BHP Historical Financial Ratios
BHP Stock | USD 52.46 0.10 0.19% |
BHP Group is presently reporting on over 101 different financial statement accounts. To analyze all of these accounts together requires a lot of time and effort. However, using these accounts to derive some meaningful and actionable indicators such as Dividend Yield of 0.0266, PTB Ratio of 2.26 or Days Sales Outstanding of 50.51 will help investors to properly organize and evaluate BHP Group Limited financial condition quickly.
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About BHP Financial Ratios Analysis
BHP Group LimitedFinancial ratios are relationships based on a company's financial information. They can serve as useful tools to evaluate BHP Group investment potential. Financial ratio analysis can also be defined as the process of presenting financial ratios, which are mathematical indicators calculated by comparing key financial information appearing on BHP financial statements. Financial ratios are useful tools that help investors analyze and compare relationships between different pieces of financial information across BHP Group history.
BHP Group Financial Ratios Chart
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Price To Sales Ratio
Price to Sales Ratio is figured by comparing BHP Group Limited stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on BHP Group sales, a figure that is much harder to manipulate than other BHP Group Limited multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company's stock price to its revenues, calculated by dividing the company's market cap by its total sales or revenue over a 12-month period.Dividend Yield
Dividend Yield is BHP Group Limited dividend as a percentage of BHP Group stock price. BHP Group Limited dividend yield is a measure of BHP Group stock productivity, which can be interpreted as interest rate earned on an BHP Group investment. A financial ratio that shows how much a company pays out in dividends each year relative to its stock price, calculated as annual dividends per share divided by price per share.Ptb Ratio
Price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on the company's equity relative to its net asset value.Most ratios from BHP Group's fundamentals are interrelated and interconnected. However, analyzing fundamentals ratios one by one will only give a small insight into BHP Group Limited current financial condition. On the other hand, looking into the entire matrix of fundamentals ratios, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in BHP Group Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate. At this time, BHP Group's EV To Operating Cash Flow is relatively stable compared to the past year. As of 11/26/2024, EV To Free Cash Flow is likely to grow to 30.92, while PTB Ratio is likely to drop 2.26.
2022 | 2023 | 2024 (projected) | Dividend Yield | 0.0874 | 0.0523 | 0.0266 | Price To Sales Ratio | 2.82 | 2.62 | 1.02 |
BHP Group fundamentals Correlations
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BHP Group Account Relationship Matchups
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BHP Group fundamentals Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Price To Sales Ratio | 3.03 | 2.6 | 2.89 | 2.82 | 2.62 | 1.02 | |
Dividend Yield | 0.0616 | 0.0481 | 0.12 | 0.0874 | 0.0523 | 0.0266 | |
Ptb Ratio | 2.84 | 2.33 | 3.21 | 3.41 | 3.27 | 2.26 | |
Days Sales Outstanding | 28.6 | 38.85 | 30.42 | 31.16 | 33.67 | 50.51 | |
Book Value Per Share | 10.29 | 10.97 | 9.62 | 9.57 | 9.67 | 1.7 | |
Free Cash Flow Yield | 0.0723 | 0.13 | 0.18 | 0.0765 | 0.0808 | 0.05 | |
Operating Cash Flow Per Share | 3.1 | 5.37 | 6.34 | 3.69 | 4.07 | 0.65 | |
Stock Based Compensation To Revenue | 0.002096 | 0.001546 | 0.001674 | 0.001802 | 0.001999 | 0.00323 | |
Capex To Depreciation | 1.26 | 1.14 | 1.09 | 1.4 | 1.66 | 1.18 | |
Pb Ratio | 2.84 | 2.33 | 3.21 | 3.41 | 3.27 | 2.26 | |
Ev To Sales | 2.92 | 2.99 | 2.21 | 3.01 | 2.75 | 1.57 | |
Free Cash Flow Per Share | 1.59 | 4.23 | 5.14 | 2.29 | 2.33 | 0.18 | |
Inventory Turnover | 6.23 | 5.49 | 5.17 | 5.14 | 5.01 | 9.27 | |
Net Income Per Share | 1.57 | 2.23 | 4.48 | 2.55 | 1.56 | (0.42) | |
Days Of Inventory On Hand | 66.52 | 70.6 | 70.96 | 72.85 | 214.22 | 39.38 | |
Payables Turnover | 3.9 | 4.51 | 4.74 | 4.15 | 1.48 | 7.96 | |
Sales General And Administrative To Revenue | 0.0848 | 0.0765 | 0.0709 | 0.0919 | 0.2 | 0.21 | |
Capex To Revenue | 0.16 | 0.18 | 0.1 | 0.0939 | 0.13 | 0.14 | |
Pocfratio | 7.11 | 6.03 | 4.49 | 8.12 | 7.1 | 5.45 | |
Interest Coverage | 13.07 | 44.74 | 52.75 | 19.33 | 8.04 | (5.27) | |
Payout Ratio | 0.86 | 0.7 | 0.78 | 1.03 | 0.97 | (0.22) | |
Capex To Operating Cash Flow | 0.49 | 0.21 | 0.19 | 0.38 | 0.43 | 0.73 | |
Pfcf Ratio | 13.84 | 7.67 | 5.54 | 13.07 | 12.37 | 20.01 | |
Days Payables Outstanding | 93.54 | 81.02 | 77.07 | 87.87 | 246.97 | 45.85 | |
Income Quality | 1.97 | 2.36 | 1.59 | 1.45 | 1.29 | (1.55) | |
Ev To Operating Cash Flow | 7.97 | 6.24 | 4.46 | 8.65 | 7.47 | 8.42 | |
Pe Ratio | 14.03 | 14.54 | 6.35 | 11.76 | 18.57 | (8.45) | |
Return On Tangible Assets | 0.0773 | 0.11 | 0.25 | 0.13 | 0.0785 | (0.0742) | |
Ev To Free Cash Flow | 15.53 | 7.94 | 5.51 | 13.93 | 13.02 | 30.92 | |
Earnings Yield | 0.0713 | 0.0688 | 0.16 | 0.0851 | 0.0539 | (0.12) | |
Intangibles To Total Assets | 0.0262 | 0.0242 | 0.027 | 0.0296 | 0.0168 | 0.005574 | |
Current Ratio | 2.51 | 1.89 | 1.45 | 1.63 | 1.69 | 1.7 | |
Tangible Book Value Per Share | 9.74 | 10.45 | 9.11 | 8.98 | 9.33 | 1.66 | |
Receivables Turnover | 12.76 | 9.39 | 12.0 | 11.71 | 10.84 | 7.23 | |
Graham Number | 18.26 | 22.53 | 29.91 | 22.42 | 17.57 | 3.84 |
Pair Trading with BHP Group
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if BHP Group position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in BHP Group will appreciate offsetting losses from the drop in the long position's value.Moving together with BHP Stock
Moving against BHP Stock
The ability to find closely correlated positions to BHP Group could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace BHP Group when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back BHP Group - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling BHP Group Limited to buy it.
The correlation of BHP Group is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as BHP Group moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if BHP Group Limited moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for BHP Group can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for BHP Stock Analysis
When running BHP Group's price analysis, check to measure BHP Group's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy BHP Group is operating at the current time. Most of BHP Group's value examination focuses on studying past and present price action to predict the probability of BHP Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move BHP Group's price. Additionally, you may evaluate how the addition of BHP Group to your portfolios can decrease your overall portfolio volatility.