CVX vs PG: Which Is the Better Buy?
Side-by-side comparison of Chevron Corporation and The Procter & Gamble Company — fair value, conviction, valuation metrics, and QuantHub research signals.
Updated 2026-05-04.
Chevron Corporation · Energy
$193.33
-13.1% upside to fair value
Grade D
VS
The Procter & Gamble Company · Consumer Defensive
$143.45
+13.8% upside to fair value
Grade B
High Quality
QuantHub Verdict
PG has more upside to fair value
(+13.8%).
PG trades at a lower forward P/E
(20.8x).
These are model outputs — not personalized investment advice.
See all research →
Valuation & Fundamentals
| Metric |
CVX |
PG |
| Current Price |
$193.33 |
$143.45 |
| Fair Value Estimate |
$168.03 |
$163.27 |
| Upside to Fair Value |
-13.1%
|
+13.8%
|
| Market Cap |
$385.8B |
$334.0B |
| Forward P/E |
31.3x
|
20.8x
|
| EV / EBITDA |
10.3x
|
15.4x
|
| Price / Sales |
2.1x
|
3.9x
|
| Price / FCF |
23.8x
|
22.2x
|
| Revenue Growth YoY |
-5.3%
|
+7.4%
|
| Gross Margin |
30.4%
|
50.3%
|
| Operating Margin |
9.0%
|
23.2%
|
| Return on Equity |
7.3%
|
31.3%
|
| Dividend Yield |
0% |
0% |
| FCF Yield |
4.19%
|
4.5%
|
| Analyst Consensus |
Strong Buy
|
Buy
|
Investment Thesis
Chevron Corporation operates as a leading integrated oil and gas company with significant upstream and downstream operations. The company benefits from experienced leadership under CEO Mike Wirth, who has over 44 years with Chevron, and maintains a strong market position as the second largest Big Oil major by market cap and net profits. However, Chevron currently trades at a very expensive valuat…
The Procter & Gamble Company is a leading consumer defensive firm specializing in household and personal products with a diversified portfolio across fabric and home care, baby and family care, beauty, health care, and grooming segments. The business quality is high, supported by durable brands, strong margins with a 50.3% gross margin and 19.2% net margin, and consistent earnings growth evidence…
Accumulation Zones
| Metric |
CVX |
PG |
| Zone Low |
$126.02 |
$122.45 |
| Zone High |
$142.83 |
$138.78 |
| In Buy Zone? |
No
|
No
|