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Chevron Shiller PE Ratio

: 20.79 (As of Today)
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As of today (2022-10-02), Chevron's current share price is $143.67. Chevron's E10 for the quarter that ended in Jun. 2022 was $6.91. Chevron's Shiller PE Ratio for today is 20.79.

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

CVX' s Shiller PE Ratio Range Over the Past 10 Years
Min: 6.67   Med: 11.58   Max: 27.05
Current: 20.79

During the past years, Chevron's highest Shiller PE Ratio was 27.05. The lowest was 6.67. And the median was 11.58.

CVX's Shiller PE Ratio is ranked worse than
62.09% of 393 companies
in the Oil & Gas industry
Industry Median: 15.72 vs CVX: 20.79

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 Jun. 2022 was $5.950. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $6.91 for the trailing ten years ended in Jun. 2022.

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 Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Shiller PE Ratio
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 13.03 11.81 13.47 12.37 18.13

Chevron Quarterly Data
Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
Shiller PE Ratio 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 Premium Member Only Premium Member Only Premium Member Only 16.08 15.80 18.13 24.72 20.95

Competitive Comparison

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 Shiller PE Ratio Distribution

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.



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
=143.67/6.91
=20.79

* 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 Jun. 2022 is calculated as:

For example, Chevron's adjusted earnings per share data for the three months ended in Jun. 2022 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Jun. 2022 (Change)*Current CPI (Jun. 2022)
=5.95/125.0168*125.0168
=5.950

Current CPI (Jun. 2022) = 125.0168.

Chevron Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201209 2.690 97.633 3.444
201212 3.700 96.871 4.775
201303 3.180 98.209 4.048
201306 2.770 98.518 3.515
201309 2.570 98.790 3.252
201312 2.570 98.326 3.268
201403 2.360 99.695 2.959
201406 2.980 100.560 3.705
201409 2.950 100.428 3.672
201412 1.850 99.070 2.335
201503 1.370 99.621 1.719
201506 0.300 100.684 0.373
201509 1.090 100.392 1.357
201512 -0.310 99.792 -0.388
201603 -0.390 100.470 -0.485
201606 -0.780 101.688 -0.959
201609 0.680 101.861 0.835
201612 0.220 101.863 0.270
201703 1.410 102.862 1.714
201706 0.770 103.349 0.931
201709 1.030 104.136 1.237
201712 1.640 104.011 1.971
201803 1.900 105.290 2.256
201806 1.780 106.317 2.093
201809 2.110 106.507 2.477
201812 1.950 105.998 2.300
201903 1.390 107.251 1.620
201906 2.270 108.070 2.626
201909 1.360 108.329 1.569
201912 -3.510 108.420 -4.047
202003 1.930 108.902 2.216
202006 -4.440 108.767 -5.103
202009 -0.120 109.815 -0.137
202012 -0.330 109.897 -0.375
202103 0.720 111.754 0.805
202106 1.600 114.631 1.745
202109 3.190 115.734 3.446
202112 2.630 117.630 2.795
202203 3.220 121.301 3.319
202206 5.950 125.017 5.950

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  (NYSE: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

Chevron logo
Address
6001 Bollinger Canyon Road, San Ramon, CA, USA, 94583-2324
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 3.1 million of barrels of oil equivalent a day, including 7.7 million cubic feet a day of natural gas and 1.8 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 U.S. and Asia for total refining capacity of 1.8 million barrels of oil a day. Proven reserves at year-end 2021 stood at 11.3 billion barrels of oil equivalent, including 6.1 billion barrels of liquids and 30.9 trillion cubic feet of natural gas.
Executives
Bonner Eimear P officer: Vice President 6001 BOLLINGER CANYON ROAD SAN RAMON CA 94583
Hewson Marillyn A director C/O CARPENTER TECHNOLOGY CORPORATION PO BOX 14662 READING PA 19612-4662
Inchausti David A officer: Vice Pres. and Comptroller 6001 BOLLINGER CANYON ROAD SAN RAMON CA 94583
Parfitt Colin E officer: Vice President 6001 BOLLINGER CANYON ROAD SAN RAMON CA 94583
Morris Rhonda J officer: Vice President 6001 BOLLINGER CANYON ROAD SAN RAMON CA 94583
Reed Debra L director 488 8TH AVENUE SAN DIEGO CA 92101
Umpleby Iii Donald J director 510 LAKE COOK ROAD SUITE 100 DEERFIELD IL 60015
Nelson Mark A officer: Vice President 6001 BOLLINGER CANYON ROAD SAN RAMON CA 94583
Frank John director C/O OAKTREE CAPITAL MANAGEMENT 333 SOUTH GRAND 28TH FLOOR LOS ANGELES CA 90071
Austin Wanda M director 6001 BOLLINGER CANYON ROAD SAN RAMON CA 94583
Moyo Dambisa F director 10200 S. DEANZA BOULEVARD CUPERTINO CA 95014
Ourada Jeanette L officer: Vice Pres. and Comptroller 6001 BOLLINGER CANYON ROAD SAN RAMON CA 94583
Thulin Inge G director 1250 5TH AVENUE SOUTH NAPLES FL 34102
Cummings Alexander B Jr director
Huntsman Jon M Jr director 500 HUNTSMAN WAY SALT LAKE CITY UT 84108

Chevron Headlines

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