratio and PS Ratio will give false valuations.


BHP Group Shiller PE Ratio Related Terms

Thank you for viewing the detailed overview of BHP Group's Shiller PE Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


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 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.