Is Chevron Corporation overvalued?

Chevron Corporation (CVX) looks overvalued — trading about 52% above its fair value.

Overvalued

Price

$204.44

Fair value

$97.72

Current P/E

30.8

Normal P/E

14.7

Market cap

$407.16B

Dividend yield

3.4%

Return on equity

11.0%

Sector

Energy

Fair value compares CVX's current P/E to its own historical "normal" P/E (FAST Graphs-style). Updated 24 Sep 2026.

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