VALERO ENERGY CORP/TX (VLO)
Petroleum Refining
Latest Price
$312.90
TTM P/E
22.86
Normalized P/E
19.07
Div Yield
1.47%
Book Value
80.10
P/B Ratio
3.91
Valuation metrics
adjust assumptions →EPS: $7.57
Book value / share: $76.78
Formula: √(22.5 × EPS × BVPS)
Graham Number
$114.36
63% downside
Norm. op. income: $3.8B (median of 7yr)
Tax rate: 21%
Discount rate: 10%
Growth assumption: zero (EPV is a no-growth value)
Earnings Power Value
$81.13
74% downside
Base FCF: $6.0B (median of recent 5yr)
Growth: -15%/yr (median YOY, capped at 25%)
Discount rate: 10%
Terminal growth: 3%
Projection horizon: 10 years
DCF Fair Value
$67.64
78% downside
EPS: $7.57
Target P/E: 19×
Formula: EPS × P/E
P/E Fair Value
$143.83
54% downside
Institutional Ownership
80.0% held by institutions| Institution | Shares | Value | Ownership % | Change | Filing Date |
|---|---|---|---|---|---|
| BlackRock, Inc. | 26.01M | $6.43B | 8.73% | -412.5K | 2026-03-31 |
| VANGUARD CAPITAL MANAGEMENT LLC | 19.63M | $4.85B | 6.59% | -- | 2026-03-31 |
| STATE STREET CORP | 19.62M | $4.85B | 6.58% | +1.44M | 2026-03-31 |
| VANGUARD PORTFOLIO MANAGEMENT LLC | 14.88M | $3.68B | 4.99% | -- | 2026-03-31 |
| FMR LLC | 8.37M | $2.07B | 2.81% | +1.61M | 2026-03-31 |
| GEODE CAPITAL MANAGEMENT, LLC | 8.29M | $2.04B | 2.78% | +215.7K | 2026-03-31 |
| PRICE T ROWE ASSOCIATES INC /MD/ | 8.13M | $2.01B | 2.73% | -1.89M | 2026-03-31 |
| MORGAN STANLEY | 7.26M | $1.79B | 2.44% | -181.2K | 2026-03-31 |
| AMERIPRISE FINANCIAL INC | 6.54M | $1.61B | 2.19% | +917.5K | 2026-03-31 |
| FRANKLIN RESOURCES INC | 6.41M | $1.58B | 2.15% | +744.0K | 2026-03-31 |