Chevron Corporation CVX
204.45
(1.20)
(0.58%)
as of 25 Sep
- Market cap
- $403.9B
- P/E
- 19.5×
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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 | Free account |
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)
More on CVX
- Revenue
- Net income
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- The full statement