GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Spectra Energy Partners LP (STU:SEZ) » Definitions » Cyclically Adjusted Revenue per Share

Spectra Energy Partners LP (STU:SEZ) Cyclically Adjusted Revenue per Share : €0.00 (As of Sep. 2018)


View and export this data going back to . Start your Free Trial

What is Spectra Energy Partners LP Cyclically Adjusted Revenue 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 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.

Spectra Energy Partners LP's adjusted revenue per share for the three months ended in Sep. 2018 was €1.302. 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 €0.00 for the trailing ten years ended in Sep. 2018.

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.

As of today (2024-06-10), Spectra Energy Partners LP's current stock price is €31.37. Spectra Energy Partners LP's Cyclically Adjusted Revenue per Share for the quarter that ended in Sep. 2018 was €0.00. Spectra Energy Partners LP's Cyclically Adjusted PS Ratio of today is .


Spectra Energy Partners LP Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Spectra Energy 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.

* Premium members only.

Spectra Energy Partners LP Cyclically Adjusted Revenue per Share Chart

Spectra Energy Partners LP Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Spectra Energy Partners LP Quarterly Data
Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18
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 - - - - -

Competitive Comparison of Spectra Energy Partners LP's Cyclically Adjusted Revenue per Share

For the Oil & Gas Midstream subindustry, Spectra Energy 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.


Spectra Energy Partners LP's Cyclically Adjusted PS Ratio Distribution in the Oil & Gas Industry

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

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



Spectra Energy 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, Spectra Energy Partners LP's adjusted Revenue per Share data for the three months ended in Sep. 2018 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Sep. 2018 (Change)*Current CPI (Sep. 2018)
=1.302/106.5067*106.5067
=1.302

Current CPI (Sep. 2018) = 106.5067.

Spectra Energy Partners LP Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
200812 0.348 88.697 0.418
200903 0.387 89.744 0.459
200906 0.398 91.003 0.466
200909 0.425 91.120 0.497
200912 0.444 91.111 0.519
201003 0.463 91.821 0.537
201006 0.483 91.962 0.559
201009 0.466 92.162 0.539
201012 0.462 92.474 0.532
201103 0.409 94.283 0.462
201106 0.330 95.235 0.369
201109 0.399 95.727 0.444
201112 12.658 95.213 14.159
201203 0.487 96.783 0.536
201206 0.486 96.819 0.535
201209 0.461 97.633 0.503
201212 12.120 96.871 13.326
201303 3.407 98.209 3.695
201306 3.453 98.518 3.733
201309 3.270 98.790 3.525
201312 1.336 98.326 1.447
201403 1.479 99.695 1.580
201406 1.366 100.560 1.447
201409 1.504 100.428 1.595
201412 1.652 99.070 1.776
201503 1.898 99.621 2.029
201506 1.815 100.684 1.920
201509 1.812 100.392 1.922
201512 1.986 99.792 2.120
201603 1.966 100.470 2.084
201606 1.846 101.688 1.933
201609 1.841 101.861 1.925
201612 2.041 101.863 2.134
201703 1.934 102.862 2.003
201706 1.832 103.349 1.888
201709 1.870 104.136 1.913
201712 -0.376 104.011 -0.385
201803 1.298 105.290 1.313
201806 1.186 106.317 1.188
201809 1.302 106.507 1.302

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


Spectra Energy Partners LP  (STU:SEZ) 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.


Be Aware

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


Spectra Energy Partners LP Cyclically Adjusted Revenue per Share Related Terms

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


Spectra Energy Partners LP (STU:SEZ) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Spectra Energy Partners is a master limited partnership that is majority owned by its general partner and corporate parent, Enbridge, a Canadian energy company. SEP owns more than 15,000 miles of natural gas and oil pipelines in the U.S. and Canada. It also owns 170 billion cubic feet of gas storage and 5.6 million barrels of crude oil storage, as well as gas- and oil-gathering facilities.

Spectra Energy Partners LP (STU:SEZ) Headlines

No Headlines