CVX Relative Valuation - Chevron Corp

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Price: 136.7 USD -0.88%

Market Cap: 238.8B USD

Section:

Relative Value

The Relative Value of one CVX stock under the Base Case scenario is 172.6 USD. Compared to the current market price of 136.7 USD, Chevron Corp is Undervalued by 21%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

What is Relative Valuation?

How is Relative Value calculated?

CVX Relative Value

Base Case

Worst Case

Base Case

Best Case

Valuation Multiples

1.2

P/S

vs History	77
vs Industry	41

Median 5Y

1.4

Industry

1.2

Forward

1.3

More Details

15.2

P/E

vs History	23
vs Industry	14

Median 5Y

12.5

Industry

10.2

Forward

17.3

More Details

P/OCF

vs History	39
vs Industry	15

Median 5Y

7.8

Industry

4.7

More Details

11.5

P/FCFE

vs History	84
vs Industry	16

Median 5Y

16.5

Industry

More Details

1.6

P/B

vs History	57
vs Industry	22

Median 5Y

1.7

Industry

1.1

More Details

1.3

EV/S

vs History	71
vs Industry	48

Median 5Y

1.5

Industry

1.8

Forward

1.4

More Details

3.6

EV/GP

vs History	55
vs Industry	43

Median 5Y

3.7

Industry

4.6

More Details

6.6

EV/EBITDA

vs History	57
vs Industry	23

Median 5Y

6.9

Industry

5.9

Forward

6.5

More Details

11.8

EV/EBIT

vs History	41
vs Industry	18

Median 5Y

Industry

8.5

Forward

11.7

More Details

8.7

EV/OCF

vs History	38
vs Industry	20

Median 5Y

8.5

Industry

6.3

More Details

19.1

EV/FCFF

vs History	26
vs Industry	14

Median 5Y

15.4

Industry

10.4

More Details

1.1

EV/IC

vs History	61
vs Industry	26

Median 5Y

1.2

Industry

0.9

More Details

Multiples Across Competitors

All Multiples

P/S

P/E

EV/EBITDA

EV/EBIT

			Market Cap	P/S	P/E	EV/EBITDA	EV/EBIT
US		Chevron Corp NYSE:CVX	238.7B USD	1.2	15.2	6.6	11.8
SA		Saudi Arabian Oil Co SAU:2222	6.7T SAR	3.7	17.4	7.8	8.9
US		Exxon Mobil Corp NYSE:XOM	440.9B USD	1.3	13.3	6.7	10.5
CN		PetroChina Co Ltd SSE:601857	1.5T CNY	0.5	9.2	6.3	6.3
UK		Shell PLC LSE:SHEL	147.4B GBP	0.7	14.7	113.7	205.9
NL	R	Royal Dutch Shell PLC OTC:RYDAF	201B USD	0.7	14.9	4.5	8.2
FR		TotalEnergies SE PAR:TTE	114.7B EUR	0.7	9.6	4	6.3
CN		China Petroleum & Chemical Corp SSE:600028	701B CNY	0.2	15.5	17.2	17.2
UK		BP PLC LSE:BP	56.4B GBP	0.4	-63.5	108.1	263.2
BR		Petroleo Brasileiro SA Petrobras BOVESPA:PETR4	398.3B BRL	0.8	8.3	3.3	4.8
NO		Equinor ASA OSE:EQNR	649.1B NOK	0.6	7.3	1.5	1.9

				Revenue Growth	P/S to Growth
US		Chevron Corp NYSE:CVX	Average P/S: 1 1.2	0%	N/A
SA		Saudi Arabian Oil Co SAU:2222	3.7	-2%	N/A
US		Exxon Mobil Corp NYSE:XOM	1.3	1%	1.3
CN		PetroChina Co Ltd SSE:601857	0.5	-1%	N/A
UK		Shell PLC LSE:SHEL	0.7	3%	0.2
NL	R	Royal Dutch Shell PLC OTC:RYDAF	0.7	3%	0.2
FR		TotalEnergies SE PAR:TTE	0.7	3%	0.2
CN		China Petroleum & Chemical Corp SSE:600028	0.2	1%	0.2
UK		BP PLC LSE:BP	0.4	0%	N/A
BR		Petroleo Brasileiro SA Petrobras BOVESPA:PETR4	0.8	2%	0.4
NO		Equinor ASA OSE:EQNR	0.6	-2%	N/A

				Earnings Growth	PEG
US		Chevron Corp NYSE:CVX	Average P/E: 12.5 15.2	8%	1.9
SA		Saudi Arabian Oil Co SAU:2222	17.4	3%	5.8
US		Exxon Mobil Corp NYSE:XOM	13.3	8%	1.7
CN		PetroChina Co Ltd SSE:601857	9.2	0%	N/A
UK		Shell PLC LSE:SHEL	14.7	-8%	N/A
NL	R	Royal Dutch Shell PLC OTC:RYDAF	14.9	-8%	N/A
FR		TotalEnergies SE PAR:TTE	9.6	8%	1.2
CN		China Petroleum & Chemical Corp SSE:600028	15.5	6%	2.6
UK		BP PLC LSE:BP	Negative Multiple: -63.5	66%	N/A
BR		Petroleo Brasileiro SA Petrobras BOVESPA:PETR4	8.3	15%	0.6
NO		Equinor ASA OSE:EQNR	7.3	2%	3.6

US	Johnson & Johnson NYSE:JNJ	Pharmaceuticals
US	Berkshire Hathaway Inc NYSE:BRK.A	Financial Services
US	Bank of America Corp NYSE:BAC	Banking
US	Mastercard Inc NYSE:MA	Technology
US	UnitedHealth Group Inc NYSE:UNH	Health Care
US	Exxon Mobil Corp NYSE:XOM	Energy
US	Pfizer Inc NYSE:PFE	Pharmaceuticals
US	Palantir Technologies Inc NYSE:PLTR	Technology
US	Nike Inc NYSE:NKE	Textiles, Apparel & Luxury Goods
US	Visa Inc NYSE:V	Technology
CN	Alibaba Group Holding Ltd NYSE:BABA	Retail
US	JPMorgan Chase & Co NYSE:JPM	Banking
US	Coca-Cola Co NYSE:KO	Beverages
US	Walmart Inc NYSE:WMT	Retail
US	Verizon Communications Inc NYSE:VZ	Telecommunication
US	Chevron Corp NYSE:CVX	Energy

	Johnson & Johnson NYSE:JNJ	155.21 USD 1.06%
	Berkshire Hathaway Inc NYSE:BRK.A	757 400 USD -0.16%
	Bank of America Corp NYSE:BAC	44.13 USD -0.25%
	Mastercard Inc NYSE:MA	585.6 USD 1.35%
	UnitedHealth Group Inc NYSE:UNH	301.91 USD 1.25%
	Exxon Mobil Corp NYSE:XOM	102.3 USD -0.38%

	Franklin Covey Co NYSE:FC	23.38 USD -1.31%
	Mohawk Industries Inc NYSE:MHK	100.61 USD -1.49%
	Ardmore Shipping Corp NYSE:ASC	9.61 USD 0.1%
	ASGN Inc NYSE:ASGN	52.81 USD -0.09%
	Skyworks Solutions Inc NASDAQ:SWKS	69.03 USD -0.68%
	Weatherford International PLC NASDAQ:WFRD	43.6 USD -4.49%

	Johnson & Johnson NYSE:JNJ	155.21 USD 1.06%
	Bank of America Corp NYSE:BAC	44.13 USD -0.25%
	Mastercard Inc NYSE:MA	585.6 USD 1.35%
	Salesforce Inc NYSE:CRM	265.37 USD -0.58%
	Abbvie Inc NYSE:ABBV	186.11 USD 0.26%
	Home Depot Inc NYSE:HD	368.29 USD

	Arista Networks Inc NYSE:ANET	86.64 USD 0.31%
	Visa Inc NYSE:V	365.19 USD 0.77%
	Texas Pacific Land Corp NYSE:TPL	1 114.03 USD -7.03%
	KLA Corp NASDAQ:KLAC	756.88 USD -2.21%
	Manhattan Associates Inc NASDAQ:MANH	188.78 USD -0.06%
	Monolithic Power Systems Inc NASDAQ:MPWR	661.9 USD -2.76%

Chevron Corp
NYSE:CVX

Relative Value

Valuation Multiples

Multiples Across Competitors

CVX Competitors Multiples
Chevron Corp Competitors

See Also

Company

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Stocks

				EBITDA Growth	EV/EBITDA to Growth
US		Chevron Corp NYSE:CVX	Average EV/EBITDA: 25.4 6.6	8%	0.8
SA		Saudi Arabian Oil Co SAU:2222	7.8	1%	7.8
US		Exxon Mobil Corp NYSE:XOM	6.7	6%	1.1
CN		PetroChina Co Ltd SSE:601857	6.3	22%	0.3
UK		Shell PLC LSE:SHEL	113.7	-2%	N/A
NL	R	Royal Dutch Shell PLC OTC:RYDAF	4.5	-2%	N/A
FR		TotalEnergies SE PAR:TTE	4	1%	4
CN		China Petroleum & Chemical Corp SSE:600028	17.2	47%	0.4
UK		BP PLC LSE:BP	108.1	7%	15.4
BR		Petroleo Brasileiro SA Petrobras BOVESPA:PETR4	3.3	6%	0.5
NO		Equinor ASA OSE:EQNR	1.5	-4%	N/A

				EBIT Growth	EV/EBIT to Growth
US		Chevron Corp NYSE:CVX	Average EV/EBIT: 49.5 11.8	5%	2.4
SA		Saudi Arabian Oil Co SAU:2222	8.9	2%	4.4
US		Exxon Mobil Corp NYSE:XOM	10.5	7%	1.5
CN		PetroChina Co Ltd SSE:601857	6.3	-3%	N/A
UK		Shell PLC LSE:SHEL	205.9	0%	N/A
NL	R	Royal Dutch Shell PLC OTC:RYDAF	8.2	0%	N/A
FR		TotalEnergies SE PAR:TTE	6.3	0%	N/A
CN		China Petroleum & Chemical Corp SSE:600028	17.2	9%	1.9
UK		BP PLC LSE:BP	263.2	15%	17.5
BR		Petroleo Brasileiro SA Petrobras BOVESPA:PETR4	4.8	5%	1
NO		Equinor ASA OSE:EQNR	1.9	-4%	N/A

	Chevron Corp NYSE:CVX	136.7 USD -0.88%
C	Conrad Asia Energy Ltd ASX:CRD	0.7 AUD -0.71%

	Accenture PLC NYSE:ACN	316.82 USD -0.29%
	ServiceNow Inc NYSE:NOW	1 011.09 USD -0.41%
	Spotify Technology SA NYSE:SPOT	665.14 USD 4.47%
	Monster Beverage Corp NASDAQ:MNST	63.95 USD 0.49%
	Applied Materials Inc NASDAQ:AMAT	156.75 USD -1.71%
	Synopsys Inc NASDAQ:SNPS	463.98 USD 1.98%

52 Week Range	133.73 168.51
Price Target

Chevron Corp NYSE:CVX

Relative Value

Valuation Multiples

Multiples Across Competitors

CVX Competitors Multiples Chevron Corp Competitors

See Also

Company

Help

Tools

Stocks

Chevron Corp
NYSE:CVX

CVX Competitors Multiples
Chevron Corp Competitors