Valero Energy
VLO
#361
Rank
$53.88 B
Marketcap
$163.57
Share price
0.71%
Change (1 day)
46.49%
Change (1 year)

P/E ratio for Valero Energy (VLO)

P/E ratio as of May 2024 (TTM): 5.53

According to Valero Energy's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 5.5339. At the end of 2022 the company had a P/E ratio of 4.35.

P/E ratio history for Valero Energy from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20224.35-86.9%
202133.2-305.04%
2020-16.2-201.6%
201916.055.77%
201810.23.08%
20179.94-28.3%
201613.955.81%
20158.8923.8%
20147.18-28.58%
201310.121.6%
20128.2758.22%
20115.23-85.65%
201036.4-954.36%
2009-4.26-53.86%
2008-9.24-234.43%
20076.8831.74%
20065.22-28.18%
20057.2722.59%
20045.93-24.98%
20037.90-80.01%
200239.5951.82%
20013.76

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
6.61 19.40%๐Ÿ‡บ๐Ÿ‡ธ USA
8.57 54.85%๐Ÿ‡บ๐Ÿ‡ธ USA
10.7 93.41%๐Ÿ‡บ๐Ÿ‡ธ USA
-34.7-727.89%๐Ÿ‡บ๐Ÿ‡ธ USA
-29.0-624.70%๐Ÿ‡บ๐Ÿ‡ธ USA
2.17-60.82%๐Ÿ‡บ๐Ÿ‡ธ USA
3.79-31.45%๐Ÿ‡บ๐Ÿ‡ธ USA

How to read a P/E ratio?

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.