Chevron Corporation (CVX) Valuation
Historical valuation analysis based on 500 data points (2024-08-30 to 2026-08-28)
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 2025 worldwide net oil-equiva...
Chevron Corporation (CVX) currently trades at a P/E ratio of 36.11 (historical range: 13.56–37.32, median: 19.91), placing it at the 98th percentile — expensive relative to its history, P/S ratio of 2.09 (range: 1.16–2.16, 98th percentile — expensive relative to its history), EV/EBITDA of 5.18 (range: 3.40–6.89, 87th percentile).
Over the historical period (2024-08-30 to 2026-08-28), Chevron Corporation's P/E ratio has expanded by 65% over the observed period (from an average of 16.8 to 27.8).
Chevron Corporation appears overvalued relative to its own historical valuation range, trading at elevated multiples across most metrics.
Historical Valuation Metrics
| Metric | Current | Min | Median | Max | Percentile | Assessment |
|---|---|---|---|---|---|---|
| P/E Ratio | 36.11 | 13.56 | 19.91 | 37.32 | 98th | expensive relative to its history |
| P/S Ratio | 2.09 | 1.16 | 1.43 | 2.16 | 98th | expensive relative to its history |
| EV/EBITDA | 5.18 | 3.40 | 4.58 | 6.89 | 87th | expensive relative to its history |
| FCF Yield | 0.04 | 0.00 | 0.04 | 0.06 | 70th | below its historical average |