BP p.l.c. (BP) P/E Ratio History
Historical price-to-earnings valuation from 1999 to 2026
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BP Valuation Context
How does the current P/E compare to historical and market benchmarks?
P/E Ratio Analysis
As of May 6, 2026, BP p.l.c. (BP) trades at a price-to-earnings ratio of 2187.7x, with a stock price of $44.63 and trailing twelve-month earnings per share of $1.23.
The current P/E is 5254% above its 5-year average of 40.9x. Over the past five years, BP's P/E has ranged from a low of 4.5x to a high of 340.6x, placing the current valuation at the 100th percentile of its historical range.
Compared to the Energy sector median P/E of 16.8x, BP trades at a 12894% premium to its sector peers. The sector includes 173 companies with P/E ratios ranging from 3.2x to 190.3x.
Relative to the broader market, BP commands a significant premium over the S&P 500 median P/E of 25.2x. Investors should consider the company's growth prospects, competitive position, and earnings quality when evaluating whether the current valuation is justified.
For a comprehensive intrinsic value estimate using discounted cash flow analysis, see our BP DCF Valuation Calculator →
Note: P/E ratio is just one valuation metric. It does not account for balance sheet strength, cash flow quality, or growth sustainability. Always conduct comprehensive due diligence before making investment decisions.
BP P/E vs Peers
P/E ratio compared to closely matched public peers
| Company | Market Cap | P/E Ratio | PEG Ratio | EPS Growth (1Y) |
|---|---|---|---|---|
| $630B | 22.2 | -Best | -15% | |
| $369B | 27.9 | -Best | -32% | |
| $247B | 14.5 | -Best | +19% | |
| $200B | 15.6 | -Best | -14% | |
| $79B | 30.6 | -Best | -9% | |
| $145B | 18.7 | -Best | -19% | |
| $72B | 14.8 | -Best | -19% | |
| $29B | 11.1Lowest | -Best | -8% | |
| $55B | 34.2 | -Best | -34% | |
| $72B | 18.5 | -Best | +32%Best |
Peers sorted by market capitalization. P/E below peers may indicate undervaluation or lower growth expectations. Consider PEG ratio for growth-adjusted comparison.
BP Historical P/E Data (1999–2026)
Quarterly P/E ratios calculated from closing price and TTM EPS
| Quarter | Date | Price | TTM EPS | P/E Ratio | vs Avg |
|---|---|---|---|---|---|
| FY2026 Q1 | $47.00 | $1.18 | 39.8x | -12% | |
| FY2025 Q3 | $34.46 | $0.58 | 59.4x | +31% | |
| FY2025 Q2 | Mon Jun 30 2025 00:00:00 GM | $29.93 | $0.21 | 140.0x | +210% |
| FY2024 Q4 | $29.56 | $0.09 | 340.6x | +654% | |
| FY2024 Q3 | Mon Sep 30 2024 00:00:00 GM | $31.39 | $0.96 | 32.8x | -27% |
| FY2024 Q2 | Sun Jun 30 2024 00:00:00 GM | $36.10 | $2.54 | 14.2x | -69% |
| FY2024 Q1 | Sun Mar 31 2024 00:00:00 GM | $37.68 | $3.19 | 11.8x | -74% |
| FY2023 Q4 | Sun Dec 31 2023 00:00:00 GM | $35.40 | $5.09 | 7.0x | -85% |
| FY2023 Q3 | Sat Sep 30 2023 00:00:00 GM | $38.72 | $8.46 | 4.6x | -90% |
| FY2023 Q2 | Fri Jun 30 2023 00:00:00 GM | $35.29 | $6.11 | 5.8x | -87% |
| FY2023 Q1 | Fri Mar 31 2023 00:00:00 GM | $37.94 | $8.34 | 4.5x | -90% |
| FY2021 Q4 | Fri Dec 31 2021 00:00:00 GM | $26.63 | $2.23 | 11.9x | -74% |
Average P/E for displayed period: 45.2x
Full BP Stock Analysis
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Start ComparisonBP — Frequently Asked Questions
Quick answers to the most common questions about buying BP stock.
Is BP stock overvalued or undervalued?
BP trades at 2187.7x P/E, above its 5-year average of 40.9x. The 100th percentile ranking indicates a premium to historical valuation.
How does BP's valuation compare to peers?
BP p.l.c. P/E of 2187.7x compares to sector median of 16.8x. The premium reflects expected growth above peers.
What is BP's PEG ratio?
BP PEG ratio is N/A. Above 2.0 indicates premium valuation relative to growth rate. Historical P/E data spans 1999-2026.