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FGPR (Ferrellgas Partners LP) Cyclically Adjusted Book per Share : $-158.81 (As of Jan. 2025)


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What is Ferrellgas Partners LP Cyclically Adjusted Book per Share?

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. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

Ferrellgas Partners LP's adjusted book value per share for the three months ended in Jan. 2025 was $-58.765. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is $-158.81 for the trailing ten years ended in Jan. 2025.

During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -12.10% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -21.10% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Ferrellgas Partners LP was 13.40% per year. The lowest was -151.50% per year. And the median was -6.70% per year.

As of today (2025-04-14), Ferrellgas Partners LP's current stock price is $9.80. Ferrellgas Partners LP's Cyclically Adjusted Book per Share for the quarter that ended in Jan. 2025 was $-158.81. Ferrellgas Partners LP's Cyclically Adjusted PB Ratio of today is .

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Ferrellgas Partners LP was 36.02. The lowest was 7.15. And the median was 12.16.


Ferrellgas Partners LP Cyclically Adjusted Book per Share Historical Data

The historical data trend for Ferrellgas Partners LP's Cyclically Adjusted Book per Share 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.

Ferrellgas Partners LP Cyclically Adjusted Book per Share Chart

Ferrellgas Partners LP Annual Data
Trend Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -86.23 -110.70 -129.27 -143.45 -156.14

Ferrellgas Partners LP Quarterly Data
Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25
Cyclically Adjusted Book per Share 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 -149.96 -155.39 -156.14 -157.40 -158.81

Competitive Comparison of Ferrellgas Partners LP's Cyclically Adjusted Book per Share

For the Oil & Gas Refining & Marketing subindustry, Ferrellgas Partners LP's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB 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.


Ferrellgas Partners LP's Cyclically Adjusted PB Ratio Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Ferrellgas Partners LP's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Ferrellgas Partners LP's Cyclically Adjusted PB Ratio falls into.


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Ferrellgas Partners LP Cyclically Adjusted Book per Share Calculation

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. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted Book per Share.

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.

For example, Ferrellgas Partners LP's adjusted Book Value per Share data for the three months ended in Jan. 2025 was:

Adj_Book= Book Value per Share /CPI of Jan. 2025 (Change)*Current CPI (Jan. 2025)
=-58.765/134.0288*134.0288
=-58.765

Current CPI (Jan. 2025) = 134.0288.

Ferrellgas Partners LP Quarterly Data

Book Value per Share CPI Adj_Book
201504 -25.194 99.824 -33.827
201507 40.597 100.691 54.038
201510 18.682 100.346 24.953
201601 10.555 99.957 14.153
201604 10.449 100.947 13.873
201607 -132.052 101.524 -174.332
201610 -152.617 101.988 -200.564
201701 -142.692 102.456 -186.663
201704 -144.127 103.167 -187.241
201707 -155.121 103.278 -201.308
201710 -162.427 104.070 -209.186
201801 -165.772 104.578 -212.457
201804 -166.369 105.708 -210.942
201807 -211.565 106.324 -266.692
201810 -227.327 106.695 -285.565
201901 -221.528 106.200 -279.578
201904 -215.629 107.818 -268.048
201907 -232.860 108.250 -288.314
201910 -243.565 108.577 -300.660
202001 -234.033 108.841 -288.193
202004 -236.524 108.173 -293.058
202007 -247.024 109.318 -302.864
202010 -254.748 109.861 -310.790
202101 -235.759 110.364 -286.311
202104 -135.286 112.673 -160.928
202107 -26.594 115.183 -30.945
202110 -30.637 116.696 -35.188
202201 -129.062 118.619 -145.828
202204 -122.891 121.978 -135.032
202207 -37.167 125.002 -39.851
202210 -154.073 125.734 -164.237
202301 -140.584 126.223 -149.278
202304 -138.895 127.992 -145.446
202307 -39.014 128.974 -40.543
202310 -151.815 129.810 -156.749
202401 -136.084 130.124 -140.167
202404 -147.241 132.289 -149.177
202407 -47.197 132.708 -47.667
202410 -72.729 133.182 -73.191
202501 -58.765 134.029 -58.765

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.


Ferrellgas Partners LP  (OTCPK:FGPR) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Ferrellgas Partners LP was 36.02. The lowest was 7.15. And the median was 12.16.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


Ferrellgas Partners LP Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of Ferrellgas Partners LP's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Ferrellgas Partners LP Business Description

Industry
Traded in Other Exchanges
Address
One Liberty Plaza, Liberty, MO, USA, 64068
Ferrellgas Partners LP operates as a propane distributor. Its operations include the distribution and sale of propane and related equipment and supplies within the Midwest, Southeast, Southwest, and Northwest regions of the United States. The firm caters to residential, industrial, commercial, portable tank exchange, agricultural, wholesale and other, customers. Ferrellgas earns revenue through the distribution of propane, as well as through the sale of propane related equipment and supplies.
Executives
Allen G Jones officer: VP Legal & General Counsel C/O FERRELLGAS, INC., ONE LIBERTY PLAZA, LIBERTY MO 64068
Joe Eby director 13795 S. MUR-LEN RD, STE. 301, OLATHE MO 66062
Michael E Cole officer: Chief Financial Officer C/O FERRELLGAS, INC., ONE LIBERTY PLAZA, LIBERTY MO 64068
Dhiraj Cherian officer: Chief Financial Officer C/O FERRELLGAS, INC., ONE LIBERTY PLAZA, LIBERTY MO 64068
Edward Newberry director C/O FERRELLGAS, INC., ONE LIBERTY PLAZA, LIBERTY MO 64068
Ares Management Holdings L.p. director 2000 AVENUE OF THE STARS, 12TH FL, LOS ANGELES CA 90067
Craig Snyder director 2000 AVENUE OF THE STARS, 12TH FLOOR, LOS ANGELES CA 90067
Ares Management Corp director 2000 AVE OF THE STARS, 12TH FLOOR, LOS ANGELES CA 90067
Carney Hawks director C/O EXTRACTION OIL & GAS, 370 17TH STREET, SUITE 5300, DENVER CO 80202
Ares Management Llc director 2000 AVENUE OF THE STARS, 12TH FLOOR, LOS ANGELES CA 90067
Ares Voting Llc director C/O ARES MGMT, 2000 AVE OF THE STARS, 12TH FLOOR, LOS ANGELES CA 90067
Ares Holdco Llc director 2000 AVENUE OF THE STARS, 12TH FLOOR, LOS ANGELES CA 90067
Ares Management Gp Llc director 2000 AVENUE OF THE STARS, 12TH FLOOR, LOS ANGELES CA 90067
Ares Partners Holdco Llc director 2000 AVENUE OF THE STARS, 12TH FLOOR, LOS ANGELES CA 90067
Brian Herrmann officer: Interim CFO ONE LIBERTY PLAZA, LIBERTY MO 64068