Is Baker Hughes Co. overvalued or undervalued?

As of 17 October 2025, the valuation grade for Baker Hughes Co. has moved from attractive to very attractive, indicating a strong improvement in its valuation outlook. 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 higher P/E of 12.04 and an EV to EBITDA of 8.41, suggesting that Baker Hughes Co. is trading at a discount relative to its competition.
In terms of performance, Baker Hughes Co. has outperformed the S&P 500 over the past year with a return of 22.51% compared to the index's 14.08%. This strong performance, combined with its attractive valuation ratios, reinforces the view that the stock is undervalued in the current market.