Valuation models
price $235.52 · as of Nov 2, 2026
DCF · Perpetuity growth · 5yused131.65 – 196.25151.8555% overvaluedDCF · Perpetuity growth · 10y115.76 – 168.78133.4277% overvaluedP/E · peers80.30 – 120.9280.35193% overvaluedP/E · own history156.63 – 245.74187.7225% overvaluedPEG—333.5029% undervaluedEV/EBITDA · peers48.38 – 95.0572.68224% overvaluedEV/Revenue · peers28.91 – 62.0239.65494% overvaluedEarnings power value31.32 – 56.7541.45468% overvaluedDividend discount127.03 – 342.27192.4122% overvaluedWall St. consensus target—232.002% aboveCost of capital (WACC)—7.38%—
DCF · Perpetuity growth · 5y leads for a cyclical company — positive operating income and three years of positive free cash flow. How the headline model is chosen.
Model value · DCF · Perpetuity growth · 5y
151.85
Chevron closed at $235.52 — overvalued by 55% vs model.
131.65the model's range196.25
DCF · Perpetuity growth · 5y leads for a cyclical company — positive operating income and three years of positive free cash flow. From a five-year discounted cash flow.
Other models
39.65 – 333.50
Wall St. target
232.00 2% above
Above model, 1y
26 of 31 days
How it is valued
Valued asCyclical
Revenue declining (~-3% recent)Moderate margins (7% net margin)Pays dividendsHighly cyclical earnings
Model estimates for research reference only, not investment advice. Every model rests on assumptions that may not match what happens; how each model works is in the manual.