Exxon Mobil
XOM
#17
Rank
$397.35 B
Marketcap
$99.42
Share price
0.31%
Change (1 day)
-4.29%
Change (1 year)

P/E ratio for Exxon Mobil (XOM)

P/E ratio as of December 2023 (TTM): 9.84

According to Exxon Mobil's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 9.8421. At the end of 2022 the company had a P/E ratio of 8.32.

P/E ratio history for Exxon Mobil from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20228.32-26.73%
202111.4-244.59%
2020-7.85-137.81%
201920.848.62%
201814.0-22.65%
201718.1-62.37%
201648.0137.13%
201520.266.44%
201412.2-11.41%
201313.753.89%
20128.92-11.26%
201110.1-14.2%
201011.7-31.43%
200917.186.25%
20089.18-28.41%
200712.811.73%
200611.517.64%
20059.75-25.62%
200413.13.6%
200312.7-38.79%
200220.717.58%
200117.6

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
4.04-58.97%๐Ÿ‡ฌ๐Ÿ‡ง UK
12.1 22.59%๐Ÿ‡บ๐Ÿ‡ธ USA
8.83-10.33%๐Ÿ‡บ๐Ÿ‡ธ USA
7.51-23.72%๐Ÿ‡บ๐Ÿ‡ธ USA
10.5 7.11%๐Ÿ‡บ๐Ÿ‡ธ USA
24.3 146.88%๐Ÿ‡บ๐Ÿ‡ธ USA
26.2 166.60%๐Ÿ‡บ๐Ÿ‡ธ USA
10.7 8.75%๐Ÿ‡บ๐Ÿ‡ธ USA

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.