XOM Exxon Mobil PE ratio, current and historical analysis
The price-to-earnings ratio for Exxon Mobil stock stands at 14.04 as of Oct 29, 2024. This results from the current EPS of $8.36 and stock price of $117.34. An increase of 10% has been recorded in the PE ratio compared to the average of 12.7 of the last four quarters.
XOM PE ratio history
Over the last ten years, the average PE ratio of Exxon Mobil has been 19.39. The current 14.04 P/E ratio is 28% 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.
Exxon Mobil PE ratio by year
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% |
XOM average PE ratio chart
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.
XOM PE vs peers
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 current PE ratio of 14.04 is similar to the average of its peer group, which is 14.05.
| Stock name | PE ratio | Market cap |
|---|---|---|
| COP Conocophillips | 11.41 | $119.3B |
| OXY Occidental Petroleum Corp | 11.48 | $45.43B |
| XOM Exxon Mobil Corp | 14.03 | $521.01B |
| CVX Chevron Corp | 14.68 | $271.89B |
| PSX Phillips 66 | 15.48 | $50.24B |
| HES Hess Corp | 15.64 | $41.64B |
| HON Honeywell International Inc | 23.59 | $133.44B |
| BP BP plc | 28.64 | $79.34B |
Frequently asked questions
What is Exxon Mobil's PE ratio?
The price to earnings ratio for XOM stock as of Oct 29, 2024, stands at 14.04.
What is the 3-year average PE ratio for Exxon Mobil (XOM)?
The average PE ratio for XOM stock over the past 3 years is 10.62.
What is the 5-year average PE ratio for Exxon Mobil (XOM)?
The average PE ratio for XOM stock over the past 5 years is 14.83.
What is the highest PE ratio for XOM?
Over the last ten years, the quarterly PE ratio reached a historic high of 48.01 in the Dec 2016 quarter.
How does the current PE ratio for XOM compare to its historical average?
XOM's price to earnings ratio is currently 28% below its 10-year historical average.
How is XOM's PE ratio calculated (Exxon Mobil PE ratio formula)?
The P/E ratio is obtained by dividing the latest price of a stock by its trailing twelve months EPS. As of today (Oct 29, 2024), Exxon Mobil's stock price is $117.34. The earnings per share for the trailing twelve months (TTM) ending Jun 2024 is $8.36. Therefore, Exxon Mobil's PE ratio for today is 14.04. PE RATIO(14.04) = STOCK PRICE($117.34) / TTM EPS($8.36)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.