As of Jun 27, 2025, the Chevron stock's PE ratio is 16.38. This takes into account the latest EPS of $8.78 and stock price of $143.79. The PE ratio at present is nearly equal to the average from the previous 4 quarters.
The PE ratio of Chevron has averaged 26.05 over the last ten years. The current P/E ratio of 16.38 is 37% 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.
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 |
Year | PE ratio | PE change | Price | EPS |
---|---|---|---|---|
Mar 2025 | 19.05 | 28.37% | $167.29 | $8.78 |
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 |
Currently, CVX's PE ratio is higher than its 3 and 5-year averages, but it is lower than its 10-year average.
In comparison to its peers PSX and HES, CVX's PE ratio is lower, but it is higher than XOM's and COP's. Chevron's current PE ratio of 16.38 is lower than the average of its peers, which is 17.99.
Stock name | PE ratio | Market cap |
---|---|---|
COP Conocophillips | 11.43 | $113.83B |
XOM Exxon Mobil Corp | 14.51 | $471.39B |
CVX Chevron Corp | 16.38 | $251.11B |
HES Hess Corp | 19.14 | $42.98B |
PSX Phillips 66 | 26.86 | $48.6B |
BP BP plc | N/A | $79.98B |
As of Jun 27, 2025, CVX stock has a price to earnings ratio of 16.38.
The average PE ratio for CVX stock over the past 3 years is 12.64.
The average PE ratio for CVX stock over the past 5 years is 16.04.
Over the last ten years, the quarterly PE ratio reached its highest level at 138.26 in the Mar 2016 quarter.
CVX's price to earnings ratio is currently 37% below its 10-year historical average.
To determine the P/E ratio, divide the latest stock price by the TTM earnings per share (EPS). As of today (Jun 27, 2025), Chevron's share price is $143.79. The company's earnings per share for the trailing twelve months (TTM) ending Mar 2025 is $8.78. Therefore, Chevron's PE ratio for today is 16.38. PE RATIO(16.38) = STOCK PRICE($143.79) / TTM EPS($8.78)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.