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 2026-06-20.
Chevron Corporation · Energy
$173.63
-3.3% upside to fair value
Grade D
VS
The Procter & Gamble Company · Consumer Defensive
$150.38
+10.0% upside to fair value
Grade B High Quality
QuantHub Verdict
PG has more upside to fair value (+10.0%). PG trades at a lower forward P/E (21.5x). These are model outputs — not personalized investment advice. See all research →
Valuation & Fundamentals
Metric CVX PG
Current Price $173.63 $150.38
Fair Value Estimate $167.85 $165.39
Upside to Fair Value -3.3% +10.0%
Market Cap $345.8B $350.2B
Forward P/E 30.0x 21.5x
EV / EBITDA 9.3x 15.1x
Price / Sales 1.9x 4.0x
Price / FCF 25.9x 23.3x
Revenue Growth YoY +3.2% +7.4%
Gross Margin 25.4% 50.3%
Operating Margin 8.4% 23.2%
Return on Equity 6.2% 31.3%
Dividend Yield 0% 0%
FCF Yield 3.87% 4.29%
Analyst Consensus Buy Buy
Investment Thesis
CVX — Chevron Corporation
Chevron Corporation is a leading integrated oil and gas company with a strong competitive moat based on its scale, advantaged upstream resource positions, and integrated infrastructure. The company benefits from a stable and experienced leadership team, with CEO Mike Wirth having over 40 years at Chevron and a conservative capital allocation approach focused on dividends and opportunistic buyback…
PG — The Procter & Gamble Company
The Procter & Gamble Company is a leading global consumer defensive company specializing in household and personal products with a strong portfolio across fabric care, baby and family care, beauty, health care, and grooming. The business quality is high, supported by a durable competitive moat from strong brands, consistent earnings growth, and prudent capital allocation emphasizing dividends and…
Accumulation Zones
Metric CVX PG
Zone Low $125.89 $124.04
Zone High $142.67 $140.58
In Buy Zone? No No
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