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 2026-09-24.
Chevron Corporation · Energy
$205.52
+35.9% upside to fair value
Med Conviction
Grade B
High Quality
VS
The Procter & Gamble Company · Consumer Defensive
$147.04
+14.4% upside to fair value
Med Conviction
Grade B+
High Quality
QuantHub Verdict
CVX has more upside to fair value
(+35.9%).
These are model outputs — not personalized investment advice.
See all research →
Valuation & Fundamentals
| Metric |
CVX |
PG |
| Current Price |
$205.52 |
$147.04 |
| Fair Value Estimate |
$279.29 |
$168.19 |
| Upside to Fair Value |
+35.9%
|
+14.4%
|
| Market Cap |
$409.3B |
$349.5B |
| Forward P/E |
—
|
—
|
| EV / EBITDA |
7.8x
|
17.6x
|
| Price / Sales |
2.0x
|
4.0x
|
| Price / FCF |
15.0x
|
22.4x
|
| Revenue Growth YoY |
+51.4%
|
+1.5%
|
| Gross Margin |
31.0%
|
50.2%
|
| Operating Margin |
15.8%
|
22.7%
|
| Return on Equity |
11.0%
|
29.8%
|
| Dividend Yield |
3.43% |
2.92% |
| FCF Yield |
6.67%
|
4.47%
|
| Analyst Consensus |
Buy
|
Buy
|
Investment Thesis
Chevron is a global integrated oil and gas major organized into Upstream and Downstream segments, spanning crude oil and natural gas exploration, LNG processing and transport, refining, petrochemicals, and lubricants, with 43,039 full-time employees and a market capitalization of $409.31 billion at a current price of $205.52. The business quality is high: it generates $13.71 of free cash flow per…
Procter & Gamble is a global consumer-staples leader selling daily-use products across beauty, grooming, health care, fabric and home care, and baby, feminine and family care in about 180 countries. Business quality is high because its brands, consumer insight, R&D, marketing scale and global distribution underpin leading category positions, including over 60% in blades and razors and over 35% in…
Accumulation Zones
| Metric |
CVX |
PG |
| Zone Low |
$209.47 |
$126.14 |
| Zone High |
$237.40 |
$142.96 |
| In Buy Zone? |
Yes
|
No
|