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XOM Exxon Mobil PE ratio, current and historical analysis

The price-to-earnings ratio for Exxon Mobil stock stands at 14.15 as of May 22, 2024. This results from the current EPS of $8.16 and stock price of $115.48. An increase of 24% has been recorded in the PE ratio compared to the average of 11.4 of the last four quarters.

XOM PE ratio history

How has XOM's PE ratio performed in the past

Over the last ten years, the average PE ratio of Exxon Mobil has been 19.16. The current 14.15 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.

Average
19.16
Median
15.64
Minimum
7.13
Maximum
48.01

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

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

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.

3-year avg
10.31
5-year avg
15.48
10-year avg
19.16
15-year avg
16.45

XOM PE vs peers

What is XOM's PE ratio compared to its 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 PE ratio is trading below the peer group average of 16.01.

Stock name PE ratio Market cap
PSX Phillips 66 10.91 $60.58B
BP BP plc 11.08 $103.09B
COP Conocophillips 13.35 $138.23B
XOM Exxon Mobil Corp 14.15 $455.34B
CVX Chevron Corp 14.43 $291.03B
OXY Occidental Petroleum Corp 15.86 $55.56B
HES Hess Corp 23.07 $46.63B
HON Honeywell International Inc 23.34 $132.06B

Frequently asked questions

What is Exxon Mobil's PE ratio?

The price to earnings ratio for XOM stock as of May 22, 2024, stands at 14.15.

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 10.31.

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 15.48.

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 26% 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 (May 22, 2024), Exxon Mobil's stock price is $115.48. 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 14.15. PE RATIO(14.15) = STOCK PRICE($115.48) / TTM EPS($8.16)

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