The price-to-earnings ratio for Exxon Mobil stock stands at 14.39 as of Jul 25, 2024. This results from the current EPS of $8.16 and stock price of $117.43. An increase of 26% has been recorded in the PE ratio compared to the average of 11.4 of the last four quarters.
Over the last ten years, the average PE ratio of Exxon Mobil has been 19.34. The current 14.39 P/E ratio is 26% lower than the historical average. In the past ten years, XOM's PE ratio peaked in the Dec 2016 quarter at 48.01, with a price of $90.26 and an EPS of $1.88. The Sep 2022 quarter marked the lowest point at 7.13, with a price of $87.31 and an EPS of $12.25.
Maximum annual increase: 137.09% in 2016
Maximum annual decrease: -62.38% in 2017
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 11.25 | 35.22% |
| 2022 | 8.32 | -26.7% |
| 2021 | 11.35 | N/A |
| 2020 | N/A | N/A |
| 2019 | 20.77 | 48.68% |
| 2018 | 13.97 | -22.65% |
| 2017 | 18.06 | -62.38% |
| 2016 | 48.01 | 137.09% |
| 2015 | 20.25 | 66.53% |
| 2014 | 12.16 | -11.43% |
The current PE ratio of XOM is higher than its 3-year historical average, but it is lower than the 5 and 10-year averages.
In comparison to its peers CVX and HON, XOM's PE ratio is lower, but it is higher than COP's and BP's. Exxon Mobil's PE ratio is trading below the peer group average of 15.71.
| Stock name | PE ratio | Market cap |
|---|---|---|
| BP BP plc | 10.68 | $99.39B |
| PSX Phillips 66 | 10.86 | $60.29B |
| COP Conocophillips | 12.53 | $129.65B |
| XOM Exxon Mobil Corp | 14.38 | $462.63B |
| CVX Chevron Corp | 14.45 | $291.53B |
| OXY Occidental Petroleum Corp | 15.33 | $53.68B |
| HES Hess Corp | 22.9 | $46.29B |
| HON Honeywell International Inc | 22.99 | $131.71B |
The price to earnings ratio for XOM stock as of Jul 25, 2024, stands at 14.39.
The average PE ratio for XOM stock over the past 3 years is 10.31.
The average PE ratio for XOM stock over the past 5 years is 15.28.
Over the last ten years, the quarterly PE ratio reached a historic high of 48.01 in the Dec 2016 quarter.
XOM's price to earnings ratio is currently 26% below its 10-year historical average.
The P/E ratio is obtained by dividing the latest price of a stock by its trailing twelve months EPS. As of today (Jul 25, 2024), Exxon Mobil's stock price is $117.43. The earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $8.16. Therefore, Exxon Mobil's PE ratio for today is 14.39. PE RATIO(14.39) = STOCK PRICE($117.43) / TTM EPS($8.16)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.