Exxon Mobil
XOM
#9
Rank
$428.70 B
Marketcap
$102.87
Share price
0.79%
Change (1 day)
70.06%
Change (1 year)

P/E ratio for Exxon Mobil (XOM)

P/E ratio as of October 2022 (TTM): 11.2

According to Exxon Mobil's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 11.1663. At the end of 2021 the company had a P/E ratio of 11.4.

P/E ratio history for Exxon Mobil from 2001 to 2022

PE ratio at the end of each year

Year P/E ratio Change
202111.4-244.59%
2020-7.85-137.81%
201920.848.62%
201814.0
201648.0137.13%
201520.266.44%
201412.2-11.41%
201313.753.89%
20128.92-11.26%
201110.1

How to read a P/E ratio?

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.