What is Westlake Chemical Partners LP Median PS Value?
This valuation method assumes that the stock valuation will revert to its historical (10-Year) mean in terms of PS Ratio. The reason we use PS Ratio instead of PE Ratio or PB Ratio is because PS Ratio is independent of profit margin, and can be applied to a broader range of situations.
The historical rank and industry rank for Westlake Chemical Partners LP's Median PS Value or its related term are showing as below:
WLKP'
s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 1.23 Med: 1.23 Max: 1.25
Current: 1.25
During the past 13 years, the highest Price to Median PS Value of Westlake Chemical Partners LP was 1.25. The lowest was 1.23. And the median was 1.23.
WLKP's Price-to-Median-PS-Value is ranked worse than 64.99% of 857
companies
in the Chemicals industry
Industry Median: 1.01
vs WLKP: 1.25
Westlake Chemical Partners LP Median PS Value Historical Data
* 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.
Westlake Chemical Partners LP Median PS Value Chart
Competitive Comparison of Westlake Chemical Partners LP's Median PS Value
For the Chemicals subindustry, Westlake Chemical Partners LP's Price-to-Median-PS-Value, along with its competitors' market caps and Price-to-Median-PS-Value 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.
Westlake Chemical Partners LP's Price-to-Median-PS-Value Distribution in the Chemicals Industry
For the Chemicals industry and Basic Materials sector, Westlake Chemical Partners LP's Price-to-Median-PS-Value distribution charts can be found below:
* The bar in red indicates where Westlake Chemical Partners LP's Price-to-Median-PS-Value falls into.
Westlake Chemical Partners LP Median PS Value Calculation
10-Year Median PS Ratio is 0.5442.
Westlake Chemical Partners LP's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $33.152.
* 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.
Westlake Chemical Partners LP (NYSE:WLKP) Median PS Value Explanation
This valuation method assumes that the stock valuation will revert to its historical (10-Year) mean in terms of PS Ratio. The reason we use PS Ratio instead of PE Ratio or PB Ratio
is because PS Ratio is independent of profit margin, and can be applied to a broader range of situations.
It also assumes that over time the profit margin is constant. If a company increases its profit margin to a sustainable level, this value might under-estimate its value. If it has permanent declined profit margins, this may over-estimate the company's value.
Westlake Chemical Partners LP's Price to Median PS Value for today is calculated as
Price to Median PS Value
=
Share Price
/
Median PS Value
=
22.54
/
18.04
=
1.25
* 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.
Westlake Chemical Partners LP Median PS Value Related Terms
Thank you for viewing the detailed overview of Westlake Chemical Partners LP's Median PS Value provided by GuruFocus.com. Please click on the following links to see related term pages.
Westlake Chemical Partners LP (Westlake Chemical Partners LP) Business Description
Westlake Chemical Partners LP is a part of the chemical industry in the United States. Its operations are conducted through OpCo, it acquires and develop ethyelene production facilities, which convert ethane into ethylene. OpCo sells ethylene and its co-products such as propylene, crude butadiene, pyrolysis gasoline, and hydrogen to Westlake and other customers located in the United States. Its assets include three ethylene production facilities in Calvert City, Kentucky, and Lake Charles, Louisiana.
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