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Valero Energy (Valero Energy) Cyclically Adjusted Price-to-FCF : 13.84 (As of Apr. 27, 2024)


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What is Valero Energy Cyclically Adjusted Price-to-FCF?

As of today (2024-04-27), Valero Energy's current share price is $165.80. Valero Energy's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $11.98. Valero Energy's Cyclically Adjusted Price-to-FCF for today is 13.84.

The historical rank and industry rank for Valero Energy's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

VLO' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 6.26   Med: 14.46   Max: 27.63
Current: 13.84

During the past years, Valero Energy's highest Cyclically Adjusted Price-to-FCF was 27.63. The lowest was 6.26. And the median was 14.46.

VLO's Cyclically Adjusted Price-to-FCF is ranked worse than
50.26% of 392 companies
in the Oil & Gas industry
Industry Median: 14.585 vs VLO: 13.84

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted free cash flow per share of a company over the past 10 years.

Valero Energy's adjusted free cash flow per share data for the three months ended in Mar. 2024 was $4.973. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is $11.98 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Valero Energy Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Valero Energy's Cyclically Adjusted Price-to-FCF 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.

* Premium members only.

Valero Energy Cyclically Adjusted Price-to-FCF Chart

Valero Energy Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.15 9.70 10.85 13.22 11.36

Valero Energy Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted Price-to-FCF 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 13.53 11.01 12.12 11.36 14.25

Competitive Comparison of Valero Energy's Cyclically Adjusted Price-to-FCF

For the Oil & Gas Refining & Marketing subindustry, Valero Energy's Cyclically Adjusted Price-to-FCF, along with its competitors' market caps and Cyclically Adjusted Price-to-FCF 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's Cyclically Adjusted Price-to-FCF Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Valero Energy's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Valero Energy's Cyclically Adjusted Price-to-FCF falls into.



Valero Energy Cyclically Adjusted Price-to-FCF Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted Price-to-FCF takes the Free Cash Flow per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/FCF calculation. Because it considers this 10-year average, it's often referred to as the CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF.

Valero Energy's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=165.80/11.98
=13.84

* 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 Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Valero Energy's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2024 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=4.973/129.4194*129.4194
=4.973

Current CPI (Mar. 2024) = 129.4194.

Valero Energy Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 1.064 100.560 1.369
201409 2.579 100.428 3.324
201412 0.570 99.070 0.745
201503 1.890 99.621 2.455
201506 3.856 100.684 4.957
201509 2.032 100.392 2.620
201512 0.114 99.792 0.148
201603 0.688 100.470 0.886
201606 4.309 101.688 5.484
201609 1.220 101.861 1.550
201612 1.389 101.863 1.765
201703 1.572 102.862 1.978
201706 3.372 103.349 4.223
201709 1.578 104.136 1.961
201712 2.726 104.011 3.392
201803 -0.569 105.290 -0.699
201806 3.770 106.317 4.589
201809 0.133 106.507 0.162
201812 2.045 105.998 2.497
201903 0.990 107.251 1.195
201906 2.412 108.070 2.889
201909 2.407 108.329 2.876
201912 2.752 108.420 3.285
202003 -1.186 108.902 -1.409
202006 0.727 108.767 0.865
202009 -0.595 109.815 -0.701
202012 -1.007 109.897 -1.186
202103 -0.961 111.754 -1.113
202106 4.061 114.631 4.585
202109 2.417 115.734 2.703
202112 4.781 117.630 5.260
202203 0.500 121.301 0.533
202206 13.436 125.017 13.909
202209 4.056 125.227 4.192
202212 9.656 125.222 9.980
202303 7.873 127.348 8.001
202306 3.749 128.729 3.769
202309 8.848 129.860 8.818
202312 2.934 129.419 2.934
202403 4.973 129.419 4.973

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.

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.


Valero Energy  (NYSE:VLO) Cyclically Adjusted Price-to-FCF Explanation

Compared with the regular Price-to-Free-Cash-Flow, which works poorly for cyclical businesses, the Cyclically Adjusted Price-to-FCF smoothed out the fluctuations of free cash flow during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted Price-to-FCF should give similar results to regular Price-to-Free-Cash-Flow.


Valero Energy Cyclically Adjusted Price-to-FCF Related Terms

Thank you for viewing the detailed overview of Valero Energy's Cyclically Adjusted Price-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


Valero Energy (Valero Energy) Business Description

Industry
Traded in Other Exchanges
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 United States, Canada, and the United Kingdom. Valero also owns 12 ethanol plants with capacity of 1.6 billion gallons of ethanol a year and holds a 50% stake in Diamond Green Diesel, which has capacity to produce 1.2 billion gallons per year of renewable diesel.
Executives
Joseph W Gorder director, officer: COB & CEO P.O. BOX 696000, SAN ANTONIO TX 78269-6000
Rayford Jr Wilkins director 208 S. AKARD ST., --, DALLAS TX 75202
Marie A Ffolkes director 17450 COLLEGE PARKWAY, LIVONIA MI 48152
Kimberly S, Greene director 30 IVAN ALLEN JR. BLVD., NW, ATLANTA GA 30308
Philip J. Pfeiffer director P.O. BOX 696000, SAN ANTONIO TX 78269-6000
Deborah P Majoras director ONE PROCTER & GAMBLE PLAZA, CINCINNATI OH 45202
Robert Profusek director P.O. BOX 696000, SAN ANTONIO TX 78269-6000
Donald L Nickles director 6100 N WESTERN AVENUE, P O BOX 18496, OKLAHOMA CITY OK 73118
Gary K. Simmons officer: EVP & CCO P.O. BOX 696000, SAN ANTONIO TX 78269-6000
R. Lane Riggs officer: EVP and COO P.O. BOX 696000, SAN ANTONIO TX 78269-6000
Fred M Diaz director 9614 AMALFI CT, BRENTWOOD TN 37027
Paulett Eberhart director C/O LPL FINANCIAL, 4707 EXECUTIVE DRIVE, SAN DIEGO CA 32121
Cheryl L. Thomas officer: SVP & CTO P.O. BOX 696000, SAN ANTONIO TX 78269-6000
Richard Joe Walsh officer: SVP and GC P.O. BOX 696000, SAN ANTONIO TX 78269-6000
Jason W. Fraser officer: EVP and CFO P.O. BOX 696000, SAN ANTONIO TX 78269-6000

Valero Energy (Valero Energy) Headlines