Exxon Mobil Corp. (XOM) | Valuation Ratios

Current Valuation Ratios

Exxon Mobil Corp., current price multiples

	Exxon Mobil Corp.	Oil & Gas
Selected Financial Data
Current share price (P)	$ 91.00
No. shares of common stock outstanding	4,446,375,887
Growth rate (g)	17.38%

Earnings per share (EPS)	$ 10.09
Next year expected EPS	$ 11.85
Operating profit per share	$ 17.78
Sales per share	$ 101.91
Book value per share (BVPS)	$ 37.30
Ratios (Price Multiples)
Price to earnings (P/E)	9.02	9.80
Price to next year expected earnings	7.68	8.95
Price-earnings-growth (PEG)	0.52	1.03
Price to operating profit (P/OP)	5.12	5.38
Price to sales (P/S)	0.89	0.74
Price to book value (P/BV)	2.44	1.39

If company price multiple is lower then the price multiple of benchmark then company stock is relatively undervalued.

Otherwise, if company price multiple is higher then the price multiple of benchmark then company stock is relatively overvalued.

Exxon Mobil Corp., historical price multiples

	Dec 31, 2012	Dec 31, 2011	Dec 31, 2010	Dec 31, 2009	Dec 31, 2008
Price to earnings (P/E)	8.94	10.03	13.89	15.92	7.42
Price to operating profit (P/OP)	5.07	5.60	7.95	8.69	3.99
Price to sales (P/S)	0.89	0.88	1.14	1.02	0.73
Price to book value (P/BV)	2.42	2.67	2.88	2.78	2.97

Ratio	Description	The company
P/E ratio	The P/E ratio tells analyst how much an investor in common stock pays per dollar of current earnings.	Exxon Mobil Corp.'s P/E ratio declined from 2010 to 2011 and from 2011 to 2012.
P/OP ratio	Because P/E ratio is calculated using net income, the ratio can be sensitive to nonrecurring earnings and capital structure, analysts may use price to operating profit.	Exxon Mobil Corp.'s P/OP ratio declined from 2010 to 2011 and from 2011 to 2012.
P/S ratio	An rationale for the P/S ratio is that sales, as the top line in an income statement, are generally less subject to distortion or manipulation than other fundamentals such as EPS or book value. Sales are also more stable than earnings and never negative.	Exxon Mobil Corp.'s P/S ratio declined from 2010 to 2011 but then slightly increased from 2011 to 2012.
P/BV ratio	The P/BV ratio is interpreted as an indicator of market judgment about the relationship between a company's required rate of return and its actual rate of return.	Exxon Mobil Corp.'s P/BV ratio declined from 2010 to 2011 and from 2011 to 2012.

	Dec 31, 2012	Dec 31, 2011	Dec 31, 2010	Dec 31, 2009	Dec 31, 2008
No. shares of common stock outstanding¹	4,480,449,635	4,713,220,567	4,958,598,361	4,721,273,113	4,941,630,490
Selected Financial Data (USD $)
Net income attributable to ExxonMobil (in millions)	44,880	41,060	30,460	19,280	45,220
Earnings per share (EPS)	10.02	8.71	6.14	4.08	9.15
Share price^1, 2	89.53	87.34	85.34	65.00	67.90
P/E Ratio, Comparison to Industry
Exxon Mobil Corp.	8.94	10.03	13.89	15.92	7.42
Industry, Oil & Gas	10.04	9.39	14.17	15.59	8.49

¹ Data adjusted for splits and stock dividends.
² Close price on the filing date of Exxon Mobil Corp.'s Annual Report.

Ratio	Description	The company
P/E ratio	The P/E ratio tells analyst how much an investor in common stock pays per dollar of current earnings.	Exxon Mobil Corp.'s P/E ratio declined from 2010 to 2011 and from 2011 to 2012.

	Dec 31, 2012	Dec 31, 2011	Dec 31, 2010	Dec 31, 2009	Dec 31, 2008
No. shares of common stock outstanding¹	4,480,449,635	4,713,220,567	4,958,598,361	4,721,273,113	4,941,630,490
Selected Financial Data (USD $)
Income before interest expense and income taxes (in millions)	79,053	73,504	53,218	35,325	84,070
Operating profit per share	17.64	15.60	10.73	7.48	17.01
Share price^1, 2	89.53	87.34	85.34	65.00	67.90
P/OP Ratio, Comparison to Industry
Exxon Mobil Corp.	5.07	5.60	7.95	8.69	3.99
Industry, Oil & Gas	5.51	5.37	8.26	8.59	4.30

¹ Data adjusted for splits and stock dividends.
² Close price on the filing date of Exxon Mobil Corp.'s Annual Report.

Ratio	Description	The company
P/OP ratio	Because P/E ratio is calculated using net income, the ratio can be sensitive to nonrecurring earnings and capital structure, analysts may use price to operating profit.	Exxon Mobil Corp.'s P/OP ratio declined from 2010 to 2011 and from 2011 to 2012.

	Dec 31, 2012	Dec 31, 2011	Dec 31, 2010	Dec 31, 2009	Dec 31, 2008
No. shares of common stock outstanding¹	4,480,449,635	4,713,220,567	4,958,598,361	4,721,273,113	4,941,630,490
Selected Financial Data (USD $)
Sales and other operating revenue (in millions)	453,123	467,029	370,125	301,500	459,579
Sales per share	101.13	99.09	74.64	63.86	93.00
Share price^1, 2	89.53	87.34	85.34	65.00	67.90
P/S Ratio, Comparison to Industry
Exxon Mobil Corp.	0.89	0.88	1.14	1.02	0.73
Industry, Oil & Gas	0.76	0.81	1.08	1.06	0.62

¹ Data adjusted for splits and stock dividends.
² Close price on the filing date of Exxon Mobil Corp.'s Annual Report.

Ratio	Description	The company
P/S ratio	An rationale for the P/S ratio is that sales, as the top line in an income statement, are generally less subject to distortion or manipulation than other fundamentals such as EPS or book value. Sales are also more stable than earnings and never negative.	Exxon Mobil Corp.'s P/S ratio declined from 2010 to 2011 but then slightly increased from 2011 to 2012.

	Dec 31, 2012	Dec 31, 2011	Dec 31, 2010	Dec 31, 2009	Dec 31, 2008
No. shares of common stock outstanding¹	4,480,449,635	4,713,220,567	4,958,598,361	4,721,273,113	4,941,630,490
Selected Financial Data (USD $)
Total ExxonMobil share of equity (in millions)	165,863	154,396	146,839	110,569	112,965
Book value per share (BVPS)	37.02	32.76	29.61	23.42	22.86
Share price^1, 2	89.53	87.34	85.34	65.00	67.90
P/BV Ratio, Comparison to Industry
Exxon Mobil Corp.	2.42	2.67	2.88	2.78	2.97
Industry, Oil & Gas	1.43	1.68	1.94	1.82	1.73

¹ Data adjusted for splits and stock dividends.
² Close price on the filing date of Exxon Mobil Corp.'s Annual Report.

Ratio	Description	The company
P/BV ratio	The P/BV ratio is interpreted as an indicator of market judgment about the relationship between a company's required rate of return and its actual rate of return.	Exxon Mobil Corp.'s P/BV ratio declined from 2010 to 2011 and from 2011 to 2012.