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Calumet Specialty Products Partners LP (Calumet Specialty Products Partners LP) Cyclically Adjusted PS Ratio : 0.26 (As of Apr. 27, 2024)


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What is Calumet Specialty Products Partners LP Cyclically Adjusted PS Ratio?

As of today (2024-04-27), Calumet Specialty Products Partners LP's current share price is $15.52. Calumet Specialty Products Partners LP's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $59.35. Calumet Specialty Products Partners LP's Cyclically Adjusted PS Ratio for today is 0.26.

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

CLMT' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.01   Med: 0.1   Max: 0.32
Current: 0.26

During the past years, Calumet Specialty Products Partners LP's highest Cyclically Adjusted PS Ratio was 0.32. The lowest was 0.01. And the median was 0.10.

CLMT's Cyclically Adjusted PS Ratio is ranked better than
75.73% of 754 companies
in the Oil & Gas industry
Industry Median: 0.895 vs CLMT: 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.

Calumet Specialty Products Partners LP's adjusted revenue per share data for the three months ended in Dec. 2023 was $12.187. 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 $59.35 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Calumet Specialty Products Partners LP Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Calumet Specialty Products 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.

Calumet Specialty Products Partners LP Cyclically Adjusted PS Ratio Chart

Calumet Specialty Products 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 0.05 0.05 0.21 0.27 0.30

Calumet Specialty Products Partners 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 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 0.27 0.28 0.26 0.31 0.30

Competitive Comparison of Calumet Specialty Products Partners LP's Cyclically Adjusted PS Ratio

For the Oil & Gas E&P subindustry, Calumet Specialty Products 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.


Calumet Specialty Products Partners LP's Cyclically Adjusted PS Ratio Distribution in the Oil & Gas Industry

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

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



Calumet Specialty Products 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.

Calumet Specialty Products Partners LP's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=15.52/59.35
=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.

Calumet Specialty Products Partners LP's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Calumet Specialty Products Partners 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)
=12.187/129.4194*129.4194
=12.187

Current CPI (Dec. 2023) = 129.4194.

Calumet Specialty Products Partners LP Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 19.261 99.695 25.004
201406 20.615 100.560 26.531
201409 23.991 100.428 30.917
201412 19.197 99.070 25.078
201503 14.291 99.621 18.566
201506 15.195 100.684 19.532
201509 14.978 100.392 19.309
201512 8.089 99.792 10.491
201603 9.326 100.470 12.013
201606 12.674 101.688 16.130
201609 12.500 101.861 15.882
201612 10.553 101.863 13.408
201703 11.328 102.862 14.253
201706 12.443 103.349 15.582
201709 13.222 104.136 16.432
201712 11.362 104.011 14.138
201803 9.616 105.290 11.820
201806 12.164 106.317 14.807
201809 12.258 106.507 14.895
201812 10.755 105.998 13.131
201903 10.890 107.251 13.141
201906 11.467 108.070 13.732
201909 11.872 108.329 14.183
201912 9.892 108.420 11.808
202003 8.834 108.902 10.498
202006 5.766 108.767 6.861
202009 7.213 109.815 8.501
202012 7.132 109.897 8.399
202103 7.638 111.754 8.845
202106 10.224 114.631 11.543
202109 11.079 115.734 12.389
202112 10.901 117.630 11.994
202203 13.884 121.301 14.813
202206 17.929 125.017 18.560
202209 14.479 125.227 14.964
202212 12.569 125.222 12.990
202303 12.971 127.348 13.182
202306 12.698 128.729 12.766
202309 14.318 129.860 14.269
202312 12.187 129.419 12.187

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.


Calumet Specialty Products Partners LP  (NAS:CLMT) 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.


Calumet Specialty Products Partners LP Cyclically Adjusted PS Ratio Related Terms

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


Calumet Specialty Products Partners LP (Calumet Specialty Products Partners LP) Business Description

Traded in Other Exchanges
N/A
Address
2780 Waterfront Parkway East Drive, Suite 200, Indianapolis, IN, USA, 46214
Calumet Specialty Products Partners LP is an independent producer of specialty hydrocarbon products in North America. The company operates through three segments namely Specialty Products and Solutions segment manufacture and market solvents, waxes, customized lubricating oils, white oils, petrolatum's, gels, esters, and other products. In Performance Brands segment, the company blend, package and market high performance products through its Royal Purple, Bel-Ray, and TruFuel brands. The Montana/Renewables segment is comprised of two businesses - renewable diesel and specialty asphalt. The Corporate segment primarily consists of general and administrative expenses not allocated to the Specialty Products and Solutions, Performance Brands or Montana/Renewables segments.
Executives
Stephen P Mawer director 2780 WATERFRONT PKWY E. DRIVE, SUITE 200, INDIANAPOLIS IN 46214
John G. Boss director 260 HUDSON RIVER ROAD, WATERFORD NY 12188
Ryan Willman officer: Chief Accounting Officer 2780 WATERFRONT PKWY E. DR., STE. 200, INDIANAPOLIS IN 46214
Scott Obermeier officer: EVP - Commercial 2780 WATERFRONT PARKWAY, E. DRIVE, INDIANAPOLIS IN 46214
Daniel J Sajkowski director 5400 WEST 86TH STREET, INDIANAPOLIS IN 46268
James S Carter director 2780 WATERFRONT PKWY. E. DRIVE, SUITE 200, INDIANPOLIS IN 46214
Louis Todd Borgmann officer: SVP and Interim CFO 2780 WATERFRONT PARKWAY, E. DRIVE, SUITE 200, INDIANAPOLIS IN 46214
Karen A. Twitchell director 9 COURTLANDT PLACE, HOUSTON TX 77006
Marc Lawn officer: EVP - Performance Brands 2780 WATERFRONT PKWY E. DRIVE, SUITE 200, INDIANAPOLIS IN 46214
Paul C Raymond director HERCULES PLAZA, 1313 N MARKET STREET, WILMINGTON DE 19894
Vincent Donargo officer: Chief Accounting Officer ONE CELADON DRIVE, 9503 E. 33RD STREET, INDIANAPOLIS IN 46235
H. Keith Jennings officer: Chief Financial Officer 2000 ST. JAMES PLACE, HOUSTON TX 77056
A Anderson William officer: VP - Sales and Marketing 2780 WATERFRONT PARKWAY E. DRIVE,, SUITE 200, INDIANAPOLIS IN 46214
Daniel L Sheets director 29400 LAKELAND BOULEVARD, WICKLIFFE OH 44092
David West Griffin officer: EVP and CFO 2780 WATERFRONT PARKWAY E. DRIVE, SUITE 200, INDIANAPOLIS IN 46214