Chevron Forward P/E
What is the Forward P/E of Chevron?
The Forward P/E of Chevron Corporation is 11.49
What is the definition of Forward P/E?
Forward price to earnings ratio is the ratio of a company’s stock price to the company’s estimated earnings per share for the next twelve months.
The forward price to earnings ratio is similar to trailing price to earnings ratio but instead of net income uses estimated net earnings over next 12 months. Estimates are typically derived as the mean of those published by a select group of analysts with selection criteria varying. The forward price-to-earnings ratio is a powerful, but limited tool. It allows a quick snapshot of the company’s finances without getting down in the details of an accounting report.
Forward P/E of companies in the Energy sector on EURONEXT compared to Chevron
What does Chevron do?
Chevron Corporation, through its subsidiaries, engages in integrated energy and chemicals operations worldwide. The company operates in two segments, Upstream and Downstream. The Upstream segment is involved in the exploration, development, production, and transportation of crude oil and natural gas; processing, liquefaction, transportation, and regasification associated with liquefied natural gas; transportation of crude oil through pipelines; and transportation, storage, and marketing of natural gas, as well as operates a gas-to-liquids plant. The Downstream segment engages in refining crude oil into petroleum products; marketing crude oil, refined products, and lubricants; manufacturing and marketing of renewable fuels; transporting crude oil and refined products by pipeline, marine vessel, motor equipment, and rail car; and manufacturing and marketing of commodity petrochemicals, plastics for industrial uses, and fuel and lubricant additives. It is also involved in the cash management and debt financing activities; insurance operations; real estate activities; and technology businesses. The company was formerly known as ChevronTexaco Corporation and changed its name to Chevron Corporation in 2005. Chevron Corporation was founded in 1879 and is based in San Ramon, California.
Companies with forward p/e similar to Chevron
- Royal Vopak NV has Forward P/E of 11.48
- Stockland Stapled Securities has Forward P/E of 11.48
- Omnicom has Forward P/E of 11.48
- Technip Energies N.V has Forward P/E of 11.48
- Century Communities Inc has Forward P/E of 11.49
- Seanergy Maritime Corp has Forward P/E of 11.49
- Chevron has Forward P/E of 11.49
- Conduent Inc has Forward P/E of 11.50
- Conduent Inc has Forward P/E of 11.50
- Cello Health plc has Forward P/E of 11.51
- Samsonite International SA has Forward P/E of 11.51
- Cheesecake Factory has Forward P/E of 11.52
- Alstom SA has Forward P/E of 11.52