HES Hess PE ratio, current and historical analysis
The PE ratio for Hess stock stands at 14.64 as of Sep 10, 2024. This takes into account the latest EPS of $8.64 and stock price of $126.53. A decrease of 44% has been observed in the PE ratio compared to its average of 26.0 of the last four quarters.
HES PE ratio history
Over the last ten years, the average PE ratio of Hess has been 80.65. The current 14.64 P/E ratio is 82% 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.
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 peer stocks XOM and CVX, HES's PE ratio is higher. Hess is currently trading at a higher PE ratio (14.64) than its peers average of 12.04.
| Stock name | PE ratio | Market cap |
|---|---|---|
| MRO Marathon Oil Corp | 10.07 | $14.48B |
| COP Conocophillips | 11.4 | $119.11B |
| OXY Occidental Petroleum Corp | 11.59 | $45.88B |
| BP BP plc | 11.85 | $86.78B |
| XOM Exxon Mobil Corp | 13.12 | $487.47B |
| CVX Chevron Corp | 13.61 | $252.17B |
| HES Hess Corp | 14.62 | $38.93B |
Frequently asked questions
What is Hess's PE ratio?
The price to earnings ratio for HES stock as of Sep 10, 2024, stands at 14.64.
What is the 3-year average PE ratio for Hess (HES)?
The average PE ratio for HES stock over the past 3 years is 35.36.
What is the 5-year average PE ratio for Hess (HES)?
The average PE ratio for HES stock over the past 5 years is 35.36.
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 82% 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 (Sep 10, 2024), Hess's share price is $126.53. The company's earnings per share for the trailing twelve months (TTM) ending Jun 2024 is $8.64. Therefore, Hess's PE ratio for today is 14.64. PE RATIO(14.64) = STOCK PRICE($126.53) / TTM EPS($8.64)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.