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Genesis Energy LP (Genesis Energy LP) Cyclically Adjusted PS Ratio : 0.47 (As of Apr. 27, 2024)


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What is Genesis Energy LP Cyclically Adjusted PS Ratio?

As of today (2024-04-27), Genesis Energy LP's current share price is $12.36. Genesis Energy LP's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $26.40. Genesis Energy LP's Cyclically Adjusted PS Ratio for today is 0.47.

The historical rank and industry rank for Genesis Energy LP's Cyclically Adjusted PS Ratio or its related term are showing as below:

GEL' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.09   Med: 0.58   Max: 0.86
Current: 0.47

During the past years, Genesis Energy LP's highest Cyclically Adjusted PS Ratio was 0.86. The lowest was 0.09. And the median was 0.58.

GEL's Cyclically Adjusted PS Ratio is ranked better than
64.28% of 753 companies
in the Oil & Gas industry
Industry Median: 0.9 vs GEL: 0.47

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.

Genesis Energy LP's adjusted revenue per share data for the three months ended in Dec. 2023 was $6.321. 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 $26.40 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Genesis Energy LP Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Genesis Energy 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.

Genesis Energy LP Cyclically Adjusted PS Ratio Chart

Genesis Energy 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 0.58 0.20 0.35 0.35 0.44

Genesis Energy 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 0.35 0.39 0.34 0.38 0.44

Competitive Comparison of Genesis Energy LP's Cyclically Adjusted PS Ratio

For the Oil & Gas Midstream subindustry, Genesis Energy 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.


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

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

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



Genesis Energy 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.

Genesis Energy LP's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=12.36/26.4
=0.47

* 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.

Genesis Energy LP's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Genesis Energy 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)
=6.321/129.4194*129.4194
=6.321

Current CPI (Dec. 2023) = 129.4194.

Genesis Energy LP Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 11.497 99.695 14.925
201406 11.445 100.560 14.730
201409 10.840 100.428 13.969
201412 9.022 99.070 11.786
201503 5.544 99.621 7.202
201506 6.618 100.684 8.507
201509 5.318 100.392 6.856
201512 4.461 99.792 5.785
201603 3.441 100.470 4.432
201606 4.055 101.688 5.161
201609 3.976 101.861 5.052
201612 3.627 101.863 4.608
201703 3.510 102.862 4.416
201706 3.318 103.349 4.155
201709 3.966 104.136 4.929
201712 5.874 104.011 7.309
201803 5.921 105.290 7.278
201806 6.138 106.317 7.472
201809 6.080 106.507 7.388
201812 5.623 105.998 6.865
201903 5.058 107.251 6.103
201906 5.179 108.070 6.202
201909 5.072 108.329 6.059
201912 4.930 108.420 5.885
202003 4.405 108.902 5.235
202006 3.169 108.767 3.771
202009 3.615 109.815 4.260
202012 3.697 109.897 4.354
202103 4.252 111.754 4.924
202106 4.110 114.631 4.640
202109 4.233 115.734 4.734
202112 4.745 117.630 5.221
202203 5.155 121.301 5.500
202206 5.888 125.017 6.095
202209 5.884 125.227 6.081
202212 5.825 125.222 6.020
202303 6.450 127.348 6.555
202306 6.564 128.729 6.599
202309 6.592 129.860 6.570
202312 6.321 129.419 6.321

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.


Genesis Energy LP  (NYSE:GEL) 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.


Genesis Energy LP Cyclically Adjusted PS Ratio Related Terms

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


Genesis Energy LP (Genesis Energy LP) Business Description

Industry
Traded in Other Exchanges
N/A
Address
811 Louisiana, Suite 1200, Houston, TX, USA, 77002
Genesis Energy LP is an us-based limited partnership that focuses on the midstream segment of the crude oil and natural gas industry. It engages in providing services to crude oil and natural gas producers, and industrial and commercial enterprises. The company's reportable segments are offshore pipeline transportation, sodium minerals and sulfur services, onshore facilities and transportation, and marine transportation. It generates maximum revenue from the offshore pipeline transportation segment. The Sodium minerals and sulfur services segment includes trona and trona-based exploring, mining, processing, producing, marketing, and selling activities, as well as processing high sulfur gas streams for refineries to remove the sulfur, and selling the related by-product.
Executives
Jeffrey J Rasmussen officer: VP & GM - Refinery Services 811 LOUISIANA STREET, SUITE 1200, HOUSTON TX 77002
Edward T Flynn officer: President, Genesis Alkali, LLC 1735 MARKET STREET, PHILADELPHIA PA 19103
Ryan S Sims officer: Vice President 919 MILAM SUITE 2100, HOUSTON TX 77002
William W Rainsberger officer: SVP - Offshore 919 MILAM SUITE 2100, HOUSTON TX 77002
Scott A Sims officer: VP - Offshore 811 LOUISIANA STREET, SUITE 1200, HOUSTON TX 77002
Louis V Nicol officer: SVP & Chief Accounting Officer 811 LOUISIANA STREET, SUITE 1200, HOUSTON TX 77002
James E Davison director 2000 FARMERVILLE HIGHWAY, RUSTON LA 71270
Grant E Sims director, officer: Chief Executive Officer 919 MILAM SUITE 2100, HOUSTON TX 77002
Garland G Gaspard officer: Vice President 919 MILAM SUITE 2100, HOUSTON TX 77002
William Stanton Goloway officer: Vice President 919 MILAM SUITE 2100, HOUSTON TX 77002
Albert Conrad P director 919 MILAM SUITE 2100, HOUSTON TX 77002
Kristen O Jesulaitis officer: General Counsel & Secretary 919 MILAM SUITE 2100, HOUSTON TX 77002
Davison James E. Jr. director 500 SOUTH SERVICE ROAD EAST, RUSTON LA 71270
Richard R Alexander officer: Vice President 919 MILAM SUITE 2100, HOUSTON TX 77002
Sharilyn S Gasaway director ONE ALLIED DRIVE, LITTLE ROCK AR 72202