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Par Pacific Holdings (FRA:61P) Cyclically Adjusted PS Ratio : 0.26 (As of Jun. 10, 2024)


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What is Par Pacific Holdings Cyclically Adjusted PS Ratio?

As of today (2024-06-10), Par Pacific Holdings's current share price is €22.80. Par Pacific Holdings's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €88.48. Par Pacific Holdings's Cyclically Adjusted PS Ratio for today is 0.26.

The historical rank and industry rank for Par Pacific Holdings's Cyclically Adjusted PS Ratio or its related term are showing as below:

FRA:61P' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.09   Med: 0.2   Max: 0.47
Current: 0.26

During the past years, Par Pacific Holdings's highest Cyclically Adjusted PS Ratio was 0.47. The lowest was 0.09. And the median was 0.20.

FRA:61P's Cyclically Adjusted PS Ratio is ranked better than
75.76% of 759 companies
in the Oil & Gas industry
Industry Median: 0.88 vs FRA:61P: 0.26

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 PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

Par Pacific Holdings's adjusted revenue per share data for the three months ended in Mar. 2024 was €30.892. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is €88.48 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Par Pacific Holdings Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Par Pacific Holdings's Cyclically Adjusted PS Ratio 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.

Par Pacific Holdings Cyclically Adjusted PS Ratio Chart

Par Pacific Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.42 0.24 0.24 0.28 0.38

Par Pacific Holdings Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted PS Ratio 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 0.34 0.29 0.38 0.38 0.38

Competitive Comparison of Par Pacific Holdings's Cyclically Adjusted PS Ratio

For the Oil & Gas Refining & Marketing subindustry, Par Pacific Holdings's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS Ratio 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.


Par Pacific Holdings's Cyclically Adjusted PS Ratio Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Par Pacific Holdings's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Par Pacific Holdings's Cyclically Adjusted PS Ratio falls into.



Par Pacific Holdings Cyclically Adjusted PS Ratio Calculation

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

Par Pacific Holdings's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=22.80/88.48
=0.26

* 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.

Par Pacific Holdings's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Par Pacific Holdings's adjusted Revenue per Share data for the three months ended in Mar. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=30.892/131.7762*131.7762
=30.892

Current CPI (Mar. 2024) = 131.7762.

Par Pacific Holdings Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 19.243 100.560 25.217
201409 19.827 100.428 26.016
201412 15.880 99.070 21.123
201503 13.317 99.621 17.615
201506 13.797 100.684 18.058
201509 11.805 100.392 15.496
201512 10.492 99.792 13.855
201603 8.280 100.470 10.860
201606 8.979 101.688 11.636
201609 10.935 101.861 14.146
201612 11.741 101.863 15.189
201703 10.911 102.862 13.978
201706 11.021 103.349 14.052
201709 9.852 104.136 12.467
201712 12.246 104.011 15.515
201803 13.590 105.290 17.009
201806 16.033 106.317 19.872
201809 17.058 106.507 21.105
201812 16.844 105.998 20.940
201903 18.980 107.251 23.320
201906 24.910 108.070 30.374
201909 24.983 108.329 30.390
201912 24.372 108.420 29.622
202003 20.501 108.902 24.807
202006 8.591 108.767 10.408
202009 10.975 109.815 13.170
202012 11.017 109.897 13.210
202103 13.753 111.754 16.217
202106 17.022 114.631 19.568
202109 18.638 115.734 21.221
202112 19.101 117.630 21.398
202203 20.636 121.301 22.418
202206 33.409 125.017 35.215
202209 34.712 125.227 36.528
202212 28.270 125.222 29.750
202303 25.783 127.348 26.680
202306 26.996 128.729 27.635
202309 39.359 129.860 39.940
202312 33.028 129.419 33.629
202403 30.892 131.776 30.892

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue 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.


Par Pacific Holdings  (FRA:61P) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue 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 PS Ratio should give similar results to regular PS Ratio.


Par Pacific Holdings Cyclically Adjusted PS Ratio Related Terms

Thank you for viewing the detailed overview of Par Pacific Holdings's Cyclically Adjusted PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Par Pacific Holdings (FRA:61P) Business Description

Industry
Traded in Other Exchanges
Address
825 Town & Country Lane, Suite 1500, Houston, TX, USA, 77024
Par Pacific Holdings Inc is an oil and gas company that manages and maintains interests in energy and infrastructure businesses. The company has three reportable segments namely Refining, Under its refining business, the company produces ultra-low-sulfur diesel, gasoline, jet fuel, marine fuel, LSFO, and other associated refined products. Its Retail includes operation licenses out brands to serve the retail consumer. Through the Logistics segment, crude shipments are delivered to the refinery, in addition to finished products that are exported. It generates maximum revenue from the Refining segment.

Par Pacific Holdings (FRA:61P) Headlines

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