The current price-to-earnings ratio for Phillips 66 stock as of May 15, 2025 is 28.1. This is calculated based on the current EPS of $4.44 and the stock price of $124.77 per share. The PE ratio has increased by 42% from the past four quarters average of 19.8.
PSX PE ratio history
The average historical PE ratio of Phillips 66 for the last ten years is 15.1. The current P/E ratio of 28.1 is 86% higher than the historical average. In the past ten years, PSX's PE ratio peaked in the Mar 2020 quarter at 76.64, when the stock price was $53.65 and the EPS was $0.7. The lowest point was in the Sep 2022 quarter, when it reached 3.68 with a price of $80.72 and an EPS of $21.92.
Phillips 66 PE ratio by year
Maximum annual increase: 179.64% in 2016
Maximum annual decrease: -81.72% in 2022
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 2024 | 22.74 | 165.65% | $113.93 | $5.01 |
| 2023 | 8.56 | 91.93% | $133.14 | $15.56 |
| 2022 | 4.46 | -81.72% | $104.08 | $23.36 |
| 2021 | 24.4 | N/A | $72.46 | $2.97 |
| 2020 | N/A | N/A | $69.94 | -$9.06 |
| 2019 | 16.38 | 125.62% | $111.41 | $6.8 |
| 2018 | 7.26 | -28.96% | $86.15 | $11.87 |
| 2017 | 10.22 | -65.23% | $101.15 | $9.9 |
| 2016 | 29.39 | 179.64% | $86.41 | $2.94 |
| 2015 | 10.51 | 23.07% | $81.8 | $7.78 |
| 2014 | 8.54 | -32.81% | $71.7 | $8.4 |
| 2013 | 12.71 | 56.72% | $77.13 | $6.07 |
| 2012 | 8.11 | N/A | $53.1 | $6.55 |
| 2011 | N/A | N/A | N/A | $7.61 |
| 2010 | N/A | N/A | N/A | $1.17 |
Phillips 66 PE ratio by quarter (TTM)
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| Mar 2025 | 27.81 | 22.3% | $123.48 | $4.44 |
| Dec 2024 | 22.74 | 36% | $113.93 | $5.01 |
| Sep 2024 | 16.72 | 39.33% | $131.45 | $7.86 |
| Jun 2024 | 12 | -3.77% | $141.17 | $11.76 |
| Mar 2024 | 12.47 | 45.68% | $163.34 | $13.1 |
| Dec 2023 | 8.56 | 18.56% | $133.14 | $15.56 |
| Sep 2023 | 7.22 | 74.82% | $120.15 | $16.65 |
| Jun 2023 | 4.13 | 5.63% | $95.38 | $23.12 |
| Mar 2023 | 3.91 | -12.33% | $101.38 | $25.94 |
| Dec 2022 | 4.46 | 21.2% | $104.08 | $23.36 |
| Sep 2022 | 3.68 | -47.73% | $80.72 | $21.92 |
| Jun 2022 | 7.04 | -53.13% | $81.99 | $11.64 |
| Mar 2022 | 15.02 | -38.44% | $86.39 | $5.75 |
| Dec 2021 | 24.4 | N/A | $72.46 | $2.97 |
| Sep 2021 | N/A | N/A | $70.03 | -$1.15 |
PSX Price vs fair value
PSX average PE ratio chart
The current PE ratio of PSX is above the 3, 5 and 10-year averages.
PSX PE vs peers
PSX's PE ratio stands lower than its peer stock VLO, but it is higher than XOM's and CVX's.
| Stock name | PE ratio | Market cap |
|---|---|---|
| XOM Exxon Mobil Corp | 14.4 | $467.94B |
| CVX Chevron Corp | 16.2 | $248.44B |
| MPC Marathon Petroleum Corp | 22.83 | $50.78B |
| PSX Phillips 66 | 28.1 | $50.85B |
| VLO Valero Energy Corp | 47.17 | $42.4B |
| CLMT Calumet Specialty Products Partners LP | N/A | $1.17B |
Frequently asked questions
What is Phillips 66's PE ratio?
PSX's price to earnings ratio is 28.1 as of May 15, 2025.
What is the 3-year average PE ratio for Phillips 66 (PSX)?
The 3-year average price to earnings ratio for PSX stock is 10.9.
What is the 5-year average PE ratio for Phillips 66 (PSX)?
The 5-year average price to earnings ratio for PSX stock is 12.15.
What is the highest PE ratio for PSX?
In the last ten years, the Mar 2020 quarter recorded the highest quarterly PE ratio at 76.64.
How does the current PE ratio for PSX compare to its historical average?
The current price to earnings ratio of PSX is 86% higher than the 10-year historical average.
How is PSX's PE ratio calculated (Phillips 66 PE ratio formula)?
You can calculate the P/E ratio by dividing the most recent stock price by the trailing twelve months EPS. As of today (May 15, 2025), Phillips 66's stock price is $124.77. The earnings per share for the trailing twelve months (TTM) ending Mar 2025 is $4.44. Therefore, Phillips 66's PE ratio for today is 28.1. PE RATIO(28.1) = STOCK PRICE($124.77) / TTM EPS($4.44)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.