Exxon Mobil Forward P/E

What is the Forward P/E of Exxon Mobil?

The Forward P/E of Exxon Mobil Corp. is 10.35

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 NYSE compared to Exxon Mobil

What does Exxon Mobil do?

ExxonMobil Corporation is an American multinational oil and gas corporation and the largest direct descendant of John D. Rockefellers Standard Oil. 

Companies with forward p/e similar to Exxon Mobil