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COP Conocophillips PE ratio, current and historical analysis

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.

COP PE ratio history

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

Conocophillips PE ratio by year

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%

COP average PE ratio chart

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

COP PE vs peers

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

Frequently asked questions

What is Conocophillips's PE ratio?

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

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

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

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

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

What is the highest PE ratio for COP?

Over the last ten years, the Jun 2021 quarter recorded the highest quarterly PE ratio at 52.5.

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

COP's current price to earnings ratio is 8% below its 10-year historical average.

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

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.