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Pembina Pipeline (STU:P5P) Cyclically Adjusted PS Ratio : 2.98 (As of May. 27, 2024)


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What is Pembina Pipeline Cyclically Adjusted PS Ratio?

As of today (2024-05-27), Pembina Pipeline's current share price is €33.57. Pembina Pipeline's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €11.27. Pembina Pipeline's Cyclically Adjusted PS Ratio for today is 2.98.

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

STU:P5P' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.67   Med: 3.49   Max: 6.38
Current: 3.01

During the past years, Pembina Pipeline's highest Cyclically Adjusted PS Ratio was 6.38. The lowest was 1.67. And the median was 3.49.

STU:P5P's Cyclically Adjusted PS Ratio is ranked worse than
82.56% of 757 companies
in the Oil & Gas industry
Industry Median: 0.89 vs STU:P5P: 3.01

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.

Pembina Pipeline's adjusted revenue per share data for the three months ended in Mar. 2024 was €2.090. 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 €11.27 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Pembina Pipeline Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Pembina Pipeline'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.

Pembina Pipeline Cyclically Adjusted PS Ratio Chart

Pembina Pipeline 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 3.47 2.12 2.51 2.75 2.72

Pembina Pipeline Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 2.61 2.47 2.42 2.72 2.88

Competitive Comparison of Pembina Pipeline's Cyclically Adjusted PS Ratio

For the Oil & Gas Midstream subindustry, Pembina Pipeline'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.


Pembina Pipeline's Cyclically Adjusted PS Ratio Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Pembina Pipeline's Cyclically Adjusted PS Ratio falls into.



Pembina Pipeline 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.

Pembina Pipeline's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=33.57/11.27
=2.98

* 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.

Pembina Pipeline's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Pembina Pipeline's adjusted Revenue per Share data for the three months ended in Mar. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=2.09/126.2576*126.2576
=2.090

Current CPI (Mar. 2024) = 126.2576.

Pembina Pipeline Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 3.358 99.473 4.262
201409 3.095 99.394 3.931
201412 2.627 98.367 3.372
201503 2.485 99.789 3.144
201506 2.548 100.500 3.201
201509 1.997 100.421 2.511
201512 2.290 99.947 2.893
201603 1.836 101.054 2.294
201606 1.818 102.002 2.250
201609 1.678 101.765 2.082
201612 2.234 101.449 2.780
201703 2.584 102.634 3.179
201706 1.925 103.029 2.359
201709 1.767 103.345 2.159
201712 2.175 103.345 2.657
201803 2.268 105.004 2.727
201806 2.238 105.557 2.677
201809 2.642 105.636 3.158
201812 2.205 105.399 2.641
201903 2.549 106.979 3.008
201906 2.347 107.690 2.752
201909 2.272 107.611 2.666
201912 1.182 107.769 1.385
202003 1.973 107.927 2.308
202006 1.511 108.401 1.760
202009 1.745 108.164 2.037
202012 1.960 108.559 2.280
202103 2.450 110.298 2.805
202106 2.345 111.720 2.650
202109 2.616 112.905 2.925
202112 3.212 113.774 3.564
202203 4.058 117.646 4.355
202206 4.105 120.806 4.290
202209 3.785 120.648 3.961
202212 3.391 120.964 3.539
202303 2.106 122.702 2.167
202306 2.610 124.203 2.653
202309 2.886 125.230 2.910
202312 3.059 125.072 3.088
202403 2.090 126.258 2.090

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.


Pembina Pipeline  (STU:P5P) 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.


Pembina Pipeline Cyclically Adjusted PS Ratio Related Terms

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


Pembina Pipeline (STU:P5P) Business Description

Industry
Address
585 - 8th Avenue S.W., Suite 4000, Calgary, AB, CAN, T2P 1G1
Pembina Pipeline is a midstream company serving the Canadian and North American (primarily Bakken) markets with an integrated product portfolio. Its assets include pipelines and gas gathering as well as assets across fractionation, storage, and propane exports.

Pembina Pipeline (STU:P5P) Headlines

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