Chevron Historical Financial Ratios
| CVX Stock | USD 157.57 1.17 0.75% |
Chevron Corp is presently reporting on over 111 different financial statement accounts. To analyze all of these accounts together requires a lot of time and effort. However, using these accounts to derive some meaningful and actionable indicators such as Dividend Yield of 0.0296, PTB Ratio of 2.06 or Days Sales Outstanding of 30.74 will help investors to properly organize and evaluate Chevron Corp financial condition quickly.
Chevron |
About Chevron Financial Ratios Analysis
Chevron CorpFinancial ratios are relationships based on a company's financial information. They can serve as useful tools to evaluate Chevron Corp investment potential. Financial ratio analysis can also be defined as the process of presenting financial ratios, which are mathematical indicators calculated by comparing key financial information appearing on Chevron financial statements. Financial ratios are useful tools that help investors analyze and compare relationships between different pieces of financial information across Chevron Corp history.
Chevron Corp Financial Ratios Chart
Chevron Corp financial ratios usually calculated using numerical values taken directly from Chevron Corp financial statements such as income statements or balance sheets. They help investors to obtain meaningful information about Chevron Corp. Most financial ratios help to conduct quantitative analysis to assess vital information about the company's valuation as well as profitability and liquidity indicators such as leverage, growth, profit margins, and different types of rates of return.
At this time, Chevron Corp's Interest Coverage is fairly stable compared to the past year. Payout Ratio is likely to rise to 0.56 in 2024, whereas Price To Sales Ratio is likely to drop 0.90 in 2024. Add Fundamental
Price To Sales Ratio
Price to Sales Ratio is figured by comparing Chevron Corp stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Chevron Corp sales, a figure that is much harder to manipulate than other Chevron Corp multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company’s stock price to its revenues, calculated by dividing the company’s market cap by its total sales or revenue over a 12-month period.Dividend Yield
Dividend Yield is Chevron Corp dividend as a percentage of Chevron Corp stock price. Chevron Corp dividend yield is a measure of Chevron Corp stock productivity, which can be interpreted as interest rate earned on an Chevron Corp investment. A financial ratio that shows how much a company pays out in dividends each year relative to its stock price, calculated as annual dividends per share divided by price per share.Ptb Ratio
Price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on the company's equity relative to its net asset value.Most ratios from Chevron Corp's fundamentals are interrelated and interconnected. However, analyzing fundamentals ratios one by one will only give a small insight into Chevron Corp current financial condition. On the other hand, looking into the entire matrix of fundamentals ratios, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Chevron Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in real. For more information on how to buy Chevron Stock please use our How to Invest in Chevron Corp guide.At this time, Chevron Corp's Interest Coverage is fairly stable compared to the past year. Payout Ratio is likely to rise to 0.56 in 2024, whereas Price To Sales Ratio is likely to drop 0.90 in 2024.
| 2021 | 2022 | 2023 | 2024 (projected) | Dividend Yield | 0.0454 | 0.0316 | 0.0406 | 0.0296 | Price To Sales Ratio | 1.44 | 1.47 | 1.39 | 0.9 |
Chevron Corp fundamentals Correlations
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Chevron Corp Account Relationship Matchups
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Chevron Corp fundamentals Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Price To Sales Ratio | 1.62 | 1.67 | 1.44 | 1.47 | 1.39 | 0.9 | |
| Dividend Yield | 0.0397 | 0.0614 | 0.0454 | 0.0316 | 0.0406 | 0.0296 | |
| Days Sales Outstanding | 34.77 | 44.32 | 43.2 | 31.68 | 36.18 | 30.74 | |
| Book Value Per Share | 93.93 | 86.74 | 87.36 | 99.36 | 85.94 | 90.23 | |
| Free Cash Flow Yield | 0.0582 | 0.0106 | 0.0938 | 0.11 | 0.0708 | 0.0743 | |
| Operating Cash Flow Per Share | 14.51 | 5.66 | 15.23 | 25.69 | 19.01 | 19.96 | |
| Stock Based Compensation To Revenue | 0.002817 | 0.002011 | 0.004891 | 0.004552 | 6.42E-4 | 6.74E-4 | |
| Capex To Depreciation | (0.48) | (0.46) | (0.45) | (0.73) | (0.91) | (0.96) | |
| Ev To Sales | 1.77 | 2.08 | 1.61 | 1.49 | 1.48 | 1.02 | |
| Free Cash Flow Per Share | 7.01 | 0.9 | 11.01 | 19.49 | 10.56 | 11.09 | |
| Roic | 0.048 | 0.016 | (0.0245) | 0.0817 | 0.17 | 0.12 | |
| Inventory Turnover | 18.7 | 12.33 | 15.79 | 19.61 | 19.35 | 16.14 | |
| Net Income Per Share | 1.55 | (2.97) | 8.16 | 18.37 | 11.41 | 11.98 | |
| Days Of Inventory On Hand | 19.52 | 29.6 | 23.12 | 18.61 | 18.86 | 23.9 | |
| Payables Turnover | 7.75 | 6.39 | 6.52 | 8.53 | 8.16 | 8.11 | |
| Capex To Revenue | (0.1) | (0.0942) | (0.0521) | (0.0508) | (0.0788) | (0.0827) | |
| Cash Per Share | 3.05 | 3.01 | 2.96 | 9.27 | 4.54 | 3.33 | |
| Pocfratio | 8.31 | 14.93 | 7.7 | 6.99 | 7.85 | 6.47 | |
| Interest Coverage | 7.94 | (9.69) | 31.39 | 97.27 | 64.08 | 94.82 | |
| Payout Ratio | 3.08 | (1.74) | 0.65 | 0.31 | 0.53 | 0.56 | |
| Capex To Operating Cash Flow | (0.52) | (0.84) | (0.28) | (0.24) | (0.44) | (0.47) | |
| Pfcf Ratio | 17.18 | 94.17 | 10.66 | 9.21 | 14.12 | 14.83 | |
| Days Payables Outstanding | 47.08 | 57.1 | 55.97 | 42.78 | 44.72 | 44.9 | |
| Income Quality | 2.05 | 9.75 | (1.9) | 1.86 | 1.39 | 1.66 | |
| Roe | 0.0165 | (0.0343) | 0.0934 | 0.18 | 0.13 | 0.14 | |
| Ev To Operating Cash Flow | 9.09 | 18.59 | 8.59 | 7.1 | 8.34 | 7.29 | |
| Pe Ratio | 77.56 | (28.4) | 14.39 | 9.77 | 13.07 | 13.73 | |
| Return On Tangible Assets | 0.0126 | (0.0236) | 0.0664 | 0.14 | 0.0832 | 0.0755 | |
| Ev To Free Cash Flow | 18.79 | 117.26 | 11.88 | 9.36 | 15.01 | 15.77 | |
| Earnings Yield | 0.0129 | (0.0352) | 0.0695 | 0.1 | 0.0765 | 0.0744 | |
| Intangibles To Total Assets | 0.0179 | 0.0178 | 0.0188 | 0.0184 | 0.018 | 0.019 | |
| Net Debt To E B I T D A | 0.6 | 3.04 | 0.64 | 0.0851 | 0.37 | 0.39 | |
| Current Ratio | 1.07 | 1.18 | 1.26 | 1.47 | 1.27 | 0.94 | |
| Tangible Book Value Per Share | 72.41 | 66.27 | 68.46 | 78.09 | 83.93 | 88.13 | |
| Receivables Turnover | 10.5 | 8.24 | 8.45 | 11.52 | 10.09 | 11.5 | |
| Graham Number | 57.3 | 76.18 | 126.61 | 202.63 | 148.53 | 155.95 |
Chevron Corp Investors Sentiment
The influence of Chevron Corp's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Chevron. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Chevron Corp's public news can be used to forecast risks associated with an investment in Chevron. The trend in average sentiment can be used to explain how an investor holding Chevron can time the market purely based on public headlines and social activities around Chevron Corp. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Chevron Corp's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Chevron Corp's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Chevron Corp's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Chevron Corp.
Chevron Corp Implied Volatility | 27.69 |
Chevron Corp's implied volatility exposes the market's sentiment of Chevron Corp stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Chevron Corp's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Chevron Corp stock will not fluctuate a lot when Chevron Corp's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Chevron Corp in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Chevron Corp's short interest history, or implied volatility extrapolated from Chevron Corp options trading.
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 Stock
| 0.88 | BP | BP PLC ADR Financial Report 7th of May 2024 | PairCorr |
| 0.85 | SU | Suncor Energy Financial Report 13th of May 2024 | PairCorr |
Moving against Chevron Stock
| 0.71 | EP | Empire Petroleum Corp Downward Rally | PairCorr |
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 instruments. 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.Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Chevron Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in real. For more information on how to buy Chevron Stock please use our How to Invest in Chevron Corp guide.You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
Complementary Tools for Chevron Stock analysis
When running Chevron Corp's price analysis, check to measure Chevron Corp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Chevron Corp is operating at the current time. Most of Chevron Corp's value examination focuses on studying past and present price action to predict the probability of Chevron Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Chevron Corp's price. Additionally, you may evaluate how the addition of Chevron Corp to your portfolios can decrease your overall portfolio volatility.
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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 (0.64) | Dividend Share 6.04 | Earnings Share 11.35 | Revenue Per Share 104.004 | Quarterly Revenue Growth (0.15) |
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 if Chevron Corp is a good investment 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.