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Plains GP Holdings LP (Plains GP Holdings LP) Cyclically Adjusted Revenue per Share : $325.02 (As of Dec. 2023)


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What is Plains GP Holdings LP Cyclically Adjusted Revenue per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and 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.

Plains GP Holdings LP's adjusted revenue per share for the three months ended in Dec. 2023 was $65.118. Add all the adjusted revenue per share for the past 10 years together and divide the count will get our Cyclically Adjusted Revenue per Share, which is $325.02 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Plains GP Holdings LP's average Cyclically Adjusted Revenue Growth Rate was -8.80% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Revenue Growth Rate using Cyclically Adjusted Revenue per Share data.

As of today (2024-05-13), Plains GP Holdings LP's current stock price is $18.17. Plains GP Holdings LP's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $325.02. Plains GP Holdings LP's Cyclically Adjusted PS Ratio of today is 0.06.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Plains GP Holdings LP was 0.06. The lowest was 0.03. And the median was 0.04.


Plains GP Holdings LP Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Plains GP Holdings LP's Cyclically Adjusted Revenue per Share 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.

Plains GP Holdings LP Cyclically Adjusted Revenue per Share Chart

Plains GP Holdings LP Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 325.54 356.30 325.02

Plains GP Holdings LP Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Cyclically Adjusted Revenue per Share 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 356.30 363.06 367.41 347.53 325.02

Competitive Comparison of Plains GP Holdings LP's Cyclically Adjusted Revenue per Share

For the Oil & Gas Midstream subindustry, Plains GP Holdings 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.


Plains GP Holdings LP's Cyclically Adjusted PS Ratio Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Plains GP Holdings LP's Cyclically Adjusted PS Ratio falls into.



Plains GP Holdings LP Cyclically Adjusted Revenue per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and 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.

What is Cyclically Adjusted Revenue per Share? How do we calculate Cyclically Adjusted Revenue per Share?

Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Revenue per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the revenue per share from 2001 through 2010.

We adjusted the 2001 revenue per share data with the total inflation from 2001 through 2010 to the equivalent revenue in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's revenue is $1 a share in 2001, then the 2001's equivalent revenue in 2010 is $1.4 a share. If Wal-Mart's revenue is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 revenue in 2010 is $1.35. So on and so forth, you get the equivalent revenue per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Plains GP Holdings LP's adjusted Revenue per Share data for the three months ended in Dec. 2023 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=65.118/129.4194*129.4194
=65.118

Current CPI (Dec. 2023) = 129.4194.

Plains GP Holdings LP Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 230.476 99.695 299.195
201406 219.205 100.560 282.115
201409 217.873 100.428 280.769
201412 121.725 99.070 159.015
201503 74.639 99.621 96.965
201506 79.211 100.684 101.818
201509 65.699 100.392 84.696
201512 59.366 99.792 76.991
201603 16.780 100.470 21.615
201606 21.154 101.688 26.923
201609 51.188 101.861 65.037
201612 58.800 101.863 74.707
201703 55.558 102.862 69.902
201706 39.725 103.349 49.746
201709 38.136 104.136 47.395
201712 49.383 104.011 61.447
201803 53.490 105.290 65.749
201806 51.465 106.317 62.648
201809 55.646 106.507 67.617
201812 54.571 105.998 66.629
201903 52.673 107.251 63.561
201906 50.323 108.070 60.265
201909 46.940 108.329 56.078
201912 49.481 108.420 59.065
202003 45.186 108.902 53.699
202006 17.527 108.767 20.855
202009 31.360 109.815 36.958
202012 30.729 109.897 36.188
202103 43.211 111.754 50.041
202106 51.186 114.631 57.789
202109 55.546 115.734 62.114
202112 66.954 117.630 73.665
202203 70.588 121.301 75.312
202206 84.325 125.017 87.295
202209 73.897 125.227 76.371
202212 66.763 125.222 69.001
202303 63.613 127.348 64.648
202306 59.497 128.729 59.816
202309 61.587 129.860 61.378
202312 65.118 129.419 65.118

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


Plains GP Holdings LP  (NAS:PAGP) Cyclically Adjusted Revenue per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Revenue per Share may underestimate the company's revenue. Cyclically Adjusted PS Ratio can seem to be too high even the actual PS Ratio is low.

For the Cyclically Adjusted PS Ratio, the revenue per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/S calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PS Ratio is also called CAPS Ratio.

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.

Plains GP Holdings LP's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=18.17/325.02
=0.06

* 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.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Plains GP Holdings LP was 0.06. The lowest was 0.03. And the median was 0.04.


Be Aware

Cyclically Adjusted PS Ratio works better for cyclical companies. It gives you a better idea on the company's real revenue value.


Plains GP Holdings LP Cyclically Adjusted Revenue per Share Related Terms

Thank you for viewing the detailed overview of Plains GP Holdings LP's Cyclically Adjusted Revenue per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Plains GP Holdings LP (Plains GP Holdings LP) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Plains GP Holdings LP (NAS:PAGP) » Definitions » Cyclically Adjusted Revenue per Share
Traded in Other Exchanges
N/A
Address
333 Clay Street, Suite 1600, Houston, TX, USA, 77002
Plains All American provides transportation, storage, processing, fractionation, and marketing services for crude oil, refined products, natural gas liquids, liquefied petroleum gas, and related products. Plains' assets span the United States and Alberta, Canada, but are heavily concentrated in the Permian Basin.
Executives
Willie Cw Chiang director, officer: Chairman & CEO 370 17TH STREET, SUITE 2775, DENVER CO 80202
Jeremy L. Goebel officer: EVP & CCO 333 CLAY STREET, SUITE 1600, HOUSTON TX 77002
Ellen Desanctis director 12326 OLD OAKS, HOUSTON TX 77024
Kevin S Mccarthy director C/O KAYNE ANDERSON CAPITAL ADVISORS, LP, 1800 AVENUE OF THE STARS, SECOND FLOOR, LOS ANGELES CA 90067
Gary R Petersen director 210 HEDWIG, HOUSTON TX 77019
Victor Burk director C/O ENERVEST MANAGEMENT PARTNERS LTD, 1001 FANNIN STREET, SUITE 800, HOUSTON TX 77002
Lawrence Michael Ziemba director 600 NORTH DAIRY ASHFORD, HOUSTON TX 77079
John T Raymond director THE ENERGY & MINERALS GROUP, 811 MAIN STREET, SUITE 4200, HOUSTON TX 77002
Alexandra Pruner director 1201 LAKE ROBBINS DRIVE, THE WOODLANDS TX 77380
Bobby S Shackouls director 5051 WESTHEIMER, STE 1400, HOUSTON TX 77056-5604
Chris Temple director 3953 MAPLE AVENUE, SUITE 180, DALLAS TX 75219
Emg Investment, Llc director, See Remarks 1401 MCKINNEY STREET, SUITE 1025, HOUSTON TX 77010
Robert V Sinnott director 1800 AVENUE OF THE STARS, 3RD FLOOR, LOS ANGELES CA 90067
Greg L Armstrong director, 10 percent owner, officer: Chairman & CEO
Harry N Pefanis officer: President & COO 333 CLAY STREET, STE 1600, HOUSTON TX 77002

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