P/E ratio as of January 2024 (TTM): 4.44
According to Valero Energy's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 4.43986.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 |
|---|---|---|
| 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 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
Marathon Petroleum MPC | 5.70 | 28.39% | 🇺🇸 USA |
Phillips 66 PSX | 8.12 | 83.00% | 🇺🇸 USA |
HollyFrontier HFC | 10.7 | 141.06% | 🇺🇸 USA |
Delek US DK | -33.1 | -844.69% | 🇺🇸 USA |
Calumet Specialty Products Partners CLMT | -32.1 | -822.38% | 🇺🇸 USA |
PBF Energy PBF | 1.91 | -57.01% | 🇺🇸 USA |
CVR Energy CVI | 3.97 | -10.65% | 🇺🇸 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.
