TotalEnergies benefits from an integrated business model spanning exploration, production, refining, and marketing. This allows for operational efficiencies and captures value across the entire energy supply chain.

↑Global Diversified Asset Base

The company possesses a geographically diverse portfolio of oil, gas, and increasingly, renewable energy assets. This diversification mitigates country-specific risks and provides access to various resource pools.

↑Strategic LNG Position

TotalEnergies holds significant positions in the global liquefied natural gas (LNG) market, with ongoing projects and partnerships. This strategic focus on LNG offers long-term growth potential and energy security.

INVESTMENT RISKS

↓Geopolitical and Regulatory Uncertainty

Exiting the Arctic LNG 2 project highlights the significant geopolitical risks and regulatory hurdles, particularly in Russia. Sanctions and political decisions can disrupt operations and asset values.

↓Energy Transition Pressures

The global shift towards lower-carbon energy sources presents a long-term challenge. While TotalEnergies is investing in renewables, its core business remains heavily reliant on fossil fuels, facing potential demand destruction.

↓Commodity Price Volatility

Earnings are highly sensitive to fluctuations in oil and gas prices. Significant downturns in commodity markets can negatively impact profitability and investment capacity.

Base case

TTE base case PE valuation

A base case PE valuation for TTE estimates a fair value of about $125.41 per share, against a current price of $88.02. The model assumes 10.1% annual earnings growth, a 12x target PE multiple, and a 10% discount rate.

Intrinsic Value

$125.41

Margin of safety

+29.8%

Expected annual return

+7.3%

Base case assumptions: 10.1% annual earnings growth, 12x target PE, 10% discount rate, 5 year projection. Data as of 2026-06-12.

This base case uses default assumptions and is not financial advice. The fair value changes significantly when the target PE or earnings growth rate changes. Open the calculator to set your own assumptions and see the full sensitivity range.

Customize the TTE PE valuation

Adjust the target PE, earnings growth, and discount rate to see how the fair value and margin of safety for TotalEnergies SE respond.

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Company Overview

TotalEnergies SE, headquartered in Courbevoie, France, traces its origins back to its incorporation in 1924. Known as TOTAL SE until its rebranding in June 2021, it stands as a global, integrated energy powerhouse. Its extensive worldwide operations are structured across four key business segments: The Integrated Gas, Renewables & Power division encompasses the entire liquefied natural gas (LNG) value chain, from production and shipping to trading and regasification. It also actively trades various energy commodities including liquefied petroleum gas (LPG), natural gas, and electricity, alongside petcoke and sulfur. This segment is deeply involved in natural gas transportation, electricity generation from a diverse mix of sources—ranging from natural gas to wind, solar, hydroelectric, and biogas—as well as energy storage solutions and the development of biomethane facilities. Furthermore, it offers energy efficiency services. Its Exploration & Production arm is dedicated to discovering and extracting crude oil and natural gas deposits. The Refining & Chemicals segment is responsible for refining petrochemicals, such as olefins and aromatics, and producing various polymer derivatives including polyethylene, polypropylene, and polystyrene, as well as hydrocarbon resins. This segment also ventures into biomass conversion and elastomer processing, complemented by the trading and shipping of crude oil and refined petroleum products. Finally, the Marketing & Services division focuses on manufacturing and distributing lubricants, alongside supplying and marketing a wide array of petroleum products. These include bulk fuel, specialized fluids, aviation and marine fuels, compressed natural gas (CNG), LPG, and bitumen. The company further supports its customers with fuel payment solutions and maintains a vast retail network, comprising approximately 16,000 service stations and 25,000 electric vehicle (EV) charging points globally. TotalEnergies also reported substantial combined proved reserves of oil and gas, totaling 12,062 Mboe as of December 31, 2021. Demonstrating its commitment to innovation and sustainability, the company has forged strategic alliances with partners like PureCycle Technologies, Plastic Energy, Freepoint Eco-Systems, and Plastic Omnium for various developmental initiatives.

Financial Metrics — TTE PE Stock Valuation Data

PE Ratio (TTM)

12.0x

PEG Ratio

0.85

Earnings Yield

8.37%

ROE (TTM)

12.9%

Revenue/Share (TTM)

$86.23

Dividend Yield

4.67%

Debt/Equity

0.52x

Frequently Asked Questions

What is the PE ratio of TTE?

The trailing twelve-month PE ratio of TTE reflects how much investors pay per dollar of TotalEnergies SE's earnings. This metric is most useful when compared to Oil & Gas Integrated peers and the company's own historical range.

Is TTE overvalued based on PE ratio?

TTE's PE of 12.0x combined with a PEG ratio of 0.85 provides a growth-adjusted perspective. A PEG below 1.0 suggests TTE may be undervalued relative to its earnings growth rate. Keep in mind that PE-based valuation works best for profitable, mature companies — for high-growth or cyclical Oil & Gas Integrated, a DCF analysis may be more appropriate.

How do I value TTE stock using PE ratio?

To value TotalEnergies SE using PE: (1) Compare the current PE (12.0x) against the Oil & Gas Integrated median to assess relative pricing, (2) check the PEG ratio (0.85) to adjust for growth expectations, (3) review the 5-year PE range to identify where the stock sits historically, and (4) estimate fair value by multiplying a target PE by forward EPS estimates. This relative approach complements DCF's absolute valuation.

What is the PEG ratio of TTE?

TTE's PEG ratio is 0.85, calculated by dividing the PE ratio (12.0x) by the expected earnings growth rate. A PEG below 1.0 is traditionally considered a sign of undervaluation — the market may not be fully pricing in the growth potential. Note that PEG accuracy depends on the reliability of growth estimates.

Should I use PE ratio or DCF for TTE stock valuation?

PE ratio gives a quick relative read — how TTE is priced versus Oil & Gas Integrated peers. DCF provides an absolute value based on projected free cash flows. For the most reliable valuation, use PE as a quick comparability screen and DCF for a deeper fundamental analysis. Each method has blind spots: PE ignores capital structure and cash flow quality, while DCF is sensitive to growth and discount rate assumptions.

Learn More

See TTE DCF Valuation → — Intrinsic value via Discounted Cash Flow analysis
PE Methodology — Step-by-step guide to PE ratio stock valuation
DCF Methodology — Guide to discounted cash flow analysis
PE Ratio — Understanding the price-to-earnings ratio
Intrinsic Value — How to evaluate stock fair value

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P/E and DCF value TTE with different methods and assumptions, so the two conclusions can differ. Compare the DCF intrinsic value.

Price as of 2026-06-12. Financial data from Financial Modeling Prep (trailing twelve months) · Valuation methodology by Charlie Wang.

This is an estimate, not investment advice.