PAGP (Plains GP Holdings LP) Cyclically Adjusted Revenue per Share: $256.87 (As of Jun. 2026)

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PAGP Plains GP Holdings LP PAGP
77 GF Score
Price $25.17
GF Value $22.31
Valuation Modestly Overvalued
! 8 Warning Signs
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What is Plains GP Holdings LP Cyclically Adjusted Revenue per Share?

Plains GP Holdings LP PAGP +0.02% 77 Cyclically Adjusted Revenue per Share is $256.87 as of Jun. 2026. GuruFocus rates PAGP with a GF Score™ of 77/100 and a GF Value™ of $22.31 (Modestly Overvalued). The stock has 8 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.

Plains GP Holdings LP's adjusted revenue per share for the three months ended in Jun. 2026 was $89.359. 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 $256.87 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Plains GP Holdings LP's average Cyclically Adjusted Revenue Growth Rate was -100.00% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was -12.40% 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 Plains GP Holdings LP was -8.40% per year. The lowest was -12.40% per year. And the median was -10.40% per year.

As of today (2026-08-13), Plains GP Holdings LP's current stock price is $25.17. Plains GP Holdings LP's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was $256.87. Plains GP Holdings LP's Cyclically Adjusted PS Ratio of today is 0.10.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Plains GP Holdings LP was 0.10. The lowest was 0.03. And the median was 0.05.


Plains GP Holdings LP  (NAS:PAGP) 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.

Plains GP Holdings LP's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=25.17/256.87
=0.10

* 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 Plains GP Holdings LP was 0.10. The lowest was 0.03. And the median was 0.05.


Be Aware

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


Plains GP Holdings LP Cyclically Adjusted Revenue per Share Related Terms


Plains GP Holdings LP Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Plains GP Holdings 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.

Plains GP Holdings LP Cyclically Adjusted Revenue per Share Chart

Plains GP Holdings LP Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 325.54 356.30 324.27 250.16 239.54

Plains GP Holdings LP Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 245.99 243.70 239.54 248.06 256.87

PAGP vs HESM, GLNG, INSW: Cyclically Adjusted Revenue per Share Comparison

For the Oil & Gas Midstream subindustry, Plains GP Holdings 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.


Plains GP Holdings LP Cyclically Adjusted PS Ratio vs Oil & Gas Industry

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

* The bar in red indicates where Plains GP Holdings LP's Cyclically Adjusted PS Ratio falls into.


PAGP
77GF Score
Plains GP Holdings LP PAGP
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Plains GP Holdings 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, Plains GP Holdings LP's adjusted Revenue per Share data for the three months ended in Jun. 2026 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=89.359/333.9520*333.9520
=89.359

Current CPI (Jun. 2026) = 333.9520.

Plains GP Holdings LP Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 51.188 241.428 70.805
201612 58.800 241.432 81.333
201703 55.558 243.801 76.102
201706 39.725 244.955 54.158
201709 38.136 246.819 51.599
201712 49.383 246.524 66.896
201803 53.490 249.554 71.580
201806 51.465 251.989 68.205
201809 55.646 252.439 73.614
201812 54.571 251.233 72.539
201903 52.673 254.202 69.198
201906 50.323 256.143 65.610
201909 46.940 256.759 61.052
201912 49.481 256.974 64.303
202003 45.186 258.115 58.462
202006 17.527 257.797 22.705
202009 31.360 260.280 40.236
202012 30.729 260.474 39.397
202103 43.211 264.877 54.480
202106 51.186 271.696 62.915
202109 55.546 274.310 67.623
202112 66.954 278.802 80.198
202203 70.588 287.504 81.992
202206 84.325 296.311 95.037
202209 73.897 296.808 83.145
202212 66.763 296.797 75.121
202303 63.613 301.836 70.382
202306 59.497 305.109 65.121
202309 61.587 307.789 66.822
202312 57.643 306.746 62.755
202403 60.888 312.332 65.103
202406 54.987 314.175 58.448
202409 63.228 315.301 66.968
202412 35.712 315.605 37.788
202503 57.965 319.799 60.530
202506 53.747 322.561 55.645
202509 49.691 324.800 51.091
202512 45.339 324.054 46.724
202603 62.980 330.213 63.693
202606 89.359 333.952 89.359

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 $256.87 mean?
Plains GP Holdings LP (PAGP) has a Cyclically Adjusted Revenue per Share of $256.87 as of Jun. 2026. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on Plains GP Holdings LP and its competitors.
Is Plains GP Holdings LP's Cyclically Adjusted Revenue per Share too high?
Plains GP Holdings LP's current Cyclically Adjusted Revenue per Share is $256.87. Overall, Plains GP Holdings LP has a GF Score™ of 77/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Plains GP Holdings LP's Cyclically Adjusted Revenue per Share compare to HESM and GLNG?
Plains GP Holdings LP's Cyclically Adjusted Revenue per Share of $256.87 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 Plains GP Holdings LP and its competitors. Plains GP Holdings LP's current Cyclically Adjusted Revenue per Share is $256.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Plains GP Holdings LP stock overvalued right now?
Based on GuruFocus' analysis, Plains GP Holdings LP (PAGP) is currently considered Modestly Overvalued. The stock's GF Value™ is $22.31, compared to a current price of $25.17 — trading 12.8% above its estimated fair value. The current Cyclically Adjusted Revenue per Share is $256.87. Plains GP Holdings LP's overall GF Score™ is 77/100 with 8 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 Plains GP Holdings LP (PAGP), the current Cyclically Adjusted Revenue per Share is $256.87 as of Jun. 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 Plains GP Holdings LP (PAGP) Overvalued in 2026?

Based on GuruFocus' analysis, Plains GP Holdings LP stock appears to be overvalued. The current stock price of $25.17 is trading 12.8% above its estimated GF Value™ of $22.31. GuruFocus considers Plains GP Holdings LP to be Modestly Overvalued.

Key valuation signals for PAGP:

  • Cyclically Adjusted Revenue per Share: $256.87
  • GF Value™: $22.31 vs. price of $25.17 (12.8% above fair value)
  • GF Score™: 77/100 with 8 warning signs

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


Plains GP Holdings LP Business Description

Industry EnergyOil & Gas
Address 333 Clay Street, Suite 1600, Houston, TX, USA, 77002
Plains GP Holdings LP owns and operates midstream energy infrastructure and provides logistics services for crude oil, natural gas liquids (NGL), and natural gas. The group manages its operations through two operating segments: Crude Oil segment operations generally consist of gathering and transporting crude oil using pipelines (including gathering systems), trucks, and, at times, on barges or railcars; and NGL segment operations involve NGL storage and terminalling from NGL assets located in the Southwestern United States. It generates the majority of its revenue from the Crude Oil segment. Its geographic markets are the United States and Canada. It generates the majority of its revenue from the United States.
77GF Score

Get the complete analysis for PAGP

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

$25.17
Price
$22.31
GF Value