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Chevron Corporation Message Board

  • vickersviscount vickersviscount Sep 23, 2004 2:26 PM Flag

    Quote from

    "The largest companies, however, are selling at inexpensive valuations compared to the market. Among the companies with market capitalizations greater than $10 billion, the average P/E ratio was 19, just under the S&P 500's figure.

    These include BP (BP: news, chart, profile), which has a P/E ratio of 15.3, about 20 percent cheaper than the S&P 500. And ChevronTexaco (CVX: news, chart, profile) was trading at a P/E ratio of 11.5 -- a 40 percent discount to the market."

    HMMMMMMMm they must have read my post!!

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