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Chevron (MEX:CVX) Shiller PE Ratio : 19.53 (As of Jul. 02, 2025)


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What is Chevron Shiller PE Ratio?

As of today (2025-07-02), Chevron's current share price is MXN2715.40. Chevron's E10 for the quarter that ended in Mar. 2025 was MXN139.01. Chevron's Shiller PE Ratio for today is 19.53.

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

MEX:CVX' s Shiller PE Ratio Range Over the Past 10 Years
Min: 6.64   Med: 12.99   Max: 27.05
Current: 21.22

During the past years, Chevron's highest Shiller PE Ratio was 27.05. The lowest was 6.64. And the median was 12.99.

MEX:CVX's Shiller PE Ratio is ranked worse than
63.77% of 403 companies
in the Oil & Gas industry
Industry Median: 15.77 vs MEX:CVX: 21.22

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 MXN40.916. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is MXN139.01 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
=2715.40/139.01
=19.53

* 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)
=40.916/134.9266*134.9266
=40.916

Current CPI (Mar. 2025) = 134.9266.

Chevron Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201506 4.707 100.684 6.308
201509 18.419 100.392 24.755
201512 -5.330 99.792 -7.207
201603 -6.713 100.470 -9.015
201606 -14.425 101.688 -19.140
201609 13.148 101.861 17.416
201612 4.536 101.863 6.008
201703 26.549 102.862 34.825
201706 13.919 103.349 18.172
201709 18.692 104.136 24.219
201712 32.209 104.011 41.783
201803 34.518 105.290 44.234
201806 34.976 106.317 44.388
201809 39.468 106.507 50.000
201812 38.288 105.998 48.737
201903 26.963 107.251 33.921
201906 43.604 108.070 54.440
201909 26.849 108.329 33.441
201912 -66.199 108.420 -82.383
202003 45.255 108.902 56.070
202006 -102.485 108.767 -127.133
202009 -2.651 109.815 -3.257
202012 -6.564 109.897 -8.059
202103 14.718 111.754 17.770
202106 31.850 114.631 37.489
202109 65.593 115.734 76.470
202112 53.952 117.630 61.885
202203 64.113 121.301 71.315
202206 119.702 125.017 129.191
202209 116.265 125.227 125.271
202212 64.922 125.222 69.954
202303 62.366 127.348 66.078
202306 54.860 128.729 57.501
202309 60.618 129.860 62.983
202312 20.709 129.419 21.590
202403 49.291 131.776 50.469
202406 44.518 132.554 45.315
202409 48.832 133.029 49.529
202412 38.374 133.157 38.884
202503 40.916 134.927 40.916

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  (MEX:CVX) 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.