Valero Energy
VLO
#396
Rank
$43.26 B
Marketcap
$109.82
Share price
-4.67%
Change (1 day)
65.77%
Change (1 year)

P/E ratio for Valero Energy (VLO)

P/E ratio as of August 2022 (TTM): 6.62

According to Valero Energy's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 6.62392. At the end of 2021 the company had a P/E ratio of 33.2.

P/E ratio history for Valero Energy from 2001 to 2022

PE ratio at the end of each year

Year P/E ratio Change
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

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.