Phillips 66 (PSX) Stock Valuation: P/E Ratio and Intrinsic Value

Phillips 66 share price

Price (USD)282.83
Price date2026-10-31
Market capitalization112.86 USD bn

Annual and quarterly filings: SEC EDGAR – Phillips 66

Is Phillips 66 stock expensive or cheap? This page shows the price-earnings ratio of Phillips 66 for the last fiscal years, the current share price, and beta and volatility as risk measures. Earnings figures come from the company's published filings.

How the Phillips 66 P/E ratio is calculated

The price-earnings ratio divides the share price by earnings per share. On this page the ratio is shown per fiscal year, so you can see whether today's valuation of Phillips 66 is above or below its own history. Beta and volatility indicate how strongly the share moves compared with the overall market.

Frequently asked questions about Phillips 66

What is the PSX P/E ratio?

The P/E ratio divides the Phillips 66 share price by earnings per share. This page shows the ratio for each of the last fiscal years, so the current valuation of PSX can be compared with its own history.

Is Phillips 66 stock overvalued or undervalued?

There is no single answer. A useful check is whether the current P/E of PSX is above or below its multi-year average and how earnings, margins and revenue are developing. This page shows all of these figures from the published filings.

How can I estimate the intrinsic value of Phillips 66?

An intrinsic value estimate needs earnings or free cash flow, a growth assumption and a discount rate. This page provides the reported earnings basis, margins and the valuation history of PSX as the starting point.

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