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Ferrellgas Partners LP (Ferrellgas Partners LP) Cyclically Adjusted PS Ratio : 0.03 (As of May. 15, 2024)


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What is Ferrellgas Partners LP Cyclically Adjusted PS Ratio?

As of today (2024-05-15), Ferrellgas Partners LP's current share price is $16.43. Ferrellgas Partners LP's Cyclically Adjusted Revenue per Share for the quarter that ended in Jan. 2024 was $484.42. Ferrellgas Partners LP's Cyclically Adjusted PS Ratio for today is 0.03.

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

FGPR' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.01   Med: 0.05   Max: 0.85
Current: 0.03

During the past years, Ferrellgas Partners LP's highest Cyclically Adjusted PS Ratio was 0.85. The lowest was 0.01. And the median was 0.05.

FGPR's Cyclically Adjusted PS Ratio is ranked better than
97.36% of 757 companies
in the Oil & Gas industry
Industry Median: 0.88 vs FGPR: 0.03

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.

Ferrellgas Partners LP's adjusted revenue per share data for the three months ended in Jan. 2024 was $125.541. 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 $484.42 for the trailing ten years ended in Jan. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ferrellgas Partners LP Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Ferrellgas 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.

Ferrellgas Partners LP Cyclically Adjusted PS Ratio Chart

Ferrellgas Partners LP Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.03 0.02 0.04 0.02 0.02

Ferrellgas Partners LP Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 0.02 0.02 0.02 0.02 0.02

Competitive Comparison of Ferrellgas Partners LP's Cyclically Adjusted PS Ratio

For the Oil & Gas Refining & Marketing subindustry, Ferrellgas 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.


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

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

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



Ferrellgas 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=16.43/484.42
=0.03

* 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.

Ferrellgas Partners LP's Cyclically Adjusted Revenue per Share for the quarter that ended in Jan. 2024 is calculated as:

For example, Ferrellgas Partners LP's adjusted Revenue per Share data for the three months ended in Jan. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jan. 2024 (Change)*Current CPI (Jan. 2024)
=125.541/129.4194*129.4194
=125.541

Current CPI (Jan. 2024) = 129.4194.

Ferrellgas Partners LP Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201404 182.399 100.023 236.005
201407 98.235 100.520 126.477
201410 107.899 100.176 139.398
201501 161.019 98.604 211.341
201504 128.760 99.824 166.935
201507 84.087 100.691 108.078
201510 93.872 100.346 121.069
201601 132.039 99.957 170.957
201604 103.974 100.947 133.300
201607 83.574 101.524 106.538
201610 77.887 101.988 98.836
201701 119.236 102.456 150.615
201704 110.768 103.167 138.954
201707 89.209 103.278 111.790
201710 93.589 104.070 116.386
201801 155.446 104.578 192.371
201804 106.177 105.708 129.994
201807 71.536 106.324 87.075
201810 72.521 106.695 87.967
201901 118.027 106.200 143.832
201904 98.729 107.818 118.509
201907 57.460 108.250 68.697
201910 60.357 108.577 71.943
202001 105.153 108.841 125.034
202004 84.835 108.173 101.497
202007 57.976 109.318 68.637
202010 61.938 109.861 72.965
202101 113.948 110.364 133.622
202104 116.247 112.673 133.525
202107 68.984 115.183 77.510
202110 81.207 116.696 90.061
202201 140.992 118.619 153.829
202204 133.294 121.978 141.426
202207 79.776 125.002 82.595
202210 85.074 125.734 87.567
202301 140.787 126.223 144.352
202304 120.903 127.992 122.251
202307 70.376 128.974 70.619
202310 76.372 129.810 76.142
202401 125.541 129.419 125.541

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.


Ferrellgas Partners LP  (OTCPK:FGPR) 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.


Ferrellgas Partners LP Cyclically Adjusted PS Ratio Related Terms

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


Ferrellgas Partners LP (Ferrellgas Partners LP) Business Description

Industry
Traded in Other Exchanges
Address
One Liberty Plaza, Liberty, MO, USA, 64068
Ferrellgas Partners LP operates as a propane distributor. Its operations primarily include the distribution and sale of propane and related equipment and supplies within the Midwest, Southeast, Southwest, and Northwest regions of the United States. The firm caters to residential, industrial, commercial, portable tank exchange, agricultural, wholesale and other, customers. Ferrellgas earns revenue primarily through the distribution of propane, as well as through the sale of propane related equipment and supplies.
Executives
Allen G Jones officer: VP Legal & General Counsel C/O FERRELLGAS, INC., ONE LIBERTY PLAZA, LIBERTY MO 64068
Joe Eby director 13795 S. MUR-LEN RD, STE. 301, OLATHE MO 66062
Michael E Cole officer: Chief Financial Officer C/O FERRELLGAS, INC., ONE LIBERTY PLAZA, LIBERTY MO 64068
Dhiraj Cherian officer: Chief Financial Officer C/O FERRELLGAS, INC., ONE LIBERTY PLAZA, LIBERTY MO 64068
Edward Newberry director C/O FERRELLGAS, INC., ONE LIBERTY PLAZA, LIBERTY MO 64068
Ares Management Holdings L.p. director 2000 AVENUE OF THE STARS, 12TH FL, LOS ANGELES CA 90067
Craig Snyder director 2000 AVENUE OF THE STARS, 12TH FLOOR, LOS ANGELES CA 90067
Ares Management Corp director 2000 AVE OF THE STARS, 12TH FLOOR, LOS ANGELES CA 90067
Carney Hawks director C/O EXTRACTION OIL & GAS, 370 17TH STREET, SUITE 5300, DENVER CO 80202
Ares Management Llc director 2000 AVENUE OF THE STARS, 12TH FLOOR, LOS ANGELES CA 90067
Ares Voting Llc director C/O ARES MGMT, 2000 AVE OF THE STARS, 12TH FLOOR, LOS ANGELES CA 90067
Ares Holdco Llc director 2000 AVENUE OF THE STARS, 12TH FLOOR, LOS ANGELES CA 90067
Ares Management Gp Llc director 2000 AVENUE OF THE STARS, 12TH FLOOR, LOS ANGELES CA 90067
Ares Partners Holdco Llc director 2000 AVENUE OF THE STARS, 12TH FLOOR, LOS ANGELES CA 90067
Brian Herrmann officer: Interim CFO ONE LIBERTY PLAZA, LIBERTY MO 64068

Ferrellgas Partners LP (Ferrellgas Partners LP) Headlines