Chevron (CVX) - P/B ratio

P/B ratio as of March 2026 : 2.20

According to Chevron's latest financial reports the company has a price-to-book ratio of 2.29338.
The price-to-book ratio is a way to measure how much the stock market thinks a company is worth compared to how much the company says its assets are worth on paper.

Chevron - P/B ratio (from 2001 to 2025)

P/B ratio by year

Year	P/B ratio	Change
2025-12-31	1.63	-2.5%
2024-12-31	1.68	-3.6%
2023-12-31	1.74	-19.72%
2022-12-31	2.17	33.99%
2021-12-31	1.62	31.98%
2020-12-31	1.22	-21.59%
2019-12-31	1.56	17.44%
2018-12-31	1.33	-16.48%
2017-12-31	1.59	5.16%
2016-12-31	1.51	37.59%
2015-12-31	1.10	-18.47%
2014-12-31	1.35	-15.04%
2013-12-31	1.59	4.04%
2012-12-31	1.53	-11.93%
2011-12-31	1.73	0.18%
2010-12-31	1.73	3.67%
2009-12-31	1.67	-1.87%
2008-12-31	1.70	-32.58%
2007-12-31	2.52	9.66%
2006-12-31	2.30	14.19%
2005-12-31	2.02	-17.28%
2004-12-31	2.44	-4.19%
2003-12-31	2.54	90.02%
2002-12-31	1.34

P/B ratio for similar companies or competitors

Company	P/B ratio	P/B ratio differencediff.	Country
Shell SHEL	1.48	-32.73%	🇬🇧 UK
BP BP	1.61	-26.81%	🇬🇧 UK
ConocoPhillips COP	2.55	15.86%	🇺🇸 USA
Phillips 66 PSX	2.49	13.35%	🇺🇸 USA
Exxon Mobil XOM	2.66	21.05%	🇺🇸 USA
Hess HES	3.72	69.02%	🇺🇸 USA
Suncor Energy SU	2.40	9.02%	🇨🇦 Canada

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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