CVX

Chevron
D

CVX

Arincen65/100B

Chevron P/E ratio

Chevron's P/E ratio is 15.88: its share price of 217.71 over its earnings per share of 13.71 over the last twelve months.

Today
15.88
Forward P/E, next 12 months
13.15
PEG ratio
1.01
Median, 5 years
15.38
Low, 5 years
8.09
High, 5 years
34.08

P/E ratio = price ÷ EPS (last 12 months) = 217.71 ÷ 13.71 = 15.88

Each day's closing price over the earnings per share of the last four quarters reported by that day (basic EPS, adjusted for splits). The P/E moves with the price every day and with the earnings at each report.

The forward P/E divides the price by the analysts' average EPS estimate for the next twelve months: the fiscal year in progress for the months left in it, the next one for the rest. For past days it uses each year's latest estimate, as the estimates of the time were not recorded (we keep a daily copy from November 2026), so the past line reads the price against the earnings expected by the time each year was reported.

Is Chevron's P/E high compared with its own history?

Chevron's P/E of 15.9 is around the middle of its 5-year range (8.1 to 34.1, median 15.4). It is in line with its own history.

Is the price fair? See the whole check

A P/E is compared with the stock's own last five years, not with other companies. Why the market pays more or less (news, rates, the sector) is not in these figures.

P/E ratio by year and by quarter

Fiscal yearPeriod endingP/E ratioForward P/EMarket capNet income
FY2027 · Estimate31 Dec 202713.35———
FY2026 · Estimate31 Dec 202611.97———
Today15.8813.15424.81B27.40B
FY202531 Dec 202522.578.38281.81B12.49B
FY202431 Dec 202414.7720.29262.10B17.75B
FY202331 Dec 202313.0514.64279.34B21.41B
FY202231 Dec 20229.7413.64346.68B35.61B
FY202131 Dec 202114.336.14224.84B15.69B
FY202031 Dec 2020—9.86157.92B-5.56B
FY201931 Dec 201981.0212,985.12226.86B2.80B
FY201831 Dec 201813.8917.34206.44B14.86B
FY201731 Dec 201725.4315.77235.71B9.27B
FY201631 Dec 2016—28.18216.66B-431.00M
FY201531 Dec 201535.6865.14168.04B4.71B
FY201431 Dec 201410.9433.31211.31B19.31B
FY201331 Dec 201311.0914.59239.45B21.60B
FY201231 Dec 20128.019.36210.92B26.34B
FY201131 Dec 20117.838.76211.36B27.01B
FY201031 Dec 20109.537.39182.32B19.14B
FY200931 Dec 200914.529.05153.39B10.56B
FY200831 Dec 20086.3014.74150.75B23.93B
FY200731 Dec 200710.589.68197.67B18.69B
FY200631 Dec 20069.388.92160.73B17.14B
FY200531 Dec 20058.637.50121.64B14.10B
FY200431 Dec 20048.337.29111.09B13.33B
FY200331 Dec 200312.419.2389.75B7.23B
FY200231 Dec 200262.7210.9371.00B1.13B
FY200131 Dec 200128.8617.5794.88B3.29B
FY200031 Dec 20007.1313.9155.11B7.73B
FY199931 Dec 199917.5013.9056.87B3.25B
FY199831 Dec 199840.4624.5454.17B1.34B
FY199731 Dec 199715.4933.6250.43B3.26B
FY199631 Dec 199616.2818.2642.43B2.61B
FY199531 Dec 199536.73—34.16B930.00M
FY199431 Dec 199417.18—29.08B1.69B
FY199331 Dec 199322.42—28.36B1.27B
FY199231 Dec 199215.02—23.57B1.57B

Figures in USD. A quarter's revenue, net income and dividends are those of its last four quarters. A forecast year's P/E is today's price over the analysts' EPS estimate for that year.

See also:Market cap,P/S ratio,Dividend yield,ROE (return on equity),Debt to equity,Current ratio,All ratios

Common questions about Chevron's P/E ratio

Source: Financial Modeling PrepVerified against SEC filings