Shares of VLO traded higher by 9.39% or $2.05/share to $23.89. Valero Energy Corp. is trading at a price to book ratio of 0.78. This indicates that the value of the company's underlying assets exceeds today's market price. The PEG is 0.29 suggesting that the shares are trading at an excellent value relative to firm's growth rate. The price to sales ratio came in at 0.13. Hence, the firm is extremely cheap relative to its top line sales figures. On average, 12114100 shares of VLO exchange hands on a given day and today's volume is recorded at 4850067. These financial metrics combined make this company seem undervalued. Lookout for any takeover chatter or takeover news regarding this stock as one of the bigger players may have an eye on this one.
Valero Energy Corporation (Valero), incorporated in 1981, is a North America?s independent petroleum refiner and marketer.