P/E Ratio
Updated 108h ago
Sector Performance
61th percentileBP
29.6x
Sector Median
24.7x
Sector Avg
36.0x
Deep Analysis
The P/E ratio compares a stock’s price to its earnings per share; a P/E of 29.6x means investors pay $29.60 for every $1 of BP’s annual earnings.
This is above the sector median of 24.5x, placing BP in the 62nd percentile among its sector peers—meaning it is more expensive than 62% of similar companies. Over the last eight quarters the trend is decreasing, with a quarter-over-quarter drop of 17.6% (from 35.9x to 29.6x); year-over-year change is not available. A high P/E that is declining suggests the market is gradually lowering its earnings growth expectations, which may reduce valuation risk if earnings hold steady. The combination of above-median valuation with a declining trend does not clearly signal an extreme overvaluation or bargain. This metric supports the overall NEUTRAL verdict because the premium over peers is narrowing, balancing potential downside risk with improving affordability.
Frequently Asked Questions
What does the P/E Ratio tell investors about BP?
Measures how much investors pay per dollar of earnings. A high P/E signals growth expectations; a low P/E may indicate undervaluation or slow growth.
How is the P/E Ratio calculated?
P/E Ratio is calculated as: Price / EPS.
Who are BP's closest peers by P/E Ratio?
The closest peers by P/E Ratio include: VICI (9.1x), OMF (9.0x), JACK (8.5x), GIS (8.4x), FIS (8.4x).
The Formula
Price / EPS
Why It Matters
Measures how much investors pay per dollar of earnings. A high P/E signals growth expectations; a low P/E may indicate undervaluation or slow growth.
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29.6x
Sector Median
24.7x
Sector Avg
36.0x
How BP's P/E Ratio compares to sector peers.
Also Analyze
Not financial advice. Research tool only. Data may be delayed.