BP (LTS:0HKP) Shiller PE Ratio: 48.88 (As of Jul. 17, 2026) — 135% Above Median

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.

LTS:0HKP BP PLC LTS:0HKP
69 GF Score
Price $41.06
GF Value $35.68
Valuation Modestly Overvalued
! 6 Warning Signs
View Full Analysis

What is BP Shiller PE Ratio?

BP LTS:0HKP -0.40% 69 Shiller PE Ratio is 48.88 as of Jul. 17, 2026, which is 135% above its 10-year median of 20.76. GuruFocus rates LTS:0HKP with a GF Score™ of 69/100 and a GF Value™ of $35.68 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 432 Oil & Gas companies, BP ranks worse than 87.5% on this metric.

As of today (2026-07-17), BP's current share price is $41.055. BP's E10 for the quarter that ended in Mar. 2026 was $0.84. BP's Shiller PE Ratio for today is 48.88.

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

LTS:0HKP' s Shiller PE Ratio Range Over the Past 10 Years
Min: 10.35   Med: 20.76   Max: 499.95
Current: 48.58

During the past years, BP's highest Shiller PE Ratio was 499.95. The lowest was 10.35. And the median was 20.76.

LTS:0HKP's Shiller PE Ratio is ranked worse than
87.5% of 432 companies
in the Oil & Gas industry
Industry Median: 17.025 vs LTS:0HKP: 48.58

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.

BP's adjusted earnings per share data for the three months ended in Mar. 2026 was $1.472. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $0.84 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


BP  (LTS:0HKP) 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.


BP Shiller PE Ratio Related Terms


BP Shiller PE Ratio Historical Data

* Premium members only.

The historical data trend for BP'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.

BP Shiller PE Ratio Chart

BP Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 32.38 84.03 206.69 79.21 52.14

BP Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 108.20 47.62 51.74 52.14 57.73

LTS:0HKP vs XOM, CVX: Shiller PE Ratio Comparison

For the Oil & Gas Integrated subindustry, BP'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.


BP Shiller PE Ratio vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, BP's Shiller PE Ratio distribution charts can be found below:

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


LTS:0HKP
69GF Score
BP PLC LTS:0HKP
Shiller PE Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

BP 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.

BP's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=41.055/0.84
=48.88

* 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.

BP's E10 for the quarter that ended in Mar. 2026 is calculated as:

For example, BP's adjusted earnings per share data for the three months ended in Mar. 2026 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=1.472/140.8000*140.8000
=1.472

Current CPI (Mar. 2026) = 140.8000.

BP Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201606 -0.456 101.000 -0.636
201609 0.514 101.500 0.713
201612 0.156 102.200 0.215
201703 0.443 102.700 0.607
201706 0.043 103.500 0.058
201709 0.534 104.300 0.721
201712 0.008 105.000 0.011
201803 0.740 105.100 0.991
201806 0.838 105.900 1.114
201809 0.999 106.600 1.320
201812 0.228 107.100 0.300
201903 0.868 107.000 1.142
201906 0.535 107.900 0.698
201909 -0.221 108.400 -0.287
201912 0.005 108.500 0.006
202003 -1.298 108.600 -1.683
202006 -4.999 108.800 -6.469
202009 -0.133 109.200 -0.171
202012 0.401 109.400 0.516
202103 1.373 109.700 1.762
202106 0.918 111.400 1.160
202109 -0.758 112.400 -0.950
202112 0.700 114.700 0.859
202203 -6.268 116.500 -7.575
202206 2.831 120.500 3.308
202209 -0.687 122.300 -0.791
202212 3.502 125.300 3.935
202303 2.704 126.800 3.003
202306 0.601 129.400 0.654
202309 1.655 130.100 1.791
202312 0.129 130.500 0.139
202403 0.795 131.600 0.851
202406 -0.047 133.000 -0.050
202409 0.074 133.500 0.078
202412 -0.740 135.100 -0.771
202503 0.256 136.100 0.265
202506 0.616 138.400 0.627
202509 0.443 138.900 0.449
202512 -1.333 139.900 -1.342
202603 1.472 140.800 1.472

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.

Frequently Asked Questions Learn more about Shiller PE Ratio →
What does a Shiller PE Ratio of 48.88 mean?
BP (LTS:0HKP) has a Shiller PE Ratio of 48.88 as of Jul. 17, 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 BP and its competitors. This is 135% above median its historical median of 20.76. Over the past decade, BP's Shiller PE Ratio has ranged from 10.35 to 499.95. According to the industry distribution chart, BP ranks #378 out of 432 companies in the Oil & Gas industry, placing it in the top 87.5%.
Is BP's Shiller PE Ratio too high?
BP's current Shiller PE Ratio of 48.88 is 135% above median its 10-year median of 20.76. Over the past 10 years, this metric has ranged from a low of 10.35 to a high of 499.95. The Oil & Gas industry median Shiller PE Ratio is 17.03. BP's value of 48.88 is 187.1% above this industry median. Based on the distribution chart, BP ranks #378 out of 432 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, BP has a GF Score™ of 69/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does BP's Shiller PE Ratio compare to XOM and CVX?
According to the Oil & Gas industry distribution chart, BP ranks #378 out of 432 companies for Shiller PE Ratio. This places BP in the lower half of its industry. The industry median Shiller PE Ratio is 17.03. BP's value of 48.88 is 187.1% above this benchmark. Historically, BP's own Shiller PE Ratio has ranged from 10.35 to 499.95 over the past decade. While the company's 10-year median is 20.76 vs. the industry median of 17.03, BP has consistently been above 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 an Oil & Gas company?
The median Shiller PE Ratio among Oil & Gas companies is 17.03, based on 432 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. BP's current Shiller PE Ratio of 48.88 is 187.1% 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 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 BP and its competitors. For the Oil & Gas industry, the median Shiller PE Ratio is 17.03 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. BP's current Shiller PE Ratio is 48.88, which is 135% above median its own 10-year median of 20.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BP stock overvalued right now?
Based on GuruFocus' analysis, BP (LTS:0HKP) is currently considered Modestly Overvalued. The stock's GF Value™ is $35.68, compared to a current price of $41.06 — trading 15.1% above its estimated fair value. The current Shiller PE Ratio is 48.88, which is 135% above median its 10-year median of 20.76 and 187.1% above the Oil & Gas industry median of 17.03. BP's overall GF Score™ is 69/100 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 BP (LTS:0HKP), the current Shiller PE Ratio is 48.88 as of Jul. 17, 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 BP (LTS:0HKP) Overvalued in 2026?

Based on GuruFocus' analysis, BP stock appears to be overvalued. The current stock price of $41.06 is trading 15.1% above its estimated GF Value™ of $35.68. GuruFocus considers BP to be Modestly Overvalued.

Key valuation signals for LTS:0HKP:

  • Shiller PE Ratio: 48.88 (135% above median its 10-year median of 20.76)
  • GF Value™: $35.68 vs. price of $41.06 (15.1% above fair value)
  • GF Score™: 69/100 with 6 warning signs
  • Industry Position: 187.1% above the Oil & Gas median (#378 of 432)

No single metric tells the full story. See the LTS:0HKP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


BP Business Description

Industry EnergyOil & Gas
Address 1 St James\'s Square, London, GBR, SW1Y 4PD
BP is an integrated energy company that explores for, produces, and refines oil and gas around the world. In 2025, it produced 1.2 million barrels of liquids and 6.5 billion cubic feet of natural gas per day. At the end of 2025, proved hydrocarbon reserves stood at 6.2 billion barrels of oil equivalent, 56% of which are liquids. The company operates refineries with a total crude distillation capacity of 1.56 million barrels of oil per day.
69GF Score

Get the complete analysis for LTS:0HKP

Shiller PE Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$41.06
Price
$35.68
GF Value