BHP Group Limited American Depositary Shares (Each representing two Ordinary Shares) (BHP) Valuation
Historical valuation analysis based on 1280 data points (2021-09-13 to 2026-10-16)
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...
BHP Group Limited American Depositary Shares (Each representing two Ordinary Shares) (BHP) currently trades at a P/E ratio of 21.53 (historical range: 3.89–26.22, median: 15.22), placing it at the 90th percentile — expensive relative to its history, P/S ratio of 3.60 (range: 1.83–4.61, 89th percentile — expensive relative to its history), EV/EBITDA of 8.96 (range: 4.05–13.23, 85th percentile).
Over the historical period (2021-09-13 to 2026-10-16), BHP Group Limited American Depositary Shares (Each representing two Ordinary Shares)'s P/E ratio has expanded by 68% over the observed period (from an average of 10.4 to 17.6).
BHP Group Limited American Depositary Shares (Each representing two Ordinary Shares) trades well above its own historical valuation range across most metrics.
Historical Valuation Metrics
| Metric | Current | Median | %ile | Assessment |
|---|---|---|---|---|
| P/E Ratio | 21.53 | 15.22 | 90th | expensive relative to its history |
| P/S Ratio | 3.60 | 2.66 | 89th | expensive relative to its history |
| EV/EBITDA | 8.96 | 7.24 | 85th | expensive relative to its history |
| FCF Yield | 5.44% | 7.32% | 7th | expensive relative to its history |
BHP Group Limited American Depositary Shares (Each representing two Ordinary Shares) (BHP) Valuation & P/E History
BHP Group Limited American Depositary Shares (Each representing two Ordinary Shares) (BHP) is a US-listed stock operating in the Basic Materials sector currently trading at $83.29 with a market capitalization of $211.7 billion. This page provides historical valuation analysis for BHP based on 1280 data points covering 2021-09-13 to 2026-10-16. The P/E ratio of 21.53 is above the historical median of 15.22, placing BHP at the 90th percentile of its valuation range. The P/S ratio of 3.60 compares to a median of 2.66.
BHP Valuation Metrics & Historical Range
The valuation table above shows BHP Group Limited American Depositary Shares (Each representing two Ordinary Shares)'s current and historical valuation multiples, including P/E ratio, P/S ratio, EV/EBITDA, FCF yield, and dividend yield. Each metric is compared to its own historical range to determine whether BHP is currently trading above or below its typical valuation levels.
- P/E ratio: Price-to-earnings measures how much investors pay per dollar of earnings. A P/E above the historical median suggests BHP is expensively valued; below the median suggests it is cheap.
- P/S ratio: Price-to-sales is useful for companies with volatile or negative earnings. Lower P/S relative to history may indicate value.
- EV/EBITDA: Enterprise value to EBITDA adjusts for debt and cash, providing a capital-structure-neutral valuation measure for BHP Group Limited American Depositary Shares (Each representing two Ordinary Shares).
- FCF yield: Free cash flow yield shows the cash return relative to market price. Higher yields may indicate undervaluation.
Is BHP Overvalued or Undervalued?
BHP Group Limited American Depositary Shares (Each representing two Ordinary Shares) trades well above its own historical valuation range across most metrics. The overall valuation percentile of 88 combines P/E, P/S, and EV/EBITDA percentiles into a single measure of how expensive BHP is relative to its own history. A percentile below 25 suggests the stock may be undervalued, while a percentile above 75 suggests it may be overvalued.
However, valuation is only one factor in investment decisions. A stock can remain "overvalued" for years if growth accelerates, or "undervalued" if the business deteriorates. Always combine valuation analysis with financial statement analysis and the full BHP analysis page for a complete picture.
Valuation data is computed from historical price and fundamental data via Polygon.io and Finnhub.BHP trades on NYSE/NASDAQ. This page is for informational purposes only and is not financial advice.