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EPD (Enterprise Products Partners LP) Cyclically Adjusted PB Ratio : 2.29 (As of Jun. 30, 2025)


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What is Enterprise Products Partners LP Cyclically Adjusted PB Ratio?

As of today (2025-06-30), Enterprise Products Partners LP's current share price is $31.01. Enterprise Products Partners LP's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was $13.52. Enterprise Products Partners LP's Cyclically Adjusted PB Ratio for today is 2.29.

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

EPD' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.43   Med: 2.41   Max: 3.81
Current: 2.3

During the past years, Enterprise Products Partners LP's highest Cyclically Adjusted PB Ratio was 3.81. The lowest was 1.43. And the median was 2.41.

EPD's Cyclically Adjusted PB Ratio is ranked worse than
79.52% of 786 companies
in the Oil & Gas industry
Industry Median: 0.97 vs EPD: 2.30

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 PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

Enterprise Products Partners LP's adjusted book value per share data for the three months ended in Mar. 2025 was $13.332. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is $13.52 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Enterprise Products Partners LP Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Enterprise Products Partners LP's Cyclically Adjusted PB 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.

Enterprise Products Partners LP Cyclically Adjusted PB Ratio Chart

Enterprise Products Partners LP Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.94 1.97 1.98 2.06 2.35

Enterprise Products Partners LP Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Cyclically Adjusted PB 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 2.23 2.19 2.19 2.35 2.53

Competitive Comparison of Enterprise Products Partners LP's Cyclically Adjusted PB Ratio

For the Oil & Gas Midstream subindustry, Enterprise Products Partners LP's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB 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.


Enterprise Products Partners LP's Cyclically Adjusted PB Ratio Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Enterprise Products Partners LP's Cyclically Adjusted PB Ratio falls into.


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Enterprise Products Partners LP Cyclically Adjusted PB Ratio Calculation

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

Enterprise Products Partners LP's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=31.01/13.52
=2.29

* 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.

Enterprise Products Partners LP's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Enterprise Products Partners LP's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book=Book Value per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=13.332/134.9266*134.9266
=13.332

Current CPI (Mar. 2025) = 134.9266.

Enterprise Products Partners LP Quarterly Data

Book Value per Share CPI Adj_Book
201506 10.047 100.684 13.464
201509 10.052 100.392 13.510
201512 10.084 99.792 13.634
201603 10.277 100.470 13.801
201606 10.383 101.688 13.777
201609 10.376 101.861 13.744
201612 10.411 101.863 13.790
201703 10.569 102.862 13.864
201706 10.549 103.349 13.772
201709 10.373 104.136 13.440
201712 10.433 104.011 13.534
201803 10.479 105.290 13.429
201806 10.419 106.317 13.223
201809 10.571 106.507 13.392
201812 10.918 105.998 13.898
201903 10.993 107.251 13.830
201906 11.165 108.070 13.940
201909 11.190 108.329 13.937
201912 11.312 108.420 14.078
202003 11.461 108.902 14.200
202006 11.381 108.767 14.118
202009 11.469 109.815 14.092
202012 11.137 109.897 13.674
202103 11.437 111.754 13.808
202106 11.336 114.631 13.343
202109 11.421 115.734 13.315
202112 11.638 117.630 13.349
202203 11.719 121.301 13.035
202206 11.877 125.017 12.818
202209 12.106 125.227 13.044
202212 12.264 125.222 13.214
202303 12.319 127.348 13.052
202306 12.410 128.729 13.008
202309 12.501 129.860 12.989
202312 12.763 129.419 13.306
202403 12.745 131.776 13.050
202406 12.896 132.554 13.127
202409 13.078 133.029 13.265
202412 13.267 133.157 13.443
202503 13.332 134.927 13.332

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book 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.


Enterprise Products Partners LP  (NYSE:EPD) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value 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 PB Ratio should give similar results to regular PB Ratio.


Enterprise Products Partners LP Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of Enterprise Products Partners LP's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Enterprise Products Partners LP Business Description

Traded in Other Exchanges
Address
1100 Louisiana Street, 10th Floor, Houston, TX, USA, 77002
Enterprise Products Partners is a master limited partnership that transports and processes natural gas, natural gas liquids, crude oil, refined products, and petrochemicals. It is one of the largest midstream companies, with operations servicing most producing regions in the continental US. Enterprise is particularly dominant in the NGL market and is one of the few MLPs that provide midstream services across the full hydrocarbon value chain.
Executives
Aj Teague officer: Executive Vice President 1100 LOUISIANA 10TH FLOOR, HOUSTON TX 77002
John R Rutherford director 1100 LOUISIANA STREET, 10TH FLOOR, HOUSTON TX 77002
William C Montgomery director C/O APACHE CORPORATION, 2000 POST OAK BLVD., SUITE 100, HOUSTON TX 77056
Rebecca G. Followill director 1100 LOUISIANA STREET, HOUSTON TX 77002
Carin Marcy Barth director
Randa Duncan Williams 10 percent owner 1100 LOUISIANA 10TH FLOOR, HOUSTON TX 77002
Graham W. Bacon officer: Group Senior Vice President 1100 LOUISIANA STREET, HOUSTON TX 77002
Richard H Bachmann director, officer: Executive VP & CLO 1100 LOUISIANA 10TH FLOOR, HOUSTON TX 77002
W Randall Fowler director, officer: Sr. Vice President & Treasurer 1100 LOUISIANA 10TH FLOOR, HOUSTON TX 77002
Robert D Sanders officer: EVP, Asset Optimization 1100 LOUISIANA, SUITE 1000, HOUSTON TX 77002
Christian M. Nelly officer: EVP-Finance and Treasurer 1100 LOUISIANA STREET, HOUSTON TX 77002
Murray E Brasseux director 17 SOUTH BRIAR HOLLOW LANE, HOUSTON TX 77027
James T Hackett director C/O FLUOR CORPORATION, 6700 LAS COLINAS BLVD, IRVING TX 75039
Edwin E Smith director 1100 LOUISIANA 10TH FLOOR, HOUSTON TX 77002
Brent B. Secrest officer: Senior Vice President 1100 LOUISIANA STREET, HOUSTON TX 77002