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Enterprise Products Partners LP (Enterprise Products Partners LP) Cyclically Adjusted Revenue per Share : $20.59 (As of Dec. 2023)


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What is Enterprise Products Partners LP Cyclically Adjusted Revenue per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and 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.

Enterprise Products Partners LP's adjusted revenue per share for the three months ended in Dec. 2023 was $6.674. Add all the adjusted revenue per share for the past 10 years together and divide the count will get our Cyclically Adjusted Revenue per Share, which is $20.59 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Enterprise Products Partners LP's average Cyclically Adjusted Revenue Growth Rate was -2.00% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 0.80% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was -5.60% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was -4.40% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Revenue Growth Rate using Cyclically Adjusted Revenue per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Revenue Growth Rate of Enterprise Products Partners LP was 20.80% per year. The lowest was -12.10% per year. And the median was 1.05% per year.

As of today (2024-04-27), Enterprise Products Partners LP's current stock price is $29.06. Enterprise Products Partners LP's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $20.59. Enterprise Products Partners LP's Cyclically Adjusted PS Ratio of today is 1.41.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Enterprise Products Partners LP was 1.44. The lowest was 0.53. And the median was 1.06.


Enterprise Products Partners LP Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Enterprise Products Partners LP's Cyclically Adjusted Revenue per Share 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.

Enterprise Products Partners LP Cyclically Adjusted Revenue per Share Chart

Enterprise Products Partners LP Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 26.12 20.13 20.23 21.01 20.59

Enterprise Products Partners 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 Revenue per Share 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 21.01 21.10 20.99 20.84 20.59

Competitive Comparison of Enterprise Products Partners LP's Cyclically Adjusted Revenue per Share

For the Oil & Gas Midstream subindustry, Enterprise Products Partners 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.


Enterprise Products Partners LP's Cyclically Adjusted PS Ratio Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Enterprise Products Partners LP's Cyclically Adjusted PS Ratio falls into.



Enterprise Products Partners LP Cyclically Adjusted Revenue per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and 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.

What is Cyclically Adjusted Revenue per Share? How do we calculate Cyclically Adjusted Revenue per Share?

Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Revenue per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the revenue per share from 2001 through 2010.

We adjusted the 2001 revenue per share data with the total inflation from 2001 through 2010 to the equivalent revenue in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's revenue is $1 a share in 2001, then the 2001's equivalent revenue in 2010 is $1.4 a share. If Wal-Mart's revenue is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 revenue in 2010 is $1.35. So on and so forth, you get the equivalent revenue per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Enterprise Products Partners 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)
=6.674/129.4194*129.4194
=6.674

Current CPI (Dec. 2023) = 129.4194.

Enterprise Products Partners LP Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 7.062 99.695 9.168
201406 6.838 100.560 8.800
201409 6.547 100.428 8.437
201412 5.251 99.070 6.860
201503 3.879 99.621 5.039
201506 3.543 100.684 4.554
201509 3.137 100.392 4.044
201512 3.055 99.792 3.962
201603 2.453 100.470 3.160
201606 2.684 101.688 3.416
201609 2.812 101.861 3.573
201612 3.060 101.863 3.888
201703 3.443 102.862 4.332
201706 3.081 103.349 3.858
201709 3.202 104.136 3.979
201712 3.839 104.011 4.777
201803 4.291 105.290 5.274
201806 3.875 106.317 4.717
201809 4.376 106.507 5.317
201812 4.184 105.998 5.109
201903 3.884 107.251 4.687
201906 3.758 108.070 4.500
201909 3.616 108.329 4.320
201912 3.635 108.420 4.339
202003 3.395 108.902 4.035
202006 2.612 108.767 3.108
202009 3.144 109.815 3.705
202012 3.201 109.897 3.770
202103 4.156 111.754 4.813
202106 4.286 114.631 4.839
202109 4.915 115.734 5.496
202112 5.168 117.630 5.686
202203 5.915 121.301 6.311
202206 7.297 125.017 7.554
202209 7.034 125.227 7.270
202212 6.216 125.222 6.424
202303 5.669 127.348 5.761
202306 4.850 128.729 4.876
202309 5.469 129.860 5.450
202312 6.674 129.419 6.674

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.


Enterprise Products Partners LP  (NYSE:EPD) Cyclically Adjusted Revenue per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Revenue per Share may underestimate the company's revenue. Cyclically Adjusted PS Ratio can seem to be too high even the actual PS Ratio is low.

For the Cyclically Adjusted PS Ratio, the revenue per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/S calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PS Ratio is also called CAPS Ratio.

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.

Enterprise Products Partners LP's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=29.06/20.59
=1.41

* 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.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Enterprise Products Partners LP was 1.44. The lowest was 0.53. And the median was 1.06.


Be Aware

Cyclically Adjusted PS Ratio works better for cyclical companies. It gives you a better idea on the company's real revenue value.


Enterprise Products Partners LP Cyclically Adjusted Revenue per Share Related Terms

Thank you for viewing the detailed overview of Enterprise Products Partners LP's Cyclically Adjusted Revenue per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Enterprise Products Partners LP (Enterprise Products Partners LP) Business Description

Industry
Traded in Other Exchanges
N/A
Address
1100 Louisiana Street, 10th Floor, Houston, TX, USA, 77002
Enterprise Products Partners is a master limited partnership that transports and processes natural gas, natural gas liquids, crude oil, refined products and petrochemicals. It is one of the largest midstream companies, with operations servicing most producing regions in the Lower 48 states. Enterprise is particularly dominant in the NGL market and is one of the few MLPs that provide midstream services across the full hydrocarbon value chain.
Executives
Aj Teague officer: Executive Vice President 1100 LOUISIANA 10TH FLOOR, HOUSTON TX 77002
John R Rutherford director 1100 LOUISIANA STREET, 10TH FLOOR, HOUSTON TX 77002
William C Montgomery director C/O APACHE CORPORATION, 2000 POST OAK BLVD., SUITE 100, HOUSTON TX 77056
Rebecca G. Followill director 1100 LOUISIANA STREET, HOUSTON TX 77002
Carin Marcy Barth director
Randa Duncan Williams 10 percent owner 1100 LOUISIANA 10TH FLOOR, HOUSTON TX 77002
Graham W. Bacon officer: Group Senior Vice President 1100 LOUISIANA STREET, HOUSTON TX 77002
Richard H Bachmann director, officer: Executive VP & CLO 1100 LOUISIANA 10TH FLOOR, HOUSTON TX 77002
W Randall Fowler director, officer: Sr. Vice President & Treasurer 1100 LOUISIANA 10TH FLOOR, HOUSTON TX 77002
Robert D Sanders officer: EVP, Asset Optimization 1100 LOUISIANA, SUITE 1000, HOUSTON TX 77002
Christian M. Nelly officer: EVP-Finance and Treasurer 1100 LOUISIANA STREET, HOUSTON TX 77002
Murray E Brasseux director 17 SOUTH BRIAR HOLLOW LANE, HOUSTON TX 77027
James T Hackett director C/O FLUOR CORPORATION, 6700 LAS COLINAS BLVD, IRVING TX 75039
Edwin E Smith director 1100 LOUISIANA 10TH FLOOR, HOUSTON TX 77002
Brent B. Secrest officer: Senior Vice President 1100 LOUISIANA STREET, HOUSTON TX 77002

Enterprise Products Partners LP (Enterprise Products Partners LP) Headlines