HES Hess PE ratio, current and historical analysis
The PE ratio for Hess stock stands at 17.19 as of Nov 21, 2024. This takes into account the latest EPS of $8.61 and stock price of $147.98. A decrease of 22% has been observed in the PE ratio compared to its average of 22.0 of the last four quarters.
HES PE ratio history
Over the last ten years, the average PE ratio of Hess has been 81.19. The current 17.19 P/E ratio is 79% lower than the historical average. Looking back at the last ten years, HES's PE ratio peaked in the Jun 2015 quarter at 836, with a price of $66.88 and an EPS of $0.08. The Dec 2014 quarter marked the lowest point at 9.67, with a price of $73.82 and an EPS of $7.63.
Hess PE ratio by year
Maximum annual increase: 74.86% in 2014
Maximum annual decrease: -48.72% in 2022
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 31.89 | 52.88% |
| 2022 | 20.86 | -48.72% |
| 2021 | 40.68 | N/A |
| 2020 | N/A | N/A |
| 2019 | N/A | N/A |
| 2018 | N/A | N/A |
| 2017 | N/A | N/A |
| 2016 | N/A | N/A |
| 2015 | N/A | N/A |
| 2014 | 9.67 | 74.86% |
HES average PE ratio chart
Currently, HES's PE ratio is lower than its 3, 5 and 10-year averages.
HES PE vs peers
In comparison to its peers CVX and BP, HES's PE ratio is lower, but it is higher than XOM's and COP's. Hess is currently trading at a higher PE ratio (17.19) than its peers average of 16.65.
| Stock name | PE ratio | Market cap |
|---|---|---|
| MRO Marathon Oil Corp | 12.25 | $15.97B |
| OXY Occidental Petroleum Corp | 12.57 | $48.36B |
| COP Conocophillips | 13.26 | $128.79B |
| XOM Exxon Mobil Corp | 15.18 | $535.89B |
| HES Hess Corp | 17.19 | $45.6B |
| CVX Chevron Corp | 17.68 | $290.46B |
| BP BP plc | 28.94 | $80.17B |
Frequently asked questions
What is Hess's PE ratio?
The price to earnings ratio for HES stock as of Nov 21, 2024, stands at 17.19.
What is the 3-year average PE ratio for Hess (HES)?
The average PE ratio for HES stock over the past 3 years is 26.34.
What is the 5-year average PE ratio for Hess (HES)?
The average PE ratio for HES stock over the past 5 years is 33.85.
What is the highest PE ratio for HES?
The highest quarterly PE ratio in the last ten years has been 836 and it was in the Jun 2015 quarter.
How does the current PE ratio for HES compare to its historical average?
HES's price to earnings ratio is currently 79% below its 10-year historical average.
How is HES's PE ratio calculated (Hess PE ratio formula)?
To determine the P/E ratio, divide the latest stock price by the TTM earnings per share (EPS). As of today (Nov 21, 2024), Hess's share price is $147.98. The company's earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $8.61. Therefore, Hess's PE ratio for today is 17.19. PE RATIO(17.19) = STOCK PRICE($147.98) / TTM EPS($8.61)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.