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Par Pacific Holdings (Par Pacific Holdings) Cyclically Adjusted PS Ratio : 0.28 (As of May. 27, 2024)


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What is Par Pacific Holdings Cyclically Adjusted PS Ratio?

As of today (2024-05-27), Par Pacific Holdings's current share price is $27.28. Par Pacific Holdings's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $97.01. Par Pacific Holdings's Cyclically Adjusted PS Ratio for today is 0.28.

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

PARR' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.09   Med: 0.2   Max: 0.47
Current: 0.28

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.

PARR's Cyclically Adjusted PS Ratio is ranked better than
73.84% of 757 companies
in the Oil & Gas industry
Industry Median: 0.89 vs PARR: 0.28

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 $33.578. 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 $97.01 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
=27.28/97.01
=0.28

* 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)
=33.578/131.7762*131.7762
=33.578

Current CPI (Mar. 2024) = 131.7762.

Par Pacific Holdings Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 26.145 100.560 34.261
201409 25.550 100.428 33.525
201412 19.581 99.070 26.045
201503 14.413 99.621 19.065
201506 15.484 100.684 20.266
201509 13.249 100.392 17.391
201512 11.429 99.792 15.092
201603 9.221 100.470 12.094
201606 10.089 101.688 13.074
201609 12.273 101.861 15.877
201612 12.385 101.863 16.022
201703 11.670 102.862 14.950
201706 12.384 103.349 15.790
201709 11.742 104.136 14.859
201712 14.493 104.011 18.362
201803 16.758 105.290 20.974
201806 18.730 106.317 23.215
201809 19.904 106.507 24.626
201812 19.163 105.998 23.823
201903 21.446 107.251 26.350
201906 28.147 108.070 34.321
201909 27.514 108.329 33.469
201912 27.080 108.420 32.914
202003 22.653 108.902 27.411
202006 9.674 108.767 11.720
202009 12.927 109.815 15.512
202012 13.403 109.897 16.071
202103 16.372 111.754 19.305
202106 20.508 114.631 23.575
202109 21.927 115.734 24.966
202112 21.583 117.630 24.179
202203 22.727 121.301 24.690
202206 35.316 125.017 37.225
202209 34.368 125.227 36.166
202212 29.947 125.222 31.514
202303 27.605 127.348 28.565
202306 29.248 128.729 29.940
202309 42.006 129.860 42.626
202312 36.017 129.419 36.673
202403 33.578 131.776 33.578

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  (NYSE:PARR) 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 (Par Pacific Holdings) Business Description

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.
Executives
William Pate director
Shawn David Flores officer: See Remarks 825 TOWN & COUNTRY LN., SUITE 1500, HOUSTON TX 77024
William Monteleone director, officer: Senior VP of M&A TWO NORTH RIVERSIDE PLAZA, SUITE 600, CHICAGO IL 60606
Jeffrey Ryan Hollis officer: General Counsel and Secretary 825 TOWN & COUNTRY LANE, SUITE 825, HOUSTON TX 77024
Patricia Martinez director 825 TOWN & COUNTRY LANE, SUITE 1500, HOUSTON TX 77024
Aaron Zell director 825 TOWN & COUNTRY LANE, SUITE 1500, HOUSTON TX 77024
Danielle Mattiussi officer: See Remarks 825 TOWN & COUNTRY LANE, SUITE 1500, HOUSTON TX 77024
Jim Yates officer: Senior Vice President ONE MEMORIAL PLAZA, 800 GESSNER ROAD SUITE 875, HOUSTON TX 77024
L Melvin Cooper director 2930 W. SAM HOUSTON PARKWAY N, SUITE 300, HOUSTON TX 77043
Chai Trust Co Llc 10 percent owner TWO NORTH RIVERSIDE PLAZA, SUITE 600, CHICAGO IL 60606
Zell Credit Opportunities Master Fund, L.p. 10 percent owner 2 NORTH RIVERSIDE PLAZA, SUITE 600, CHICAGO IL 60606
Ivan Daniel Guerra officer: Corporate Controller 800 GESSNER RD., SUITE 875, HOUSTON TX 77024
Richard Creamer officer: See Remarks 825 TOWN & COUNTRY LANE, SUITE 1500, HOUSTON TX 77024
Melvyn N Klein director 615 UPPER BROADWAY, STE 1940, CORPUS CHRISTI TX 78477
Phillip S Davidson director 825 TOWN & COUNTRY LANE, SUITE 1500, HOUSTON TX 77024