FGPR (Ferrellgas Partners LP) Cyclically Adjusted Revenue per Share: $458.22 (As of Apr. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

FGPR Ferrellgas Partners LP FGPR
39 GF Score
Price $23.04
GF Value $9.33
Valuation Significantly Overvalued
! 7 Warning Signs
View Full Analysis

What is Ferrellgas Partners LP Cyclically Adjusted Revenue per Share?

Ferrellgas Partners LP FGPR +0.12% 39 Cyclically Adjusted Revenue per Share is $458.22 as of Apr. 2026. GuruFocus rates FGPR with a GF Score™ of 39/100 and a GF Value™ of $9.33 (Significantly Overvalued). The stock has 7 warning signs investors should review.

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 Revenue per Share and 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 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 the count will get our Cyclically Adjusted Revenue per Share, which is $458.22 for the trailing ten years ended in Apr. 2026.

During the past 12 months, Ferrellgas Partners LP's average Cyclically Adjusted Revenue Growth Rate was -1.20% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was -3.20% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was -2.20% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was -3.40% 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 Revenue Growth Rate using Cyclically Adjusted Revenue per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Revenue Growth Rate of Ferrellgas Partners LP was 4.90% per year. The lowest was -5.20% per year. And the median was -1.90% per year.

As of today (2026-08-19), Ferrellgas Partners LP's current stock price is $23.037174. 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 of today is 0.05.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Ferrellgas Partners LP was 0.65. The lowest was 0.01. And the median was 0.03.


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

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

For the Cyclically Adjusted PS Ratio, the revenue per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/S calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PS Ratio is also called CAPS 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 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 Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=23.037174/458.22
=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.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Ferrellgas Partners LP was 0.65. The lowest was 0.01. And the median was 0.03.


Be Aware

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


Ferrellgas Partners LP Cyclically Adjusted Revenue per Share Related Terms


Ferrellgas Partners LP Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

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

Ferrellgas Partners LP Cyclically Adjusted Revenue per Share Chart

Ferrellgas Partners LP Annual Data
Trend Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24 Jul25
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 502.96 510.73 503.38 475.36 462.71

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 Revenue 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 463.76 462.71 459.71 455.43 458.22

FGPR vs SGU, CLNE, BDCO: Cyclically Adjusted Revenue per Share 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 Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ferrellgas Partners LP Cyclically Adjusted Revenue 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 Revenue per Share and 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.

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

Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue 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 Revenue per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the revenue per share from 2001 through 2010.

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

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.

What does a Cyclically Adjusted Revenue per Share of $458.22 mean?
Ferrellgas Partners LP (FGPR) has a Cyclically Adjusted Revenue per Share of $458.22 as of Apr. 2026. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on Ferrellgas Partners LP and its competitors.
Is Ferrellgas Partners LP's Cyclically Adjusted Revenue per Share too high?
Ferrellgas Partners LP's current Cyclically Adjusted Revenue per Share is $458.22. 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 Revenue per Share compare to SGU and CLNE?
Ferrellgas Partners LP's Cyclically Adjusted Revenue per Share of $458.22 can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Revenue per Share for an Oil & Gas company?
A good Cyclically Adjusted Revenue per Share depends on the Oil & Gas industry context. However, Cyclically Adjusted Revenue per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Revenue per Share mean?
A high Cyclically Adjusted Revenue per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on Ferrellgas Partners LP and its competitors. Ferrellgas Partners LP's current Cyclically Adjusted Revenue per Share is $458.22. 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 $23.04 — trading 146.9% above its estimated fair value. The current Cyclically Adjusted Revenue per Share is $458.22. 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 Revenue per Share calculated?
Cyclically Adjusted Revenue per Share is calculated from a company's financial statements. For Ferrellgas Partners LP (FGPR), the current Cyclically Adjusted Revenue per Share is $458.22 as of Apr. 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 $23.04 is trading 146.9% above its estimated GF Value™ of $9.33. GuruFocus considers Ferrellgas Partners LP to be Significantly Overvalued.

Key valuation signals for FGPR:

  • Cyclically Adjusted Revenue per Share: $458.22
  • GF Value™: $9.33 vs. price of $23.04 (146.9% above fair value)
  • GF Score™: 39/100 with 7 warning signs

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 Revenue per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$23.04
Price
$9.33
GF Value