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Cheniere Energy (Cheniere Energy) Cyclically Adjusted PS Ratio : 3.48 (As of Apr. 27, 2024)


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What is Cheniere Energy Cyclically Adjusted PS Ratio?

As of today (2024-04-27), Cheniere Energy's current share price is $159.14. Cheniere Energy's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $45.79. Cheniere Energy's Cyclically Adjusted PS Ratio for today is 3.48.

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

LNG' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.57   Med: 8.53   Max: 50.4
Current: 3.48

During the past years, Cheniere Energy's highest Cyclically Adjusted PS Ratio was 50.40. The lowest was 2.57. And the median was 8.53.

LNG's Cyclically Adjusted PS Ratio is ranked worse than
84.35% of 754 companies
in the Oil & Gas industry
Industry Median: 0.895 vs LNG: 3.48

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.

Cheniere Energy's adjusted revenue per share data for the three months ended in Dec. 2023 was $20.205. 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 $45.79 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Cheniere Energy Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Cheniere Energy'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.

Cheniere Energy Cyclically Adjusted PS Ratio Chart

Cheniere Energy 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 5.21 4.03 4.65 4.13 3.73

Cheniere Energy 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 4.13 3.96 3.63 3.78 3.73

Competitive Comparison of Cheniere Energy's Cyclically Adjusted PS Ratio

For the Oil & Gas Midstream subindustry, Cheniere Energy'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.


Cheniere Energy's Cyclically Adjusted PS Ratio Distribution in the Oil & Gas Industry

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

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



Cheniere Energy 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.

Cheniere Energy's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=159.14/45.79
=3.48

* 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.

Cheniere Energy's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Cheniere Energy'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)
=20.205/129.4194*129.4194
=20.205

Current CPI (Dec. 2023) = 129.4194.

Cheniere Energy Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 0.303 99.695 0.393
201406 0.303 100.560 0.390
201409 0.298 100.428 0.384
201412 0.292 99.070 0.381
201503 0.302 99.621 0.392
201506 0.300 100.684 0.386
201509 0.291 100.392 0.375
201512 0.301 99.792 0.390
201603 0.302 100.470 0.389
201606 0.775 101.688 0.986
201609 2.031 101.861 2.580
201612 2.490 101.863 3.164
201703 5.204 102.862 6.548
201706 5.338 103.349 6.685
201709 6.032 104.136 7.497
201712 7.433 104.011 9.249
201803 9.420 105.290 11.579
201806 6.355 106.317 7.736
201809 7.270 106.507 8.834
201812 9.229 105.998 11.268
201903 8.747 107.251 10.555
201906 8.904 108.070 10.663
201909 8.477 108.329 10.127
201912 11.477 108.420 13.700
202003 9.042 108.902 10.746
202006 9.517 108.767 11.324
202009 5.789 109.815 6.822
202012 11.055 109.897 13.019
202103 11.935 111.754 13.822
202106 11.901 114.631 13.436
202109 12.618 115.734 14.110
202112 25.845 117.630 28.435
202203 29.465 121.301 31.437
202206 31.290 125.017 32.392
202209 35.422 125.227 36.608
202212 35.474 125.222 36.663
202303 29.740 127.348 30.224
202306 16.825 128.729 16.915
202309 17.186 129.860 17.128
202312 20.205 129.419 20.205

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.


Cheniere Energy  (NYSE:LNG) 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.


Cheniere Energy Cyclically Adjusted PS Ratio Related Terms

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


Cheniere Energy (Cheniere Energy) Business Description

Industry
Traded in Other Exchanges
Address
700 Milam Street, Suite 1900, Houston, TX, USA, 77002
Cheniere Energy owns and operates the Sabine Pass liquefied natural gas terminal via its stake in Cheniere Partners. It also owns the Corpus Christi LNG terminals as well as Cheniere Marketing, which markets LNG using Cheniere's gas volumes.
Executives
Denise Gray director 7450 N. MCCORMICK BLVD., SKOKIE IL 60076
Matthew Jk Runkle director 345 PARK AVENUE, NEW YORK NY 10154
Vicky A Bailey director 2099 PENNSYLVANIA AVNUE, NW, SUITE 1000, WASHINGTON DC 20006
Grindal Corey officer: EVP & Chief Operating Officer 700 MILAM STREET, SUITE 1900, HOUSTON TX 77002
Brian E Edwards director 700 MILAM STREET, SUITE 1900, HOUSTON TX 77002
Aaron D. Stephenson officer: SVP, Operations 700 MILAM STREET, SUITE 1900, HOUSTON TX 77002
G Andrea Botta director 14 EAST 75TH ST #8A, NEW YORK NY 10021
Scott Bennett Peak director 1200 SMITH STREET, HOUSTON TX 77002
Neal A Shear director 1585 BROADWAY, NEW YORK NY 10036
David L Slack officer: VP & Chief Accounting Officer 700 MILAM STREET, SUITE 1900, HOUSTON TX 77002
Lorraine Mitchelmore director 700 MILAM STREET, SUITE 1900, HOUSTON TX 77002
Patricia K Collawn director 414 SILVER AVE SW MS 1275, ALBUQUERQUE NM 87102-3289
David B Kilpatrick director 35 HARBOR RIDGE DR., SUITE 4800, NEWORT BEACH CA 92660
Andrew Teno director C/O FIR TREE INC., 55 WEST 46TH STREET, 29TH FLOOR, NEW YORK NY 10036
Nuno Brandolini director 717 TEXAS AVE., SUITE 3100, HOUSTON TX 77002

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