Question 1

What is Valero Energy's P/S ratio?

Accepted Answer

Valero Energy (VLO) P/S ratio is 0.6× as of June 5, 2026. The ratio is calculated by dividing market capitalisation by trailing twelve-month revenue, using USD-normalised financials (IAS 21 exchange-rate translation for non-USD reporters).

Question 2

How is the P/S ratio calculated?

Accepted Answer

P/S = Market Capitalisation ÷ Trailing Twelve-Month (TTM) Revenue, or equivalently Share Price ÷ TTM Revenue Per Share. All inputs are sourced from audited GAAP/IFRS filings and translated to USD using period-end exchange rates so the multiple is comparable across companies and currencies.

Question 3

What is the P/S ratio?

Accepted Answer

The price-to-sales (P/S) ratio compares a company's market capitalisation to its trailing twelve-month (TTM) revenue. It is calculated as market cap ÷ TTM revenue (equivalent to share price ÷ TTM revenue per share). Because the denominator (revenue) cannot be negative, P/S is widely used to value unprofitable or pre-profit companies and to make cross-sector comparisons.

Question 4

What is a good P/S ratio for Valero Energy?

Accepted Answer

A "good" P/S depends heavily on profit margin and growth: software and other high-margin businesses often command 5–15× sales, while low-margin retailers and commodity producers typically trade below 1×. Compare against sector peers rather than absolute thresholds. For Valero Energy specifically, the relevant sector benchmark is the current sector median of 2.2×.

Question 5

Is Valero Energy's P/S ratio high or low?

Accepted Answer

Valero Energy's P/S ratio of 0.6× is above its own 5-year average of 0.3× and below the sector median of 2.2×. That places the current reading at the 99th percentile of its 10-year history. A higher multiple usually reflects stronger expected growth, lower perceived risk, or higher returns on capital; a lower multiple reflects the opposite.

Question 6

What is Valero Energy's historical P/S ratio range?

Accepted Answer

In the available daily series, Valero Energy (VLO) P/S ratio has ranged from a low of 0.1× in 2009 to a high of 0.6× in 2026. The 5-year average is 0.3× and the 5-year median is 0.3×.

Question 7

What was Valero Energy's P/S ratio in 2025?

Accepted Answer

Valero Energy (VLO) P/S ratio at the end of 2025 was 0.4×. Annual values reflect the multiple on the last trading day of each calendar year, using the trailing twelve-month revenue figure available at that date.

Question 8

Why does Valero Energy's P/S ratio change over time?

Accepted Answer

Valuation multiples move with two inputs: the numerator (market capitalisation, which tracks the share price) and the denominator (revenue). Share-price changes — driven by interest rates, earnings expectations, risk appetite, and broader market sentiment — typically dominate short-term moves, while changes in the underlying fundamental drive the longer-term trend. As a result, the ratio can rise during stock-price rallies even if the business itself has not become more valuable, and fall during sell-offs even when fundamentals are improving.


2025	$49.33B	$124.05B	0.4×	+0.1×	Dec 31, 2025
2024	$38.62B	$129.88B	0.3×	-0.0×	Dec 31, 2024
2023	$43.81B	$144.77B	0.3×	+0.0×	Dec 31, 2023
2022	$48.21B	$176.38B	0.3×	+0.0×	Dec 31, 2022
2021	$30.57B	$113.98B	0.3×	-0.1×	Dec 31, 2021
2020	$23.02B	$64.91B	0.4×	+0.0×	Dec 31, 2020
2019	$38.30B	$108.32B	0.4×	+0.1×	Dec 31, 2019
2018	$31.56B	$117.03B	0.3×	-0.2×	Dec 31, 2018
2017	$39.98B	$93.98B	0.4×	+0.0×	Dec 31, 2017
2016	$30.81B	$75.66B	0.4×	+0.0×	Dec 31, 2016
2015	$33.87B	$87.80B	0.4×	+0.2×	Dec 31, 2015
2014	$25.59B	$130.84B	0.2×	-0.0×	Dec 31, 2014
2013	$27.01B	$138.07B	0.2×	+0.1×	Dec 31, 2013
2012	$17.17B	$139.25B	0.1×	+0.0×	Dec 31, 2012
2011	$10.67B	$125.99B	0.1×	-0.1×	Dec 31, 2011
2010	$11.95B	$82.23B	0.1×	+0.0×	Dec 31, 2010
2009	$8.60B	$68.14B	0.1×	+0.0×	Dec 31, 2009
2008	$10.16B	$119.11B	0.1×	-0.3×	Dec 31, 2008
2007	$34.03B	$96.27B	0.4×	+0.0×	Dec 31, 2007
2006	$27.99B	$91.83B	0.3×	-0.1×	Dec 31, 2006
2005	$29.18B	$82.16B	0.4×	+0.2×	Dec 31, 2005
2004	$10.62B	$54.62B	0.2×	+0.1×	Dec 31, 2004
2003	$5.32B	$37.97B	0.1×	+0.0×	Dec 31, 2003
2002	$3.64B	$26.98B	0.1×	-0.1×	Dec 31, 2002
2001	$3.66B	$14.99B	0.2×	—	Dec 31, 2001


Kinder Morgan (KMI)	4.3×
EQT (EQT)	4.0×
First Solar (FSLR)	3.9×
Diamondback Energy (FANG)	3.7×
National Fuel Gas (NFG)	3.6×
Enphase Energy (ENPH)	3.5×
Targa Resources (TRGP)	3.3×
EOG Resources (EOG)	3.3×
ConocoPhillips (COP)	2.8×
Occidental Petroleum (OXY)	2.7×
Chevron (CVX)	2.2×
Exxon Mobil (XOM)	2.2×
Baker Hughes (BKR)	2.2×
SLB (SLB)	2.1×
Enbridge (ENB)	2.1×
Devon Energy (DVN)	1.9×
Expand Energy (EXE)	1.9×
APA (APA)	1.7×
ONEOK (OKE)	1.6×
Halliburton (HAL)	1.5×
NACCO Industries (NC)	1.4×
Sunrun (RUN)	1.0×
Energy Transfer LP (ET)	0.7×
Phillips 66 (PSX)	0.5×
Marathon Petroleum (MPC)	0.5×

P/S Ratio for Valero Energy (VLO)

P/S Ratio daily chart for Valero Energy (VLO)

Historical P/S Ratio for Valero Energy (VLO) from 2001 to 2025

About P/S Ratio at Valero Energy (VLO)

Valero Energy P/S Ratio by Year

Valero Energy P/S Ratio 2025: 0.4×

Valero Energy P/S Ratio 2024: 0.3×

Valero Energy P/S Ratio 2023: 0.3×

Valero Energy P/S Ratio 2022: 0.3×

Valero Energy P/S Ratio 2021: 0.3×

Sector peers by P/S Ratio — chart

Sector peers by P/S Ratio — table

Frequently asked questions

Valero Energy (VLO) Key Financials

P/S Ratio daily chart for Valero Energy (VLO)

Historical P/S Ratio for Valero Energy (VLO) from 2001 to 2025

About P/S Ratio at Valero Energy (VLO)

Valero Energy P/S Ratio by Year

Valero Energy P/S Ratio 2025: 0.4×

Valero Energy P/S Ratio 2024: 0.3×

Valero Energy P/S Ratio 2023: 0.3×

Valero Energy P/S Ratio 2022: 0.3×

Valero Energy P/S Ratio 2021: 0.3×

Sector peers by P/S Ratio — chart

Sector peers by P/S Ratio — table

Frequently asked questions

+What is Valero Energy's P/S ratio?

+How is the P/S ratio calculated?

+What is the P/S ratio?

+What is a good P/S ratio for Valero Energy?

+Is Valero Energy's P/S ratio high or low?

+What is Valero Energy's historical P/S ratio range?

+What was Valero Energy's P/S ratio in 2025?

+Why does Valero Energy's P/S ratio change over time?

Valero Energy (VLO) Key Financials