Chevron Price to Earnings To Growth

CVX
 Stock
  

USD 183.70  0.54  0.29%   

Chevron Corp fundamentals help investors to digest information that contributes to Chevron Corp's financial success or failures. It also enables traders to predict the movement of Chevron Stock. The fundamental analysis module provides a way to measure Chevron Corp's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Chevron Corp stock.
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Earnings Before Interest Taxes and Depreciation Amortization EBITDA is likely to rise to about 43.6 B in 2022, whereas Earnings before Tax are likely to drop slightly above 19.5 B in 2022.

Chevron Price to Earnings To Growth Analysis

Chevron Corp's PEG Ratio indicates the potential value of an equity instrument and is calculated by dividing Price to Earnings (P/E) ratio into earnings growth rate. Most analysts and investors prefer this measure to a Price to Earnings (P/E) ratio because it incorporates the future growth of a firm. The low PEG ratio usually implies that an equity instrument is undervalued; whereas PEG of 1 may indicate that an equity is reasonably priced under given expectations of future growth.
 2019 2020 2021 2022 (projected)
Receivables13.32 B11.47 B18.42 B19.46 B
Inventories5.85 B5.68 B6.3 B5.81 B
PEG Ratio 
 = 
PE Ratio 
EPS Growth 
More About Price to Earnings To Growth | All Equity Analysis

Current Chevron Corp Price to Earnings To Growth

    
  0.65 X  
Most of Chevron Corp's fundamental indicators, such as Price to Earnings To Growth, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Chevron Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Chevron Price to Earnings To Growth Driver Correlations

Understanding the fundamental principles of building solid financial models for Chevron Corp is extremely important. It helps to project a fair market value of Ford stock properly, considering its historical fundamentals such as Price to Earnings To Growth. Since Chevron Corp's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Chevron Corp's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Chevron Corp's interrelated accounts and indicators.
Generally speaking, PEG ratio is a 'quick and dirty' way to measure how the current price of a firm's stock relates to its earnings and growth rate. The main benefit of using PEG ratio is that investors can compare the relative valuations of companies within different industries without analyzing their P/E ratios.
Compare to competition

Based on the latest financial disclosure, the price to earnings to growth indicator of Chevron Corp is roughly 0.65 times. This is 96.32% lower than that of the Energy sector and 36.27% lower than that of the Oil & Gas Integrated industry. The price to earnings to growth for all United States stocks is 86.71% higher than that of the company.

Chevron Price to Earnings To Growth Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Chevron Corp's direct or indirect competition against its Price to Earnings To Growth to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Chevron Corp could also be used in its relative valuation, which is a method of valuing Chevron Corp by comparing valuation metrics of similar companies.
Chevron Corp is currently under evaluation in price to earnings to growth category among related companies.

Chevron Corp Current Valuation Drivers

We derive many important indicators used in calculating different scores of Chevron Corp from analyzing Chevron Corp's financial statements. These drivers represent accounts that assess Chevron Corp's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Chevron Corp's important valuation drivers and their relationship over time.
201720182019202020212022 (projected)
Net Income Per Employee177.17 K305.02 K60.66 K(115.8 K)366.83 K321.27 K
Revenue Per Employee2.73 M3.42 M3.04 M1.98 M3.81 M3.82 M
Average Assets255.67 B256.21 B251.66 B230.73 B240.98 B268.86 B
Earnings Before Interest Taxes and Depreciation Amortization EBITDA28.88 B40.74 B35.55 B12.75 B40.28 B43.64 B
Earnings Before Interest Taxes and Depreciation Amortization USD28.8 B40.71 B35.63 B12.77 B40.21 B37.21 B
Earnings before Tax9.15 B20.54 B5.62 B(7.43 B)21.57 B19.49 B
Average Equity146.91 B152.67 B152.87 B135.38 B135 B153.74 B
Enterprise Value273.11 B234.3 B249.02 B185.64 B257.56 B268.22 B
Free Cash Flow12.03 B19.22 B16.15 B4.62 B22.92 B24.73 B
Invested Capital255.49 B246.34 B227.72 B251.92 B234.09 B257.49 B
Invested Capital Average259.46 B250.67 B240.52 B233.01 B242.42 B260.28 B
Market Capitalization237.78 B207.87 B227.87 B157.7 B226.21 B208.05 B
Tangible Asset Value249.28 B249.34 B232.97 B235.39 B235.15 B263.83 B
Working Capital823 M6.85 B1.8 B3.9 B6.95 B7.32 B

Chevron Corp ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Chevron Corp's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Chevron Corp's managers, analysts, and investors.
Environment Score
Governance Score
Social Score

Chevron Fundamentals

About Chevron Corp Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Chevron Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Chevron Corp using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Chevron Corp based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Last ReportedProjected for 2022
Earnings Before Interest Taxes and Depreciation Amortization EBITDA40.3 B43.6 B
Earnings before Tax21.6 B19.5 B

Be your own money manager

Our tools can tell you how much better you can do entering a position in Chevron Corp without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Pair Trading with Chevron Corp

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Chevron Corp position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Chevron Corp will appreciate offsetting losses from the drop in the long position's value.

Moving together with Chevron Corp

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The ability to find closely correlated positions to Chevron Corp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Chevron Corp when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Chevron Corp - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Chevron Corp to buy it.
The correlation of Chevron Corp is a statistical measure of how it moves in relation to other equities. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Chevron Corp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Chevron Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Chevron Corp can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
Continue to Chevron Corp Piotroski F Score and Chevron Corp Altman Z Score analysis. You can also try Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.

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Is Chevron Corp's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Chevron Corp. If investors know Chevron will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Chevron Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth YOY
0.81
Market Capitalization
355.2 B
Quarterly Revenue Growth YOY
0.49
Return On Assets
0.0924
Return On Equity
0.23
The market value of Chevron Corp is measured differently than its book value, which is the value of Chevron that is recorded on the company's balance sheet. Investors also form their own opinion of Chevron Corp's value that differs from its market value or its book value, called intrinsic value, which is Chevron Corp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Chevron Corp's market value can be influenced by many factors that don't directly affect Chevron Corp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Chevron Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine Chevron Corp value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Chevron Corp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.