BHP Book Value Per Share from 2010 to 2024
| BHP Stock | USD 58.25 0.16 0.27% |
Book Value Per Share | First Reported 2010-12-31 | Previous Quarter 3.13176546 | Current Value 2.98 | Quarterly Volatility 6.19107771 |
Check BHP Group financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among BHP main balance sheet or income statement drivers, such as Depreciation And Amortization of 6.1 B, Interest Expense of 743.6 M or Selling General Administrative of 3.6 B, as well as many exotic indicators such as Price To Sales Ratio of 1.66, Dividend Yield of 0.0283 or PTB Ratio of 2.16. BHP financial statements analysis is a perfect complement when working with BHP Group Valuation or Volatility modules.
BHP | Book Value Per Share |
Latest BHP Group's Book Value Per Share Growth Pattern
Below is the plot of the Book Value Per Share of BHP Group Limited over the last few years. It is the ratio of equity available to common shareholders divided by the number of outstanding shares. This measure represents the value per share of a company according to its financial statements. BHP Group's Book Value Per Share historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in BHP Group's overall financial position and show how it may be relating to other accounts over time.
| View | Last Reported 8.17 X | 10 Years Trend |
|
Book Value Per Share |
| Timeline |
BHP Book Value Per Share Regression Statistics
| Arithmetic Mean | 14.31 | |
| Geometric Mean | 12.08 | |
| Coefficient Of Variation | 43.27 | |
| Mean Deviation | 4.94 | |
| Median | 17.77 | |
| Standard Deviation | 6.19 | |
| Sample Variance | 38.33 | |
| Range | 17.2945 | |
| R-Value | (0.03) | |
| Mean Square Error | 41.24 | |
| R-Squared | 0 | |
| Significance | 0.91 | |
| Slope | (0.04) | |
| Total Sum of Squares | 536.61 |
BHP Book Value Per Share History
Other Fundumenentals of BHP Group Limited
BHP Group Book Value Per Share component correlations
Click cells to compare fundamentals
About BHP Group Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include BHP Group income statement, its balance sheet, and the statement of cash flows. BHP Group investors use historical funamental indicators, such as BHP Group's Book Value Per Share, to determine how well the company is positioned to perform in the future. Although BHP Group investors may use each financial statement separately, they are all related. The changes in BHP Group's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on BHP Group's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on BHP Group Financial Statements. Understanding these patterns can help to make the right decision on long term investment in BHP Group. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 3.13 | 2.98 | |
| Tangible Book Value Per Share | 3.33 | 3.16 |
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
| 0.66 | MP | MP Materials Corp Financial Report 2nd of May 2024 | PairCorr |
| 0.74 | NB | NioCorp Developments | PairCorr |
| 0.78 | VZLA | Vizsla Resources Corp Financial Report 18th of July 2024 | PairCorr |
Moving against BHP Stock
| 0.6 | IPX | IperionX Limited American | PairCorr |
| 0.55 | ELBM | Electra Battery Materials Financial Report 8th of May 2024 | PairCorr |
| 0.41 | NMG | Nouveau Monde Graphite Financial Report 8th of May 2024 | PairCorr |
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.Check out the analysis of BHP Group Correlation against competitors. Note that the BHP Group Limited information on this page should be used as a complementary analysis to other BHP Group's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
Complementary 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.
| Options Analysis Analyze and evaluate options and option chains as a potential hedge for your portfolios | |
| Balance Of Power Check stock momentum by analyzing Balance Of Power indicator and other technical ratios | |
| Pattern Recognition Use different Pattern Recognition models to time the market across multiple global exchanges | |
| Content Syndication Quickly integrate customizable finance content to your own investment portal | |
| Portfolio Manager State of the art Portfolio Manager to monitor and improve performance of your invested capital |
Is BHP Group's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of BHP Group. If investors know BHP will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about BHP Group listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.86) | Dividend Share 1.52 | Earnings Share 2.92 | Revenue Per Share 21.974 | Quarterly Revenue Growth 0.057 |
The market value of BHP Group Limited is measured differently than its book value, which is the value of BHP that is recorded on the company's balance sheet. Investors also form their own opinion of BHP Group's value that differs from its market value or its book value, called intrinsic value, which is BHP Group's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because BHP Group's market value can be influenced by many factors that don't directly affect BHP Group's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between BHP Group's value and its price as these two are different measures arrived at by different means. Investors typically determine if BHP Group is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, BHP Group's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.