PSXNEUTRAL

PSX P/E Ratio Analysis

9.6x

Updated 153h ago·SEC filings & market data

Key Takeaway

The P/E ratio of 9.6x means investors pay $9.60 for every $1 of the company’s annual earnings — a measure of how expensive the stock is relative to its profit.

Sector Performance

8th percentile

PSX

9.6x

Sector Median

23.1x

Sector Avg

33.7x

Prior Period

16.6x(Jul 2026)

↑ Improving

📊

Deep Analysis

The P/E ratio of 9.6x means investors pay $9.60 for every $1 of the company’s annual earnings — a measure of how expensive the stock is relative to its profit.

That is far below the sector median of 23.4x, placing PSX in the 7th percentile among peers, so the stock trades cheaper than roughly 93% of its sector. The trend is not available: the year-over-year change is N/A and the quarter-over-quarter change is N/A, so there is no direction to assess from the last 8 quarters. With a low P/E but no trend data, the risk is that the cheap valuation reflects a one-time earnings spike or a structural decline, while the opportunity is that the market may be underpricing the company. This metric alone cannot confirm a shift, but the level points to a value profile rather than a growth one. It supports the overall NEUTRAL verdict because a low P/E is neither a clear buy signal nor a red flag without trend confirmation.

Frequently Asked Questions

What does the P/E Ratio tell investors about PSX?

Measures how much investors pay per dollar of earnings. A high P/E signals growth expectations; a low P/E may indicate undervaluation or slow growth.

How is the P/E Ratio calculated?

P/E Ratio is calculated as: Price / EPS.

Who are PSX's closest peers by P/E Ratio?

The closest peers by P/E Ratio include: WELL (102.4x), IAC (104.9x), FORM (108.1x), MCHP (113.5x), MTSI (118.9x).

📚

Learn More About P/E Ratio

DCF Valuation: How to Estimate What a Stock Is Actually Worth

Discounted Cash Flow is the most rigorous way to value a company. It's also the most misunderstood. Here's a plain-English walkthrough with a real example.

The Formula

Price / EPS

Why It Matters

Measures how much investors pay per dollar of earnings. A high P/E signals growth expectations; a low P/E may indicate undervaluation or slow growth.