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Navios Maritime Partners LP (Navios Maritime Partners LP) Cyclically Adjusted Revenue per Share : $37.86 (As of Dec. 2023)


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What is Navios Maritime 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.

Navios Maritime Partners LP's adjusted revenue per share for the three months ended in Dec. 2023 was $10.842. 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 $37.86 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Navios Maritime Partners LP's average Cyclically Adjusted Revenue Growth Rate was -0.70% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was -1.80% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was -5.60% 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 Navios Maritime Partners LP was -1.80% per year. The lowest was -10.40% per year. And the median was -7.90% per year.

As of today (2024-04-27), Navios Maritime Partners LP's current stock price is $44.71. Navios Maritime Partners LP's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $37.86. Navios Maritime Partners LP's Cyclically Adjusted PS Ratio of today is 1.18.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Navios Maritime Partners LP was 1.17. The lowest was 0.10. And the median was 0.55.


Navios Maritime Partners LP Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Navios Maritime 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.

Navios Maritime Partners LP Cyclically Adjusted Revenue per Share Chart

Navios Maritime 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 44.54 39.93 38.43 38.13 37.86

Navios Maritime 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 38.13 38.25 38.34 38.35 37.86

Competitive Comparison of Navios Maritime Partners LP's Cyclically Adjusted Revenue per Share

For the Marine Shipping subindustry, Navios Maritime 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.


Navios Maritime Partners LP's Cyclically Adjusted PS Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Navios Maritime Partners LP's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Navios Maritime 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, Navios Maritime 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)
=10.842/129.4194*129.4194
=10.842

Current CPI (Dec. 2023) = 129.4194.

Navios Maritime Partners LP Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 11.618 99.695 15.082
201406 10.700 100.560 13.771
201409 10.721 100.428 13.816
201412 11.514 99.070 15.041
201503 10.585 99.621 13.751
201506 10.196 100.684 13.106
201509 10.309 100.392 13.290
201512 9.625 99.792 12.483
201603 8.240 100.470 10.614
201606 8.102 101.688 10.311
201609 9.088 101.861 11.547
201612 8.955 101.863 11.378
201703 6.889 102.862 8.668
201706 5.503 103.349 6.891
201709 6.180 104.136 7.680
201712 6.065 104.011 7.547
201803 5.153 105.290 6.334
201806 5.295 106.317 6.446
201809 5.692 106.507 6.917
201812 5.227 105.998 6.382
201903 4.247 107.251 5.125
201906 4.432 108.070 5.308
201909 5.910 108.329 7.061
201912 5.686 108.420 6.787
202003 4.287 108.902 5.095
202006 4.291 108.767 5.106
202009 5.884 109.815 6.934
202012 6.176 109.897 7.273
202103 5.680 111.754 6.578
202106 6.685 114.631 7.547
202109 8.535 115.734 9.544
202112 9.037 117.630 9.943
202203 7.836 121.301 8.360
202206 9.294 125.017 9.621
202209 10.681 125.227 11.039
202212 12.297 125.222 12.709
202303 10.255 127.348 10.422
202306 11.494 128.729 11.556
202309 10.707 129.860 10.671
202312 10.842 129.419 10.842

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


Navios Maritime Partners LP  (NYSE:NMM) 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.

Navios Maritime Partners LP's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=44.71/37.86
=1.18

* 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 Navios Maritime Partners LP was 1.17. The lowest was 0.10. And the median was 0.55.


Be Aware

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


Navios Maritime Partners LP Cyclically Adjusted Revenue per Share Related Terms

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


Navios Maritime Partners LP (Navios Maritime Partners LP) Business Description

Industry
Traded in Other Exchanges
N/A
Address
7 Avenue de Grande Bretagne, Office 11B2, Monte Carlo, MCO, MC 98000
Navios Maritime Partners LP is a seaborne shipping company. It owns and operates dry cargo and container vessels with the primary long-term and staggered expiration charters. The firm's fleet consists of Ultra- Handymax, Panamax, Capsize, and Container vessels and categorized in Drybulk and Container vessels. It earns revenue through chartering of vessels, voyage contracts. Geographically, it generates majority revenue from Asia.

Navios Maritime Partners LP (Navios Maritime Partners LP) Headlines

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