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Energy Transfer LP (Energy Transfer LP) Cyclically Adjusted Revenue per Share : $36.68 (As of Dec. 2023)


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What is Energy Transfer 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.

Energy Transfer LP's adjusted revenue per share for the three months ended in Dec. 2023 was $6.260. 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 $36.68 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Energy Transfer LP's average Cyclically Adjusted Revenue Growth Rate was -4.90% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 4.90% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 5.90% 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 Energy Transfer LP was 12.40% per year. The lowest was 4.90% per year. And the median was 7.80% per year.

As of today (2024-04-27), Energy Transfer LP's current stock price is $15.96. Energy Transfer LP's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $36.68. Energy Transfer LP's Cyclically Adjusted PS Ratio of today is 0.44.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Energy Transfer LP was 1.81. The lowest was 0.16. And the median was 0.43.


Energy Transfer LP Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Energy Transfer 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.

Energy Transfer LP Cyclically Adjusted Revenue per Share Chart

Energy Transfer 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 30.76 31.76 35.37 38.57 36.68

Energy Transfer 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 38.57 38.54 38.13 37.66 36.68

Competitive Comparison of Energy Transfer LP's Cyclically Adjusted Revenue per Share

For the Oil & Gas Midstream subindustry, Energy Transfer 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.


Energy Transfer LP's Cyclically Adjusted PS Ratio Distribution in the Oil & Gas Industry

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

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



Energy Transfer 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, Energy Transfer 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)
=6.26/129.4194*129.4194
=6.260

Current CPI (Dec. 2023) = 129.4194.

Energy Transfer LP Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 11.712 99.695 15.204
201406 12.986 100.560 16.713
201409 13.881 100.428 17.888
201412 12.510 99.070 16.342
201503 9.620 99.621 12.497
201506 10.759 100.684 13.830
201509 10.071 100.392 12.983
201512 3.351 99.792 4.346
201603 7.365 100.470 9.487
201606 6.970 101.688 8.871
201609 7.000 101.861 8.894
201612 9.600 101.863 12.197
201703 8.482 102.862 10.672
201706 8.260 103.349 10.344
201709 8.695 104.136 10.806
201712 9.863 104.011 12.272
201803 10.290 105.290 12.648
201806 12.190 106.317 14.839
201809 12.532 106.507 15.228
201812 5.182 105.998 6.327
201903 4.993 107.251 6.025
201906 5.274 108.070 6.316
201909 5.120 108.329 6.117
201912 5.174 108.420 6.176
202003 4.320 108.902 5.134
202006 2.722 108.767 3.239
202009 3.692 109.815 4.351
202012 3.717 109.897 4.377
202103 6.274 111.754 7.266
202106 5.556 114.631 6.273
202109 6.125 115.734 6.849
202112 6.603 117.630 7.265
202203 6.609 121.301 7.051
202206 8.354 125.017 8.648
202209 7.379 125.227 7.626
202212 6.634 125.222 6.856
202303 6.097 127.348 6.196
202306 5.819 128.729 5.850
202309 6.547 129.860 6.525
202312 6.260 129.419 6.260

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


Energy Transfer LP  (NYSE:ET) 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.

Energy Transfer LP's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=15.96/36.68
=0.44

* 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 Energy Transfer LP was 1.81. The lowest was 0.16. And the median was 0.43.


Be Aware

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


Energy Transfer LP Cyclically Adjusted Revenue per Share Related Terms

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


Energy Transfer LP (Energy Transfer LP) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Energy Transfer LP (NYSE:ET) » Definitions » Cyclically Adjusted Revenue per Share
Traded in Other Exchanges
Address
8111 Westchester Drive, Suite 600, Dallas, TX, USA, 75225
Energy Transfer owns a large platform of crude oil, natural gas, and natural gas liquid assets primarily in Texas and the U.S. midcontinent region. It also has gathering and processing facilities, one of the largest fractionation facilities in the U.S., and fuel distribution. Energy Transfer also owns the Lake Charles gas liquefaction facility. It combined its publicly traded limited and general partnerships in October 2018.
Executives
Mccrea Marshall S Iii director, officer: See Remarks
Thomas P Mason officer: EVP and General Counsel 3738 OAK LAWN AVE, DALLAS TX 75219
Bradford D. Whitehurst officer: CFO 100 CONGRESS AVENUE, SUITE 450, AUSTIN TX 78701
Kelcy L Warren director, 10 percent owner
Richard D Brannon director C/O CH4 ENERGY SIX, LLC, 5128 APACHE PLUME ROAD, SUITE 300, FORT WORTH TX 76109
James M. Wright officer: EVP, GC & CCO 1300 MAIN STREET, HOUSTON TX 77002
Dylan Bramhall officer: EVP & Group CFO 8111 WESTCHESTER DRIVE, SUITE 600, DALLAS TX 75225
Michael K Grimm director 3141 HOOD STREET, SUITE 350, DALLAS TX 75219
Thomas E Long officer: Chief Financial Officer 370 17TH STREET, SUITE 2775, DENVER CO 80202
Matthew S. Ramsey director 6002 DEERWOOD, HOUSTON TX 77057
Ray C Davis director 5950 SHERRY LANE, SUITE 550, DALLAS TX 75225
Ray W Washburne director 47 HIGHLAND PARK VILLAGE, SUITE 200, DALLAS TX 75205
James Richard Perry director 1108 LAVACA, SUITE 110 #143, AUSTIN TX 78701
Troy Sturrock officer: SVP & Controller 1039 NORTH OAK CLIFF BOULEVARD, DALLAS TX 75208
Steven R. Anderson director 1818 MARKET STREET, SUITE 1500, PHILADELPHIA PA 19103