Valero Energy forward PE VLO

Share price divided by analysts' consensus earnings for the next twelve months, since 1996.

Today, Oct 23, 2026: 6.7×
10-year median: 14.1×
Against its 10-year history: 33rd; percentile: 0 is its lowest day, 100 its highest
10-year range: 3.2× to 81.1×
Peer median: 6.0×

Valero Energy's forward PE is 6.7× as of Oct 23, 2026.

That is below its ten-year median of 14.1×, lower than on 67% of days in the last ten years.

Over that time it ranged from 3.2× in Jan 2022 to 81.1× in Mar 2021.

The median for 3 oil refiners of a similar size is 6.0×.

Forward PE over time

median 14.1×

The dashed line is the 10-year median and the shaded band the middle half of its days.

Open the interactive chart, with overlays and comparisons

Year by year

Year	End of year	Low	High
2026 so far	6.7×	3.6×	7.6×
2025	4.4×	4.3×	26.7×
2024	22.6×	13.2×	49.5×
2023	13.4×	4.7×	13.6×
2022	4.7×	3.2×	5.1×
2021	3.8×	3.5×	81.1×
2020	n/m a value too high to mean anything
2019	64.6×	16.8×	64.6×
2018	18.3×	15.6×	26.4×
2017	16.5×	11.9×	17.0×
2016	17.2×	14.6×	20.5×
2015	17.2×	6.0×	17.7×
2014	6.7×	6.2×	10.6×
2013	8.8×	7.3×	10.4×
2012	8.3×	3.6×	8.6×
2011	5.7×	4.8×	7.9×
2010	5.3×	4.1×	46.4×
2009	41.4×	39.5×	56.1×
2008	47.1×	6.6×	51.9×
2007	19.5×	5.7×	21.7×

Against its peers

Companies in Oil & Gas Refining & Marketing nearest Valero Energy's size, closest first, today.

Company	Forward PE
VLOValero Energy	6.7×
MPCMarathon Petroleum	6.0×
PSXPhillips 66	7.3×
DINOHF Sinclair	5.6×
Peer median	6.0×

Where Valero Energy ranks

What the forward PE tells you

Price divided by what analysts expect the company to earn over the next twelve months. It answers "what am I paying for next year" instead of last year.

Estimates are opinions. When forward PE is far below trailing PE, analysts expect a big jump in earnings. If that jump slips, the stock was not as cheap as it looked.

More on Valero Energy

Valuation data, not investment advice. Prices as of Oct 23, 2026. Reported figures come from the company's filings with the SEC.