Chevron Corporation P/B Ratio
Data as of June 01, 2026
P/B Ratio
1.96
Stock Price
$182.46
Book Value/Share
$92.91
Sector
Energy
How It's Calculated
1.96 = $182.46 ÷ $92.91
What This Means
Chevron Corporation's P/B ratio of 1.96 is in the normal range, suggesting the market values the company roughly in line with its net assets.
About Chevron Corporation
Chevron Corporation (CVX) operates in the Energy sector, specifically in Oil & Gas Integrated. With a market capitalization of about $363.39B, it ranks as a mega-cap stock — one of the largest publicly traded companies.
Shares recently traded near $182.46, within a 52-week range of $136.43 to $214.71 (-15.0% from the high, +33.7% from the low). Beta of 0.50 indicates relatively lower volatility versus the market.
Trailing profit margin is about 5.9%, signaling modest profitability that investors should weigh against growth plans.
Understanding This Metric
The price-to-book ratio compares market price to net asset value per share. For Chevron Corporation, P/B is especially useful when earnings are volatile or temporarily depressed. In Energy, asset-heavy business models often anchor closer to book value, while asset-light models may trade far above book.
Sector Comparison
Among Energy names on our S&P 100 coverage, Chevron Corporation's P/B ratio of 1.96 can be compared with peers such as XOM (2.34), COP (2.15), SLB (2.98). Sector context helps interpretation, but each company's growth profile and balance sheet differ — use multiple metrics before drawing conclusions. View all Energy stocks.
Key Takeaways
- CVX is grouped in the Energy sector for peer comparisons.
- Recent beta of 0.50 suggests lower-than-market price sensitivity.
- Trailing profit margin of 5.9% provides context for how much earnings support the headline multiple.
Related Tools & Guides
Explore calculators and guides connected to this metric, or view all metrics for CVX.
Other CVX Metrics
Frequently Asked Questions
What does CVX's price-to-book ratio indicate?
P/B compares share price to book value per share. Chevron Corporation's P/B of 1.96 reflects how the market prices net assets — especially relevant for asset-heavy Energy business models.
Is 1.96 above or below book value?
A P/B above 1.0 (1.96) means the market values CVX above accounting book value — often due to brands, growth, or intangible assets.
How does P/B compare within Energy?
Peer P/B levels in Energy (e.g. SLB (2.98), XOM (2.34), EOG (2.31)) provide context; asset-light vs asset-heavy models differ materially.
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