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Global Partners LP (Global Partners LP) Cyclically Adjusted PS Ratio : 0.10 (As of May. 24, 2024)


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What is Global Partners LP Cyclically Adjusted PS Ratio?

As of today (2024-05-24), Global Partners LP's current share price is $44.9801. Global Partners LP's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $452.81. Global Partners LP's Cyclically Adjusted PS Ratio for today is 0.10.

The historical rank and industry rank for Global Partners LP's Cyclically Adjusted PS Ratio or its related term are showing as below:

GLP' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.02   Med: 0.04   Max: 0.11
Current: 0.1

During the past years, Global Partners LP's highest Cyclically Adjusted PS Ratio was 0.11. The lowest was 0.02. And the median was 0.04.

GLP's Cyclically Adjusted PS Ratio is ranked better than
89.42% of 756 companies
in the Oil & Gas industry
Industry Median: 0.885 vs GLP: 0.10

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.

Global Partners LP's adjusted revenue per share data for the three months ended in Mar. 2024 was $122.056. 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 $452.81 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Global Partners LP Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Global Partners LP'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.

Global Partners LP Cyclically Adjusted PS Ratio Chart

Global Partners LP 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 0.04 0.03 0.05 0.07 0.09

Global Partners LP 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 0.06 0.06 0.08 0.09 0.10

Competitive Comparison of Global Partners LP's Cyclically Adjusted PS Ratio

For the Oil & Gas Midstream subindustry, Global Partners LP'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.


Global Partners LP's Cyclically Adjusted PS Ratio Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Global Partners LP's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Global Partners LP's Cyclically Adjusted PS Ratio falls into.



Global Partners LP 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.

Global Partners LP's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=44.9801/452.81
=0.10

* 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.

Global Partners LP's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Global Partners LP'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)
=122.056/131.7762*131.7762
=122.056

Current CPI (Mar. 2024) = 131.7762.

Global Partners LP Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 167.729 100.560 219.797
201409 148.330 100.428 194.631
201412 125.853 99.070 167.402
201503 97.002 99.621 128.312
201506 85.862 100.684 112.377
201509 73.878 100.392 96.974
201512 64.634 99.792 85.349
201603 52.237 100.470 68.514
201606 64.031 101.688 82.977
201609 60.547 101.861 78.329
201612 68.958 101.863 89.209
201703 67.563 102.862 86.555
201706 62.092 103.349 79.171
201709 63.625 104.136 80.513
201712 71.346 104.011 90.391
201803 82.921 105.290 103.781
201806 92.330 106.317 114.440
201809 101.684 106.507 125.809
201812 95.723 105.998 119.002
201903 87.047 107.251 106.953
201906 102.302 108.070 124.744
201909 94.719 108.329 115.220
201912 96.815 108.420 117.671
202003 75.714 108.902 91.618
202006 42.965 108.767 52.054
202009 60.258 109.815 72.309
202012 63.622 109.897 76.289
202103 74.450 111.754 87.788
202106 95.630 114.631 109.933
202109 97.513 115.734 111.029
202112 118.823 117.630 133.113
202203 132.039 121.301 143.442
202206 156.275 125.017 164.724
202209 136.049 125.227 143.165
202212 130.197 125.222 137.012
202303 118.536 127.348 122.658
202306 112.677 128.729 115.344
202309 123.919 129.860 125.748
202312 129.383 129.419 131.739
202403 122.056 131.776 122.056

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.


Global Partners LP  (NYSE:GLP) 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.


Global Partners LP Cyclically Adjusted PS Ratio Related Terms

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


Global Partners LP (Global Partners LP) Business Description

Industry
Traded in Other Exchanges
Address
800 South Street, P.O. Box 9161, Suite 500, Waltham, MA, USA, 02454-9161
Global Partners LP is an us-based limited partnership that acts as a midstream logistics and marketing company. It is mainly engaged in purchasing, selling, storing and logistics of transporting petroleum and related products. The company owns and operates and control terminal networks of refined petroleum products and renewable fuels in Massachusetts, Maine, Connecticut, Vermont, and other places. It distributes gasoline and gasoline blendstocks, distillates, residual oil, renewable fuels, crude oil, natural gas and propane to wholesalers, retailers and commercial customers. The company operates through three segments i.e. Wholesale, Gasoline Distribution and Station Operations and Commercial. It generates maximum revenue from the Wholesale segment.
Executives
Global Gp Llc other: General Partner 800 SOUTH STREET, SUITE 500, WALTHAM MA 02453
Clare Mcgrory Kelly director 800 SOUTH STREET, SUITE 500, WALTHAM MA 02453
Jaime Pereira director C/O GLOBAL PARTNERS LP, 800 SOUTH STREET, SUITE 500, WALTHAM MA 02453
John T Hailer director 800 SOUTH STREET, SUITE 500, WALTHAM MA 02453
Robert J Mccool director 1629 CHINABERRY WAY, NAPLES FL 34105
Robert W Owens director
Mark Romaine officer: Chief Operating Officer 800 SOUTH STREET, SUITE 500, WALTHAM MA 02453
Gregory B. Hanson officer: Chief Financial Officer C/O GLOBAL PARTNERS LP, 800 SOUTH STREET, SUITE 500, WALTHAM MA 02453
Matthew Spencer officer: Chief Accounting Officer C/O GLOBAL PARTNERS LP, 800 SOUTH STREET, SUITE 500, WALTHAM MA 02453
Jeremy Langhorn officer: Chief Human Resources Officer C/O GLOBAL PARTNERS LP, 800 SOUTH STREET, SUITE 500, WALTHAM MA 02453
Eric Slifka director, officer: Vice Chairman, President & CEO 800 SOUTH STREET, SUITE 500, WALTHAM MA 02453
Sean T. Geary officer: Chief Legal Officer & Sec. 800 SOUTH STREET, SUITE 500, WALTHAM MA 02453
Alfred A. Slifka 1990 Trust Under Article Ii-a 10 percent owner C/O NUTTER MCCLENNEN & FISH LLP, 155 SEAPORT BOULEVARD, BOSTON MA 02110
Richard Slifka director, 10 percent owner 800 SOUTH STREET, SUITE 500, WALTHAM MA 02453
David K Mckown director EATON VANCE MANAGEMENT, BOSTON MA 02110