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Chevron (BSP:CHVX34) Shiller PE Ratio : 21.52 (As of Jul. 15, 2025)


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What is Chevron Shiller PE Ratio?

As of today (2025-07-15), Chevron's current share price is R$84.59. Chevron's E10 for the quarter that ended in Mar. 2025 was R$3.93. Chevron's Shiller PE Ratio for today is 21.52.

The historical rank and industry rank for Chevron's Shiller PE Ratio or its related term are showing as below:

BSP:CHVX34' s Shiller PE Ratio Range Over the Past 10 Years
Min: 6.64   Med: 13.02   Max: 27.05
Current: 22.11

During the past years, Chevron's highest Shiller PE Ratio was 27.05. The lowest was 6.64. And the median was 13.02.

BSP:CHVX34's Shiller PE Ratio is ranked worse than
65.19% of 405 companies
in the Oil & Gas industry
Industry Median: 16.07 vs BSP:CHVX34: 22.11

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

Chevron's adjusted earnings per share data for the three months ended in Mar. 2025 was R$1.152. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is R$3.93 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Chevron Shiller PE Ratio Historical Data

The historical data trend for Chevron's Shiller PE Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Chevron Shiller PE Ratio Chart

Chevron Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.37 18.13 25.61 21.53 21.44

Chevron Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Shiller PE Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 22.41 22.57 21.61 21.44 24.39

Competitive Comparison of Chevron's Shiller PE Ratio

For the Oil & Gas Integrated subindustry, Chevron's Shiller PE Ratio, along with its competitors' market caps and Shiller PE Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Chevron's Shiller PE Ratio Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Chevron's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Chevron's Shiller PE Ratio falls into.


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Chevron Shiller PE Ratio Calculation

For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller PE Ratio is also called PE10.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

Chevron's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=84.59/3.93
=21.52

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Chevron's E10 for the quarter that ended in Mar. 2025 is calculated as:

For example, Chevron's adjusted earnings per share data for the three months ended in Mar. 2025 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=1.152/134.9266*134.9266
=1.152

Current CPI (Mar. 2025) = 134.9266.

Chevron Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201506 0.093 100.684 0.125
201509 0.425 100.392 0.571
201512 -0.120 99.792 -0.162
201603 -0.144 100.470 -0.193
201606 -0.267 101.688 -0.354
201609 0.221 101.861 0.293
201612 0.074 101.863 0.098
201703 0.441 102.862 0.578
201706 0.254 103.349 0.332
201709 0.323 104.136 0.419
201712 0.540 104.011 0.701
201803 0.623 105.290 0.798
201806 0.671 106.317 0.852
201809 0.867 106.507 1.098
201812 0.757 105.998 0.964
201903 0.534 107.251 0.672
201906 0.875 108.070 1.092
201909 0.560 108.329 0.697
201912 -1.441 108.420 -1.793
202003 0.943 108.902 1.168
202006 -2.304 108.767 -2.858
202009 -0.065 109.815 -0.080
202012 -0.170 109.897 -0.209
202103 0.406 111.754 0.490
202106 0.805 114.631 0.948
202109 1.684 115.734 1.963
202112 1.487 117.630 1.706
202203 1.602 121.301 1.782
202206 3.003 125.017 3.241
202209 3.031 125.227 3.266
202212 1.747 125.222 1.882
202303 1.802 127.348 1.909
202306 1.553 128.729 1.628
202309 1.719 129.860 1.786
202312 0.598 129.419 0.623
202403 1.479 131.776 1.514
202406 1.309 132.554 1.332
202409 1.373 133.029 1.393
202412 1.123 133.157 1.138
202503 1.152 134.927 1.152

Add all the adjusted EPS together and divide 10 will get our E10.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


Chevron  (BSP:CHVX34) Shiller PE Ratio Explanation

Compared with the regular PE Ratio, which works poorly for cyclical businesses, the Shiller PE Ratio smoothed out the fluctuations of profit margins during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Shiller PE Ratio should give similar results to regular PE Ratio.

Compared with the PS Ratio, the Shiller PE Ratio makes the comparison between different industries more meaningful.


Be Aware

Shiller PE Ratio assumes that over the long term, businesses and profitability revert to their means. If a company's business model does not work in the future compared with the past, Shiller PE Ratio and PS Ratio will give false valuations.


Chevron Shiller PE Ratio Related Terms

Thank you for viewing the detailed overview of Chevron's Shiller PE Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Chevron Business Description

Address
1400 Smith Street, Hou, TX, USA, 77002-7327
Chevron is an integrated energy company with exploration, production, and refining operations worldwide. It is the second-largest oil company in the United States with production of 3.0 million of barrels of oil equivalent a day, including 7.7 million cubic feet a day of natural gas and 1.7 million of barrels of liquids a day. Production activities take place in North America, South America, Europe, Africa, Asia, and Australia. Its refineries are in the US and Asia for total refining capacity of 1.8 million barrels of oil a day. Proven reserves at year-end 2024 stood at 9.8 billion barrels of oil equivalent, including 5.1 billion barrels of liquids and 28.4 trillion cubic feet of natural gas.

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