Baker Hughes
BKR
#564
Rank
$37.94 B
Marketcap
$37.93
Share price
1.01%
Change (1 day)
14.45%
Change (1 year)
Baker Hughes Company is an American international industrial service company and one of the world's largest oil field services companies. The company provides the oil and gas industry with products and services for oil drilling, formation evaluation, completion, production and reservoir consulting.

P/E ratio for Baker Hughes (BKR)

P/E ratio as of October 2024 (TTM): 22.6

According to Baker Hughes 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 22.5681. At the end of 2022 the company had a P/E ratio of -49.2.

P/E ratio history for Baker Hughes from 2017 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2022-49.2-28.4%
2021-68.74937.85%
2020-1.36-101.17%
2019116133%
201850.0-215.47%
2017-43.3

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
101 347.53%๐Ÿ‡บ๐Ÿ‡ธ USA

How to read a P/E ratio?

The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.

Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.