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MPLX LP Shiller PE Ratio

: 24.54 (As of Today)
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As of today (2021-06-14), MPLX LP's current share price is $30.68. MPLX LP's E10 for the quarter that ended in Mar. 2021 was $1.25. MPLX LP's Shiller PE Ratio for today is 24.54.

NYSE:MPLX' s Shiller PE Ratio Range Over the Past 10 Years
Min: 12.55   Med: 18.41   Max: 24.61
Current: 24.61

12.55
24.61

During the past years, MPLX LP's highest Shiller PE Ratio was 24.61. The lowest was 12.55. And the median was 18.41.

NYSE:MPLX's Shiller PE Ratio is ranked lower than
70% of the 409 Companies
in the Oil & Gas industry.

( Industry Median: 15.53 vs. NYSE:MPLX: 24.61 )

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.

MPLX LP's adjusted earnings per share data for the three months ended in Mar. 2021 was $0.680. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $1.25 for the trailing ten years ended in Mar. 2021.

Shiller PE for Stocks: The True Measure of Stock Valuation


MPLX LP Shiller PE Ratio 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.

MPLX LP Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Shiller PE Ratio
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - 16.97

MPLX LP Quarterly Data
Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21
Shiller PE Ratio 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 Premium Member Only Premium Member Only Premium Member Only - - 12.66 16.97 20.56

Competitive Comparison
* 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.
   

MPLX LP Shiller PE Ratio Distribution

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



MPLX 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.

MPLX LP's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=30.68/1.25
=24.54

* 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.

MPLX LP's E10 for the quarter that ended in Mar. 2021 is calculated as:

For example, MPLX LP's adjusted earnings per share data for the three months ended in Mar. 2021 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Mar. 2021 (Change)*Current CPI (Mar. 2021)
=0.68/111.7544*111.7544
=0.680

Current CPI (Mar. 2021) = 111.7544.

MPLX LP Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201106 0.888 95.319 1.041
201109 1.064 95.529 1.244
201112 0.668 95.632 0.781
201203 0.953 97.075 1.097
201206 0.806 96.661 0.932
201209 0.999 97.595 1.143
201212 -2.405 97.158 -2.767
201303 0.230 98.107 0.262
201306 0.250 98.557 0.283
201309 0.280 98.536 0.318
201312 0.270 98.692 0.306
201403 0.450 100.023 0.503
201406 0.370 100.520 0.411
201409 0.370 100.176 0.413
201412 0.360 98.604 0.408
201503 0.530 99.824 0.593
201506 0.550 100.691 0.610
201509 0.410 100.346 0.457
201512 -0.140 99.957 -0.157
201603 -0.330 100.947 -0.365
201606 -0.110 101.524 -0.121
201609 0.210 101.988 0.230
201612 0.170 102.456 0.185
201703 0.190 103.167 0.206
201706 0.260 103.278 0.281
201709 0.290 104.070 0.311
201712 0.310 104.578 0.331
201803 0.610 105.708 0.645
201806 0.550 106.324 0.578
201809 0.620 106.695 0.649
201812 0.520 106.200 0.547
201903 0.610 107.818 0.632
201906 0.550 108.250 0.568
201909 0.610 108.577 0.628
201912 -0.580 108.841 -0.596
202003 -2.600 108.173 -2.686
202006 0.580 109.318 0.593
202009 0.610 109.861 0.621
202012 0.630 110.364 0.638
202103 0.680 111.754 0.680

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.


MPLX LP  (NYSE:MPLX) 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.


MPLX LP Shiller PE Ratio Related Terms


MPLX LP Shiller PE Ratio Headlines

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