CVX Chevron PE ratio, current and historical analysis

As of Apr 1, 2025, the Chevron stock's PE ratio is 17.27. This takes into account the latest EPS of $9.76 and stock price of $168.51. The PE ratio marks an increase of 14% from its last 4 quarters average of 15.2.

CVX PE ratio history

How has CVX's PE ratio performed in the past

The PE ratio of Chevron has averaged 26.27 over the last ten years. The current P/E ratio of 17.27 is 34% lower than the historical average. Looking back at the last ten years, CVX's PE ratio peaked in the Mar 2016 quarter at 138.26, when the price was $95.4 and the EPS was $0.69. The lowest point was in the Sep 2022 quarter, when it reached 8.14 with a price of $143.67 and an EPS of $17.65.

Today
17.27
Average
26.27
Median
16.22
Minimum
8.14
Maximum
138.26

Chevron PE ratio by year

Maximum annual increase: 458.15% in 2019

Maximum annual decrease: -45.69% in 2018

Year PE ratio PE change Price EPS
2024 14.84 13.54% $144.84 $9.76
2023 13.07 33.64% $149.16 $11.41
2022 9.78 -32.08% $179.49 $18.36
2021 14.4 N/A $117.35 $8.15
2020 N/A N/A $84.45 -$2.96
2019 77.75 458.15% $120.51 $1.55
2018 13.93 -45.69% $108.79 $7.81
2017 25.65 N/A $125.19 $4.88
2016 N/A N/A $117.7 -$0.27
2015 36.57 232.76% $89.96 $2.46
2014 10.99 -1.61% $112.18 $10.21
2013 11.17 38.59% $124.91 $11.18
2012 8.06 2.54% $108.14 $13.42
2011 7.86 -17.95% $106.4 $13.54
2010 9.58 -34.56% $91.25 $9.53

Chevron PE ratio by quarter (TTM)

Year PE ratio PE change Price EPS
Dec 2024 14.84 -7.88% $144.84 $9.76
Sep 2024 16.11 4.34% $147.27 $9.14
Jun 2024 15.44 6.85% $156.42 $10.13
Mar 2024 14.45 10.56% $157.74 $10.92
Dec 2023 13.07 4.81% $149.16 $11.41
Sep 2023 12.47 25.58% $168.62 $13.52
Jun 2023 9.93 13.23% $157.35 $15.85
Mar 2023 8.77 -10.33% $163.16 $18.61
Dec 2022 9.78 20.15% $179.49 $18.36
Sep 2022 8.14 -15.47% $143.67 $17.65
Jun 2022 9.63 -36.94% $144.78 $15.03
Mar 2022 15.27 6.04% $162.83 $10.66
Dec 2021 14.4 -26.34% $117.35 $8.15
Sep 2021 19.55 -64.91% $101.45 $5.19
Jun 2021 55.71 N/A $104.74 $1.88

CVX average PE ratio chart

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

Currently, CVX's PE ratio is higher than its 3 and 5-year averages, but it is lower than its 10-year average.

3-year avg
12.06
5-year avg
15.84
10-year avg
26.27
15-year avg
19.84

CVX PE vs peers

What is CVX's PE ratio compared to its peers

In comparison to its peers BP and PSX, CVX's PE ratio is lower, but it is higher than XOM's and COP's. Chevron's current PE ratio of 17.27 is lower than the average of its peers, which is 17.84.

Stock name PE ratio Market cap
COP Conocophillips 13.48 $134.1B
XOM Exxon Mobil Corp 15.18 $516.53B
CVX Chevron Corp 17.27 $296.68B
HES Hess Corp 17.86 $49.72B
PSX Phillips 66 24.82 $50.7B
BP BP plc 241.5 $89.5B

Frequently asked questions

What is Chevron's PE ratio?

As of Apr 1, 2025, CVX stock has a price to earnings ratio of 17.27.

What is the 3-year average PE ratio for Chevron (CVX)?

The average PE ratio for CVX stock over the past 3 years is 12.06.

What is the 5-year average PE ratio for Chevron (CVX)?

The average PE ratio for CVX stock over the past 5 years is 15.84.

What is the highest PE ratio for CVX?

Over the last ten years, the quarterly PE ratio reached its highest level at 138.26 in the Mar 2016 quarter.

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

CVX's price to earnings ratio is currently 34% below its 10-year historical average.

How is CVX's PE ratio calculated (Chevron PE ratio formula)?

To determine the P/E ratio, divide the latest stock price by the TTM earnings per share (EPS). As of today (Apr 1, 2025), Chevron's share price is $168.51. The company's earnings per share for the trailing twelve months (TTM) ending Dec 2024 is $9.76. Therefore, Chevron's PE ratio for today is 17.27. PE RATIO(17.27) = STOCK PRICE($168.51) / TTM EPS($9.76)

All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from and Sharadar.