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  • FTSE 100

    8,126.15
    +47.29 (+0.59%)
     
  • FTSE 250

    19,789.84
    +187.86 (+0.96%)
     
  • AIM

    755.27
    +2.15 (+0.29%)
     
  • GBP/EUR

    1.1674
    +0.0017 (+0.15%)
     
  • GBP/USD

    1.2505
    -0.0006 (-0.05%)
     
  • Bitcoin GBP

    51,189.53
    +578.62 (+1.14%)
     
  • CMC Crypto 200

    1,378.37
    -18.17 (-1.30%)
     
  • S&P 500

    5,084.42
    +36.00 (+0.71%)
     
  • DOW

    38,181.60
    +95.80 (+0.25%)
     
  • CRUDE OIL

    84.16
    +0.59 (+0.71%)
     
  • GOLD FUTURES

    2,354.60
    +12.10 (+0.52%)
     
  • NIKKEI 225

    37,934.76
    +306.28 (+0.81%)
     
  • HANG SENG

    17,651.15
    +366.61 (+2.12%)
     
  • DAX

    18,085.86
    +168.58 (+0.94%)
     
  • CAC 40

    8,065.57
    +48.92 (+0.61%)
     

Why Phillips 66’s Valuations Command a Premium over Peer Averages

Currently, PSX trades at a forward PE (price-to-earnings) ratio of 15.5x, above its peer average of 13.8x.