CVX vs PG: Which Is the Better Buy?

Side-by-side comparison of Chevron Corporation and The Procter & Gamble Company β€” fair value, conviction, valuation metrics, and QuantHub research signals. Updated 2026-07-09.
Chevron Corporation Β· Energy
$175.91
-3.4% upside to fair value
Grade D
VS
The Procter & Gamble Company Β· 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 β€” not personalized investment advice. See all research β†’
Valuation & Fundamentals
Metric CVX PG
Current Price $175.91 $150.38
Fair Value Estimate $169.96 $165.39
Upside to Fair Value -3.4% +10.0%
Market Cap $350.3B $350.2B
Forward P/E 30.4x 21.5x
EV / EBITDA 9.4x 15.1x
Price / Sales 1.9x 4.0x
Price / FCF 26.2x 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 3.82% 4.29%
Analyst Consensus Buy Buy
Investment Thesis
CVX β€” Chevron Corporation
Chevron Corporation operates as a leading integrated oil and gas company within the energy sector, demonstrating medium business quality with a stable competitive position but facing earnings pressure as evidenced by a 36.9% decline in earnings in the most recent quarter. The stock trades at a premium valuation with a P/E trailing and forward of 30.38, EV/EBITDA of 9.41, and a P/FCF of 26.2, refl…
PG β€” 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 $127.47 $124.04
Zone High $144.47 $140.58
In Buy Zone? No No
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