Back to COP overview
#
COP Conocophillips
PE ratio, current and historical analysis

## COP PE ratio history

### Conocophillips PE ratio by year

## COP average PE ratio chart

## COP PE vs peers

## Frequently asked questions

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What is Conocophillips's PE ratio?

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What is the 3-year average PE ratio for Conocophillips (COP)?

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What is the 5-year average PE ratio for Conocophillips (COP)?

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What is the highest PE ratio for COP?

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How does the current PE ratio for COP compare to its historical average?

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How is COP's PE ratio calculated (Conocophillips PE ratio formula)?

As of Jul 16, 2024, the COP stock has a P/E ratio of 13.02. The calculation is based on the latest EPS of $8.85 and the stock price of $115.19 per share. An increase of 4% has been observed in the PE ratio compared to its average of 12.5 of the past four quarters.

How has COP's PE ratio performed in the past

The mean historical PE ratio of Conocophillips over the last ten years is 14.19. The current 13.02 price-to-earnings ratio is 8% 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.

Average

14.19

Median

11.63

Minimum

7.34

Maximum

52.5

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% |

What is the average PE ratio of COP for the past years

The current PE ratio of COP is above its 3-year average, but it is under its 5 and 10-year averages.

3-year avg

11.19

5-year avg

13.94

10-year avg

14.19

15-year avg

12.2

What is COP's PE ratio compared to its peers

COP's PE ratio is less than its peer stocks XOM and CVX, but it is above BP's and DVN's. Conocophillips is currently trading at a lower PE ratio (13.02) than its peers average of 13.55.

Stock name | PE ratio | Market cap |
---|---|---|

DVN Devon Energy Corp | 9.15 | $30.49B |

BP BP plc | 10.57 | $98.38B |

MUR Murphy Oil Corp | 11.57 | $6.39B |

MRO Marathon Oil Corp | 11.97 | $16.34B |

COP Conocophillips | 13.02 | $134.72B |

XOM Exxon Mobil Corp | 14.22 | $457.55B |

CVX Chevron Corp | 14.45 | $291.4B |

HES Hess Corp | 22.95 | $46.38B |

COP's price to earnings ratio is 13.02 as of Jul 16, 2024.

As an average over the last 3 years, COP stock has a PE ratio of 11.19.

As an average over the last 5 years, COP stock has a PE ratio of 13.94.

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 8% 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 (Jul 16, 2024), Conocophillips's share price is $115.19. The company's earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $8.85. Therefore, Conocophillips's price to earnings ratio for today is 13.02. `PE RATIO(13.02) = STOCK PRICE($115.19) / TTM EPS($8.85)`

All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.