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Brookfield Infrastructure Partners LP (Brookfield Infrastructure Partners LP) Cyclically Adjusted PS Ratio : 1.45 (As of Apr. 27, 2024)


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What is Brookfield Infrastructure Partners LP Cyclically Adjusted PS Ratio?

As of today (2024-04-27), Brookfield Infrastructure Partners LP's current share price is $27.14. Brookfield Infrastructure Partners LP's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $18.67. Brookfield Infrastructure Partners LP's Cyclically Adjusted PS Ratio for today is 1.45.

The historical rank and industry rank for Brookfield Infrastructure Partners LP's Cyclically Adjusted PS Ratio or its related term are showing as below:

BIP' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.26   Med: 3.91   Max: 6.77
Current: 1.51

During the past years, Brookfield Infrastructure Partners LP's highest Cyclically Adjusted PS Ratio was 6.77. The lowest was 1.26. And the median was 3.91.

BIP's Cyclically Adjusted PS Ratio is ranked worse than
57.86% of 439 companies
in the Utilities - Regulated industry
Industry Median: 1.27 vs BIP: 1.51

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.

Brookfield Infrastructure Partners LP's adjusted revenue per share data for the three months ended in Dec. 2023 was $10.762. 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 $18.67 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Brookfield Infrastructure Partners LP Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Brookfield Infrastructure Partners LP'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.

Brookfield Infrastructure Partners LP Cyclically Adjusted PS Ratio Chart

Brookfield Infrastructure Partners LP 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 4.38 3.70 3.40 2.14 1.69

Brookfield Infrastructure Partners LP Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 2.14 2.18 2.18 1.69 1.69

Competitive Comparison of Brookfield Infrastructure Partners LP's Cyclically Adjusted PS Ratio

For the Utilities - Diversified subindustry, Brookfield Infrastructure 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.


Brookfield Infrastructure Partners LP's Cyclically Adjusted PS Ratio Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Brookfield Infrastructure Partners LP's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Brookfield Infrastructure Partners LP 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.

Brookfield Infrastructure Partners LP's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=27.14/18.67
=1.45

* 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.

Brookfield Infrastructure Partners LP's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Brookfield Infrastructure Partners LP's adjusted Revenue per Share data for the three months ended in Dec. 2023 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=10.762/129.4194*129.4194
=10.762

Current CPI (Dec. 2023) = 129.4194.

Brookfield Infrastructure Partners LP Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 1.419 99.695 1.842
201406 1.443 100.560 1.857
201409 1.452 100.428 1.871
201412 1.376 99.070 1.798
201503 1.378 99.621 1.790
201506 1.282 100.684 1.648
201509 1.276 100.392 1.645
201512 1.247 99.792 1.617
201603 1.245 100.470 1.604
201606 1.266 101.688 1.611
201609 1.430 101.861 1.817
201612 1.813 101.863 2.303
201703 1.685 102.862 2.120
201706 2.399 103.349 3.004
201709 2.440 104.136 3.032
201712 2.372 104.011 2.951
201803 2.442 105.290 3.002
201806 2.515 106.317 3.062
201809 2.811 106.507 3.416
201812 3.431 105.998 4.189
201903 3.819 107.251 4.608
201906 4.016 108.070 4.809
201909 3.813 108.329 4.555
201912 3.757 108.420 4.485
202003 4.986 108.902 5.925
202006 4.402 108.767 5.238
202009 4.987 109.815 5.877
202012 5.718 109.897 6.734
202103 6.055 111.754 7.012
202106 6.007 114.631 6.782
202109 6.628 115.734 7.412
202112 7.223 117.630 7.947
202203 7.449 121.301 7.948
202206 8.037 125.017 8.320
202209 7.916 125.227 8.181
202212 8.089 125.222 8.360
202303 9.202 127.348 9.352
202306 9.278 128.729 9.328
202309 9.780 129.860 9.747
202312 10.762 129.419 10.762

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.


Brookfield Infrastructure Partners LP  (NYSE:BIP) 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.


Brookfield Infrastructure Partners LP Cyclically Adjusted PS Ratio Related Terms

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


Brookfield Infrastructure Partners LP (Brookfield Infrastructure Partners LP) Business Description

Address
73 Front Street, 5th Floor, Hamilton, BMU, HM12
Brookfield Infrastructure Partners LP is a Bermuda exempted limited partnership that owns and operates quality, long-life assets that generate stable cash flows, by virtue of barriers to entry or other characteristics tend to appreciate in value over time. It focuses on acquiring infrastructure assets that have low maintenance capital costs and high barriers to entry. The company's segments consist of Utilities, Transport, Midstream, and Data. Geographically, it generates maximum revenue from Canada and also has a presence in Australia, Colombia, United Kingdom, Brazil, United States of America, Chile, Peru and other countries.