PSX Phillips 66 PE ratio, current and historical analysis
The current price-to-earnings ratio for Phillips 66 stock as of Dec 20, 2024 is 14.04. This is calculated based on the current EPS of $7.86 and the stock price of $110.37 per share. The PE ratio has increased by 13% from the past four quarters average of 12.4.
PSX PE ratio history
The average historical PE ratio of Phillips 66 for the last ten years is 14.18. The current P/E ratio of 14.04 is similar to 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 | 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
The current PE ratio of PSX is above the 3-year average, but it is lower than the 5 and 10-year averages.
PSX PE vs peers
PSX's PE ratio stands lower than its peer stock CVX, but it is higher than XOM's and MPC's. Phillips 66's current PE ratio of 14.04 is higher than the average of its peers, which is 12.42.
| Stock name | PE ratio | Market cap |
|---|---|---|
| MPC Marathon Petroleum Corp | 10.36 | $42.87B |
| VLO Valero Energy Corp | 10.49 | $37.54B |
| XOM Exxon Mobil Corp | 13.18 | $465.31B |
| PSX Phillips 66 | 14.04 | $45.58B |
| CVX Chevron Corp | 15.63 | $256.71B |
| CLMT Calumet Specialty Products Partners LP | N/A | $1.75B |
Frequently asked questions
What is Phillips 66's PE ratio?
PSX's price to earnings ratio is 14.04 as of Dec 20, 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 9.97.
What is the 5-year average PE ratio for Phillips 66 (PSX)?
The 5-year average price to earnings ratio for PSX stock is 15.19.
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 1% 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 (Dec 20, 2024), Phillips 66's stock price is $110.37. The earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $7.86. Therefore, Phillips 66's PE ratio for today is 14.04. PE RATIO(14.04) = STOCK PRICE($110.37) / TTM EPS($7.86)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.