As of Oct 21, 2024, the COP stock has a P/E ratio of 11.67. The calculation is based on the latest EPS of $9 and the stock price of $104.99 per share. A decrease of 12% has been observed in the PE ratio compared to its average of 13.2 of the past four quarters.
The mean historical PE ratio of Conocophillips over the last ten years is 14.3. The current 11.67 price-to-earnings ratio is 18% less than the historical average. Analyzing the last ten years, COP's PE ratio reached its highest point in the Jun 2021 quarter at 52.5, with a price of $60.9 and an EPS of $1.16. The Sep 2022 quarter saw the lowest point at 7.34, with a price of $102.34 and an EPS of $13.94.
Maximum annual increase: 58.36% in 2023
Maximum annual decrease: -31.9% in 2022
Year | PE ratio | Change |
---|---|---|
2023 | 12.78 | 58.36% |
2022 | 8.07 | -31.9% |
2021 | 11.85 | N/A |
2020 | N/A | N/A |
2019 | 10.11 | -13.07% |
2018 | 11.63 | N/A |
2017 | N/A | N/A |
2016 | N/A | N/A |
2015 | N/A | N/A |
2014 | 12.47 | 31.13% |
The current PE ratio of COP is above its 3-year average, but it is under its 5 and 10-year averages.
COP's PE ratio is less than its peer stocks XOM and CVX, but it is above DVN's and MRO's. Conocophillips is currently trading at a lower PE ratio (11.67) than its peers average of 11.93.
Stock name | PE ratio | Market cap |
---|---|---|
DVN Devon Energy Corp | 7.27 | $25.23B |
MUR Murphy Oil Corp | 8.73 | $5.05B |
MRO Marathon Oil Corp | 10.37 | $14.91B |
COP Conocophillips | 11.7 | $122.24B |
BP BP plc | 11.96 | $87.59B |
XOM Exxon Mobil Corp | 14.46 | $537.16B |
CVX Chevron Corp | 14.9 | $276.08B |
HES Hess Corp | 16.07 | $42.77B |
COP's price to earnings ratio is 11.67 as of Oct 21, 2024.
As an average over the last 3 years, COP stock has a PE ratio of 10.51.
As an average over the last 5 years, COP stock has a PE ratio of 14.26.
Over the last ten years, the Jun 2021 quarter recorded the highest quarterly PE ratio at 52.5.
COP's current price to earnings ratio is 18% below its 10-year historical average.
The P/E ratio is calculated by dividing the latest price of a stock by its trailing twelve months EPS. As of today (Oct 21, 2024), Conocophillips's share price is $104.99. The company's earnings per share for the trailing twelve months (TTM) ending Jun 2024 is $9. Therefore, Conocophillips's price to earnings ratio for today is 11.67. PE RATIO(11.67) = STOCK PRICE($104.99) / TTM EPS($9)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from and Sharadar.