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PSX Phillips 66 PE ratio, current and historical analysis

The current price-to-earnings ratio for Phillips 66 stock as of Jun 21, 2024 is 10.54. This is calculated based on the current EPS of $13.1 and the stock price of $138.09 per share. The PE ratio has increased by 30% from the past four quarters average of 8.1.

PSX PE ratio history

How has PSX's PE ratio performed in the past

The average historical PE ratio of Phillips 66 for the last ten years is 14.01. The current P/E ratio of 10.54 is 25% lower 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.

Average
14.01
Median
10.3
Minimum
3.68
Maximum
76.64

Phillips 66 PE ratio by year

Maximum annual increase: 179.64% in 2016

Maximum annual decrease: -81.72% in 2022

Year PE ratio Change
2023 8.56 91.93%
2022 4.46 -81.72%
2021 24.4 N/A
2020 N/A N/A
2019 16.38 125.62%
2018 7.26 -28.96%
2017 10.22 -65.23%
2016 29.39 179.64%
2015 10.51 23.07%
2014 8.54 -32.81%

PSX average PE ratio chart

What is the average PE ratio of PSX for the past years

The current PE ratio of PSX is above the 3-year average, but it is lower than the 5 and 10-year averages.

3-year avg
9.09
5-year avg
14.45
10-year avg
14.01
15-year avg
N/A

PSX PE vs peers

What is PSX's PE ratio compared to its peers

PSX's PE ratio stands lower than its peer stocks XOM and CVX, but it is higher than MPC's and VLO's. Phillips 66's current PE ratio of 10.54 is lower than the average of its peers, which is 10.92.

Stock name PE ratio Market cap
VLO Valero Energy Corp 7.38 $49.12B
MPC Marathon Petroleum Corp 8.5 $60.84B
PSX Phillips 66 10.54 $58.54B
XOM Exxon Mobil Corp 13.57 $436.73B
CVX Chevron Corp 14.22 $286.8B
CLMT Calumet Specialty Products Partners LP N/A $1.3B

Frequently asked questions

What is Phillips 66's PE ratio?

PSX's price to earnings ratio is 10.54 as of Jun 21, 2024.

What is the 3-year average PE ratio for Phillips 66 (PSX)?

The 3-year average price to earnings ratio for PSX stock is 9.09.

What is the 5-year average PE ratio for Phillips 66 (PSX)?

The 5-year average price to earnings ratio for PSX stock is 14.45.

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 25% lower 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 (Jun 21, 2024), Phillips 66's stock price is $138.09. The earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $13.1. Therefore, Phillips 66's PE ratio for today is 10.54. PE RATIO(10.54) = STOCK PRICE($138.09) / TTM EPS($13.1)

All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.