Chevron Corporation‘s CAPE ratio

The CAPE ratio for Chevron Corp compares its current stock price to the average inflation-adjusted earnings over the past 10 years. As one of the largest integrated oil companies, Chevron’s CAPE ratio reflects the volatility in energy prices and global demand for oil and gas. A high CAPE ratio may indicate that Chevron’s stock is overvalued, potentially signaling lower future returns, while a low ratio could suggest undervaluation, offering opportunities for long-term growth. Investors use this ratio to assess Chevron’s long-term valuation prospects.