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Western Midstream Partners LP Shiller PE Ratio

: 15.79 (As of Today)
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As of today (2021-10-25), Western Midstream Partners LP's current share price is $22.74. Western Midstream Partners LP's E10 for the quarter that ended in Jun. 2021 was $1.44. Western Midstream Partners LP's Shiller PE Ratio for today is 15.79.

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

NYSE:WES' s Shiller PE Ratio Range Over the Past 10 Years
Min: 5.3   Med: 13.47   Max: 16.24
Current: 15.79

5.3
16.24

During the past years, Western Midstream Partners LP's highest Shiller PE Ratio was 16.24. The lowest was 5.30. And the median was 13.47.

NYSE:WES's Shiller PE Ratio is ranked lower than
99.99% of the 142 Companies
in the Oil & Gas industry.

( Industry Median: 38.51 vs. NYSE:WES: 15.79 )

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.

Western Midstream Partners LP's adjusted earnings per share data for the three months ended in Jun. 2021 was $0.550. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $1.44 for the trailing ten years ended in Jun. 2021.

Shiller PE for Stocks: The True Measure of Stock Valuation


Western Midstream Partners LP Shiller PE Ratio Historical Data

The historical data trend for Western Midstream 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.

Western Midstream Partners 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 - - - - 9.73

Western Midstream Partners LP Quarterly Data
Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21
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 - 5.75 9.73 13.43 14.88

Competitive Comparison

For the Oil & Gas Midstream subindustry, Western Midstream 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.

   

Western Midstream Partners LP Shiller PE Ratio Distribution

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

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



Western Midstream 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.

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

Shiller PE Ratio=Share Price/ E10
=22.74/1.44
=15.79

* 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.

Western Midstream Partners LP's E10 for the quarter that ended in Jun. 2021 is calculated as:

For example, Western Midstream Partners LP's adjusted earnings per share data for the three months ended in Jun. 2021 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Jun. 2021 (Change)*Current CPI (Jun. 2021)
=0.55/114.6314*114.6314
=0.550

Current CPI (Jun. 2021) = 114.6314.

Western Midstream Partners LP Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201012 0.652 92.474 0.808
201112 0.680 95.213 0.819
201203 0.334 96.783 0.396
201206 0.366 96.819 0.433
201209 0.378 97.633 0.444
201212 -0.239 96.871 -0.283
201303 0.120 98.209 0.140
201306 0.160 98.518 0.186
201309 0.200 98.790 0.232
201312 0.220 98.326 0.256
201403 0.230 99.695 0.264
201406 0.250 100.560 0.285
201409 0.270 100.428 0.308
201412 0.260 99.070 0.301
201503 -0.190 99.621 -0.219
201506 0.310 100.684 0.353
201509 0.410 100.392 0.468
201512 -0.140 99.792 -0.161
201603 0.320 100.470 0.365
201606 0.410 101.688 0.462
201609 0.420 101.861 0.473
201612 0.380 101.863 0.428
201703 0.350 102.862 0.390
201706 0.480 103.349 0.532
201709 0.440 104.136 0.484
201712 0.450 104.011 0.496
201803 0.460 105.290 0.501
201806 0.310 106.317 0.334
201809 0.490 106.507 0.527
201812 0.430 105.998 0.465
201903 0.300 107.251 0.321
201906 0.370 108.070 0.392
201909 0.270 108.329 0.286
201912 0.620 108.420 0.656
202003 -0.570 108.902 -0.600
202006 0.600 108.767 0.632
202009 0.550 109.815 0.574
202012 0.620 109.897 0.647
202103 0.440 111.754 0.451
202106 0.550 114.631 0.550

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.


Western Midstream Partners LP  (NYSE:WES) 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.


Western Midstream Partners LP Shiller PE Ratio Related Terms

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


Western Midstream Partners LP Business Description

Western Midstream Partners LP logo
Industry
Energy » Oil & Gas NAICS : 213112 SIC : 1389
Traded in Other Exchanges
N/A
Address
9950 Woodloch Forest Drive, Suite 2800, The Woodlands, TX, USA, 77380
Western Midstream Partners LP is a US-based company which own, operate, acquire and develop midstream energy assets. The company through its subsidiary is engaged in the business of gathering, processing, compressing, treating and transporting natural gas, condensate, NGLs and crude oil. It owns or has investments in assets located in the Rocky Mountains (Colorado, Utah, and Wyoming), the Mid-Continent (Kansas and Oklahoma), North-central Pennsylvania and Texas.
Executives
Stewart Lisa A director EL PASO CORPORATION 1001 LOUISIANA STREET HOUSTON TX 77002
Schulte David J director 233 WEST 47TH ST. KANSAS CITY MO 64112
Owen Kenneth F. director 15631 JACINTOPORT BLVD. HOUSTON TX 77015
Oxy Oil Partners, Inc. 10 percent owner 5 GREENWAY PLAZA, SUITE 110 HOUSTON TX 77046
Occidental Permian Manager Llc 10 percent owner 5 GREENWAY PLAZA, SUITE 110 HOUSTON TX 77046
Baseball Merger Sub 2, Inc. 10 percent owner 5 GREENWAY PLAZA, SUITE 110 HOUSTON TX 77046
Wgr Asset Holding Co Llc 10 percent owner 1201 LAKE ROBBINS DRIVE THE WOODLANDS TX 77380
Kerr-mcgee Worldwide Corp other: Former 10% Owner 1201 LAKE ROBBINS DRIVE THE WOODLANDS TX 77380
Apc Midstream Holdings, Llc 10 percent owner 1201 LAKE ROBBINS DRIVE THE WOODLANDS TX 77380
Anadarko E&p Onshore Llc other: Former 10% Owner 1201 LAKE ROBBINS DRIVE THE WOODLANDS TX 77380
Western Gas Resources Inc 10 percent owner 1099 18TH STREET, SUITE 1200 DENVER CO 80202-1955
Anadarko Petroleum Corp 10 percent owner 1201 LAKE ROBBINS DR. THE WOODLANDS TX 77380
Occidental Petroleum Corp /de/ 10 percent owner 5 GREENWAY PLAZA SUITE 110 HOUSTON TX 77046
Oxy Usa Inc 10 percent owner 5 GREENWAY PLAZA SUITE 110 HOUSTON TX 77046
Bourne Robert W. officer: SVP & Chief Commercial Officer 1400 16TH STREET SUITE 310 DENVER CO 80202

Western Midstream Partners LP Headlines

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