Basis: Latest reported fiscal year. Source: stored company filings and market data; unavailable inputs remain N/A.
The forward PE ratio is 13.43 as of Sunday, July 26, 2026.
Forward PE Ratio (13.43) = Close Price ($194.79) / Consensus Forward EPS ($14.50)
FORWARD PE RATIO
13.43
SECTOR MEDIAN · ENERGY
13.43
median of 37 covered companies
CURRENT VS SECTOR MEDIAN
0.00%
vs the sector median at left
Chevron Corporation
Market Cap
$387.94B
Forward PE Ratio
13.43
| NAME | MARKET CAP | FORWARD PE RATIO |
|---|---|---|
| Chevron Corporation (CVX) | $387.94B | 13.43 |
| ConocoPhillips (COP)vs › | $146.51B | 12.67 |
| Exxon Mobil Corporation (XOM)vs › | $650.51B | 14.12 |
| Canadian Natural Resources Limited (CNQ)vs › | $96.86B | 11.33 |
| The Williams Companies, Inc. (WMB)vs › | $90.50B | 31.29 |
| Marathon Petroleum Corporation (MPC)vs › | $90.28B | 8.78 |
| Valero Energy Corporation (VLO)vs › | $89.82B | 8.88 |
| Enterprise Products Partners L.P. (EPD)vs › | $83.79B | 13.48 |
| Phillips 66 (PSX)vs › | $82.90B | 9.90 |
| Slb N.V. (SLB)vs › | $78.37B | 20.82 |
Trailing P/E
33.8
reported TTM EPS
Forward P/E
13.4
consensus next-FY EPS
The gap between the two multiples is the consensus growth expectation: analysts' forward EPS of $14.50 implies +151.3% EPS growth vs the reported trailing $5.77.
At today's $194.79 close, each upcoming fiscal year's consensus EPS implies a different multiple — how quickly the price is "paid down" by expected earnings if the estimates hold.
PE Ratio = Share Price / Diluted EPS (TTM)
The price-to-earnings ratio measures how much investors pay for each dollar of trailing earnings. A lower PE can indicate a cheaper valuation; a higher PE implies higher growth expectations.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| Fiscal year end |
|---|
| Consensus EPS |
|---|
| Estimate range |
|---|
| Analysts |
|---|
| Implied P/E |
|---|
| 2026-12-31 | $14.50 | $12.20 – $16.08 | 14 | 13.4x |
| 2027-12-31 | $12.45 | $9.82 – $15.80 | 14 | 15.6x |
| 2028-12-31 | $12.49 | $9.66 – $15.96 | 10 | 15.6x |
Source: FMP analyst consensus estimates, refreshed with the daily precompute. "n/m" = the consensus EPS is not positive, so a multiple is undefined. There is no forward P/E history chart here because charting one would require the estimates as they stood in the past, which we do not store — see the trailing P/E history for how the realized multiple has moved.
