According to Phillips 66's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 9.81021. At the end of 2022 the company had a P/E ratio of 4.52.
Year | P/E ratio | Change |
---|---|---|
2022 | 4.52 | -81.47% |
2021 | 24.4 | -415.34% |
2020 | -7.74 | -147.22% |
2019 | 16.4 | 127.83% |
2018 | 7.19 | -29.12% |
2017 | 10.1 | -65.48% |
2016 | 29.4 | 179.54% |
2015 | 10.5 | 23.03% |
2014 | 8.55 | -32.86% |
2013 | 12.7 | 56.37% |
2012 | 8.14 |
Company | P/E ratio | P/E ratio differencediff. | Country |
---|---|---|---|
Marathon Petroleum MPC | 7.49 | -23.67% | ๐บ๐ธ USA |
Exxon Mobil XOM | 11.5 | 17.67% | ๐บ๐ธ USA |
Chevron CVX | 11.7 | 18.93% | ๐บ๐ธ USA |
HollyFrontier HFC | 10.7 | 9.10% | ๐บ๐ธ USA |
Valero Energy VLO | 5.82 | -40.72% | ๐บ๐ธ USA |
Calumet Specialty Products Partners CLMT | -27.0 | -375.41% | ๐บ๐ธ USA |
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.