Start with its own history
At 16.64×, IMO is 9.6% below its 9-observation annual average. A lower multiple can reflect a lower price, higher earnings, or weaker growth expectations—not necessarily a bargain.
AMEX · IMOOil & Gas IntegratedUpdated Nov 5, 2026
Imperial Oil Limited P/E ratio
Current valuation, historical context, and peer comparisons.
Current P/E ratio
16.64×
9.6% belowthe 9-observation annual average
Share price127.47
÷Earnings per share7.66
Price and EPS in quote currency. Calculation details
Investors are paying 16.64 for every 1 of reported earnings per share.
P/E over time
2016 – 2025
Annual P/ESelected-period average 18.41×
3-year average12.31×3 positive annual observations
5-year average11.16×5 positive annual observations
10-year average18.41×9 positive annual observations
Peer median · TTM11.74×8 peers with positive P/E
Historical P/E ratios
Annual period-end data · 25 observations
| Period end | P/E | Change |
|---|---|---|
| Dec 31, 2025 | 18.27× | +86.7% |
| Dec 31, 2024 | 9.79× | +10.4% |
| Dec 31, 2023 | 8.87× | +54.3% |
| Dec 31, 2022 | 5.75× | -56.1% |
| Dec 31, 2021 | 13.11× | N/M |
| Dec 31, 2020 | N/M | N/M |
| Dec 31, 2019 | 11.93× | -1.0% |
| Dec 31, 2018 | 12.05× | -82.2% |
View all 25 annual observations +
| Period end | P/E | Change |
|---|---|---|
| Dec 31, 2017 | 67.64× | +269.3% |
| Dec 31, 2016 | 18.32× | -46.4% |
| Dec 31, 2015 | 34.15× | +205.0% |
| Dec 31, 2014 | 11.20× | -20.5% |
| Dec 31, 2013 | 14.08× | +46.3% |
| Dec 31, 2012 | 9.62× | -15.6% |
| Dec 31, 2011 | 11.40× | -26.6% |
| Dec 31, 2010 | 15.55× | -28.9% |
| Dec 31, 2009 | 21.86× | +134.1% |
| Dec 31, 2008 | 9.34× | -41.4% |
| Dec 31, 2007 | 15.92× | +15.7% |
| Dec 31, 2006 | 13.76× | -9.2% |
| Dec 31, 2005 | 15.15× | +22.6% |
| Dec 31, 2004 | 12.35× | -1.5% |
| Dec 31, 2003 | 12.54× | -10.3% |
| Dec 31, 2002 | 13.97× | -1.6% |
| Dec 31, 2001 | 14.20× | N/M |
Change is relative to the preceding observation. N/M values are excluded from averages.
How IMO compares
Company P/E vs. peer trailing-12-month ratios
| Company | P/E ratio |
|---|---|
 IMO This stockImperial Oil Limited | 16.64× |
 CVE.TOCenovus Energy Inc. | 10.99× |
 SU.TOSuncor Energy Inc. | 10.68× |
 CVX.TOChevron Corporation | 15.83× |
 TTES.TOTotalEnergies SE | 9.02× |
 XOM.TOExxonmobil Holdings Corporation Shs -CAD hedged- Canadian Depositary Receipt Repr Shs Reg S | 17.41× |
 PETR3.SAPetróleo Brasileiro S.A. - Petrobras | 5.11× |
 601857.SSPetroChina Company Limited | 12.50× |
 ROSN.MEPublic Joint Stock Company Rosneft Oil Company | 15.63× |
Peers are selected by the data provider. Business models and earnings definitions can differ.
Put the numbers in context
What does IMO’s P/E tell you?
Compare like with like
The median of the 8 positive peer ratios above is 11.74×. Check growth, margins, debt, and earnings quality before interpreting the gap. A faster-growing business may justify a higher multiple.
Check what drives earnings
One-off gains can temporarily lower P/E; unusual charges can raise it. Reported earnings and forward estimates answer different questions. Pair this view with return on equity and liquidity for a fuller picture.
Keep your research connected
Take IMO into your spreadsheet
Pull historical P/E into Excel or Google Sheets with Wisesheets. Build your own comparisons alongside the rest of your financial model.
Explore WisesheetsQuarterly P/E · latest quarterLQ selects the latest reported quarter. Requires the Wisesheets add-in. See available data
=WISE("IMO", "PE Ratio", "LQ")Sources & calculation methodology
Current P/E
Share price 127.47 ÷ EPS 7.66 = 16.64×. Data is supplied by Financial Modeling Prep through Wisesheets. Quote feed updated Nov 5, 2026; this is not a real-time trading quote.
History & averages
Annual and quarterly P/E observations are provided separately from the current quote. Averages use the latest 3, 5, or 10 annual observations, excluding missing and nonpositive ratios. Pre-IPO observations are omitted. These are period-end observations, not daily averages.
Data definitions and limitations
The current quote feed does not specify the exact EPS filing-period end or whether EPS is basic or diluted. We do not label it as forward P/E. Peer ratios are explicitly trailing-12-month (TTM) values. Historical observations do not include independently verified price and EPS inputs. Sources may update on different schedules; rounded inputs can produce small calculation differences. Historical comparisons describe past pricing, not an estimate of fair value.
IMO P/E ratio: common questions
The essentials behind the numbers.
Imperial Oil Limited's current P/E is 16.64× based on the quote data last updated Nov 5, 2026. It represents the share price divided by reported earnings per share. Prices and earnings may refresh on different schedules.
Annual P/E uses earnings for a completed fiscal year. Trailing-12-month (TTM) P/E uses the latest four quarters, while forward P/E uses forecast earnings. These are not interchangeable. This page labels peer ratios as TTM and shows dated annual or quarterly historical observations; it does not show forward estimates.
N/M means not meaningful: the feed has no positive P/E for that observation. Negative or zero earnings should not be ranked as a low positive valuation multiple. N/M observations are excluded from the averages shown above.
Divide the share price by earnings per share (EPS). For example, a share price of 100 and EPS of 5 gives a P/E of 20×. This page uses the price and EPS supplied together in the quote when both are positive.
Price timestamps, EPS definitions, share classes, adjustments, and fiscal periods can differ. A forward P/E also uses forecast earnings rather than reported earnings. Compare the inputs and as-of dates before comparing two displayed ratios.
Not necessarily. The average describes previous market pricing, not fair value. Changes in earnings quality, growth expectations, debt, accounting, and business risk can justify a different multiple today.