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Friday 6 November 2026 Export CVX’s income statement to Excel — free account

Chevron Corporation

CVX Energy Oil & Gas Integrated

Chevron Corporation’s revenue for fiscal 2025 (year ended December 2025) was $189.0 billion, down 6.79% from fiscal 2024.

Revenue
+36.3%
EPS
+180.6%
Free cash flow
+142.9%
Total debt
+25.8%

Quarter to September 2026, against a year earlier

213.51 3.45 −1.59%
Market cap
$415.4B
P/E
15.5×
Fwd P/E
13.3×
Dividend yield
3.30%
F-score
5/9
Altman Z
2.99
Beneish M
−3.01
Dividend safety
42/100
Overview Business Profile Earnings & Analysis
Financials
Income Statement Balance Sheet Cash Flow Metrics & Ratios
Segments Valuation Filings

Chevron Corporation (CVX) P/B ratio

Alert me on P/B ratio

As of 5 November 2026, Chevron Corporation (CVX) trades at a P/B ratio of 2.1×. Over the past ten years it has ranged from 0.7× (March 2020) to 2.4× (June 2022); the current reading is higher than 96% of that period. That is above the Oil & Gas Integrated industry median of 1.4× and above the Energy sector median of 1.4×.

P/B ratio, daily

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Annual newest first

Period P/B ratio Change
FY2025 1.5× (14.33%)
FY2024 1.7× (1.00%)
FY2023 1.7× (17.54%)
FY2022 2.1× 30.50%
FY2021 1.6× 35.04%
FY2020 1.2× (23.82%)
FY2019 1.6× 17.79%
FY2018 1.3× (17.58%)
FY2017 1.6× 6.95%
FY2016 1.5× 37.77%

Quarterly newest first

Period P/B ratio Change
Sep 2026 2.0× 22.38%
Jun 2026 1.7× (22.82%)
Mar 2026 2.2× 47.53%
Dec 2025 1.5× (4.74%)
43 more quarters

Against its own ten years

Low 0.7× High 2.4×
Ten-year median 1.5×
Current reading's percentile 95

P/B ratio against peers

Company P/B ratio
E Eni SpA compare 1.2×
PBR Petroleo Brasileiro S.A.- Petrobras compare 1.3×
SHEL Shell PLC Unsponsored ADR compare 1.4×
TTE TotalEnergies SE Sponsored ADR compare 1.5×
BP BP p.l.c. compare 1.5×
CVE Cenovus Energy Inc compare 2.1×
CVX Chevron Corporation 2.1×
EQNR Equinor ASA compare 2.2×
XOM ExxonMobil Holdings Corporation compare 2.5×
Oil & Gas Integrated industry median 1.4×
Energy sector median 1.4×
Market median 1.7×

What P/B ratio is

Price to Book Value tells an investor how much the market pays for a company’s shares relative to the accounting net worth that belongs to common shareholders.

Stock Price ÷ (Common Equity (Total) (latest quarter) ÷ Shares (Basic, Weighted) (latest quarter))

The full definition of P/B ratio →

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