VLO (Valero Energy) Shiller PE Ratio: 30.71 (As of Sep. 14, 2026) — 102% Above Median

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VLO Valero Energy Corp VLO
65 GF Score
Price $382.95
GF Value $171.47
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

What is Valero Energy Shiller PE Ratio?

Valero Energy VLO -1.91% 65 Shiller PE Ratio is 30.71 as of Sep. 14, 2026, which is 102% above its 10-year median of 15.21. GuruFocus rates VLO with a GF Score™ of 65/100 and a GF Value™ of $171.47 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 441 Oil & Gas companies, Valero Energy ranks worse than 76.19% on this metric.

As of today (2026-09-14), Valero Energy's current share price is $382.95. Valero Energy's E10 for the quarter that ended in Jun. 2026 was $12.47. Valero Energy's Shiller PE Ratio for today is 30.71.

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

VLO' s Shiller PE Ratio Range Over the Past 10 Years
Min: 6.57   Med: 15.21   Max: 32.83
Current: 30.71

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.

VLO's Shiller PE Ratio is ranked worse than
76.19% of 441 companies
in the Oil & Gas industry
Industry Median: 17.89 vs VLO: 30.71

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 $12.620. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $12.47 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Valero Energy  (NYSE: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

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.


VLO
65GF Score
Valero Energy Corp 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
=382.95/12.47
=30.71

* 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)
=12.62/333.9520*333.9520
=12.620

Current CPI (Jun. 2026) = 333.9520.

Valero Energy Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201609 1.330 241.428 1.840
201612 0.810 241.432 1.120
201703 0.680 243.801 0.931
201706 1.230 244.955 1.677
201709 1.910 246.819 2.584
201712 5.420 246.524 7.342
201803 1.090 249.554 1.459
201806 1.960 251.989 2.598
201809 2.010 252.439 2.659
201812 2.240 251.233 2.978
201903 0.340 254.202 0.447
201906 1.470 256.143 1.917
201909 1.480 256.759 1.925
201912 2.580 256.974 3.353
202003 -4.540 258.115 -5.874
202006 3.070 257.797 3.977
202009 -1.140 260.280 -1.463
202012 -0.880 260.474 -1.128
202103 -1.730 264.877 -2.181
202106 0.390 271.696 0.479
202109 1.130 274.310 1.376
202112 2.460 278.802 2.947
202203 2.210 287.504 2.567
202206 11.570 296.311 13.040
202209 7.190 296.808 8.090
202212 8.150 296.797 9.170
202303 8.290 301.836 9.172
202306 5.400 305.109 5.910
202309 7.490 307.789 8.127
202312 3.550 306.746 3.865
202403 3.750 312.332 4.010
202406 2.710 314.175 2.881
202409 1.140 315.301 1.207
202412 0.880 315.605 0.931
202503 -1.900 319.799 -1.984
202506 2.280 322.561 2.361
202509 3.530 324.800 3.629
202512 3.730 324.054 3.844
202603 4.220 330.213 4.268
202606 12.620 333.952 12.620

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 30.71 mean?
Valero Energy (VLO) has a Shiller PE Ratio of 30.71 as of Sep. 14, 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 102% 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 #336 out of 441 companies in the Oil & Gas industry, placing it in the top 76.2%.
Is Valero Energy's Shiller PE Ratio too high?
Valero Energy's current Shiller PE Ratio of 30.71 is 102% 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 17.89. Valero Energy's value of 30.71 is 71.7% above this industry median. Based on the distribution chart, Valero Energy ranks #336 out of 441 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, Valero Energy has a GF Score™ of 65/100 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 #336 out of 441 companies for Shiller PE Ratio. This places Valero Energy in the lower half of its industry. The industry median Shiller PE Ratio is 17.89. Valero Energy's value of 30.71 is 71.7% 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 17.89, 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 17.89, based on 441 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 30.71 is 71.7% 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 17.89 — 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 30.71, which is 102% 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 (VLO) is currently considered Significantly Overvalued. The stock's GF Value™ is $171.47, compared to a current price of $382.95 — trading 123.3% above its estimated fair value. The current Shiller PE Ratio is 30.71, which is 102% above median its 10-year median of 15.21 and 71.7% above the Oil & Gas industry median of 17.89. Valero Energy's overall GF Score™ is 65/100 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 (VLO), the current Shiller PE Ratio is 30.71 as of Sep. 14, 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 (VLO) Overvalued in 2026?

Based on GuruFocus' analysis, Valero Energy stock appears to be overvalued. The current stock price of $382.95 is trading 123.3% above its estimated GF Value™ of $171.47. GuruFocus considers Valero Energy to be Significantly Overvalued.

Key valuation signals for VLO:

  • Shiller PE Ratio: 30.71 (102% above median its 10-year median of 15.21)
  • GF Value™: $171.47 vs. price of $382.95 (123.3% above fair value)
  • GF Score™: 65/100 with 6 warning signs
  • Industry Position: 71.7% above the Oil & Gas median (#336 of 441)

No single metric tells the full story. See the 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.
65GF Score

Get the complete analysis for VLO

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

$382.95
Price
$171.47
GF Value