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Delek Logistics Partners LP (Delek Logistics Partners LP) Cyclically Adjusted PB Ratio : (As of Apr. 27, 2024)


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What is Delek Logistics Partners LP Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Delek Logistics Partners LP Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Delek Logistics Partners LP's Cyclically Adjusted PB 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.

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Delek Logistics Partners LP Cyclically Adjusted PB Ratio Chart

Delek Logistics Partners LP Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
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Delek Logistics Partners LP Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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Competitive Comparison of Delek Logistics Partners LP's Cyclically Adjusted PB Ratio

For the Oil & Gas Refining & Marketing subindustry, Delek Logistics Partners LP's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB 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.


Delek Logistics Partners LP's Cyclically Adjusted PB Ratio Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Delek Logistics Partners LP's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Delek Logistics Partners LP's Cyclically Adjusted PB Ratio falls into.



Delek Logistics Partners LP Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB 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 PB Ratio.

Delek Logistics Partners LP's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Delek Logistics Partners LP's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book=Book Value per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=-3.712/129.4194*129.4194
=-3.712

Current CPI (Dec. 2023) = 129.4194.

Delek Logistics Partners LP Quarterly Data

Book Value per Share CPI Adj_Book
201403 -0.171 99.695 -0.222
201406 0.328 100.560 0.422
201409 0.466 100.428 0.601
201412 1.643 99.070 2.146
201503 -0.851 99.621 -1.106
201506 -0.652 100.684 -0.838
201509 -0.481 100.392 -0.620
201512 -0.454 99.792 -0.589
201603 -0.452 100.470 -0.582
201606 -0.381 101.688 -0.485
201609 -0.577 101.861 -0.733
201612 -0.546 101.863 -0.694
201703 -0.780 102.862 -0.981
201706 -0.865 103.349 -1.083
201709 -1.057 104.136 -1.314
201712 -1.199 104.011 -1.492
201803 -5.358 105.290 -6.586
201806 -5.286 106.317 -6.435
201809 -5.346 106.507 -6.496
201812 -5.525 105.998 -6.746
201903 -5.814 107.251 -7.016
201906 -5.910 108.070 -7.078
201909 -5.836 108.329 -6.972
201912 -6.187 108.420 -7.385
202003 -1.509 108.902 -1.793
202006 -2.661 108.767 -3.166
202009 -2.566 109.815 -3.024
202012 -2.493 109.897 -2.936
202103 -2.564 111.754 -2.969
202106 -2.482 114.631 -2.802
202109 -2.410 115.734 -2.695
202112 -2.392 117.630 -2.632
202203 -2.450 121.301 -2.614
202206 -2.678 125.017 -2.772
202209 -2.627 125.227 -2.715
202212 -2.541 125.222 -2.626
202303 -2.695 127.348 -2.739
202306 -2.971 128.729 -2.987
202309 -3.192 129.860 -3.181
202312 -3.712 129.419 -3.712

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book 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.


Delek Logistics Partners LP  (NYSE:DKL) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value 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 PB Ratio should give similar results to regular PB Ratio.


Delek Logistics Partners LP Cyclically Adjusted PB Ratio Related Terms

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Delek Logistics Partners LP (Delek Logistics Partners LP) Business Description

Traded in Other Exchanges
N/A
Address
310 Seven Springs Way, Suite 400 and 500, Brentwood, TN, USA, 37027
Delek Logistics Partners LP owns and operates logistics and marketing assets for crude oil and intermediate and refined products. The company's segment includes Pipelines and Transportation; Pipelines and Transportation and Investments in Pipeline Joint Ventures. It generates maximum revenue from the Pipelines and Transportation segment. The pipelines and Transportation segment consist of pipelines, tanks, offloading facilities, trucks, and ancillary assets, which provide crude oil gathering and crude oil, intermediate and refined products transportation and storage services in support of Delek Holdings' refining operations in Tyler, Texas, El Dorado, Arkansas and Big Spring, Texas.
Executives
Reuven Spiegel director 1530 PALISADE AVENUE, APT. 24-L, FORT LEE NJ 07024
Odely Sakazi officer: Senior Vice President 7102 COMMERCE WAY, BRENTWOOD TN 37027
Avigal Soreq officer: Executive Vice President 7102 COMMERCE WAY, BRENTWOOD TN 37027
Ezra Uzi Yemin director, officer: Chairman / CEO 7102 COMMERCE WAY, BRENTWOOD TN 37027
Joseph Israel officer: EVP, Operations 7616 LBJ FREEWAY, SUITE 300, DALLAS TX 75251
Brown Charles J Iii director 524 ROOKWOOD PLACE, CHARLOTTESVILLE VA 22903
Todd O'malley officer: EVP Chief Operating Officer 7102 COMMERCE WAY, BRENTWOOD TN 37027
Delek Us Holdings, Inc. director, 10 percent owner 310 SEVEN SPRINGS WAY, SUITE 500, BRENTWOOD TN 37027
Robert G. Wright officer: SVP & Chief Accounting Officer 7102 COMMERCE WAY, BRENTWOOD TN 37027
Francis C. D'andrea director 70 NORTH WINDSAIL PLACE, THE WOODLANDS TX 77381
Nilah Staskus officer: EVP, Chief Accounting Officer 7102 COMMERCE WAY, BRENTWOOD TN 37027
Denise Clark Mcwatters officer: EVP, Gen Counsel & Corp Sec 1702 COMMERCE WAY, BRENTWOOD TN 37027
Sherri Anne Brillon director 500 CENTRE STREET SE, CALGARY A0 T2P 2S5
Delek Logistics Services Co director, 10 percent owner 7102 COMMERCE WAY, BRENTWOOD TN 37027
Gennifer F. Kelly director 1702 COMMERCE WAY, BRENTWOOD TN 37027