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Global Partners LP (Global Partners LP) Shiller PE Ratio : 19.04 (As of Apr. 26, 2024)


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What is Global Partners LP Shiller PE Ratio?

As of today (2024-04-26), Global Partners LP's current share price is $47.22. Global Partners LP's E10 for the quarter that ended in Dec. 2023 was $2.48. Global Partners LP's Shiller PE Ratio for today is 19.04.

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

GLP' s Shiller PE Ratio Range Over the Past 10 Years
Min: 6.32   Med: 15.27   Max: 23.48
Current: 19.04

During the past years, Global Partners LP's highest Shiller PE Ratio was 23.48. The lowest was 6.32. And the median was 15.27.

GLP's Shiller PE Ratio is ranked worse than
55.16% of 417 companies
in the Oil & Gas industry
Industry Median: 17.84 vs GLP: 19.04

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.

Global Partners LP's adjusted earnings per share data for the three months ended in Dec. 2023 was $1.410. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $2.48 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Global Partners LP Shiller PE Ratio Historical Data

The historical data trend for Global 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.

Global Partners LP Shiller PE Ratio Chart

Global Partners LP Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 17.62 13.53 17.55 15.69 17.06

Global Partners LP Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 15.69 12.76 12.08 14.09 17.06

Competitive Comparison of Global Partners LP's Shiller PE Ratio

For the Oil & Gas Midstream subindustry, Global 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.


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

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

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



Global 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.

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

Shiller PE Ratio=Share Price/ E10
=47.22/2.48
=19.04

* 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.

Global Partners LP's E10 for the quarter that ended in Dec. 2023 is calculated as:

For example, Global Partners LP's adjusted earnings per share data for the three months ended in Dec. 2023 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=1.41/129.4194*129.4194
=1.410

Current CPI (Dec. 2023) = 129.4194.

Global Partners LP Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 2.030 99.695 2.635
201406 -0.500 100.560 -0.643
201409 1.500 100.428 1.933
201412 0.930 99.070 1.215
201503 0.920 99.621 1.195
201506 0.150 100.684 0.193
201509 0.160 100.392 0.206
201512 -0.070 99.792 -0.091
201603 -0.210 100.470 -0.271
201606 -0.220 101.688 -0.280
201609 -3.540 101.861 -4.498
201612 -1.940 101.863 -2.465
201703 0.680 102.862 0.856
201706 0.070 103.349 0.088
201709 0.440 104.136 0.547
201712 0.550 104.011 0.684
201803 1.730 105.290 2.126
201806 0.190 106.317 0.231
201809 -0.440 106.507 -0.535
201812 1.470 105.998 1.795
201903 0.150 107.251 0.181
201906 0.360 108.070 0.431
201909 0.380 108.329 0.454
201912 -0.080 108.420 -0.095
202003 0.050 108.902 0.059
202006 2.170 108.767 2.582
202009 0.470 109.815 0.554
202012 0.060 109.897 0.071
202103 -0.200 111.754 -0.232
202106 0.230 114.631 0.260
202109 0.860 115.734 0.962
202112 0.440 117.630 0.484
202203 0.760 121.301 0.811
202206 4.610 125.017 4.772
202209 3.120 125.227 3.224
202212 1.540 125.222 1.592
202303 0.700 127.348 0.711
202306 1.050 128.729 1.056
202309 0.600 129.860 0.598
202312 1.410 129.419 1.410

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.


Global Partners LP  (NYSE:GLP) 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.


Global Partners LP Shiller PE Ratio Related Terms

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


Global Partners LP (Global Partners LP) Business Description

Traded in Other Exchanges
Address
800 South Street, P.O. Box 9161, Suite 500, Waltham, MA, USA, 02454-9161
Global Partners LP is an us-based limited partnership that acts as a midstream logistics and marketing company. It is mainly engaged in purchasing, selling, storing and logistics of transporting petroleum and related products. The company owns and operates and control terminal networks of refined petroleum products and renewable fuels in Massachusetts, Maine, Connecticut, Vermont, and other places. It distributes gasoline and gasoline blendstocks, distillates, residual oil, renewable fuels, crude oil, natural gas and propane to wholesalers, retailers and commercial customers. The company operates through three segments i.e. Wholesale, Gasoline Distribution and Station Operations and Commercial. It generates maximum revenue from the Wholesale segment.
Executives
Global Gp Llc other: General Partner 800 SOUTH STREET, SUITE 500, WALTHAM MA 02453
Clare Mcgrory Kelly director 800 SOUTH STREET, SUITE 500, WALTHAM MA 02453
Jaime Pereira director C/O GLOBAL PARTNERS LP, 800 SOUTH STREET, SUITE 500, WALTHAM MA 02453
John T Hailer director 800 SOUTH STREET, SUITE 500, WALTHAM MA 02453
Robert J Mccool director 1629 CHINABERRY WAY, NAPLES FL 34105
Robert W Owens director
Mark Romaine officer: Chief Operating Officer 800 SOUTH STREET, SUITE 500, WALTHAM MA 02453
Gregory B. Hanson officer: Chief Financial Officer C/O GLOBAL PARTNERS LP, 800 SOUTH STREET, SUITE 500, WALTHAM MA 02453
Matthew Spencer officer: Chief Accounting Officer C/O GLOBAL PARTNERS LP, 800 SOUTH STREET, SUITE 500, WALTHAM MA 02453
Jeremy Langhorn officer: Chief Human Resources Officer C/O GLOBAL PARTNERS LP, 800 SOUTH STREET, SUITE 500, WALTHAM MA 02453
Eric Slifka director, officer: Vice Chairman, President & CEO 800 SOUTH STREET, SUITE 500, WALTHAM MA 02453
Sean T. Geary officer: Chief Legal Officer & Sec. 800 SOUTH STREET, SUITE 500, WALTHAM MA 02453
Alfred A. Slifka 1990 Trust Under Article Ii-a 10 percent owner C/O NUTTER MCCLENNEN & FISH LLP, 155 SEAPORT BOULEVARD, BOSTON MA 02110
Richard Slifka director, 10 percent owner 800 SOUTH STREET, SUITE 500, WALTHAM MA 02453
David K Mckown director EATON VANCE MANAGEMENT, BOSTON MA 02110