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Exxon Mobil (Exxon Mobil) PE Ratio (TTM) : 13.49 (As of Jun. 13, 2024)


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What is Exxon Mobil PE Ratio (TTM)?

The PE Ratio (TTM), or Price-to-Earnings ratio, or P/E Ratio, is a financial ratio used to compare a company's market price to its Earnings per Share (Diluted). As of today (2024-06-13), Exxon Mobil's share price is $110.04. Exxon Mobil's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2024 was $8.16. Therefore, Exxon Mobil's PE Ratio (TTM) for today is 13.49.


The historical rank and industry rank for Exxon Mobil's PE Ratio (TTM) or its related term are showing as below:

XOM' s PE Ratio (TTM) Range Over the Past 10 Years
Min: 6.93   Med: 15.13   Max: 56.15
Current: 13.49


During the past 13 years, the highest PE Ratio (TTM) of Exxon Mobil was 56.15. The lowest was 6.93. And the median was 15.13.


XOM's PE Ratio (TTM) is ranked worse than
58.51% of 658 companies
in the Oil & Gas industry
Industry Median: 11.335 vs XOM: 13.49

Exxon Mobil's Earnings per Share (Diluted) for the three months ended in Mar. 2024 was $2.06. Its Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2024 was $8.16.

As of today (2024-06-13), Exxon Mobil's share price is $110.04. Exxon Mobil's EPS without NRI for the trailing twelve months (TTM) ended in Mar. 2024 was $8.75. Therefore, Exxon Mobil's PE Ratio without NRI for today is 12.58.

During the past 13 years, Exxon Mobil's highest PE Ratio without NRI was 248.69. The lowest was 6.79. And the median was 16.12.

Exxon Mobil's EPS without NRI for the three months ended in Mar. 2024 was $2.06. Its EPS without NRI for the trailing twelve months (TTM) ended in Mar. 2024 was $8.75.

During the past 12 months, Exxon Mobil's average EPS without NRI Growth Rate was -42.00% per year.

During the past 13 years, Exxon Mobil's highest 3-Year average EPS without NRI Growth Rate was 58.00% per year. The lowest was -36.60% per year. And the median was 3.50% per year.

Exxon Mobil's EPS (Basic) for the three months ended in Mar. 2024 was $2.06. Its EPS (Basic) for the trailing twelve months (TTM) ended in Mar. 2024 was $8.16.


Exxon Mobil PE Ratio (TTM) Historical Data

The historical data trend for Exxon Mobil's PE Ratio (TTM) 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.

Exxon Mobil PE Ratio (TTM) Chart

Exxon Mobil Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PE Ratio (TTM)
Get a 7-Day Free Trial Premium Member Only Premium Member Only 20.77 At Loss 11.35 8.32 11.25

Exxon Mobil Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
PE Ratio (TTM) 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 7.42 8.58 11.68 11.25 14.25

Competitive Comparison of Exxon Mobil's PE Ratio (TTM)

For the Oil & Gas Integrated subindustry, Exxon Mobil's PE Ratio (TTM), along with its competitors' market caps and PE Ratio (TTM) 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.


Exxon Mobil's PE Ratio (TTM) Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Exxon Mobil's PE Ratio (TTM) distribution charts can be found below:

* The bar in red indicates where Exxon Mobil's PE Ratio (TTM) falls into.



Exxon Mobil PE Ratio (TTM) Calculation

The PE Ratio (TTM), or Price-to-Earnings ratio, or P/E Ratio, is a financial ratio used to compare a company's market price to its Earnings per Share (Diluted). It is the most widely used ratio in the valuation of stocks.

Exxon Mobil's PE Ratio (TTM) for today is calculated as

PE Ratio (TTM)=Share Price/Earnings per Share (Diluted) (TTM)
=110.04/8.160
=13.49

Exxon Mobil's Share Price of today is $110.04.
Exxon Mobil's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $8.16.

* 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:

PE Ratio (TTM)=Market Cap /Net Income

There are at least three kinds of PE Ratio (TTM)s used by different investors. They are Trailing Twelve Month PE Ratio (TTM) or PE Ratio (TTM) (TTM), Forward PE Ratio, or PE Ratio without NRI. A new PE Ratio (TTM) based on inflation-adjusted normalized PE Ratio (TTM) is called Shiller PE Ratio, after Yale professor Robert Shiller.

In the calculation of PE Ratio (TTM), the earnings per share used are the earnings per share over the past 12 months. For Forward PE Ratio, the earnings are the expected earnings for the next twelve months. In the case of PE Ratio without NRI, the reported earnings less the non-recurring items are used.

For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. Since it looks at the average over the last 10 years, Shiller PE Ratio is also called PE10.


Exxon Mobil  (NYSE:XOM) PE Ratio (TTM) Explanation

The PE Ratio (TTM) can be viewed as the number of years it takes for the company to earn back the price you pay for the stock. For example, if a company earns $2 a share per year, and the stock is traded at $30, the PE Ratio (TTM) is 15. Therefore it takes 15 years for the company to earn back the $30 you paid for its stock, assuming the earnings stays constant over the next 15 years.

In real business, earnings never stay constant. If a company can grow its earnings, it takes fewer years for the company to earn back the price you pay for the stock. If a company's earnings decline it takes more years. As a shareholder, you want the company to earn back the price you pay as soon as possible. Therefore, lower P/E stocks are more attractive than higher P/E stocks so long as the PE Ratio (TTM) is positive. Also for stocks with the same PE Ratio (TTM), the one with faster growth business is more attractive.

If a company loses money, the PE Ratio (TTM) becomes meaningless.

To compare stocks with different growth rates, Peter Lynch invented a ratio called PEG Ratio. PEG Ratio is defined as the PE Ratio (TTM) divided by the growth ratio. He thinks a company with a PE Ratio (TTM) equal to its growth rate is fairly valued. Still he said he would rather buy a company growing 20% a year with a PE Ratio (TTM) of 20, instead of a company growing 10% a year with a PE Ratio (TTM) of 10.

Because the PE Ratio (TTM) measures how long it takes to earn back the price you pay, the PE Ratio (TTM) can be applied to the stocks across different industries. That is why it is the one of the most important and widely used indicators for the valuation of stocks.

Similar to the PE Ratio without NRI or PS Ratio or Price-to-Operating-Cash-Flow or Price-to-Free-Cash-Flow , the PE Ratio (TTM) measures the valuation based on the earning power of the company. This is where it is different from the PB Ratio , which measures the valuation based on the company's balance sheet.


Be Aware

Investors need to be aware that the PE Ratio (TTM) can be misleading a lot of times, especially when the underlying business is cyclical and unpredictable. As Peter Lynch pointed out, cyclical businesses have higher profit margins at the peaks of the business cycles. Their earnings are high and PE Ratio (TTM)s are artificially low. It is usually a bad idea to buy a cyclical business when the PE Ratio (TTM) is low. A better ratio to identify the time to buy a cyclical businesses is the PS Ratio .

PE Ratio (TTM) can also be affected by non-recurring-items such as the sale of part of businesses. This may increase for the current year or quarter dramatically. But it cannot be repeated over and over. Therefore PE Ratio without NRI is a more accurate indication of valuation than PE Ratio (TTM).


Exxon Mobil PE Ratio (TTM) Related Terms

Thank you for viewing the detailed overview of Exxon Mobil's PE Ratio (TTM) provided by GuruFocus.com. Please click on the following links to see related term pages.


Exxon Mobil (Exxon Mobil) Business Description

Address
5959 Las Colinas Boulevard, Irving, TX, USA, 75039-2298
ExxonMobil is an integrated oil and gas company that explores for, produces, and refines oil around the world. In 2022, it produced 2.4 million barrels of liquids and 8.3 billion cubic feet of natural gas per day. At the end of 2022, reserves were 17.7 billion barrels of oil equivalent, 65% of which were liquids. The company is the world's largest refiner with a total global refining capacity of 4.6 million barrels of oil per day and is one of the world's largest manufacturers of commodity and specialty chemicals.
Executives
Jeffrey W Ubben director 1170 GORGAS AVENUE, SAN FRANCISCO CA 94129
Darrin L Talley officer: Vice President 22777 SPRINGWOODS VILLAGE PKWY, C/O EXXON MOBIL CORPORATION, SPRING TX 77389
John D Harris director C/O FLEXTRONICS INTERNATIONAL USA, INC., 6201 AMERICA CENTER DRIVE, SAN JOSE CA 95002
Lawrence W Kellner director 1600 SMITH ST., HQSEO, HOUSTON TX 77002
Leonard M. Fox officer: Vice President and Controller 5959 LAS COLINAS BOULEVARD, C/O EXXON MOBIL CORPORATION, IRVING TX 75039-2298
James R. Chapman officer: VP, Tax and Treasurer 120 TREDEGAR STREET, RICHMOND VA 23219
Stephen A Littleton officer: Vice President and Secretary 5959 LAS COLINAS BOULEVARD, IRVING TX 75039-2298
Wojnar Theodore J Jr officer: Executive Officer 5959 LAS COLINAS BOULEVARD, IRVING TX 75039-2298
Spellings James M Jr officer: Vice Pres. & Gen. Tax Counsel C/O EXXON MOBIL CORPORATION, 5959 LAS COLINAS BOULEVARD, IRVING TX 75039-2298
Linda D Ducharme officer: Executive Officer 5959 LAS COLINAS BOULEVARD, IRVING TX 75039-2298
Darren W Woods officer: Vice President C/O EXXON MOBIL CORPORATION, 5959 LAS COLINAS BOULEVARD, IRVING TX 75039-2298
Michael J Angelakis director 40 MORRIS AVENUE, BRYN MAWR PA 19010
Kathryn A Mikells officer: Senior Vice President 77 W. WACKER DRIVE, CHICAGO IL 60601
Alexander Karsner director C/O APPLIED MATERIALS, INC., 3050 BOWERS AVENUE, P.O. BOX 58039, SANTA CLARA CA 95052-8039
Kaisa Hietala director 5959 LAS COLINAS BOULEVARD, C/O EXXON MOBIL CORPORATION, 5959 LAS COLINAS BOULEVARD TX 75039-2298

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