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Pembina Pipeline (Pembina Pipeline) Cyclically Adjusted Revenue per Share : $12.26 (As of Mar. 2024)


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What is Pembina Pipeline 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.

Pembina Pipeline's adjusted revenue per share for the three months ended in Mar. 2024 was $2.271. 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 $12.26 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Pembina Pipeline's average Cyclically Adjusted Revenue Growth Rate was -1.10% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 5.70% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 5.70% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 8.40% 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.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Revenue Growth Rate of Pembina Pipeline was 24.00% per year. The lowest was 5.60% per year. And the median was 10.80% per year.

As of today (2024-06-08), Pembina Pipeline's current stock price is $37.04. Pembina Pipeline's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $12.26. Pembina Pipeline's Cyclically Adjusted PS Ratio of today is 3.02.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Pembina Pipeline was 6.38. The lowest was 1.67. And the median was 3.48.


Pembina Pipeline Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Pembina Pipeline'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.

Pembina Pipeline Cyclically Adjusted Revenue per Share Chart

Pembina Pipeline 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 10.68 11.17 12.08 12.37 12.65

Pembina Pipeline Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 12.40 12.72 12.42 12.65 12.26

Competitive Comparison of Pembina Pipeline's Cyclically Adjusted Revenue per Share

For the Oil & Gas Midstream subindustry, Pembina Pipeline'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.


Pembina Pipeline's Cyclically Adjusted PS Ratio Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Pembina Pipeline's Cyclically Adjusted PS Ratio falls into.



Pembina Pipeline 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, Pembina Pipeline'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)
=2.271/126.2576*126.2576
=2.271

Current CPI (Mar. 2024) = 126.2576.

Pembina Pipeline Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 4.563 99.473 5.792
201409 3.989 99.394 5.067
201412 3.240 98.367 4.159
201503 2.690 99.789 3.404
201506 2.860 100.500 3.593
201509 2.242 100.421 2.819
201512 2.495 99.947 3.152
201603 2.045 101.054 2.555
201606 2.042 102.002 2.528
201609 1.883 101.765 2.336
201612 2.356 101.449 2.932
201703 2.764 102.634 3.400
201706 2.163 103.029 2.651
201709 2.107 103.345 2.574
201712 2.574 103.345 3.145
201803 2.796 105.004 3.362
201806 2.614 105.557 3.127
201809 3.082 105.636 3.684
201812 2.509 105.399 3.006
201903 2.880 106.979 3.399
201906 2.652 107.690 3.109
201909 2.503 107.611 2.937
201912 1.313 107.769 1.538
202003 2.180 107.927 2.550
202006 1.701 108.401 1.981
202009 2.056 108.164 2.400
202012 2.385 108.559 2.774
202103 2.916 110.298 3.338
202106 2.825 111.720 3.193
202109 3.078 112.905 3.442
202112 3.630 113.774 4.028
202203 4.469 117.646 4.796
202206 4.340 120.806 4.536
202209 3.747 120.648 3.921
202212 3.593 120.964 3.750
202303 2.255 122.702 2.320
202306 2.828 124.203 2.875
202309 3.080 125.230 3.105
202312 3.336 125.072 3.368
202403 2.271 126.258 2.271

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


Pembina Pipeline  (NYSE:PBA) 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.

Pembina Pipeline's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=37.04/12.26
=3.02

* 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 Pembina Pipeline was 6.38. The lowest was 1.67. And the median was 3.48.


Be Aware

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


Pembina Pipeline Cyclically Adjusted Revenue per Share Related Terms

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


Pembina Pipeline (Pembina Pipeline) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Pembina Pipeline Corp (NYSE:PBA) » Definitions » Cyclically Adjusted Revenue per Share
Address
585 - 8th Avenue S.W., Suite 4000, Calgary, AB, CAN, T2P 1G1
Pembina Pipeline is a midstream company serving the Canadian and North American (primarily Bakken) markets with an integrated product portfolio. Its assets include pipelines and gas gathering as well as assets across fractionation, storage, and propane exports.