P/E ratio for Exxon Mobil (XOM)
P/E ratio as of March 2023 (TTM): 8.66
According to Exxon Mobil's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 8.66122. 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 |
|---|---|---|
| 2021 | 11.4 | -244.59% |
| 2020 | -7.85 | -137.81% |
| 2019 | 20.8 | 48.62% |
| 2018 | 14.0 | |
| 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 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 BP BP | -70.1 | -909.79% | 🇬🇧 UK |
 ConocoPhillips COP | 7.14 | -17.61% | 🇺🇸 USA |
 Occidental Petroleum OXY | 4.65 | -46.30% | 🇺🇸 USA |
 Phillips 66 PSX | 4.41 | -49.08% | 🇺🇸 USA |
 Chevron CVX | 8.92 | 2.98% | 🇺🇸 USA |
 Honeywell HON | 24.2 | 179.38% | 🇺🇸 USA |
 Hess HES | 17.4 | 100.60% | 🇺🇸 USA |
 HollyFrontier HFC | 10.7 | 23.57% | 🇺🇸 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.