According to Exxon Mobil's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 10.6753. At the end of 2022 the company had a P/E ratio of 8.32.
Year | P/E ratio | Change |
---|---|---|
2022 | 8.32 | -26.73% |
2021 | 11.4 | -244.59% |
2020 | -7.85 | -137.81% |
2019 | 20.8 | 48.62% |
2018 | 14.0 | -22.65% |
2017 | 18.1 | -62.37% |
2016 | 48.0 | 137.13% |
2015 | 20.2 | 66.44% |
2014 | 12.2 | -11.41% |
2013 | 13.7 | 53.89% |
2012 | 8.92 | -11.26% |
2011 | 10.1 | -14.2% |
2010 | 11.7 | -31.43% |
2009 | 17.1 | 86.25% |
2008 | 9.18 | -28.41% |
2007 | 12.8 | 11.73% |
2006 | 11.5 | 17.64% |
2005 | 9.75 | -25.62% |
2004 | 13.1 | 3.6% |
2003 | 12.7 | -38.79% |
2002 | 20.7 | 17.58% |
2001 | 17.6 |
The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.
Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.