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Marathon Petroleum (FRA:MPN) Cyclically Adjusted PS Ratio : 0.68 (As of Jan. 18, 2025)


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What is Marathon Petroleum Cyclically Adjusted PS Ratio?

As of today (2025-01-18), Marathon Petroleum's current share price is €147.10. Marathon Petroleum's Cyclically Adjusted Revenue per Share for the quarter that ended in Sep. 2024 was €215.80. Marathon Petroleum's Cyclically Adjusted PS Ratio for today is 0.68.

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

FRA:MPN' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.13   Med: 0.45   Max: 0.96
Current: 0.64

During the past years, Marathon Petroleum's highest Cyclically Adjusted PS Ratio was 0.96. The lowest was 0.13. And the median was 0.45.

FRA:MPN's Cyclically Adjusted PS Ratio is ranked better than
60.29% of 695 companies
in the Oil & Gas industry
Industry Median: 0.94 vs FRA:MPN: 0.64

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.

Marathon Petroleum's adjusted revenue per share data for the three months ended in Sep. 2024 was €95.275. 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 €215.80 for the trailing ten years ended in Sep. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Marathon Petroleum Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Marathon Petroleum'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.

* Premium members only.

Marathon Petroleum Cyclically Adjusted PS Ratio Chart

Marathon Petroleum Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.40 0.27 0.38 0.59 0.67

Marathon Petroleum Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 0.70 0.67 0.88 0.74 0.68

Competitive Comparison of Marathon Petroleum's Cyclically Adjusted PS Ratio

For the Oil & Gas Refining & Marketing subindustry, Marathon Petroleum'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.


Marathon Petroleum's Cyclically Adjusted PS Ratio Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Marathon Petroleum's Cyclically Adjusted PS Ratio falls into.



Marathon Petroleum 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.

Marathon Petroleum's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=147.10/215.8
=0.68

* 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.

Marathon Petroleum's Cyclically Adjusted Revenue per Share for the quarter that ended in Sep. 2024 is calculated as:

For example, Marathon Petroleum's adjusted Revenue per Share data for the three months ended in Sep. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=95.275/133.0289*133.0289
=95.275

Current CPI (Sep. 2024) = 133.0289.

Marathon Petroleum Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201412 32.280 99.070 43.345
201503 28.933 99.621 38.636
201506 33.637 100.684 44.443
201509 30.996 100.392 41.073
201512 26.730 99.792 35.633
201603 21.571 100.470 28.561
201606 28.177 101.688 36.861
201609 27.937 101.861 36.485
201612 30.801 101.863 40.225
201703 28.734 102.862 37.161
201706 31.296 103.349 40.284
201709 31.727 104.136 40.530
201712 36.015 104.011 46.063
201803 31.876 105.290 40.274
201806 41.171 106.317 51.515
201809 43.203 106.507 53.961
201812 27.285 105.998 34.243
201903 37.153 107.251 46.083
201906 44.554 108.070 54.844
201909 37.905 108.329 46.547
201912 38.661 108.420 47.436
202003 31.010 108.902 37.880
202006 16.660 108.767 20.376
202009 22.738 109.815 27.545
202012 22.763 109.897 27.554
202103 29.305 111.754 34.884
202106 37.585 114.631 43.617
202109 43.128 115.734 49.573
202112 51.690 117.630 58.457
202203 60.839 121.301 66.721
202206 94.944 125.017 101.029
202209 93.613 125.227 99.446
202212 80.307 125.222 85.314
202303 72.848 127.348 76.098
202306 80.059 128.729 82.733
202309 96.816 129.860 99.179
202312 88.420 129.419 90.886
202403 83.120 131.776 83.910
202406 100.635 132.554 100.996
202409 95.275 133.029 95.275

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.


Marathon Petroleum  (FRA:MPN) 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.


Marathon Petroleum Cyclically Adjusted PS Ratio Related Terms

Thank you for viewing the detailed overview of Marathon Petroleum's Cyclically Adjusted PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Marathon Petroleum Business Description

Industry
Address
539 South Main Street, Findlay, OH, USA, 45840-3229
Marathon Petroleum is an independent refiner with 13 refineries in the midcontinent, West Coast, and Gulf Coast of the United States with total throughput capacity of 3.0 million barrels per day. Its Dickinson, North Dakota, facility produces 184 million gallons a year of renewable diesel. Its Martinez, California, facility has the ability to produce 730 million gallons a year of renewable diesel. The firm also owns and operates midstream assets primarily through its listed master limited partnership, MPLX.

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