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Williams Partners LP (FRA:WP8) Shiller PE Ratio : 77.20 (As of May. 27, 2024)


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What is Williams Partners LP Shiller PE Ratio?

As of today (2024-05-27), Williams Partners LP's current share price is €38.60. Williams Partners LP's E10 for the quarter that ended in Sep. 2014 was €0.50. Williams Partners LP's Shiller PE Ratio for today is 77.20.

The historical rank and industry rank for Williams Partners LP's Shiller PE Ratio or its related term are showing as below:

FRA:WP8' s Shiller PE Ratio Range Over the Past 10 Years
Min: 46.67   Med: 65.42   Max: 124.84
Current: 76.73

During the past years, Williams Partners LP's highest Shiller PE Ratio was 124.84. The lowest was 46.67. And the median was 65.42.

FRA:WP8's Shiller PE Ratio is not ranked
in the Oil & Gas industry.
Industry Median: 17.67 vs FRA:WP8: 76.73

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.

Williams Partners LP's adjusted earnings per share data for the three months ended in Sep. 2014 was €0.054. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is €0.50 for the trailing ten years ended in Sep. 2014.

Shiller PE for Stocks: The True Measure of Stock Valuation


Williams Partners LP Shiller PE Ratio Historical Data

The historical data trend for Williams Partners LP's Shiller PE 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.

Williams Partners LP Shiller PE Ratio Chart

Williams Partners LP Annual Data
Trend Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 112.47 49.90 49.57

Williams Partners LP Quarterly Data
Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14
Shiller PE 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 50.24 49.57 51.71 62.22 82.51

Competitive Comparison of Williams Partners LP's Shiller PE Ratio

For the Oil & Gas Midstream subindustry, Williams Partners LP's Shiller PE Ratio, along with its competitors' market caps and Shiller PE 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.


Williams Partners LP's Shiller PE Ratio Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Williams Partners LP's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Williams Partners LP's Shiller PE Ratio falls into.



Williams Partners LP Shiller PE Ratio Calculation

For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller PE Ratio is also called PE10.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

Williams Partners LP's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=38.60/0.5
=77.20

* 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.

Williams Partners LP's E10 for the quarter that ended in Sep. 2014 is calculated as:

For example, Williams Partners LP's adjusted earnings per share data for the three months ended in Sep. 2014 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Sep. 2014 (Change)*Current CPI (Sep. 2014)
=0.054/100.4278*100.4278
=0.054

Current CPI (Sep. 2014) = 100.4278.

Williams Partners LP Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
200412 0.000 80.290 0.000
200503 0.015 81.555 0.018
200506 0.504 82.062 0.617
200509 -0.016 83.876 -0.019
200512 2.299 83.032 2.781
200603 0.291 84.298 0.347
200606 0.198 85.606 0.232
200609 0.456 85.606 0.535
200612 -1.430 85.142 -1.687
200703 0.234 86.640 0.271
200706 0.358 87.906 0.409
200709 0.446 87.964 0.509
200712 0.109 88.616 0.124
200803 0.425 90.090 0.474
200806 0.592 92.320 0.644
200809 0.697 92.307 0.758
200812 0.111 88.697 0.126
200903 0.276 89.744 0.309
200906 0.343 91.003 0.379
200909 0.713 91.120 0.786
200912 -6.564 91.111 -7.235
201003 0.450 91.821 0.492
201006 1.014 91.962 1.107
201009 0.481 92.162 0.524
201012 0.569 92.474 0.618
201103 0.578 94.283 0.616
201106 0.632 95.235 0.666
201109 0.662 95.727 0.695
201112 0.803 95.213 0.847
201203 0.643 96.783 0.667
201206 0.231 96.819 0.240
201209 0.295 97.633 0.303
201212 0.321 96.871 0.333
201303 0.386 98.209 0.395
201306 0.235 98.518 0.240
201309 0.389 98.790 0.395
201312 0.091 98.326 0.093
201403 0.260 99.695 0.262
201406 0.081 100.560 0.081
201409 0.054 100.428 0.054

Add all the adjusted EPS together and divide 10 will get our E10.

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.


Williams Partners LP  (FRA:WP8) Shiller PE Ratio Explanation

Compared with the regular PE Ratio, which works poorly for cyclical businesses, the Shiller PE Ratio smoothed out the fluctuations of profit margins during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Shiller PE Ratio should give similar results to regular PE Ratio.

Compared with the PS Ratio, the Shiller PE Ratio makes the comparison between different industries more meaningful.


Be Aware

Shiller PE Ratio assumes that over the long term, businesses and profitability revert to their means. If a company's business model does not work in the future compared with the past, Shiller PE Ratio and PS Ratio will give false valuations.


Williams Partners LP Shiller PE Ratio Related Terms

Thank you for viewing the detailed overview of Williams Partners LP's Shiller PE Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Williams Partners LP (FRA:WP8) Business Description

Traded in Other Exchanges
N/A
Address
Williams Partners LP is a publicly traded Delaware limited partnership formed by The Williams Companies, Inc. (Williams) in 2005. It is an energy infrastructure company. The Company is engaged in natural gas transportation; gathering, treating, and processing; storage; NGL fractionation; olefins production; and oil transportation. The operations of its businesses are located in North America. The Company's operations are divided into four business segments: Northeast G&P — this segment includes its natural gas gathering and processing and NGL fractionation businesses in the Marcellus and Utica shale regions, Atlantic-Gulf — this segment includes its interstate natural gas pipeline, Transco, and significant natural gas gathering and processing and crude oil production handling and transportation in the Gulf Coast region, West — this segment includes its natural gas gathering, processing and treating operations in New Mexico, Colorado, and Wyoming and its interstate natural gas pipeline, Northwest Pipeline, and NGL & Petchem Services — this segment includes its NGL and natural gas marketing business, an NGL fractionator and storage facilities near Conway, Kansas. The Company markets NGL products to a wide range of users in the energy and petrochemical industries. The NGL marketing business transports and markets its equity NGLs from the production at its processing plants, and also markets NGLs on behalf of third-party NGL producers, including some of our fee-based processing customers, and the NGL volumes owned by Discovery. The Company also market olefin products to a wide range of users in the energy and petrochemical industries. Its gathering and processing business competes with other midstream companies, interstate and intrastate pipelines, producers and independent gatherers and processors. The Company's operations are subject to federal environmental laws and regulations as well as the state, local, and tribal laws and regulations adopted by the jurisdictions in which they operate.

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