The PE ratio for Hess stock stands at 22.9 as of Jul 26, 2024. This takes into account the latest EPS of $6.56 and stock price of $150.25. A decrease of 21% has been observed in the PE ratio compared to its average of 28.8 of the last four quarters.
Over the last ten years, the average PE ratio of Hess has been 84.89. The current 22.9 P/E ratio is 73% 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 Sep 2014 quarter marked the lowest point at 7.06, with a price of $94.32 and an EPS of $13.36.
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% |
Currently, HES's PE ratio is lower than its 3, 5 and 10-year averages.
In comparison to its peer stocks XOM and CVX, HES's PE ratio is higher. Hess is currently trading at a higher PE ratio (22.9) than its peers average of 13.15.
| Stock name | PE ratio | Market cap |
|---|---|---|
| BP BP plc | 10.68 | $99.39B |
| MRO Marathon Oil Corp | 11.52 | $15.72B |
| COP Conocophillips | 12.53 | $129.65B |
| XOM Exxon Mobil Corp | 14.38 | $462.63B |
| CVX Chevron Corp | 14.45 | $291.53B |
| OXY Occidental Petroleum Corp | 15.33 | $53.68B |
| HES Hess Corp | 22.9 | $46.29B |
The price to earnings ratio for HES stock as of Jul 26, 2024, stands at 22.9.
The average PE ratio for HES stock over the past 3 years is 37.02.
The average PE ratio for HES stock over the past 5 years is 37.02.
The highest quarterly PE ratio in the last ten years has been 836 and it was in the Jun 2015 quarter.
HES's price to earnings ratio is currently 73% 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 (Jul 26, 2024), Hess's share price is $150.25. The company's earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $6.56. Therefore, Hess's PE ratio for today is 22.9. PE RATIO(22.9) = STOCK PRICE($150.25) / TTM EPS($6.56)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.