Chevron PE ratio CVX

Share price divided by earnings per share over the last twelve months, since 2010.

Today, Oct 23, 2026: 22.4×
9-year median: 17.2×
Against its 9-year history: 68th; percentile: 0 is its lowest day, 100 its highest
9-year range: 8.2× to 72.2×
Peer median: 18.7×

Chevron's PE ratio is 22.4× as of Oct 23, 2026: a share price of $233.21 against $10.43 of earnings per share over the last twelve months.

That is above its 9-year median of 17.2×, higher than on 68% of days in the last 9 years.

Over that time it ranged from 8.2× in Jun 2023 to 72.2× in Feb 2020.

The median for 10 energy stocks of a similar size is 18.7×.

PE ratio over time

median 17.2×

The dashed line is the 9-year median and the shaded band the middle half of its days.

Open the interactive chart, with overlays and comparisons

Year by year

Year	End of year	Low	High
2026 so far	22.4×	17.9×	34.1×
2025	21.1×	14.0×	22.2×
2024	15.8×	10.6×	17.8×
2023	11.1×	8.2×	11.2×
2022	10.2×	9.6×	26.8×
2021	22.7×	21.6×	61.2×
2020	40.9×	15.4×	72.2×
2019	17.3×	14.7×	17.4×
2018	14.6×	14.0×	39.0×
2017	36.5×	33.4×	70.8×
2016	149×	17.8×	155×
2015	19.5×	9.4×	20.4×
2014	10.4×	9.1×	13.0×
2013	10.2×	8.7×	10.2×
2012	8.7×	7.1×	9.0×
2011	7.9×	6.8×	11.8×
2010	10.9×	8.9×	15.8×

Against its peers

Companies in Energy nearest Chevron's size, closest first, today.

Company	PE ratio
CVXChevron	22.4×
XOMExxon Mobil	23.6×
COPConocoPhillips	19.9×
MPCMarathon Petroleum	15.7×
VLOValero Energy	17.4×
PSXPhillips 66	16.2×
WMBWilliams Companies	28.6×
EOGEOG Resources	12.7×
EPDEnterprise Products Partners	12.9×
SLBSlb	25.6×
KMIKinder Morgan	22.1×
Peer median	18.7×

Where Chevron ranks

#65of 93Energy stocks with the lowest PE ratio

What the PE ratio tells you

Share price divided by earnings per share over the last twelve months. It is the price tag on a dollar of profit: 20× means you pay $20 for $1 of yearly earnings.

Blank while earnings are negative. A very low PE can mean the market expects profits to fall, so read it with growth and the company's own history.

More on Chevron

Valuation data, not investment advice. Prices as of Oct 23, 2026. Reported figures come from the company's filings with the SEC.