Baker Hughes Co (BKR)

Oil & Gas Field Machinery & Equipment

Latest Price

$55.23

TTM P/E

Normalized P/E

TTM Div Yield

Fwd Div Yield

Book Value

20.28

P/B Ratio

2.72

Valuation metrics

EPS: $2.98

Book value / share: $19.06

Formula: √(22.5 × EPS × BVPS)

Graham Number

$35.75

35% downside

Norm. op. income: $1.2B (median of 6yr)

Tax rate: 17%

Discount rate: 10%

Growth assumption: zero (EPV is a no-growth value)

Earnings Power Value

$8.04

85% downside

Base FCF: $1.8B (median of recent 5yr)

Growth: 18%/yr (median YOY, capped at 25%)

Discount rate: 10%

Terminal growth: 3%

Projection horizon: 10 years

DCF Fair Value

$78.53

+42% upside

EPS: $2.98

Target P/E: 15×

Formula: EPS × P/E

P/E Fair Value

$44.70

19% downside

96.8% held by institutions

Institution	Shares	Value	Ownership %	Change	Filing Date
BlackRock, Inc.	99.12M	$5.50B	9.98%	+1.59M	2026-06-30
JPMorgan Chase & Co	69.94M	$3.94B	7.04%	-16.89M	2026-06-30
Vanguard Capital Management LLC	64.83M	$3.60B	6.53%	+602.6K	2026-06-30
State Street Corp	64.58M	$3.58B	6.50%	-374.4K	2026-06-30
Vanguard Portfolio Management LLC	49.05M	$2.72B	4.94%	+262.7K	2026-06-30
Capital World Investors	47.48M	$2.63B	4.78%	-953.6K	2026-06-30
Invesco Ltd.	35.34M	$1.96B	3.56%	+20.66M	2026-06-30
Dodge & Cox	34.85M	$1.93B	3.51%	-1.02M	2026-06-30
Geode Capital Management, LLC	27.33M	$1.51B	2.75%	+486.8K	2026-06-30
Capital Research Global Investors	22.03M	$1.22B	2.22%	+68.8K	2026-06-30