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BHP GroupCHIX:BHPL -1.57%73 Shiller PE Ratio is 18.18 as of Sep. 22, 2026, which is 10% above its 10-year median of 16.47. GuruFocus rates CHIX:BHPL with a GF Score™ of 73/100 and a GF Value™ of £23.94 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 413 Metals & Mining companies, BHP Group ranks better than 71.67% on this metric.
As of today (2026-09-22), BHP Group's current share price is £31.97. BHP Group's E10 for the fiscal year that ended in Jun26 was £1.76. BHP Group's Shiller PE Ratio for today is 18.18.
The historical rank and industry rank for BHP Group's Shiller PE Ratio or its related term are showing as below:
CHIX:BHPl'
s Shiller PE Ratio Range Over the Past 10 Years
Min: 7.81 Med: 16.47 Max: 26.46
Current: 17.42
During the past 13 years, BHP Group's highest Shiller PE Ratio was 26.46. The lowest was 7.81. And the median was 16.47.
CHIX:BHPl's Shiller PE Ratio is ranked better than 71.67% of 413
companies
in the Metals & Mining industry
Industry Median: 30.61
vs CHIX:BHPl: 17.42
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 Jun26 was £1.440. 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 Jun26.
Shiller PE for Stocks: The True Measure of Stock Valuation
BHP Group (CHIX:BHPl) 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
BHP Group Shiller PE Ratio Historical Data
* Premium members only.
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.
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 Shiller PE Ratio vs 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.
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
* 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 Jun26 is calculated as:
For example, BHP Group's adjusted earnings per share data for the fiscal year that ended in Jun26 was:
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 (CHIX:BHPL) has a Shiller PE Ratio of 18.18 as of Sep. 22, 2026. Shiller price-earnings ratio is the ratio of share price to a company's inflation-adjusted earnings over a 10-year period. View historical data on BHP Group and its competitors. This is 10% above median its historical median of 16.47. Over the past decade, BHP Group's Shiller PE Ratio has ranged from 7.81 to 26.46. According to the industry distribution chart, BHP Group ranks #117 out of 413 companies in the Metals & Mining industry, placing it in the top 28.3%.
Is BHP Group's Shiller PE Ratio too high?
BHP Group's current Shiller PE Ratio of 18.18 is 10% above median its 10-year median of 16.47. Over the past 10 years, this metric has ranged from a low of 7.81 to a high of 26.46. The Metals & Mining industry median Shiller PE Ratio is 30.61. BHP Group's value of 18.18 is 40.6% below this industry median. Based on the distribution chart, BHP Group ranks #117 out of 413 companies in the Metals & Mining industry, which is above the industry midpoint. Overall, BHP Group has a GF Score™ of 73/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does BHP Group's Shiller PE Ratio compare to competitors?
According to the Metals & Mining industry distribution chart, BHP Group ranks #117 out of 413 companies for Shiller PE Ratio. This puts BHP Group in the upper half of its industry. The industry median Shiller PE Ratio is 30.61. BHP Group's value of 18.18 is 40.6% below this benchmark. Historically, BHP Group's own Shiller PE Ratio has ranged from 7.81 to 26.46 over the past decade. While the company's 10-year median is 16.47 vs. the industry median of 30.61, BHP Group has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Shiller PE Ratio for a Metals & Mining company?
The median Shiller PE Ratio among Metals & Mining companies is 30.61, based on 413 companies in the industry. Companies in the top quartile (top 25%) have a Shiller PE Ratio significantly above this median, while those in the bottom quartile fall well below. However, Shiller PE Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. BHP Group's current Shiller PE Ratio of 18.18 is 40.6% below 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 Shiller PE Ratio mean?
A high Shiller PE Ratio can signal that a stock is expensive relative to its fundamentals. Shiller price-earnings ratio is the ratio of share price to a company's inflation-adjusted earnings over a 10-year period. View historical data on BHP Group and its competitors. For the Metals & Mining industry, the median Shiller PE Ratio is 30.61 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. BHP Group's current Shiller PE Ratio is 18.18, which is 10% above median its own 10-year median of 16.47. 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 £23.94, compared to a current price of £31.97 — trading 33.5% above its estimated fair value. The current Shiller PE Ratio is 18.18, which is 10% above median its 10-year median of 16.47 and 40.6% below the Metals & Mining industry median of 30.61. BHP Group's overall GF Score™ is 73/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Shiller PE Ratio calculated?
Shiller PE Ratio is calculated from a company's financial statements. For BHP Group (CHIX:BHPL), the current Shiller PE Ratio is 18.18 as of Sep. 22, 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 £31.97 is trading 33.5% above its estimated GF Value™ of £23.94.
GuruFocus considers BHP Group to be Significantly Overvalued.
Key valuation signals for CHIX:BHPL:
Shiller PE Ratio: 18.18 (10% above median its 10-year median of 16.47)
GF Value™: £23.94 vs. price of £31.97 (33.5% above fair value)
Industry Position: 40.6% below the Metals & Mining median (#117 of 413)
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.
73GF Score
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