Is Baker Hughes Co. overvalued or undervalued?

As of 30 July 2025, the valuation grade for Baker Hughes Co. has moved from fair to attractive, indicating a positive shift in its perceived value. The company appears to be undervalued, supported by a P/E ratio of 12, a PEG ratio of 0.23, and an EV to EBITDA ratio of 8.48, which are all favorable compared to its peers. For instance, SLB has a P/E ratio of 12.04 and an EV to EBITDA of 8.41, suggesting that Baker Hughes Co. offers a more attractive valuation relative to its competitors.
In terms of performance, Baker Hughes Co. has outperformed the S&P 500 over the past year with a return of 36.37% compared to the index's 17.14%. This strong performance, coupled with its attractive valuation ratios, reinforces the conclusion that Baker Hughes Co. is currently undervalued in the market.