According to Valero Energy's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 3.69063. At the end of 2022 the company had a P/E ratio of 4.35.
Year | P/E ratio | Change |
---|---|---|
2022 | 4.35 | -86.9% |
2021 | 33.2 | -305.04% |
2020 | -16.2 | -201.6% |
2019 | 16.0 | 55.77% |
2018 | 10.2 | 3.08% |
2017 | 9.94 | -28.3% |
2016 | 13.9 | 55.81% |
2015 | 8.89 | 23.8% |
2014 | 7.18 | -28.58% |
2013 | 10.1 | 21.6% |
2012 | 8.27 | 58.22% |
2011 | 5.23 | -85.65% |
2010 | 36.4 | -954.36% |
2009 | -4.26 | -53.86% |
2008 | -9.24 | -234.43% |
2007 | 6.88 | 31.74% |
2006 | 5.22 | -28.18% |
2005 | 7.27 | 22.59% |
2004 | 5.93 | -24.98% |
2003 | 7.90 | -80.01% |
2002 | 39.5 | 951.82% |
2001 | 3.76 |
The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.
Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.