Valero Energy (XTER:V1L) E10: €10.07 (As of Mar. 2026)


XTER:V1L Valero Energy Corp XTER:V1L
64 GF Score
Price €231.00
GF Value €129.33
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Valero Energy E10?

Valero Energy XTER:V1L -1.79% 64 E10 is €10.07 as of Mar. 2026. GuruFocus rates XTER:V1L with a GF Score™ of 64/100 and a GF Value™ of €129.33 (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 Mar. 2026 was €3.650. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €10.07 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Valero Energy's average E10 Growth Rate was 7.10% 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 (2026-07-01), Valero Energy's current stock price is €231.00. Valero Energy's E10 for the quarter that ended in Mar. 2026 was €10.07. Valero Energy's Shiller PE Ratio of today is 22.94.

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 15.07.


Valero Energy  (XTER:V1L) 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
=231.00/10.07
=22.94

* 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 15.07.


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 5.00 7.88 8.94 9.69 9.41

Valero Energy Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 8.76 8.57 8.99 9.41 10.07

XTER:V1L vs MPC, PSX, SUN: 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.


XTER:V1L
64GF Score
Valero Energy Corp XTER:V1L
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 Mar. 2026 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=3.65/330.2130*330.2130
=3.650

Current CPI (Mar. 2026) = 330.2130.

Valero Energy Quarterly Data

per share eps CPI Adj_EPS
201606 1.540 241.018 2.110
201609 1.185 241.428 1.621
201612 0.768 241.432 1.050
201703 0.636 243.801 0.861
201706 1.095 244.955 1.476
201709 1.602 246.819 2.143
201712 4.580 246.524 6.135
201803 0.884 249.554 1.170
201806 1.678 251.989 2.199
201809 1.723 252.439 2.254
201812 1.969 251.233 2.588
201903 0.301 254.202 0.391
201906 1.301 256.143 1.677
201909 1.344 256.759 1.728
201912 2.322 256.974 2.984
202003 -4.109 258.115 -5.257
202006 2.726 257.797 3.492
202009 -0.968 260.280 -1.228
202012 -0.723 260.474 -0.917
202103 -1.453 264.877 -1.811
202106 0.324 271.696 0.394
202109 0.961 274.310 1.157
202112 2.177 278.802 2.578
202203 2.007 287.504 2.305
202206 10.945 296.311 12.197
202209 7.262 296.808 8.079
202212 7.694 296.797 8.560
202303 7.743 301.836 8.471
202306 4.984 305.109 5.394
202309 7.018 307.789 7.529
202312 3.255 306.746 3.504
202403 3.450 312.332 3.648
202406 2.518 314.175 2.647
202409 1.027 315.301 1.076
202412 0.840 315.605 0.879
202503 -1.757 319.799 -1.814
202506 1.977 322.561 2.024
202509 3.008 324.800 3.058
202512 3.185 324.054 3.246
202603 3.650 330.213 3.650

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 €10.07 mean?
Valero Energy (XTER:V1L) has a E10 of €10.07 as of Mar. 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 €10.07. Overall, Valero Energy has a GF Score™ of 64/100 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 €10.07 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 €10.07. 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 (XTER:V1L) is currently considered Significantly Overvalued. The stock's GF Value™ is €129.33, compared to a current price of €231.00 — trading 78.6% above its estimated fair value. The current E10 is €10.07. Valero Energy's overall GF Score™ is 64/100 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 (XTER:V1L), the current E10 is €10.07 as of Mar. 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 (XTER:V1L) Overvalued in 2026?

Based on GuruFocus' analysis, Valero Energy stock appears to be overvalued. The current stock price of €231.00 is trading 78.6% above its estimated GF Value™ of €129.33. GuruFocus considers Valero Energy to be Significantly Overvalued.

Key valuation signals for XTER:V1L:

  • E10: €10.07
  • GF Value™: €129.33 vs. price of €231.00 (78.6% above fair value)
  • GF Score™: 64/100 with 6 warning signs

No single metric tells the full story. See the XTER:V1L 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.
64GF Score

Get the complete analysis for XTER:V1L

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

€231.00
Price
€129.33
GF Value