Are BHP shares or QBE shares better value in 2026?

Group 1: BHP Group Ltd - BHP share price has increased by 18.7% since the beginning of 2025, indicating strong market performance [1] - BHP is a diversified natural resources company founded in 1885, focusing on mineral exploration and production, particularly in copper, iron ore, and coal [2] - BHP is considered a stable, dividend-paying investment and is commonly included in ASX share portfolios [3] Group 2: Financial Metrics of BHP - For FY24, BHP reported a debt/equity ratio of 45.3%, indicating more equity than debt [6] - BHP has delivered an average dividend yield of 6.9% per year over the last 5 years, appealing for income-focused investors [6] - The company reported a return on equity (ROE) of 19.7% for FY24, exceeding the typical threshold of 10% for mature businesses [6] Group 3: QBE Insurance Group Ltd - QBE started as a marine insurance company and has grown into one of Australia's largest insurers, operating in 27 countries [4] - Approximately 30% of QBE's revenue is generated domestically, with another 30% from the United States and the remainder primarily from Europe [4] Group 4: Financial Metrics of QBE - QBE reported a debt/equity ratio of 27.0% in CY24, indicating more equity than debt [7] - The company has achieved an average dividend yield of 2.8% per year since 2019, which is lower than BHP's yield [7] - QBE reported an ROE of 17.2% in CY24, demonstrating strong profitability [7]