Valero Energy (MEX:VLO) Shiller PE Ratio: 29.02 (As of Sep. 10, 2026) — 91% Above Median

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MEX:VLO Valero Energy Corp MEX:VLO
53 GF Score
Price MXN6,499.00
GF Value MXN2,857.25
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

What is Valero Energy Shiller PE Ratio?

Valero Energy MEX:VLO +0.14% 53 Shiller PE Ratio is 29.02 as of Sep. 10, 2026, which is 91% above its 10-year median of 15.21. GuruFocus rates MEX:VLO with a GF Score™ of 53/100 and a GF Value™ of MXN2,857.25 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 436 Oil & Gas companies, Valero Energy ranks worse than 75.46% on this metric.

As of today (2026-09-10), Valero Energy's current share price is MXN6499.00. Valero Energy's E10 for the quarter that ended in Jun. 2026 was MXN223.93. Valero Energy's Shiller PE Ratio for today is 29.02.

The historical rank and industry rank for Valero Energy's Shiller PE Ratio or its related term are showing as below:

MEX:VLO' s Shiller PE Ratio Range Over the Past 10 Years
Min: 6.57   Med: 15.21   Max: 32.83
Current: 31.2

During the past years, Valero Energy's highest Shiller PE Ratio was 32.83. The lowest was 6.57. And the median was 15.21.

MEX:VLO's Shiller PE Ratio is ranked worse than
75.46% of 436 companies
in the Oil & Gas industry
Industry Median: 18.29 vs MEX:VLO: 31.20

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.

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.

Shiller PE for Stocks: The True Measure of Stock Valuation


Valero Energy  (MEX:VLO) Shiller PE Ratio Explanation

Compared with the regular PE Ratio, which works poorly for cyclical businesses, the Shiller PE Ratio smoothed out the fluctuations of profit margins during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Shiller PE Ratio should give similar results to regular PE Ratio.

Compared with the PS Ratio, the Shiller PE Ratio makes the comparison between different industries more meaningful.


Be Aware

Shiller PE Ratio assumes that over the long term, businesses and profitability revert to their means. If a company's business model does not work in the future compared with the past, Shiller PE Ratio and PS Ratio will give false valuations.


Valero Energy Shiller PE Ratio Related Terms


Valero Energy Shiller PE Ratio Historical Data

* Premium members only.

The historical data trend for Valero Energy's Shiller PE Ratio 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 Shiller PE Ratio Chart

Valero Energy Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.18 14.92 12.24 11.28 15.03

Valero Energy Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Shiller PE Ratio 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 12.77 16.11 15.03 21.83 20.89

MEX:VLO vs MPC, PSX, DINO: Shiller PE Ratio 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
53GF Score
Valero Energy Corp MEX:VLO
Shiller PE Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Valero Energy Shiller PE Ratio Calculation

For Shiller PE Ratio, 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 PE Ratio is also called PE10.

The Shiller PE Ratio 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 PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=6499.00/223.93
=29.02

* 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's E10 for the quarter that ended in Jun. 2026 is calculated as:

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

Earnings per Share (Diluted) 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.

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.

Frequently Asked Questions Learn more about Shiller PE Ratio →
What does a Shiller PE Ratio of 29.02 mean?
Valero Energy (MEX:VLO) has a Shiller PE Ratio of 29.02 as of Sep. 10, 2026. Shiller price-earnings ratio is the ratio of share price to a company's inflation-adjusted earnings over a 10-year period. View historical data on Valero Energy and its competitors. This is 91% above median its historical median of 15.21. Over the past decade, Valero Energy's Shiller PE Ratio has ranged from 6.57 to 32.83. According to the industry distribution chart, Valero Energy ranks #329 out of 436 companies in the Oil & Gas industry, placing it in the top 75.5%.
Is Valero Energy's Shiller PE Ratio too high?
Valero Energy's current Shiller PE Ratio of 29.02 is 91% above median its 10-year median of 15.21. Over the past 10 years, this metric has ranged from a low of 6.57 to a high of 32.83. The Oil & Gas industry median Shiller PE Ratio is 18.29. Valero Energy's value of 29.02 is 58.7% above this industry median. Based on the distribution chart, Valero Energy ranks #329 out of 436 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, Valero Energy has a GF Score™ of 53/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Valero Energy's Shiller PE Ratio compare to MPC and PSX?
According to the Oil & Gas industry distribution chart, Valero Energy ranks #329 out of 436 companies for Shiller PE Ratio. This places Valero Energy in the lower half of its industry. The industry median Shiller PE Ratio is 18.29. Valero Energy's value of 29.02 is 58.7% above this benchmark. Historically, Valero Energy's own Shiller PE Ratio has ranged from 6.57 to 32.83 over the past decade. While the company's 10-year median is 15.21 vs. the industry median of 18.29, Valero Energy has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Shiller PE Ratio for an Oil & Gas company?
The median Shiller PE Ratio among Oil & Gas companies is 18.29, based on 436 companies in the industry. Companies in the top quartile (top 25%) have a Shiller PE Ratio significantly above this median, while those in the bottom quartile fall well below. However, Shiller PE Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Valero Energy's current Shiller PE Ratio of 29.02 is 58.7% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Shiller PE Ratio mean?
A high Shiller PE Ratio can signal that a stock is expensive relative to its fundamentals. Shiller price-earnings ratio is the ratio of share price to a company's inflation-adjusted earnings over a 10-year period. View historical data on Valero Energy and its competitors. For the Oil & Gas industry, the median Shiller PE Ratio is 18.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Valero Energy's current Shiller PE Ratio is 29.02, which is 91% above median its own 10-year median of 15.21. 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 MXN2,857.25, compared to a current price of MXN6,499.00 — trading 127.5% above its estimated fair value. The current Shiller PE Ratio is 29.02, which is 91% above median its 10-year median of 15.21 and 58.7% above the Oil & Gas industry median of 18.29. Valero Energy's overall GF Score™ is 53/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Shiller PE Ratio calculated?
Shiller PE Ratio is calculated from a company's financial statements. For Valero Energy (MEX:VLO), the current Shiller PE Ratio is 29.02 as of Sep. 10, 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 MXN6,499.00 is trading 127.5% above its estimated GF Value™ of MXN2,857.25. GuruFocus considers Valero Energy to be Significantly Overvalued.

Key valuation signals for MEX:VLO:

  • Shiller PE Ratio: 29.02 (91% above median its 10-year median of 15.21)
  • GF Value™: MXN2,857.25 vs. price of MXN6,499.00 (127.5% above fair value)
  • GF Score™: 53/100 with 6 warning signs
  • Industry Position: 58.7% above the Oil & Gas median (#329 of 436)

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.
53GF Score

Get the complete analysis for MEX:VLO

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

MXN6,499.00
Price
MXN2,857.25
GF Value