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Boardwalk Pipeline Partners LP (Boardwalk Pipeline Partners LP) Cyclically Adjusted PS Ratio : 1.91 (As of Apr. 28, 2024)


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What is Boardwalk Pipeline Partners LP Cyclically Adjusted PS Ratio?

As of today (2024-04-28), Boardwalk Pipeline Partners LP's current share price is $12.05. Boardwalk Pipeline Partners LP's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $6.31. Boardwalk Pipeline Partners LP's Cyclically Adjusted PS Ratio for today is 1.91.

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

BWP' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.51   Med: 2.46   Max: 2.99
Current: 1.91

During the past years, Boardwalk Pipeline Partners LP's highest Cyclically Adjusted PS Ratio was 2.99. The lowest was 1.51. And the median was 2.46.

BWP's Cyclically Adjusted PS Ratio is not ranked
in the Oil & Gas industry.
Industry Median: 0.895 vs BWP: 1.91

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.

Boardwalk Pipeline Partners LP's adjusted revenue per share data for the three months ended in Dec. 2023 was $2.034. 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 $6.31 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Boardwalk Pipeline Partners LP Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Boardwalk Pipeline 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.

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Boardwalk Pipeline Partners LP Cyclically Adjusted PS Ratio Chart

Boardwalk Pipeline Partners LP Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PS Ratio
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Boardwalk Pipeline Partners LP Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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Competitive Comparison of Boardwalk Pipeline Partners LP's Cyclically Adjusted PS Ratio

For the Oil & Gas Midstream subindustry, Boardwalk Pipeline 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.


Boardwalk Pipeline Partners LP's Cyclically Adjusted PS Ratio Distribution in the Oil & Gas Industry

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

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



Boardwalk Pipeline 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.

Boardwalk Pipeline Partners LP's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=12.05/6.31
=1.91

* 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.

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

For example, Boardwalk Pipeline 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)
=2.034/129.4194*129.4194
=2.034

Current CPI (Dec. 2023) = 129.4194.

Boardwalk Pipeline Partners LP Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 1.467 99.695 1.904
201406 1.206 100.560 1.552
201409 1.146 100.428 1.477
201412 1.252 99.070 1.636
201503 1.350 99.621 1.754
201506 1.193 100.684 1.533
201509 1.175 100.392 1.515
201512 1.306 99.792 1.694
201603 1.378 100.470 1.775
201606 1.224 101.688 1.558
201609 1.212 101.861 1.540
201612 1.409 101.863 1.790
201703 1.466 102.862 1.844
201706 1.269 103.349 1.589
201709 1.201 104.136 1.493
201712 1.348 104.011 1.677
201803 1.340 105.290 1.647
201806 1.140 106.317 1.388
201809 1.110 106.507 1.349
201812 1.299 105.998 1.586
201903 1.382 107.251 1.668
201906 1.308 108.070 1.566
201909 1.178 108.329 1.407
201912 1.307 108.420 1.560
202003 1.358 108.902 1.614
202006 1.179 108.767 1.403
202009 1.151 109.815 1.356
202012 1.497 109.897 1.763
202103 1.478 111.754 1.712
202106 1.238 114.631 1.398
202109 1.220 115.734 1.364
202112 1.418 117.630 1.560
202203 1.510 121.301 1.611
202206 1.290 125.017 1.335
202209 1.346 125.227 1.391
202212 1.575 125.222 1.628
202303 1.575 127.348 1.601
202306 1.433 128.729 1.441
202309 1.421 129.860 1.416
202312 2.034 129.419 2.034

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.


Boardwalk Pipeline Partners LP  (NYSE:BWP) 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.


Boardwalk Pipeline Partners LP Cyclically Adjusted PS Ratio Related Terms

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


Boardwalk Pipeline Partners LP (Boardwalk Pipeline Partners LP) Business Description

Traded in Other Exchanges
N/A
Address
9 Greenway Plaza, Suite 2800, Houston, TX, USA, 77046
Boardwalk Pipeline Partners LP was formed to acquire and develop natural gas pipelines and storage facilities. The Company operates in only one reportable segment which is the operation of interstate natural gas and NGLs pipeline systems and integrated storage facilities. It serves producers of natural gas, local distribution companies (LDCs), marketers, electric power generators, industrial users and interstate, and intrastate pipelines.
Executives
Stanley C Horton director, officer: President 1400 SMITH STREET, HOUSTON TX 77002
John L Haynes officer: SVP, CCO & Pres, BWFS 9 GREENWAY PLAZA, SUITE 2800 HOUSTON TX 77046
Kenneth I Siegel director 667 MADISON AVENUE, NEW YORK NY 10065
Peter W Keegan director 667 MADISON AVE, NEW YORK NY 10065-8087
Thomas E Hyland director 1 GOVERNORS WAY KENNEBUNK ME 04043
Boardwalk Pipelines Holding Corp. director, 10 percent owner 3800 FREDERICA STREET OWENSBORO KY 42301
Andrew H Tisch director 667 MADISON AVE, NEW YORK NY 10021-8087
Arthur L Rebell director 667 MADISON AVE, NEW YORK NY 10065-8087
Michael E Mcmahon officer: Sr. Vice Pres & Gen. Counsel 20 EAST GREENWAY PLAZA SUITE 900 HOUSTON TX 77046
Brian Cody officer: Senior Vice President 20 EAST GREENWAY PLAZA SUITE 900 HOUSTON TX 77046
Earley John Charles Jr officer: Senior Vice President 20 EAST GREENWAY PLAZA SUITE 900 HOUSTON TX 77046
William R Cordes director 17237 HOWARD PLAZA, OMAHA NE 68118
Steven A Barkauskas officer: VP & Corporate Controller 3800 FREDERICA STREET OWENSBORO KY 42301
Mark L Shapiro director 141 STONE FENCE ROAD, BERNARDSVILLE NJ 07924
Rolf A Gafvert director, officer: Co-President 20 EAST GREENWAY PLAZA, SUITE 900, HOUSTON TX 77046