Chevron Corporation

LSE:0R2Q Stock Report

Market Cap: US$332.4b

Chevron Valuation

Is 0R2Q undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

3/6

Valuation Score 3/6

  • Below Future Cash Flow Value

  • Significantly Below Future Cash Flow Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Future Cash Flow Value

What is the Fair Price of 0R2Q when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Ultimate guide to DCF valuation for stock investing

Learn how to determine fair value like the best investors in the world.

Below Future Cash Flow Value: 0R2Q ($172.18) is trading below our estimate of future cash flow value ($504.78)

Significantly Below Future Cash Flow Value: 0R2Q is trading below future cash flow value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 0R2Q?

Key metric: As 0R2Q is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 0R2Q. This is calculated by dividing 0R2Q's market cap by their current earnings.
What is 0R2Q's PE Ratio?
PE Ratio31.3x
EarningsUS$11.01b
Market CapUS$332.41b

Price to Earnings Ratio vs Peers

How does 0R2Q's PE Ratio compare to its peers?

The above table shows the PE ratio for 0R2Q vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average18.7x
SHEL Shell
12x5.22%UK£167.7b
BP. BP
30.5x10.54%UK£73.3b
857 PetroChina
9x2.47%HK$1.9t
XOM ExxonMobil Holdings
23.2x10.36%US$565.5b
0R2Q Chevron
31.3x11.54%US$332.4b

Price-To-Earnings vs Peers: 0R2Q is expensive based on its Price-To-Earnings Ratio (31.3x) compared to the peer average (18.7x).

Historical Price to Earnings Ratio

Historical Price to Earnings Ratio compares a stock's price to its earnings over time. Higher ratios indicate that investors are willing to pay more for the stock.

Fetching historical data

Price to Earnings Ratio vs Industry

How does 0R2Q's PE Ratio compare vs other companies in the GB Oil and Gas Industry?

4 CompaniesPrice / EarningsEstimated GrowthMarket Cap
ROSN Rosneft Oil
1.5xn/aUS$21.03b
HUR Hurricane Energy
1.8xn/aUS$194.90m
SAVE Savannah Energy
1.3xn/aUS$149.00m
COR Corpus Resources
0.3xn/aUS$1.19m
No more companies available in this PE range
0R2Q 31.3xIndustry Avg. 15.4xNo. of Companies4PE0816243240+
4 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 0R2Q is expensive based on its Price-To-Earnings Ratio (31.3x) compared to the European Oil and Gas industry average (15.3x).

Price to Earnings Ratio vs Fair Ratio

What is 0R2Q's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

0R2Q PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio31.3x
Fair PE Ratio28x

Price-To-Earnings vs Fair Ratio: 0R2Q is expensive based on its Price-To-Earnings Ratio (31.3x) compared to the estimated Fair Price-To-Earnings Ratio (28x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst 0R2Q forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentUS$172.18
US$216.48
+25.73%
7.10%US$236.00US$170.00n/a23
Jul ’27US$166.36
US$217.14
+30.52%
7.03%US$236.00US$170.00n/a22
Jun ’27US$186.44
US$216.09
+15.90%
7.50%US$236.00US$170.00n/a23
May ’27US$190.65
US$213.48
+11.97%
8.32%US$236.00US$165.00n/a23
Apr ’27US$196.33
US$202.38
+3.08%
10.51%US$242.00US$165.00n/a24
Mar ’27US$186.38
US$183.46
-1.57%
7.18%US$212.00US$165.00n/a24
Feb ’27US$175.16
US$178.50
+1.91%
7.51%US$206.00US$156.00n/a24
Jan ’27US$152.30
US$172.42
+13.21%
9.12%US$206.00US$124.00n/a24
Dec ’26US$152.93
US$172.92
+13.07%
9.03%US$204.00US$124.00n/a25
Nov ’26US$159.06
US$170.80
+7.38%
8.93%US$197.00US$124.00n/a25
Oct ’26US$154.39
US$169.74
+9.94%
8.97%US$197.00US$124.00n/a23
Sep ’26US$160.79
US$168.13
+4.57%
9.12%US$197.00US$124.00n/a23
Aug ’26US$150.86
US$165.64
+9.79%
8.80%US$186.00US$124.00n/a22
Jul ’26US$145.58
US$163.53
+12.33%
9.13%US$186.00US$124.00US$166.3623
Jun ’26US$136.36
US$162.46
+19.14%
8.90%US$186.00US$124.00US$186.4422
May ’26US$136.44
US$167.45
+22.73%
10.08%US$197.00US$124.00US$190.6521
Apr ’26US$167.63
US$176.89
+5.52%
6.53%US$203.00US$156.00US$196.3323
Mar ’26US$157.29
US$176.80
+12.40%
6.49%US$203.00US$156.00US$186.3823
Feb ’26US$149.71
US$176.80
+18.09%
5.90%US$197.00US$156.00US$175.1623
Jan ’26US$145.07
US$175.71
+21.12%
6.75%US$197.00US$154.00US$152.3023
Dec ’25US$161.93
US$173.41
+7.09%
6.28%US$194.00US$154.00US$152.9323
Nov ’25US$153.32
US$169.22
+10.37%
7.22%US$192.00US$145.00US$159.0623
Oct ’25US$149.18
US$171.46
+14.94%
7.44%US$196.00US$150.00US$154.3922
Sep ’25US$146.49
US$177.27
+21.01%
8.55%US$205.00US$154.00US$160.7922
Aug ’25US$152.48
US$181.90
+19.30%
8.62%US$206.00US$155.00US$150.8622
Jul ’25US$157.13
US$183.84
+17.00%
8.02%US$206.00US$155.00US$145.5822
US$214.2
Fair Value
19.6% undervalued intrinsic discount
23
Number of Analysts

Analyst Forecast: Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/07/07 01:40
End of Day Share Price 2026/07/07 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Chevron Corporation is covered by 46 analysts. 19 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
William SeleskyArgus Research Company
Yim ChengBarclays
Wei JiangBarclays