Valero Energy (MEX:VLO) E10: MXN223.93 (As of Jun. 2026)

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MEX:VLO Valero Energy Corp MEX:VLO
54 GF Score
Price MXN5,424.30
GF Value MXN2,975.25
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

What is Valero Energy E10?

Valero Energy MEX:VLO 54 E10 is MXN223.93 as of Jun. 2026. GuruFocus rates MEX:VLO with a GF Score™ of 54/100 and a GF Value™ of MXN2,975.25 (Significantly Overvalued). The stock has 6 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

Valero Energy's adjusted earnings per share data for the three months ended in Jun. 2026 was MXN220.206. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is MXN223.93 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Valero Energy's average E10 Growth Rate was 18.40% per year. During the past 3 years, the average E10 Growth Rate was 8.40% per year. During the past 5 years, the average E10 Growth Rate was 17.00% per year. During the past 10 years, the average E10 Growth Rate was 12.90% 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 E10 growth rate using E10 data.

During the past 13 years, the highest 3-Year average E10 Growth Rate of Valero Energy was 52.60% per year. The lowest was -5.80% per year. And the median was 13.10% per year.

As of today (2026-08-09), Valero Energy's current stock price is MXN5424.30. Valero Energy's E10 for the quarter that ended in Jun. 2026 was MXN223.93. Valero Energy's Shiller PE Ratio of today is 24.22.

During the past 13 years, the highest Shiller PE Ratio of Valero Energy was 32.83. The lowest was 6.57. And the median was 15.11.


Valero Energy  (MEX:VLO) E10 Explanation

If a company grows much fast than inflation, E10 may underestimate the company's earnings power. Shiller PE Ratio can seem to be too high even the actual P/E is low.

For the Shiller P/E, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller P/E is also called PE10.

The Shiller P/E was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

Valero Energy's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=5424.30/223.93
=24.22

* 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 Shiller P/E Ratio of Valero Energy was 32.83. The lowest was 6.57. And the median was 15.11.


Be Aware

Shiller PE Ratio works better for cyclical companies. It gives you a better idea on the company's real earnings power.


Valero Energy E10 Related Terms


Valero Energy E10 Historical Data

* Premium members only.

The historical data trend for Valero Energy's E10 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.

Valero Energy E10 Chart

Valero Energy Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 115.88 164.89 181.87 211.19 193.64

Valero Energy Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
E10 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 198.53 191.83 193.64 209.83 223.93

MEX:VLO vs MPC, PSX, DINO: E10 Comparison

For the Oil & Gas Refining & Marketing subindustry, Valero Energy's Shiller PE Ratio, along with its competitors' market caps and Shiller PE 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 Shiller PE Ratio vs Oil & Gas Industry

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

* The bar in red indicates where Valero Energy's Shiller PE Ratio falls into.


MEX:VLO
54GF Score
Valero Energy Corp MEX:VLO
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Valero Energy E10 Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. When we calculate the today's Shiller P/E ratio of a stock, we use today's price divided by E10.

What is E10? How do we calculate E10?

E10 is the average of the inflation adjusted earnings of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the E10 of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the earnings from 2001 through 2010.

We adjusted the earnings of 2001 earnings data with the total inflation from 2001 through 2010 to the equivalent earnings in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart earned $1 a share in 2001, then the 2001's equivalent earnings in 2010 is $1.4 a share. If Wal-Mart earns $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 earnings in 2010 is $1.35. So on and so forth, you get the equivalent earnings of past 10 years. Then you add them together and divided the sum by 10 to get E10.

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 earnings per share data for the three months ended in Jun. 2026 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=220.206/333.9520*333.9520
=220.206

Current CPI (Jun. 2026) = 333.9520.

Valero Energy Quarterly Data

per share eps CPI Adj_EPS
201609 25.716 241.428 35.571
201612 16.700 241.432 23.100
201703 12.804 243.801 17.539
201706 22.233 244.955 30.311
201709 34.663 246.819 46.900
201712 106.446 246.524 144.196
201803 19.803 249.554 26.500
201806 38.513 251.989 51.040
201809 37.597 252.439 49.737
201812 43.982 251.233 58.463
201903 6.595 254.202 8.664
201906 28.237 256.143 36.815
201909 29.218 256.759 38.002
201912 48.659 256.974 63.235
202003 -106.454 258.115 -137.731
202006 70.862 257.797 91.795
202009 -25.184 260.280 -32.312
202012 -17.505 260.474 -22.443
202103 -35.363 264.877 -44.585
202106 7.763 271.696 9.542
202109 23.235 274.310 28.287
202112 50.464 278.802 60.446
202203 44.003 287.504 51.112
202206 232.765 296.311 262.334
202209 144.627 296.808 162.726
202212 158.892 296.797 178.783
202303 149.427 301.836 165.326
202306 92.577 305.109 101.329
202309 130.468 307.789 141.558
202312 60.259 306.746 65.604
202403 62.236 312.332 66.544
202406 49.647 314.175 52.772
202409 22.447 315.301 23.775
202412 18.353 315.605 19.420
202503 -38.871 319.799 -40.591
202506 42.931 322.561 44.447
202509 64.755 324.800 66.580
202512 67.161 324.054 69.212
202603 76.098 330.213 76.960
202606 220.206 333.952 220.206

Add all the adjusted EPS together and divide 10 will get our e10.

Frequently Asked Questions Learn more about E10 →
What does a E10 of MXN223.93 mean?
Valero Energy (MEX:VLO) has a E10 of MXN223.93 as of Jun. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Valero Energy and its competitors.
Is Valero Energy's E10 too high?
Valero Energy's current E10 is MXN223.93. Overall, Valero Energy has a GF Score™ of 54/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Valero Energy's E10 compare to MPC and PSX?
Valero Energy's E10 of MXN223.93 can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good E10 for an Oil & Gas company?
A good E10 depends on the Oil & Gas industry context. However, E10 should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high E10 mean?
A high E10 can signal that a stock is expensive relative to its fundamentals. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Valero Energy and its competitors. Valero Energy's current E10 is MXN223.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Valero Energy stock overvalued right now?
Based on GuruFocus' analysis, Valero Energy (MEX:VLO) is currently considered Significantly Overvalued. The stock's GF Value™ is MXN2,975.25, compared to a current price of MXN5,424.30 — trading 82.3% above its estimated fair value. The current E10 is MXN223.93. Valero Energy's overall GF Score™ is 54/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is E10 calculated?
E10 is calculated from a company's financial statements. For Valero Energy (MEX:VLO), the current E10 is MXN223.93 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Valero Energy (MEX:VLO) Overvalued in 2026?

Based on GuruFocus' analysis, Valero Energy stock appears to be overvalued. The current stock price of MXN5,424.30 is trading 82.3% above its estimated GF Value™ of MXN2,975.25. GuruFocus considers Valero Energy to be Significantly Overvalued.

Key valuation signals for MEX:VLO:

  • E10: MXN223.93
  • GF Value™: MXN2,975.25 vs. price of MXN5,424.30 (82.3% above fair value)
  • GF Score™: 54/100 with 6 warning signs

No single metric tells the full story. See the MEX:VLO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Valero Energy Business Description

Industry EnergyOil & Gas
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 US, Canada, and the United Kingdom. Valero also owns 12 ethanol plants with capacity of 1.6 billion gallons a year and holds a 50% stake in Diamond Green Diesel, which can produce 1.2 billion gallons per year of renewable diesel.
54GF Score

Get the complete analysis for MEX:VLO

E10 is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN5,424.30
Price
MXN2,975.25
GF Value