As of June 4, 2025, Chevron Corp (CVX) reports a Forward P/E of 17.27.
Forward P/E gauges the price investors pay for each dollar of anticipated earnings, offering insight into a stock's future valuation.
Comparing Chevron Corp's Forward P/E to Peers
To better understand Chevron Corp's position, it's useful to compare its Forward P/E against industry peers. Below are selected comparisons:
| Company | Forward P/E |
|---|---|
| Chevron Corp (CVX) | 17.27 |
| BP PLC (BP.L) | 900.35 |
| Par Pacific Holdings Inc (PARR) | 255.54 |
| HollyFrontier Corp (HFC) | 36.39 |
| Phillips 66 (PSX) | 24.73 |
| Marathon Petroleum Corp (MPC) | 20.42 |
Compared to its competitors, Chevron Corp's Forward P/E is about average compared to peers, indicating growth expectations in line with industry peers.