Is Phillips 66 overvalued?

Phillips 66 (PSX) looks overvalued — trading about 53% above its fair value.

Overvalued

Price

$255.75

Fair value

$120.95

Current P/E

23.7

Normal P/E

11.2

Market cap

$102.54B

Dividend yield

2.0%

Return on equity

24.4%

Sector

Energy

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

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