P/E ratio for Valero Energy (VLO)

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

PE ratio at the end of each year

P/E ratio for similar companies or competitors

Company	P/E ratio	P/E ratio differencediff.	Country
HollyFrontier HFC	10.7	164.33%	🇺🇸 USA
CVR Energy CVI	2.31	-42.87%	🇺🇸 USA
Marathon Petroleum MPC	5.03	24.22%	🇺🇸 USA
Phillips 66 PSX	6.70	65.51%	🇺🇸 USA
PBF Energy PBF	1.14	-71.83%	🇺🇸 USA
Delek US DK	-21.1	-620.83%	🇺🇸 USA
Calumet Specialty Products Partners CLMT	-37.5	-1,025.92%	🇺🇸 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.