Basis: Latest reported fiscal year. Source: stored company filings and market data; unavailable inputs remain N/A.
The forward PE ratio is 8.88 as of Sunday, July 26, 2026.
Forward PE Ratio (8.88) = Close Price ($302.50) / Consensus Forward EPS ($34.08)
FORWARD PE RATIO
8.88
SECTOR MEDIAN · ENERGY
13.43
median of 37 covered companies
CURRENT VS SECTOR MEDIAN
-33.88%
vs the sector median at left
Valero Energy Corporation
Market Cap
$89.82B
Forward PE Ratio
8.88
| NAME | MARKET CAP | FORWARD PE RATIO |
|---|---|---|
| Valero Energy Corporation (VLO) | $89.82B | 8.88 |
| Marathon Petroleum Corporation (MPC)vs › | $90.28B | 8.78 |
| The Williams Companies, Inc. (WMB)vs › | $90.50B | 31.29 |
| Enterprise Products Partners L.P. (EPD)vs › | $83.79B | 13.49 |
| Phillips 66 (PSX)vs › | $82.90B | 9.90 |
| Canadian Natural Resources Limited (CNQ)vs › | $96.86B | 11.33 |
| Slb N.V. (SLB)vs › | $78.37B | 20.82 |
| EOG Resources, Inc. (EOG)vs › | $77.97B | 8.88 |
| Suncor Energy Inc. (SU)vs › | $77.71B | 6.89 |
| Eni S.p.A. (E)vs › | $76.03B | 10.49 |
Trailing P/E
22.0
reported TTM EPS
Forward P/E
8.9
consensus next-FY EPS
The gap between the two multiples is the consensus growth expectation: analysts' forward EPS of $34.08 implies +147.5% EPS growth vs the reported trailing $13.77.
At today's $302.50 close, each upcoming fiscal year's consensus EPS implies a different multiple — how quickly the price is "paid down" by expected earnings if the estimates hold.
| Fiscal year end | Consensus EPS | Estimate range | Analysts | Implied P/E |
|---|---|---|---|---|
| 2026-12-31 | $34.08 | $28.78 – $46.06 | 11 | 8.9x |
| 2027-12-31 | $24.34 | $14.48 – $28.37 | 11 | 12.4x |
| 2028-12-31 | $18.57 | $11.05 – $24.00 | 5 | 16.3x |
Source: FMP analyst consensus estimates, refreshed with the daily precompute. "n/m" = the consensus EPS is not positive, so a multiple is undefined. There is no forward P/E history chart here because charting one would require the estimates as they stood in the past, which we do not store — see the trailing P/E history for how the realized multiple has moved.
PE Ratio = Share Price / Diluted EPS (TTM)
The price-to-earnings ratio measures how much investors pay for each dollar of trailing earnings. A lower PE can indicate a cheaper valuation; a higher PE implies higher growth expectations.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute