The PE ratio for Hess stock stands at 35.96 as of Apr 26, 2024. This takes into account the latest EPS of $4.52 and stock price of $162.53. An increase of 28% has been observed in the PE ratio compared to its average of 28.1 of the last four quarters.
Over the last ten years, the average PE ratio of Hess has been 83.92. The current 35.96 P/E ratio is 57% 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 (35.96) than its peers average of 12.76.
| Stock name | PE ratio | Market cap |
|---|---|---|
| BP BP plc | 7.49 | $110.89B |
| MRO Marathon Oil Corp | 10.91 | $16.13B |
| XOM Exxon Mobil Corp | 13.46 | $474.71B |
| COP Conocophillips | 14.34 | $153.19B |
| CVX Chevron Corp | 14.58 | $308.92B |
| OXY Occidental Petroleum Corp | 16.17 | $60.01B |
| HES Hess Corp | 36.09 | $50.11B |
The price to earnings ratio for HES stock as of Apr 26, 2024, stands at 35.96.
The average PE ratio for HES stock over the past 3 years is 38.4.
The average PE ratio for HES stock over the past 5 years is 38.4.
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 57% 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 (Apr 26, 2024), Hess's share price is $162.53. The company's earnings per share for the trailing twelve months (TTM) ending Dec 2023 is $4.52. Therefore, Hess's PE ratio for today is 35.96. PE RATIO(35.96) = STOCK PRICE($162.53) / TTM EPS($4.52)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.