Pilbara Minerals vs BHP Group: Fair Value & Quality
Both stocks run through our valuation models. Here is how Pilbara Minerals (PLS) and BHP Group (BHP) compare, as of Aug 27, 2026.
As of Aug 27, 2026, Fair Value Calculator sees BHP Group as the less overvalued of the two: Pilbara Minerals trades at A$5.15 versus a fair value of A$2.77 (-46%), while BHP Group trades at £35.35 versus £19.35 (-45%).
Pilbara Minerals
PLS.AU · AUD · Materials
-46%
upside to fair value
overvalued
PriceA$5.15
Fair ValueA$2.77
Quality73/100
BHP Group
BHP.LSE · GBX · Materials
-45%
upside to fair value
overvalued
Price£35.35
Fair Value£19.35
Quality64/100
Get comparisons like this free by email every month: the most undervalued quality stocks.
Head-to-head numbers
Green value = the better side for that row (for valuation multiples: lower = cheaper).
Pilbara MineralsBHP Group
Valuation
33.1×P/E (TTM)19.8×
6.33×P/S (TTM)3.88×
3.00×P/B4.53×
10.2×EV/EBITDA8.3×
—Dividend yield3.8%
—Dividend per share£1.33
Profitability
27%Net margin19%
55%Operating margin41%
14%Return on equity25%
10%Return on assets12%
Growth
282%Revenue growth (YoY)11%
-21.9%Avg. growth/yr (3Y)-7.7%
61.6%Avg. growth/yr (5Y)3.6%
Balance & size
0.21×Debt / equity0.44×
$12BMarket cap$209B
mixedGrowth qualityexpensive
Even match: 6 to 6 metric wins.
Dash = not meaningfully computable, for example with negative equity.
Quality in detail
The quality score, broken down into the same factor families as on the stock page, 0 to 100 per family.
Pilbara Mineralsof which business quality 74 · market factors 58BHP Groupof which business quality 63 · market factors 79
ProfitabilityMargins and returns on capital today
50
58
Quality GrowthAre margins and returns improving?
100
34
CashflowEarnings quality: real cash, not paper profit
InvestmentDisciplined investing over empire-building
51
61
Low VolatilityCalm price path (market factor)
43
70
MomentumPrice trend over the last 3–12 months (market factor)
54
73
52W MomentumDistance to the 52-week high (market factor)
83
100
Net IssuanceBuybacks instead of dilution
43
81
What the models say
The median fair value (base case) per model family, each in the currency of its trading venue. Green = above the current price, red = below.
Pilbara Minerals
MultiplesA$0.79
Asset-BasedA$0.73
2 of 2 models see the stock below the current price.
BHP Group
DCF Models£27.19
Earnings-Based£25.15
Dividend Discount£19.67
Multiples£28.74
Asset-Based£6.10
Growth DCF£22.49
Economic Profit£20.84
Growth Earnings£25.38
21 of 25 models see the stock below the current price.
Scenario ranges
From our cautious bear case to the optimistic bull case. The white tick is the current price: left of fair value means room to run.
Pilbara Minerals
Bear A$2.08Fair Value A$2.77Bull A$4.13
A$5.15 = current price (white tick)
BHP Group
Bear £12.88Fair Value £19.35Bull £27.71
£35.35 = current price (white tick)
Compare two other stocks
Tap a field and type again, ticker or company name.
Free, no sign-up
Ranked within their sector
Where each stock sits within its sector peer group. Band = middle 50% of peers, tick = median, dot = this stock.
Pilbara Minerals · Materials
Quality score73 · Top 25%
Fair value upside-46% · below median
BHP Group · Materials
Quality score64 · Top 25%
Fair value upside-45% · below median
Bottom line
As of Aug 27, 2026, Fair Value Calculator sees BHP Group as the less overvalued of the two: Pilbara Minerals trades at A$5.15 versus a fair value of A$2.77 (-46%), while BHP Group trades at £35.35 versus £19.35 (-45%).
Pilbara Minerals has the higher quality score (73/100).
Just your email for the monthly Top-25 report of the most undervalued quality stocks, with fair value, quality and price target. Plus 14 days of Pro to try, no card.
Free. You confirm by email (double opt-in) and can unsubscribe anytime in one click. Not financial advice.
A model-based valuation snapshot from 26 models. Values change with price and fundamentals; the date shown above applies.
