As an amazing quality musician, and singer songwriter, Billie Joe has always been a natural entertainer, always expressed at live shows. I think that came across in his acting role in Ordinary World. The film wasn't well received by the critics, but Frank Scheck of The Hollywood Reporter after its release called it "raggedly enjoyable thanks to the unexpected charms of its leading man."
I really liked the film, a lighthearted story with a happy ending, it was fun, cool.
Yes, I think he would excel as an actor if he wanted to go down that road sometime in the future.