Chevron Corporation (CVX) PE Ratio: 31.21
Is Chevron Corporation’s P/E ratio high or low?
Chevron Corporation's P/E ratio of 31.21 is 73% above its 5-year average of 18.05, around the middle of its 5-year range (8.13–61.25).
As of Wednesday, June 17, 2026. 32.35% above its 12-month average of 23.58.
PE Ratio (31.21) = Close Price ($180.11) / Diluted TTM EPS ($5.77)
CVX PE Ratio Chart
CVX Average PE Ratio Chart
CVX Current vs Average PE Ratio Chart
CVX PE Ratio Metrics
PE RATIO
31.21
PE RATIO AVG TTM
23.58
PE RATIO AVG 3Y
15.91
PE RATIO AVG 5Y
16.01
PE RATIO AVG 10Y
18.39
PE RATIO AVG 15Y
14.60
PE RATIO AVG 20Y
12.26
CURRENT VS TTM AVG
+32.35%
CURRENT VS 3Y AVG
+96.12%
CURRENT VS 5Y AVG
+95.00%
CURRENT VS 10Y AVG
+69.74%
CURRENT VS 15Y AVG
+113.73%
CURRENT VS 20Y AVG
+154.52%
CVX Competitors' PE Ratio
| NAME | MARKET CAP | PE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Chevron Corporation (CVX) | $356.88B | 31.21 | 23.58 | 15.91 | 16.01 |
| ConocoPhillips (COP)vs › | $134.58B | 18.94 | 15.02 | 13.08 | 15.03 |
| Exxon Mobil Corporation (XOM)vs › | $586.80B | 23.92 | 19.08 | 14.53 | 13.50 |
| Canadian Natural Resources Limited (CNQ)vs › | $88.48B | 12.56 | 13.79 | 13.26 | 11.85 |
| The Williams Companies, Inc. (WMB)vs › | $87.02B | 31.21 | 31.85 | 24.01 | 24.57 |
| SLB N.V. (SLB)vs › | $77.32B | 23.38 | 16.85 | 16.27 | 20.43 |
| Marathon Petroleum Corporation (MPC)vs › | $72.36B | 16.34 | 21.31 | 13.25 | 14.51 |
| EOG Resources, Inc. (EOG)vs › | $71.11B | 13.00 | 12.07 | 10.40 | 33.92 |
| Valero Energy Corporation (VLO)vs › | $70.75B | 17.73 | 41.61 | 20.83 | 18.42 |
| Phillips 66 (PSX)vs › | $67.82B | 16.95 | 28.28 | 17.56 | 15.47 |
P/E vs. its own history
At 31.2, P/E is richer than usual, sitting higher than 89% of its 20-year history.
20-year low
4.5
median
11.1
20-year high
155.1
P/E Comparison
Trailing P/E
31.2
Forward P/E
14.6
Forward P/E Calculation
View All Analyst EstimatesForward P/E is calculated using analyst consensus EPS estimates for the current or next fiscal year.
Calculation:
Current Price
$180.11
Forward EPS (Est.)
$12.32
Forward P/E
14.62
Source: FMP Analyst Consensus Estimates. Forward EPS represents the average analyst estimate for the nearest fiscal year.
Chevron Corporation PE Ratio Formula & Definition
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
Chevron Corporation PE Ratio FAQ
- What is the P/E ratio for Chevron Corporation (CVX)?
- The P/E ratio for CVX stock is 31.21.
- Is Chevron Corporation's P/E ratio high or low?
- Chevron Corporation's P/E ratio of 31.21 is 73% above its 5-year average of 18.05, around the middle of its 5-year range (8.13–61.25).
- What is the TTM average P/E ratio for Chevron Corporation (CVX)?
- The TTM average P/E ratio for CVX stock is 23.58.
- What is the 3Y average P/E ratio for Chevron Corporation (CVX)?
- The 3Y average P/E ratio for CVX stock is 15.91.
- What is the 5Y average P/E ratio for Chevron Corporation (CVX)?
- The 5Y average P/E ratio for CVX stock is 16.01.
- What is the 10Y average P/E ratio for Chevron Corporation (CVX)?
- The 10Y average P/E ratio for CVX stock is 18.39.
- What is the 15Y average P/E ratio for Chevron Corporation (CVX)?
- The 15Y average P/E ratio for CVX stock is 14.60.
- What is the 20Y average P/E ratio for Chevron Corporation (CVX)?
- The 20Y average P/E ratio for CVX stock is 12.26.
Chevron Corporation PE Ratio History
| DATE | PE RATIO |
|---|---|
| 2026-06-16 | 31.21 |
| 2026-06-15 | 31.27 |
| 2026-06-12 | 32.45 |
| 2026-06-11 | 32.20 |
| 2026-06-10 | 32.89 |
| 2026-06-09 | 32.37 |
| 2026-06-08 | 32.80 |
| 2026-06-05 | 32.46 |
| 2026-06-04 | 32.64 |
| 2026-06-03 | 32.88 |
| 2026-06-02 | 32.50 |
| 2026-06-01 | 32.21 |
| 2026-05-29 | 31.62 |
| 2026-05-28 | 31.72 |
| 2026-05-27 | 31.61 |
| 2026-05-26 | 32.01 |
| 2026-05-22 | 33.18 |
| 2026-05-21 | 33.10 |
| 2026-05-20 | 33.16 |
| 2026-05-19 | 34.19 |
| 2026-05-18 | 33.99 |
| 2026-05-15 | 33.12 |
| 2026-05-14 | 32.35 |
| 2026-05-13 | 32.24 |
| 2026-05-12 | 32.23 |
| 2026-05-11 | 32.02 |
| 2026-05-08 | 31.48 |
| 2026-05-07 | 31.63 |
| 2026-05-06 | 27.80 |
| 2026-05-05 | 28.92 |
| 2026-05-04 | 28.87 |
| 2026-05-01 | 28.62 |
| 2026-04-30 | 29.03 |
| 2026-04-29 | 28.86 |
| 2026-04-28 | 28.28 |
| 2026-04-27 | 27.74 |
| 2026-04-24 | 27.81 |
| 2026-04-23 | 28.17 |
| 2026-04-22 | 27.98 |
| 2026-04-21 | 27.92 |
| 2026-04-20 | 27.52 |
| 2026-04-17 | 27.63 |
| 2026-04-16 | 28.25 |
| 2026-04-15 | 27.76 |
| 2026-04-14 | 28.08 |
| 2026-04-13 | 28.80 |
| 2026-04-10 | 28.31 |
| 2026-04-09 | 28.58 |
| 2026-04-08 | 28.96 |
| 2026-04-07 | 30.26 |
| 2026-04-06 | 29.86 |
| 2026-04-02 | 29.88 |
| 2026-04-01 | 29.64 |
| 2026-03-31 | 31.07 |
| 2026-03-30 | 31.64 |
| 2026-03-27 | 31.70 |
| 2026-03-26 | 31.20 |
| 2026-03-25 | 30.80 |
| 2026-03-24 | 31.05 |
| 2026-03-23 | 30.81 |
| 2026-03-20 | 30.29 |
| 2026-03-19 | 30.25 |
| 2026-03-18 | 29.82 |
| 2026-03-17 | 29.73 |
| 2026-03-16 | 29.56 |
| 2026-03-13 | 29.55 |
| 2026-03-12 | 29.58 |
| 2026-03-11 | 28.80 |
| 2026-03-10 | 27.97 |
| 2026-03-09 | 28.44 |
| 2026-03-06 | 28.52 |
| 2026-03-05 | 28.51 |
| 2026-03-04 | 27.93 |
| 2026-03-03 | 28.34 |
| 2026-03-02 | 28.47 |
| 2026-02-27 | 28.04 |
| 2026-02-26 | 27.65 |
| 2026-02-25 | 27.66 |
| 2026-02-24 | 27.83 |
| 2026-02-23 | 26.01 |
| 2026-02-20 | 25.87 |
| 2026-02-19 | 25.99 |
| 2026-02-18 | 25.86 |
| 2026-02-17 | 25.39 |
| 2026-02-13 | 25.84 |
| 2026-02-12 | 25.65 |
| 2026-02-11 | 26.14 |
| 2026-02-10 | 25.63 |
| 2026-02-09 | 25.68 |
| 2026-02-06 | 25.44 |
| 2026-02-05 | 25.21 |
| 2026-02-04 | 25.49 |
| 2026-02-03 | 25.04 |
| 2026-02-02 | 24.48 |
| 2026-01-30 | 24.88 |
| 2026-01-29 | 24.08 |
| 2026-01-28 | 23.90 |
| 2026-01-27 | 23.78 |
| 2026-01-26 | 23.56 |
| 2026-01-23 | 23.45 |
| 2026-01-22 | 23.44 |
| 2026-01-21 | 23.45 |
| 2026-01-20 | 23.25 |
| 2026-01-16 | 23.38 |
| 2026-01-15 | 23.37 |
| 2026-01-14 | 23.52 |
| 2026-01-13 | 23.05 |
| 2026-01-12 | 22.83 |
| 2026-01-09 | 22.80 |
| 2026-01-08 | 22.40 |
| 2026-01-07 | 21.83 |
| 2026-01-06 | 22.02 |
| 2026-01-05 | 23.05 |
| 2026-01-02 | 21.93 |
| 2025-12-31 | 21.44 |
| 2025-12-30 | 21.42 |
| 2025-12-29 | 21.24 |
| 2025-12-26 | 21.10 |
| 2025-12-24 | 21.17 |
| 2025-12-23 | 21.17 |
| 2025-12-22 | 21.07 |
| 2025-12-19 | 20.78 |
| 2025-12-18 | 20.77 |
| 2025-12-17 | 21.03 |
| 2025-12-16 | 20.64 |
| 2025-12-15 | 21.07 |
| 2025-12-12 | 21.10 |
| 2025-12-11 | 21.20 |
| 2025-12-10 | 21.30 |
| 2025-12-09 | 20.88 |
| 2025-12-08 | 20.92 |
| 2025-12-05 | 21.10 |
| 2025-12-04 | 21.41 |
| 2025-12-03 | 21.32 |
| 2025-12-02 | 21.13 |
| 2025-12-01 | 21.45 |
| 2025-11-28 | 21.26 |
| 2025-11-26 | 21.03 |
| 2025-11-25 | 20.89 |
| 2025-11-24 | 21.06 |
| 2025-11-21 | 21.09 |
| 2025-11-20 | 21.14 |
| 2025-11-19 | 21.34 |
| 2025-11-18 | 21.61 |
| 2025-11-17 | 21.77 |
| 2025-11-14 | 22.17 |
| 2025-11-13 | 21.88 |
| 2025-11-12 | 21.56 |
| 2025-11-11 | 21.97 |
| 2025-11-10 | 21.89 |
| 2025-11-07 | 21.80 |
| 2025-11-06 | 21.51 |
| 2025-11-05 | 19.65 |
| 2025-11-04 | 19.74 |
| 2025-11-03 | 19.82 |
| 2025-10-31 | 20.30 |
| 2025-10-30 | 19.76 |
| 2025-10-29 | 19.96 |
| 2025-10-28 | 19.84 |
| 2025-10-27 | 19.98 |
| 2025-10-24 | 20.02 |
| 2025-10-23 | 20.15 |
| 2025-10-22 | 20.02 |
| 2025-10-21 | 19.79 |
| 2025-10-20 | 19.88 |
| 2025-10-17 | 19.70 |
| 2025-10-16 | 19.53 |
| 2025-10-15 | 19.58 |
| 2025-10-14 | 19.61 |
| 2025-10-13 | 19.55 |
| 2025-10-10 | 19.16 |
| 2025-10-09 | 19.52 |
| 2025-10-08 | 19.79 |
| 2025-10-07 | 19.94 |
| 2025-10-06 | 19.82 |
| 2025-10-03 | 19.76 |
| 2025-10-02 | 19.74 |
| 2025-10-01 | 19.89 |
| 2025-09-30 | 19.99 |
| 2025-09-29 | 20.09 |
| 2025-09-26 | 20.61 |
| 2025-09-25 | 20.68 |
| 2025-09-24 | 20.49 |
| 2025-09-23 | 20.26 |
| 2025-09-22 | 20.08 |
| 2025-09-19 | 20.10 |
| 2025-09-18 | 20.44 |
| 2025-09-17 | 20.60 |
| 2025-09-16 | 20.53 |
| 2025-09-15 | 20.25 |
| 2025-09-12 | 20.22 |
| 2025-09-11 | 20.37 |
| 2025-09-10 | 20.31 |
| 2025-09-09 | 19.93 |
| 2025-09-08 | 19.82 |
| 2025-09-05 | 19.78 |
| 2025-09-04 | 20.29 |
| 2025-09-03 | 20.34 |
| 2025-09-02 | 20.83 |
| 2025-08-29 | 20.67 |
| 2025-08-28 | 20.50 |
| 2025-08-27 | 20.49 |
| 2025-08-26 | 20.25 |
| 2025-08-25 | 20.36 |
| 2025-08-22 | 20.36 |
| 2025-08-21 | 20.02 |
| 2025-08-20 | 19.72 |
| 2025-08-19 | 19.56 |
| 2025-08-18 | 19.99 |
| 2025-08-15 | 20.15 |
| 2025-08-14 | 19.97 |
| 2025-08-13 | 20.06 |
| 2025-08-12 | 19.88 |
| 2025-08-11 | 19.75 |
| 2025-08-08 | 19.95 |
| 2025-08-07 | 19.71 |
| 2025-08-06 | 17.46 |
| 2025-08-05 | 17.49 |
| 2025-08-04 | 17.26 |
| 2025-08-01 | 17.30 |
| 2025-07-31 | 17.33 |
| 2025-07-30 | 17.55 |
| 2025-07-29 | 17.95 |
| 2025-07-28 | 17.86 |
| 2025-07-25 | 17.70 |
| 2025-07-24 | 17.81 |
| 2025-07-23 | 17.50 |
| 2025-07-22 | 17.15 |
| 2025-07-21 | 17.11 |
| 2025-07-18 | 17.15 |
| 2025-07-17 | 17.30 |
| 2025-07-16 | 17.13 |
| 2025-07-15 | 17.22 |
| 2025-07-14 | 17.33 |
| 2025-07-11 | 17.75 |
| 2025-07-10 | 17.62 |
| 2025-07-09 | 17.49 |
| 2025-07-08 | 17.51 |
| 2025-07-07 | 16.85 |
| 2025-07-03 | 16.96 |
| 2025-07-02 | 16.91 |
| 2025-07-01 | 16.64 |
| 2025-06-30 | 16.36 |
| 2025-06-27 | 16.43 |
| 2025-06-26 | 16.51 |
| 2025-06-25 | 16.37 |
| 2025-06-24 | 16.41 |
| 2025-06-23 | 16.78 |
| 2025-06-20 | 17.09 |
| 2025-06-18 | 16.94 |
| 2025-06-17 | 17.01 |
| 2025-06-16 | 16.69 |
| 2025-06-13 | 16.68 |
| 2025-06-12 | 16.57 |
| 2025-06-11 | 16.55 |
| 2025-06-10 | 16.38 |
| 2025-06-09 | 16.09 |
| 2025-06-06 | 16.02 |
| 2025-06-05 | 15.65 |
| 2025-06-04 | 15.70 |
Showing the most recent 260 of 4,591 data points. The chart above shows the full history.
About Chevron Corporation
Chevron Corporation functions as a global energy and chemicals powerhouse, orchestrating its diverse operations worldwide. The company's business is organized into two primary divisions: Upstream and Downstream. The Upstream segment focuses on the full lifecycle of crude oil and natural gas, from their initial exploration and development to production and subsequent transportation. This also encompasses the processing, liquefaction, transit, and regasification of liquefied natural gas (LNG), as well as pipeline transport of crude oil and the movement, storage, and sale of natural gas. Additionally, this segment manages a facility dedicated to converting natural gas into liquid fuels. In contrast, the Downstream segment is tasked with refining crude oil into a variety of petroleum products. Its activities include the merchandising of crude oil, refined goods, and lubricants, in addition to the creation and distribution of renewable fuels. This division is also responsible for moving crude oil and refined products using a range of methods, including pipelines, ships, motor vehicles, and rail cars. Furthermore, it produces and markets bulk petrochemicals, industrial-grade plastics, and additives for both fuels and lubricants. Beyond these core ventures, Chevron is also involved in financial management, debt financing, insurance underwriting, real estate development, and various technology-driven enterprises. Founded in 1879, the company operated as ChevronTexaco Corporation until it officially became Chevron Corporation in 2005. Its corporate headquarters are situated in San Ramon, California.
- Sector
- Energy
- Industry
- Oil & Gas Integrated
- CEO
- Michael K. Wirth