What is Magellan Midstream 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 Magellan Midstream Partners LP's Median PS Value or its related term are showing as below:
MMP'
s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.49 Med: 0.92 Max: 3.51
Current: 0.7
During the past 13 years, the highest Price to Median PS Value of Magellan Midstream Partners LP was 3.51. The lowest was 0.49. And the median was 0.92.
MMP's Price-to-Median-PS-Value is not ranked
in the Oil & Gas industry.
Industry Median: 0.88
vs MMP: 0.70
Magellan Midstream 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.
Magellan Midstream Partners LP Median PS Value Chart
Competitive Comparison of Magellan Midstream Partners LP's Median PS Value
For the Oil & Gas Midstream subindustry, Magellan Midstream 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.
Magellan Midstream Partners LP's Price-to-Median-PS-Value Distribution in the Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Magellan Midstream Partners LP's Price-to-Median-PS-Value distribution charts can be found below:
* The bar in red indicates where Magellan Midstream Partners LP's Price-to-Median-PS-Value falls into.
Magellan Midstream Partners LP Median PS Value Calculation
10-Year Median PS Ratio is 5.8235.
Magellan Midstream Partners LP's Revenue per Share for the trailing twelve months (TTM) ended in Jun. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $16.976.
* 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.
Magellan Midstream Partners LP (NYSE:MMP) 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.
Magellan Midstream Partners LP's Price to Median PS Value for today is calculated as
Price to Median PS Value
=
Share Price
/
Median PS Value
=
69.00
/
98.86
=
0.70
* 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.
Magellan Midstream Partners LP Median PS Value Related Terms
Thank you for viewing the detailed overview of Magellan Midstream Partners LP's Median PS Value provided by GuruFocus.com. Please click on the following links to see related term pages.
Magellan Midstream Partners LP (Magellan Midstream Partners LP) Business Description
Magellan Midstream Partners is a master limited partnership that operates pipelines and storage terminals in the Central and Eastern United States. Its assets transport, store, and distribute refined petroleum products and crude and earn a fee-based stream of cash flows. Assets include the country's longest petroleum pipeline network and several crude oil pipelines. Refined products make about 70% of operating margin, with the remainder mainly crude-oil pipelines.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
MMP has been successfully added to your 