Company Valuation: BP plc

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 87,684 103,896 100,526 77,879 89,106 114,267 - -
Change - 18.49% -3.24% -22.53% 14.42% 28.24% - -
Enterprise Value (EV) 1 126,510 125,318 121,438 100,876 111,288 129,954 123,544 124,319
Change - -0.94% -3.1% -16.93% 10.32% 16.77% -4.93% 0.63%
P/E 12x -43.7x 6.92x 212x 1,713x 7.26x 10.2x 10.8x
PBR 1.2x 1.61x 1.42x 1.32x 1.69x 1.78x 1.66x 1.6x
PEG - 0x -0x -2.2x -20.1x 0x -0.4x -1.97x
Capitalization / Revenue 0.56x 0.43x 0.48x 0.41x 0.47x 0.51x 0.56x 0.57x
EV / Revenue 0.8x 0.52x 0.58x 0.53x 0.59x 0.58x 0.6x 0.62x
EV / EBITDA 3.41x 2.08x 2.83x 2.71x 2.99x 2.63x 2.98x 3.29x
EV / EBIT 5.66x 2.72x 4.49x 4.89x 5.72x 3.94x 5.07x 6.07x
EV / FCF 9.94x 5.09x 6.84x 8.41x 11.2x 6.27x 8.14x 10.8x
FCF Yield 10.1% 19.6% 14.6% 11.9% 8.95% 15.9% 12.3% 9.26%
Dividend per Share 2 0.2163 0.2408 0.2842 0.3127 0.3296 0.3409 0.3554 0.3711
Rate of return 4.83% 4.21% 4.79% 6.36% 5.66% 4.61% 4.81% 5.02%
EPS 2 0.3733 -0.131 0.8585 0.0232 0.0034 1.019 0.7233 0.6837
Distribution rate 57.9% -184% 33.1% 1,348% 9,694% 33.5% 49.1% 54.3%
Net sales 1 157,739 241,392 210,130 189,185 189,335 225,906 205,515 201,648
EBITDA 1 37,147 60,362 42,964 37,246 37,272 49,335 41,452 37,821
EBIT 1 22,342 46,044 27,036 20,624 19,450 32,951 24,356 20,482
Net income 1 7,565 -2,487 15,239 381 55 14,942 11,284 10,342
Net Debt 1 38,826 21,422 20,912 22,997 22,182 15,686 9,277 10,052
Reference price 2 4.475 5.722 5.938 4.920 5.825 7.395 7.395 7.395
Nbr of stocks (in thousands) 19,593,397 18,157,212 16,930,452 15,828,940 15,297,154 15,452,390 - -
Announcement Date 2/8/22 2/7/23 2/6/24 2/11/25 2/10/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
13.66x1.63x6.91x2.58% 660B
19.11x1.58x9.23x0.48% 173B
7.28x0.58x2.63x4.61% 114B
7.74x0.75x5.05x1.25% 111B
6.92x0.8x4.9x1.04% 111B
8.74x0.69x6.35x1.99% 102B
10.52x0.34x5.22x6.7% 90.29B
9.73x1.9x4.87x2.51% 79.89B
11.7x1.44x7.62x1.98% 59.43B
Average 10.60x 1.08x 5.86x 2.57% 166.82B
Weighted average by Cap. 12.05x 1.29x 6.35x 2.46%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA



Year-on-year evolution of the Yield