Chevron Corporation CVX

204.45 (1.20) (0.58%) as of 25 Sep
Market cap
$403.9B
P/E
19.5×
Indexes indicate stock being part of an index,
Growth Flags show if company had growth for consecutive years

Chevron Corporation (CVX) P/E ratio

As of 25 September 2026, Chevron Corporation (CVX) trades at a P/E ratio of 19.5×. Over the past ten years it has ranged from 0.0× (June 2021) to 151× (June 2016); the current reading is higher than 66% of that period. That is above the Oil & Gas Integrated industry median of 11.9× and above the Energy sector median of 13.7×.

P/E ratio, daily

Annual

Period P/E ratio Change
FY2025 22.8× 53.74%
FY2024 14.8× 13.28%
FY2023 13.1× 38.24%
FY2022 9.5× (34.18%)
FY2021 14.4× —
FY2020 0.0× —
FY2019 77.7× 458.15%
FY2018 13.9× (46.72%)
FY2017 26.1× —
FY2016 0.0× —

Quarterly

Period P/E ratio Change
Jun 2026 15.8× (55.70%)
Mar 2026 35.7× 56.62%
Dec 2025 22.8× 4.90%
Sep 2025 21.7× 18.48%
42 more quarters

Against its own ten years

Low 0.0× High 151×
Ten-year median 16.0×
Current reading's percentile 66

P/E ratio against peers

Company P/E ratio
PBR Petroleo Brasileiro S.A.- Petrobras compare 5.2×
SHEL Shell PLC Unsponsored ADR compare 10.5×
TTE TotalEnergies SE Sponsored ADR compare 11.3×
EQNR Equinor ASA compare 11.5×
CVE Cenovus Energy Inc compare 11.9×
E Eni SpA compare 13.7×
CVX Chevron Corporation 19.5×
XOM ExxonMobil Holdings Corporation compare 20.7×
BP BP p.l.c. compare 21.1×
Oil & Gas Integrated industry median 11.9×
Energy sector median 13.7×
Market median 17.9×

What P/E ratio is

Price to Earnings Ratio shows how much investors pay for each dollar of a company’s annual profit per share.

Stock Price ÷ EPS (Basic) (TTM)

The full definition of P/E ratio →

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