Price to Earnings (P/E)
since 2005
Calculation
Chevron Corp., P/E, long-term trends, calculation
| P/E | = | Share price1, 2, 3 | ÷ | Earnings per share1 (EPS) | EPS1 | = | Net income (loss) attributable to Chevron Corporation1 (in millions) |
÷ | No. shares of common stock outstanding2 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Feb 26, 2024 | 13.42 | = | 154.45 | ÷ | 11.51 | 11.51 | = | 21,369 | ÷ | 1,857,269,160 | |
| Feb 23, 2023 | 8.71 | = | 161.93 | ÷ | 18.60 | 18.60 | = | 35,465 | ÷ | 1,906,674,044 | |
| Feb 24, 2022 | 16.81 | = | 134.85 | ÷ | 8.02 | 8.02 | = | 15,625 | ÷ | 1,947,553,346 | |
| Feb 25, 2021 | — | = | 102.35 | ÷ | -2.88 | -2.88 | = | -5,543 | ÷ | 1,926,376,764 | |
| Feb 21, 2020 | 70.06 | = | 109.01 | ÷ | 1.56 | 1.56 | = | 2,924 | ÷ | 1,879,324,765 | |
| Feb 22, 2019 | 15.30 | = | 119.39 | ÷ | 7.80 | 7.80 | = | 14,824 | ÷ | 1,900,062,760 | |
| Feb 22, 2018 | 22.83 | = | 109.89 | ÷ | 4.81 | 4.81 | = | 9,195 | ÷ | 1,910,253,256 | |
| Feb 23, 2017 | — | = | 111.02 | ÷ | -0.26 | -0.26 | = | -497 | ÷ | 1,893,102,970 | |
| Feb 25, 2016 | 35.02 | = | 85.30 | ÷ | 2.44 | 2.44 | = | 4,587 | ÷ | 1,883,156,295 | |
| Feb 20, 2015 | 10.61 | = | 108.60 | ÷ | 10.23 | 10.23 | = | 19,241 | ÷ | 1,880,180,422 | |
| Feb 21, 2014 | 10.04 | = | 112.68 | ÷ | 11.22 | 11.22 | = | 21,423 | ÷ | 1,909,130,328 | |
| Feb 22, 2013 | 8.61 | = | 115.96 | ÷ | 13.48 | 13.48 | = | 26,179 | ÷ | 1,942,697,787 | |
| Feb 23, 2012 | 7.96 | = | 108.35 | ÷ | 13.60 | 13.60 | = | 26,895 | ÷ | 1,976,966,530 | |
| Feb 24, 2011 | 10.77 | = | 102.03 | ÷ | 9.48 | 9.48 | = | 19,024 | ÷ | 2,007,449,583 | |
| Feb 25, 2010 | 13.81 | = | 72.11 | ÷ | 5.22 | 5.22 | = | 10,483 | ÷ | 2,008,352,638 | |
| Feb 26, 2009 | 5.29 | = | 63.17 | ÷ | 11.94 | 11.94 | = | 23,931 | ÷ | 2,004,559,279 | |
| Feb 28, 2008 | 9.89 | = | 89.02 | ÷ | 9.00 | 9.00 | = | 18,688 | ÷ | 2,076,680,120 | |
| Feb 28, 2007 | 8.63 | = | 68.52 | ÷ | 7.94 | 7.94 | = | 17,138 | ÷ | 2,157,780,998 | |
| Mar 1, 2006 | 9.04 | = | 57.24 | ÷ | 6.33 | 6.33 | = | 14,099 | ÷ | 2,226,159,801 |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
1 US$
2 Data adjusted for splits and stock dividends.
3 Closing price as at the filing date of Chevron Corp. Annual Report.
Comparison to Competitors
Chevron Corp., P/E, long-term trends, comparison to competitors
| Chevron Corp. | ConocoPhillips | Exxon Mobil Corp. | Occidental Petroleum Corp. | |
|---|---|---|---|---|
| Feb 26, 2024 | 13.42 | 11.92 | 11.49 | 13.36 |
| Feb 23, 2023 | 8.71 | 7.07 | 8.01 | 4.24 |
| Feb 24, 2022 | 16.81 | 14.66 | 14.11 | 23.89 |
| Feb 25, 2021 | — | — | — | — |
| Feb 21, 2020 | 70.06 | 8.77 | 15.64 | — |
| Feb 22, 2019 | 15.30 | 12.60 | 16.15 | 12.08 |
| Feb 22, 2018 | 22.83 | — | 16.28 | 39.87 |
| Feb 23, 2017 | — | — | 42.80 | — |
| Feb 25, 2016 | 35.02 | — | 20.96 | — |
| Feb 20, 2015 | 10.61 | 12.03 | 11.56 | 99.82 |
| Feb 21, 2014 | 10.04 | 8.91 | 12.71 | 12.93 |
| Feb 22, 2013 | 8.61 | 8.49 | 8.94 | 14.33 |
| Feb 23, 2012 | 7.96 | 7.60 | 10.03 | 12.54 |
| Feb 24, 2011 | 10.77 | 9.89 | 13.89 | 18.26 |
| Feb 25, 2010 | 13.81 | 14.78 | 15.92 | 22.01 |
| Feb 26, 2009 | 5.29 | — | 7.42 | 5.96 |
| Feb 28, 2008 | 9.89 | 10.59 | 11.78 | 11.21 |
| Feb 28, 2007 | 8.63 | 7.09 | 10.33 | 9.28 |
| Mar 1, 2006 | 9.04 | 6.31 | 10.03 | 7.06 |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
Comparison to Sector (Oil, Gas & Consumable Fuels)
Chevron Corp., P/E, long-term trends, comparison to sector (oil, gas & consumable fuels)
| Chevron Corp. | Oil, Gas & Consumable Fuels | |
|---|---|---|
| Feb 26, 2024 | 13.42 | 12.23 |
| Feb 23, 2023 | 8.71 | 7.69 |
| Feb 24, 2022 | 16.81 | 15.38 |
| Feb 25, 2021 | — | — |
| Feb 21, 2020 | 70.06 | 22.22 |
| Feb 22, 2019 | 15.30 | 15.03 |
| Feb 22, 2018 | 22.83 | 22.05 |
| Feb 23, 2017 | — | 207.70 |
| Feb 25, 2016 | 35.02 | 69.95 |
| Feb 20, 2015 | 10.61 | 12.22 |
| Feb 21, 2014 | 10.04 | 11.39 |
| Feb 22, 2013 | 8.61 | 9.08 |
| Feb 23, 2012 | 7.96 | 9.24 |
| Feb 24, 2011 | 10.77 | 12.59 |
| Feb 25, 2010 | 13.81 | 15.66 |
| Feb 26, 2009 | 5.29 | 9.49 |
| Feb 28, 2008 | 9.89 | 11.09 |
| Feb 28, 2007 | 8.63 | 9.23 |
| Mar 1, 2006 | 9.04 | 8.87 |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
Comparison to Industry (Energy)
Chevron Corp., P/E, long-term trends, comparison to industry (energy)
| Chevron Corp. | Energy | |
|---|---|---|
| Feb 26, 2024 | 13.42 | 12.52 |
| Feb 23, 2023 | 8.71 | 8.11 |
| Feb 24, 2022 | 16.81 | 15.92 |
| Feb 25, 2021 | — | — |
| Feb 21, 2020 | 70.06 | 42.93 |
| Feb 22, 2019 | 15.30 | 15.61 |
| Feb 22, 2018 | 22.83 | 27.13 |
| Feb 23, 2017 | — | 527.67 |
| Feb 25, 2016 | 35.02 | 64.02 |
| Feb 20, 2015 | 10.61 | 12.81 |
| Feb 21, 2014 | 10.04 | 11.89 |
| Feb 22, 2013 | 8.61 | 9.68 |
| Feb 23, 2012 | 7.96 | 9.84 |
| Feb 24, 2011 | 10.77 | 13.56 |
| Feb 25, 2010 | 13.81 | 16.28 |
| Feb 26, 2009 | 5.29 | 9.48 |
| Feb 28, 2008 | 9.89 | 11.63 |
| Feb 28, 2007 | 8.63 | 9.74 |
| Mar 1, 2006 | 9.04 | 9.58 |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).