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MMLP (Martin Midstream Partners LP) Cyclically Adjusted Book per Share : $3.72 (As of Mar. 2025)


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What is Martin Midstream 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.

Martin Midstream Partners LP's adjusted book value per share for the three months ended in Mar. 2025 was $-1.834. 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 $3.72 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Martin Midstream Partners LP's average Cyclically Adjusted Book Growth Rate was -33.30% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -22.40% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -18.60% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was -3.30% 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 Martin Midstream Partners LP was 24.70% per year. The lowest was -22.40% per year. And the median was 12.30% per year.

As of today (2025-06-28), Martin Midstream Partners LP's current stock price is $2.98. Martin Midstream Partners LP's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was $3.72. Martin Midstream Partners LP's Cyclically Adjusted PB Ratio of today is 0.80.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Martin Midstream Partners LP was 4.86. The lowest was 0.08. And the median was 0.56.


Martin Midstream Partners LP Cyclically Adjusted Book per Share Historical Data

The historical data trend for Martin Midstream 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.

Martin Midstream Partners LP Cyclically Adjusted Book per Share Chart

Martin Midstream Partners LP Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.25 8.90 7.33 5.83 4.16

Martin Midstream Partners LP Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 5.58 5.16 4.66 4.16 3.72

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

For the Oil & Gas Midstream subindustry, Martin Midstream 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.


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

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

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


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Martin Midstream 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, Martin Midstream Partners LP's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book= Book Value per Share /CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=-1.834/134.9266*134.9266
=-1.834

Current CPI (Mar. 2025) = 134.9266.

Martin Midstream Partners LP Quarterly Data

Book Value per Share CPI Adj_Book
201506 12.652 100.684 16.955
201509 11.833 100.392 15.904
201512 11.109 99.792 15.020
201603 10.635 100.470 14.282
201606 9.699 101.688 12.869
201609 8.769 101.861 11.616
201612 8.801 101.863 11.658
201703 9.186 102.862 12.049
201706 8.704 103.349 11.363
201709 7.774 104.136 10.073
201712 7.758 104.011 10.064
201803 7.456 105.290 9.555
201806 6.778 106.317 8.602
201809 7.298 106.507 9.245
201812 7.390 105.998 9.407
201903 4.211 107.251 5.298
201906 -0.955 108.070 -1.192
201909 -0.859 108.329 -1.070
201912 -0.931 108.420 -1.159
202003 -0.759 108.902 -0.940
202006 -0.870 108.767 -1.079
202009 -1.144 109.815 -1.406
202012 -1.206 109.897 -1.481
202103 -1.143 111.754 -1.380
202106 -1.317 114.631 -1.550
202109 -1.653 115.734 -1.927
202112 -1.238 117.630 -1.420
202203 -0.978 121.301 -1.088
202206 -0.794 125.017 -0.857
202209 -1.524 125.227 -1.642
202212 -1.530 125.222 -1.649
202303 -1.662 127.348 -1.761
202306 -1.638 128.729 -1.717
202309 -1.670 129.860 -1.735
202312 -1.661 129.419 -1.732
202403 -1.577 131.776 -1.615
202406 -1.484 132.554 -1.511
202409 -1.573 133.029 -1.595
202412 -1.806 133.157 -1.830
202503 -1.834 134.927 -1.834

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


Martin Midstream Partners LP  (NAS:MMLP) 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.

Martin Midstream Partners LP's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=2.98/3.72
=0.80

* 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Martin Midstream Partners LP was 4.86. The lowest was 0.08. And the median was 0.56.


Be Aware

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


Martin Midstream Partners LP Cyclically Adjusted Book per Share Related Terms

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


Martin Midstream Partners LP Business Description

Industry
Traded in Other Exchanges
N/A
Address
4200 Stone Road, Kilgore, TX, USA, 75662
Martin Midstream Partners LP has a diverse set of operations focused in the United States Gulf Coast region. The company's business lines include terminalling, processing, storage, and packaging services for petroleum products and by-products including the refining of naphthenic crude oil; land and marine transportation services for petroleum products and by-products, chemicals, and specialty products; sulfur and sulfur-based products processing, manufacturing, marketing and distribution; and natural gas liquids marketing, distribution and transportation services. Company operates in four segment Terminalling and storage, Transportation, Sulfur service and Specialty products segment. Majority of the revenue derived from Specialty products segment.
Executives
Martin Product Sales Llc 10 percent owner 4200 STONE ROAD, KILGORE TX 75662
Randall Tauscher officer: Executive Vice President KANZA OFFICE PARK, 550 NORTH 159TH ST. EAST, WICHITA KS 67230
Sharon L Taylor officer: Chief Financial Officer 4200 B STONE RD, KILGORE TX 75662
Ruben S Martin director, 10 percent owner, officer: President and CEO 4200 STONE RD, KILGORE TX 75662
Robert D Bondurant officer: Executive VP and CFO 4200 STONE ROAD, KILGORE TX 75662
Scot A Shoup officer: Senior VP Operations 2029 S. CHILTON AVE., TYLER TX 75701
Chris H Booth officer: VP/General Counsel/Secretary 4200 STONE ROAD, KILGORE TX 75662
Christopher Michael Reid director 100 W PUTNAM AVENUE, GREENWICH CT 06830
C Scott Massey director 4200 STONE RD, KILGORE TX 75662
James M Collingsworth director 1100 LOUISIANA 10TH FLOOR, HOUSTON TX 77002
Stephen W Martin officer: VP Corporate Development 4200 STONE ROAD, KILGORE TX 75662
Zachary Stanton director 12 ROTON AVE, ROTON AVE, NORWALK CT 06853
Charles H Still director FULBRIGHT & JAWORSKI LLP, 1301 MCKINNEY, SUITE 5100, HOUSTON TX 77010-3095
Wesley M Skelton officer: Executive VP, CA0 & Controller 4200 STONE ROAD, KILGORE TX 75662
Sean P. Dolan director 4200 B STONE ROAD, KILGORE TX 75662