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Valero Energy (BSP:VLOE34) Cyclically Adjusted Revenue per Share : R$749.88 (As of Mar. 2024)


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What is Valero Energy Cyclically Adjusted Revenue per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years.

Valero Energy's adjusted revenue per share for the three months ended in Mar. 2024 was R$238.903. Add all the adjusted revenue per share for the past 10 years together and divide the count will get our Cyclically Adjusted Revenue per Share, which is R$749.88 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Valero Energy's average Cyclically Adjusted Revenue Growth Rate was 4.20% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 8.30% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 6.70% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 4.60% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Revenue Growth Rate using Cyclically Adjusted Revenue per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Revenue Growth Rate of Valero Energy was 26.90% per year. The lowest was -3.60% per year. And the median was 11.20% per year.

As of today (2024-04-30), Valero Energy's current stock price is R$432.15. Valero Energy's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was R$749.88. Valero Energy's Cyclically Adjusted PS Ratio of today is 0.58.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Valero Energy was 0.60. The lowest was 0.16. And the median was 0.32.


Valero Energy Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Valero Energy's Cyclically Adjusted Revenue per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Valero Energy Cyclically Adjusted Revenue per Share Chart

Valero Energy Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 497.60 622.32 704.39 748.21 751.14

Valero Energy Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted Revenue per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 738.54 710.16 761.60 751.14 749.88

Competitive Comparison of Valero Energy's Cyclically Adjusted Revenue per Share

For the Oil & Gas Refining & Marketing subindustry, Valero Energy's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Valero Energy's Cyclically Adjusted PS Ratio Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Valero Energy's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Valero Energy's Cyclically Adjusted PS Ratio falls into.



Valero Energy Cyclically Adjusted Revenue per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years.

What is Cyclically Adjusted Revenue per Share? How do we calculate Cyclically Adjusted Revenue per Share?

Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Revenue per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the revenue per share from 2001 through 2010.

We adjusted the 2001 revenue per share data with the total inflation from 2001 through 2010 to the equivalent revenue in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's revenue is $1 a share in 2001, then the 2001's equivalent revenue in 2010 is $1.4 a share. If Wal-Mart's revenue is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 revenue in 2010 is $1.35. So on and so forth, you get the equivalent revenue per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted Revenue per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, Valero Energy's adjusted Revenue per Share data for the three months ended in Mar. 2024 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=238.903/129.4194*129.4194
=238.903

Current CPI (Mar. 2024) = 129.4194.

Valero Energy Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 73.097 100.560 94.075
201409 75.889 100.428 97.797
201412 70.634 99.070 92.273
201503 64.928 99.621 84.349
201506 76.929 100.684 98.885
201509 89.201 100.392 114.993
201512 75.591 99.792 98.033
201603 61.688 100.470 79.462
201606 71.323 101.688 90.773
201609 69.481 101.861 88.279
201612 76.339 101.863 96.991
201703 75.490 102.862 94.980
201706 82.215 103.349 102.954
201709 83.683 104.136 104.001
201712 99.271 104.011 123.521
201803 100.340 105.290 123.336
201806 135.682 106.317 165.166
201809 148.418 106.507 180.347
201812 132.192 105.998 161.401
201903 111.468 107.251 134.509
201906 133.761 108.070 160.186
201909 135.899 108.329 162.356
201912 140.232 108.420 167.393
202003 132.347 108.902 157.282
202006 66.270 108.767 78.853
202009 104.875 109.815 123.598
202012 104.942 109.897 123.584
202103 144.034 111.754 166.801
202106 171.414 114.631 193.527
202109 190.976 115.734 213.558
202112 249.420 117.630 274.419
202203 235.050 121.301 250.781
202206 322.609 125.017 333.970
202209 298.845 125.227 308.851
202212 287.368 125.222 297.001
202303 257.176 127.348 261.360
202306 233.933 128.729 235.188
202309 271.728 129.860 270.807
202312 258.987 129.419 258.987
202403 238.903 129.419 238.903

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.


Valero Energy  (BSP:VLOE34) Cyclically Adjusted Revenue per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Revenue per Share may underestimate the company's revenue. Cyclically Adjusted PS Ratio can seem to be too high even the actual PS Ratio is low.

For the Cyclically Adjusted PS Ratio, the revenue per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/S calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PS Ratio is also called CAPS Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

Valero Energy's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=432.15/749.88
=0.58

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Valero Energy was 0.60. The lowest was 0.16. And the median was 0.32.


Be Aware

Cyclically Adjusted PS Ratio works better for cyclical companies. It gives you a better idea on the company's real revenue value.


Valero Energy Cyclically Adjusted Revenue per Share Related Terms

Thank you for viewing the detailed overview of Valero Energy's Cyclically Adjusted Revenue per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Valero Energy (BSP:VLOE34) Business Description

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GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Valero Energy Corp (BSP:VLOE34) » Definitions » Cyclically Adjusted Revenue per Share
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Address
One Valero Way, San Antonio, TX, USA, 78249
Valero Energy is one of the largest independent refiners in the United States. It operates 15 refineries with a total throughput capacity of 3.2 million barrels a day in the United States, Canada, and the United Kingdom. Valero also owns 12 ethanol plants with capacity of 1.6 billion gallons of ethanol a year and holds a 50% stake in Diamond Green Diesel, which has capacity to produce 1.2 billion gallons per year of renewable diesel.

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