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Chevron (Chevron) Median PS Value

: $156.20 (As of Today)
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This valuation method assumes that the stock valuation will revert to its historical (10-Year) mean in terms of PS Ratio. The reason we use PS Ratio instead of PE Ratio or PB Ratio is because PS Ratio is independent of profit margin, and can be applied to a broader range of situations.

Median PS Value is calculated as trailing twelve months (TTM) Revenue per Share times 10-Year median PS Ratio. Chevron's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was $104.745. Chevron's 10-Year median PS Ratio is 1.4912. Therefore, the Median PS Value for today is $156.20.

As of today (2024-04-19), Chevron's share price is $157.57. Chevron's Median PS Value is $156.20. Therefore, Chevron's Price to Median PS Value for today is 1.01.

The historical rank and industry rank for Chevron's Median PS Value or its related term are showing as below:

CVX' s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.95   Med: 1.36   Max: 2.12
Current: 1.01

During the past 13 years, the highest Price to Median PS Value of Chevron was 2.12. The lowest was 0.95. And the median was 1.36.

CVX's Price-to-Median-PS-Value is ranked worse than
60.28% of 569 companies
in the Oil & Gas industry
Industry Median: 0.86 vs CVX: 1.01

Chevron Median PS Value Historical Data

The historical data trend for Chevron's Median PS Value 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 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Median PS Value
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 79.59 57.26 113.81 180.27 156.20

Chevron Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Median PS Value 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 180.27 178.48 166.27 159.38 156.20

Competitive Comparison

For the Oil & Gas Integrated subindustry, Chevron's Price-to-Median-PS-Value, along with its competitors' market caps and Price-to-Median-PS-Value 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 Price-to-Median-PS-Value Distribution

For the Oil & Gas industry and Energy sector, Chevron's Price-to-Median-PS-Value distribution charts can be found below:

* The bar in red indicates where Chevron's Price-to-Median-PS-Value falls into.



Chevron Median PS Value Calculation

Chevron's Median PS Value for today is calculated as

Median PS Value=Revenue per Share (TTM)*10-Year Median PS Ratio
=104.745*1.4912
=156.20

10-Year Median PS Ratio is 1.4912.
Chevron's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $104.745.

* 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  (NYSE:CVX) Median PS Value Explanation

This valuation method assumes that the stock valuation will revert to its historical (10-Year) mean in terms of PS Ratio. The reason we use PS Ratio instead of PE Ratio or PB Ratio is because PS Ratio is independent of profit margin, and can be applied to a broader range of situations.

It also assumes that over time the profit margin is constant. If a company increases its profit margin to a sustainable level, this value might under-estimate its value. If it has permanent declined profit margins, this may over-estimate the company's value.

Chevron's Price to Median PS Value for today is calculated as

Price to Median PS Value=Share Price/Median PS Value
=157.57/156.20
=1.01

* 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 Median PS Value Related Terms

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


Chevron (Chevron) Business Description

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 3.0 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 U.S. and Asia for total refining capacity of 1.8 million barrels of oil a day. Proven reserves at year-end 2022 stood at 11.2 billion barrels of oil equivalent, including 6.1 billion barrels of liquids and 30.9 trillion cubic feet of natural gas.
Executives
Pierre R Breber officer: Vice President and President 6001 BOLLINGER CANYON ROAD, SAN RAMON CA 94583
Jeff B Gustavson officer: Vice President 6001 BOLLINGER CANYON ROAD, SAN RAMON CA 94583
Alana K Knowles officer: VP and Controller 6001 BOLLINGER CANYON ROAD, SAN RAMON CA 94583
Rhonda J Morris officer: Vice President 6001 BOLLINGER CANYON ROAD, SAN RAMON CA 94583
James William Johnson officer: Senior Vice President 5125 DOLIVER DRIVE, HOUSTON TX 77056
Alice P Gast director LEHIGH UNIVERSITY, 27 MEMORIAL DRIVE WEST, BETHLEHEM PA 18015
Michael K Wirth officer: Executive Vice President 6001 BOLLINGER CANYON ROAD, SAN RAMON CA 94583
R. Hewitt Pate officer: VP and General Counsel 6001 BOLLINGER CANYON ROAD, SAN RAMON CA 94583
Andrew Nigel Hearne officer: Executive Vice President 6001 BOLLINGER CANYON ROAD, SAN RAMON CA 94583
Wanda M Austin director 6001 BOLLINGER CANYON ROAD, SAN RAMON CA 94583
Cynthia J Warner director 1925 WEST FIELD COURT, SUITE 200, LAKE FOREST IL 60045
Joseph C Geagea officer: Senior Vice President 6001 BOLLINGER CANYON ROAD, SAN RAMON CA 94583
Enrique Jr Hernandez director INTER-CON SECURITY SYSTEMS, INC., 210 SOUTH DELACEY AVENUE, PASADENA CA 91105
David A Inchausti officer: Vice Pres. and Comptroller 6001 BOLLINGER CANYON ROAD, SAN RAMON CA 94583
Mark A Nelson officer: Vice President 6001 BOLLINGER CANYON ROAD, SAN RAMON CA 94583

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