FGPR (Ferrellgas Partners LP) Cyclically Adjusted PS Ratio: 0.05 (As of Aug. 19, 2026) — 67% Above Median

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FGPR Ferrellgas Partners LP FGPR
39 GF Score
Price $22.11
GF Value $9.33
Valuation Significantly Overvalued
! 7 Warning Signs
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What is Ferrellgas Partners LP Cyclically Adjusted PS Ratio?

Ferrellgas Partners LP FGPR -3.91% 39 Cyclically Adjusted PS Ratio is 0.05 as of Aug. 19, 2026, which is 67% above its 10-year median of 0.03. GuruFocus rates FGPR with a GF Scoreâ„¢ of 39/100 and a GF Valueâ„¢ of $9.33 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 715 Oil & Gas companies, Ferrellgas Partners LP ranks better than 96.5% on this metric.

As of today (2026-08-19), Ferrellgas Partners LP's current share price is $22.11. Ferrellgas Partners LP's Cyclically Adjusted Revenue per Share for the quarter that ended in Apr. 2026 was $458.22. Ferrellgas Partners LP's Cyclically Adjusted PS Ratio for today is 0.05.

The historical rank and industry rank for Ferrellgas Partners LP's Cyclically Adjusted PS Ratio or its related term are showing as below:

FGPR' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.01   Med: 0.03   Max: 0.65
Current: 0.05

During the past years, Ferrellgas Partners LP's highest Cyclically Adjusted PS Ratio was 0.65. The lowest was 0.01. And the median was 0.03.

FGPR's Cyclically Adjusted PS Ratio is ranked better than
96.5% of 715 companies
in the Oil & Gas industry
Industry Median: 1.05 vs FGPR: 0.05

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 PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

Ferrellgas Partners LP's adjusted revenue per share data for the three months ended in Apr. 2026 was $63.838. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is $458.22 for the trailing ten years ended in Apr. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ferrellgas Partners LP  (OTCPK:FGPR) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PS Ratio should give similar results to regular PS Ratio.


Ferrellgas Partners LP Cyclically Adjusted PS Ratio Related Terms


Ferrellgas Partners LP Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Ferrellgas Partners LP's Cyclically Adjusted PS 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.

Ferrellgas Partners LP Cyclically Adjusted PS Ratio Chart

Ferrellgas Partners LP Annual Data
Trend Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24 Jul25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.04 0.02 0.02 0.02 0.03

Ferrellgas Partners LP Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
Cyclically Adjusted PS 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 0.02 0.03 0.04 0.04 0.06

FGPR vs SGU, CLNE, BDCO: Cyclically Adjusted PS Ratio Comparison

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

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

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


FGPR
39GF Score
Ferrellgas Partners LP FGPR
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ferrellgas Partners LP Cyclically Adjusted PS Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PS Ratio takes the Revenue per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/S calculation. Because it considers this 10-year average, it's often referred to as the CAPS Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio.

Ferrellgas Partners LP's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=22.11/458.22
=0.05

* 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.

Ferrellgas Partners LP's Cyclically Adjusted Revenue per Share for the quarter that ended in Apr. 2026 is calculated as:

For example, Ferrellgas Partners LP's adjusted Revenue per Share data for the three months ended in Apr. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Apr. 2026 (Change)*Current CPI (Apr. 2026)
=63.838/333.0200*333.0200
=63.838

Current CPI (Apr. 2026) = 333.0200.

Ferrellgas Partners LP Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201607 83.574 240.628 115.663
201610 77.887 241.729 107.302
201701 119.236 242.839 163.516
201704 110.768 244.524 150.856
201707 89.209 244.786 121.365
201710 93.589 246.663 126.355
201801 155.446 247.867 208.848
201804 106.177 250.546 141.128
201807 71.536 252.006 94.533
201810 72.521 252.885 95.502
201901 118.027 251.712 156.152
201904 98.729 255.548 128.660
201907 57.460 256.571 74.581
201910 60.357 257.346 78.105
202001 105.153 257.971 135.744
202004 84.835 256.389 110.191
202007 57.976 259.101 74.516
202010 61.938 260.388 79.215
202101 113.948 261.582 145.067
202104 116.247 267.054 144.962
202107 68.984 273.003 84.149
202110 81.207 276.589 97.775
202201 140.992 281.148 167.005
202204 133.294 289.109 153.539
202207 62.935 296.276 70.740
202210 85.074 298.012 95.068
202301 140.787 299.170 156.717
202304 120.903 303.363 132.723
202307 70.376 305.691 76.668
202310 76.372 307.671 82.664
202401 125.541 308.417 135.556
202404 106.170 313.548 112.763
202407 70.081 314.540 74.198
202410 74.945 315.664 79.066
202501 137.871 317.671 144.533
202504 115.448 320.795 119.848
202507 70.735 323.048 72.918
202510 73.114 0.000
202601 132.033 325.252 135.186
202604 63.838 333.020 63.838

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue 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.

What does a Cyclically Adjusted PS Ratio of 0.05 mean?
Ferrellgas Partners LP (FGPR) has a Cyclically Adjusted PS Ratio of 0.05 as of Aug. 19, 2026. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Ferrellgas Partners LP and its competitors. This is 67% above median its historical median of 0.03. Over the past decade, Ferrellgas Partners LP's Cyclically Adjusted PS Ratio has ranged from 0.01 to 0.65. According to the industry distribution chart, Ferrellgas Partners LP ranks #25 out of 715 companies in the Oil & Gas industry, placing it in the top 3.5%.
Is Ferrellgas Partners LP's Cyclically Adjusted PS Ratio too high?
Ferrellgas Partners LP's current Cyclically Adjusted PS Ratio of 0.05 is 67% above median its 10-year median of 0.03. Over the past 10 years, this metric has ranged from a low of 0.01 to a high of 0.65. The Oil & Gas industry median Cyclically Adjusted PS Ratio is 1.05. Ferrellgas Partners LP's value of 0.05 is 95.2% below this industry median. Based on the distribution chart, Ferrellgas Partners LP ranks #25 out of 715 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, Ferrellgas Partners LP has a GF Score™ of 39/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ferrellgas Partners LP's Cyclically Adjusted PS Ratio compare to SGU and CLNE?
According to the Oil & Gas industry distribution chart, Ferrellgas Partners LP ranks #25 out of 715 companies for Cyclically Adjusted PS Ratio. This places Ferrellgas Partners LP in the top 4% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 1.05. Ferrellgas Partners LP's value of 0.05 is 95.2% below this benchmark. Historically, Ferrellgas Partners LP's own Cyclically Adjusted PS Ratio has ranged from 0.01 to 0.65 over the past decade. While the company's 10-year median is 0.03 vs. the industry median of 1.05, Ferrellgas Partners LP has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PS Ratio for an Oil & Gas company?
The median Cyclically Adjusted PS Ratio among Oil & Gas companies is 1.05, based on 715 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PS Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PS Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Ferrellgas Partners LP's current Cyclically Adjusted PS Ratio of 0.05 is 95.2% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PS Ratio mean?
A high Cyclically Adjusted PS Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Ferrellgas Partners LP and its competitors. For the Oil & Gas industry, the median Cyclically Adjusted PS Ratio is 1.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ferrellgas Partners LP's current Cyclically Adjusted PS Ratio is 0.05, which is 67% above median its own 10-year median of 0.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ferrellgas Partners LP stock overvalued right now?
Based on GuruFocus' analysis, Ferrellgas Partners LP (FGPR) is currently considered Significantly Overvalued. The stock's GF Value™ is $9.33, compared to a current price of $22.11 — trading 137% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.05, which is 67% above median its 10-year median of 0.03 and 95.2% below the Oil & Gas industry median of 1.05. Ferrellgas Partners LP's overall GF Score™ is 39/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PS Ratio calculated?
Cyclically Adjusted PS Ratio is calculated from a company's financial statements. For Ferrellgas Partners LP (FGPR), the current Cyclically Adjusted PS Ratio is 0.05 as of Aug. 19, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Ferrellgas Partners LP (FGPR) Overvalued in 2026?

Based on GuruFocus' analysis, Ferrellgas Partners LP stock appears to be overvalued. The current stock price of $22.11 is trading 137% above its estimated GF Value™ of $9.33. GuruFocus considers Ferrellgas Partners LP to be Significantly Overvalued.

Key valuation signals for FGPR:

  • Cyclically Adjusted PS Ratio: 0.05 (67% above median its 10-year median of 0.03)
  • GF Value™: $9.33 vs. price of $22.11 (137% above fair value)
  • GF Score™: 39/100 with 7 warning signs
  • Industry Position: 95.2% below the Oil & Gas median (#25 of 715)

No single metric tells the full story. See the FGPR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ferrellgas Partners LP Business Description

Industry EnergyOil & Gas
Address One Liberty Plaza, Liberty, MO, USA, 64068
Ferrellgas Partners LP distributes propane and related equipment to a wide mix of customers, including residential, commercial, agricultural, wholesale, and portable tank exchange segments. The company provides propane delivery and tank exchange services under several brands and sells related appliances, parts, and fittings. Ferrellgas operates all over the United States, the District of Columbia, and Puerto Rico, with sales concentrated in various regions across the United States. The majority of its revenue comes from the sales of Propane and other gas liquids to End Users and Resellers.
39GF Score

Get the complete analysis for FGPR

Cyclically Adjusted PS Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$22.11
Price
$9.33
GF Value