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MarkWest Energy Partners LP (FRA:MWT) Shiller PE Ratio : (As of May. 05, 2024)


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What is MarkWest Energy Partners LP Shiller PE Ratio?

Note: If the price history is too short, we do not calculate current Shiller PE for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


MarkWest Energy Partners LP Shiller PE Ratio Historical Data

The historical data trend for MarkWest Energy Partners LP's Shiller PE 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.

MarkWest Energy Partners LP Shiller PE Ratio Chart

MarkWest Energy Partners LP Annual Data
Trend Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 52.96 104.53 141.94 145.91

MarkWest Energy Partners LP Quarterly Data
Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15
Shiller PE 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 161.85 145.91 153.52 149.39 109.52

Competitive Comparison of MarkWest Energy Partners LP's Shiller PE Ratio

For the Oil & Gas Midstream subindustry, MarkWest Energy Partners LP's Shiller PE Ratio, along with its competitors' market caps and Shiller PE 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.


MarkWest Energy Partners LP's Shiller PE Ratio Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, MarkWest Energy Partners LP's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where MarkWest Energy Partners LP's Shiller PE Ratio falls into.



MarkWest Energy Partners LP Shiller PE Ratio Calculation

For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller PE Ratio is also called PE10.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

MarkWest Energy Partners LP's E10 for the quarter that ended in Sep. 2015 is calculated as:

For example, MarkWest Energy Partners LP's adjusted earnings per share data for the three months ended in Sep. 2015 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Sep. 2015 (Change)*Current CPI (Sep. 2015)
=0.134/100.3915*100.3915
=0.134

Current CPI (Sep. 2015) = 100.3915.

MarkWest Energy Partners LP Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
200512 -0.115 83.032 -0.139
200603 0.416 84.298 0.495
200606 0.407 85.606 0.477
200609 0.645 85.606 0.756
200612 -1.131 85.142 -1.334
200703 0.030 86.640 0.035
200706 0.127 87.906 0.145
200709 -0.237 87.964 -0.270
200712 -0.769 88.616 -0.871
200803 0.348 90.090 0.388
200806 -2.058 92.320 -2.238
200809 2.258 92.307 2.456
200812 2.352 88.697 2.662
200903 -0.406 89.744 -0.454
200906 -0.843 91.003 -0.930
200909 0.089 91.120 0.098
200912 -0.308 91.111 -0.339
201003 0.236 91.821 0.258
201006 0.687 91.962 0.750
201009 -0.298 92.162 -0.325
201012 -0.572 92.474 -0.621
201103 -0.806 94.283 -0.858
201106 0.715 95.235 0.754
201109 1.287 95.727 1.350
201112 -0.658 95.213 -0.694
201203 0.106 96.783 0.110
201206 1.172 96.819 1.215
201209 -0.101 97.633 -0.104
201212 0.170 96.871 0.176
201303 -0.093 98.209 -0.095
201306 0.417 98.518 0.425
201309 -0.127 98.790 -0.129
201312 -0.031 98.326 -0.032
201403 0.051 99.695 0.051
201406 0.037 100.560 0.037
201409 0.318 100.428 0.318
201412 0.144 99.070 0.146
201503 -0.046 99.621 -0.046
201506 -0.490 100.684 -0.489
201509 0.134 100.392 0.134

Add all the adjusted EPS together and divide 10 will get our E10.

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.


MarkWest Energy Partners LP  (FRA:MWT) Shiller PE Ratio Explanation

Compared with the regular PE Ratio, which works poorly for cyclical businesses, the Shiller PE Ratio smoothed out the fluctuations of profit margins during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Shiller PE Ratio should give similar results to regular PE Ratio.

Compared with the PS Ratio, the Shiller PE Ratio makes the comparison between different industries more meaningful.


Be Aware

Shiller PE Ratio assumes that over the long term, businesses and profitability revert to their means. If a company's business model does not work in the future compared with the past, Shiller PE Ratio and PS Ratio will give false valuations.


MarkWest Energy Partners LP Shiller PE Ratio Related Terms

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MarkWest Energy Partners LP (FRA:MWT) Business Description

Traded in Other Exchanges
N/A
Address
MarkWest Energy Partners LP a Delaware corporation was formed in Delaware on January 24, 2002. The Company is engaged in the gathering, processing and transportation of natural gas; the gathering, transportation, fractionation, storage and marketing of NGLs; and the gathering and transportation of crude oil. The Company has presence in many unconventional gas plays including the Marcellus Shale, Utica Shale, Huron/Berea Shale, Haynesville Shale, Woodford Shale and Granite Wash formation. The Company conducts operations in the following operating segments: Marcellus, Utica, Northeast and Southwest. Its primary business is to provide top-tier midstream services by developing and operating high-quality, strategically located assets in the liquids-rich areas of six core natural gas producing resource plays in the United States. The Company provides services in the midstream sector of the natural gas industry. The midstream natural gas industry is the link between the exploration for and production of natural gas and the delivery of its hydrocarbon components to end-use markets. In the Marcellus segment, it provides fully integrated natural gas midstream services in southwestern Pennsylvania and northern West Virginia through its wholly owned subsidiary, MarkWest Liberty Midstream. The Company operates five processing complexes in its Marcellus segment that include the Houston Complex located in Washington County, Pennsylvania: the Majorsville Complex located in Marshall County, West Virginia; the Mobley Complex located in Wetzel County, West Virginia; the Sherwood Complex located in Doddridge County, West Virginia; and the Keystone Complex located in Butler County, Pennsylvania. In addition, it operates two gathering systems: one currently delivering over 475 MMcf/d of natural gas to its Houston and Majorsville Complexes and the other delivering over 74 MMcf/d of natural gas to its Keystone complex. MarkWest Utica EMG provides gathering, processing, fractionation and marketing services in the liquids-rich corridor of the Utica Shale in eastern Ohio. In each of its operating segments, the company faces competition for natural gas gathering, crude oil transportation and in obtaining natural gas supplies for its processing and related services; in obtaining unprocessed NGLs for gathering and fractionation; and in marketing its products and services. The Company's processing and fractionation plants, pipelines and associated facilities are subject to multiple obligations and potential liabilities under a variety of stringent and comprehensive federal, regional, state and local laws and regulations governing discharges of materials into the environment or otherwise relating to environmental protection.

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