Phillips 66 PE 10
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Phillips 66 PE 10 Chart
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About PE 10
PE 10 is the current stock price divided by the average of the last 10 years' earnings per share.
Metrics of this nature were originally popularized by Benjamin Graham, often called the father of value investing. He used this measurement because it is less sensitive to short term economic fluctuations or accounting distortions which can affect a single year's earnings and PE ratio.
Hence, for stable businesses with long histories, PE 10 gives a better picture of price relative to historical earning power than a standard 1 year PE ratio.
PSX PE 10 Benchmarks
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Yahoo 04/18 02:00 ET
The Street 04/17 13:01 ET
Yahoo 04/17 04:33 ET
The Street 04/17 01:00 ET
Yahoo 04/17 00:01 ET
Yahoo 04/16 19:08 ET
Yahoo 04/16 17:58 ET
Business Wire 04/16 09:00 ET
Street Insider 04/15 10:10 ET
The Street 04/15 06:52 ET