As of today (2024-04-25), Chevron's share price is $163.57. Chevron's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $83.74. Hence, Chevron's Price to Tangible Book Ratio of today is 1.95.
The historical rank and industry rank for Chevron's Price-to-Tangible-Book or its related term are showing as below:
CVX'
s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.14 Med: 1.6 Max: 2.22
Current: 1.95
During the past 13 years, Chevron's highest Price to Tangible Book Ratio was 2.22. The lowest was 1.14. And the median was 1.60.
CVX's Price-to-Tangible-Book is ranked worse than 66.74% of 926
companies
in the Oil & Gas industry
Industry Median: 1.31
vs CVX: 1.95
A closely related ratio is called PB Ratio. As of today, Chevron's share price is $163.57. Chevron's Book Value per Sharefor the quarter that ended in Dec. 2023 was $86.27. Hence, Chevron's P/B Ratio of today is 1.90.
Chevron Price-to-Tangible-Book Historical Data
The historical data trend for Chevron's Price-to-Tangible-Book 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.
Competitive Comparison of Chevron's Price-to-Tangible-Book
For the Oil & Gas Integrated subindustry, Chevron's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book 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 Price-to-Tangible-Book Distribution in the Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Chevron's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where Chevron's Price-to-Tangible-Book falls into.
Chevron Price-to-Tangible-Book Calculation
Chevron's price-to-tangible-book ratio for today is calculated as:
* 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.
It can also be calculated from the numbers for the whole company:
A closely related ratio is called PB Ratio. The difference between Price-to-Tangible-Book Ratio and PB Ratio is that book value other than intangibles are used in the calculation.
Be Aware
Some businesses have very light assets, such as software companies or insurance agencies. The Price-to-Book Ratio does not work well for these companies. Some companies even have negative equity, so the Price-to-Book Ratio cannot be applied to them.
Chevron Price-to-Tangible-Book Related Terms
Thank you for viewing the detailed overview of Chevron's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.
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.
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