GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Evolve Transition Infrastructure LP (AMEX:SNMP) » Definitions » Cyclically Adjusted PS Ratio

Evolve Transition Infrastructure LP (Evolve Transition Infrastructure LP) Cyclically Adjusted PS Ratio : 0.01 (As of Apr. 28, 2024)


View and export this data going back to 2006. Start your Free Trial

What is Evolve Transition Infrastructure LP Cyclically Adjusted PS Ratio?

As of today (2024-04-28), Evolve Transition Infrastructure LP's current share price is $1.33. Evolve Transition Infrastructure LP's Cyclically Adjusted Revenue per Share for the quarter that ended in Sep. 2023 was $257.76. Evolve Transition Infrastructure LP's Cyclically Adjusted PS Ratio for today is 0.01.

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

SNMP' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.01   Med: 0.1   Max: 0.92
Current: 0.01

During the past years, Evolve Transition Infrastructure LP's highest Cyclically Adjusted PS Ratio was 0.92. The lowest was 0.01. And the median was 0.10.

SNMP's Cyclically Adjusted PS Ratio is not ranked
in the Oil & Gas industry.
Industry Median: 0.895 vs SNMP: 0.01

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.

Evolve Transition Infrastructure LP's adjusted revenue per share data for the three months ended in Sep. 2023 was $0.728. 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 $257.76 for the trailing ten years ended in Sep. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Evolve Transition Infrastructure LP Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Evolve Transition Infrastructure 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.

Evolve Transition Infrastructure LP Cyclically Adjusted PS Ratio Chart

Evolve Transition Infrastructure LP Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.06 0.01 0.04 0.06 0.01

Evolve Transition Infrastructure LP Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 0.04 0.01 0.02 - 0.01

Competitive Comparison of Evolve Transition Infrastructure LP's Cyclically Adjusted PS Ratio

For the Oil & Gas Midstream subindustry, Evolve Transition Infrastructure 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.


Evolve Transition Infrastructure LP's Cyclically Adjusted PS Ratio Distribution in the Oil & Gas Industry

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

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



Evolve Transition Infrastructure 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.

Evolve Transition Infrastructure LP's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1.33/257.76
=0.01

* 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.

Evolve Transition Infrastructure LP's Cyclically Adjusted Revenue per Share for the quarter that ended in Sep. 2023 is calculated as:

For example, Evolve Transition Infrastructure LP's adjusted Revenue per Share data for the three months ended in Sep. 2023 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Sep. 2023 (Change)*Current CPI (Sep. 2023)
=0.728/129.8595*129.8595
=0.728

Current CPI (Sep. 2023) = 129.8595.

Evolve Transition Infrastructure LP Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201312 44.758 98.326 59.112
201403 45.863 99.695 59.740
201406 83.372 100.560 107.664
201409 148.583 100.428 192.127
201412 222.542 99.070 291.706
201503 119.240 99.621 155.433
201506 45.971 100.684 59.292
201509 54.638 100.392 70.676
201512 263.616 99.792 343.043
201603 254.604 100.470 329.079
201606 94.244 101.688 120.353
201609 25.068 101.861 31.958
201612 34.188 101.863 43.585
201703 57.734 102.862 72.887
201706 53.826 103.349 67.633
201709 38.985 104.136 48.615
201712 38.752 104.011 48.382
201803 37.752 105.290 46.562
201806 33.607 106.317 41.049
201809 35.384 106.507 43.142
201812 57.029 105.998 69.867
201903 32.449 107.251 39.289
201906 37.105 108.070 44.586
201909 29.668 108.329 35.564
201912 21.146 108.420 25.327
202003 32.875 108.902 39.202
202006 17.690 108.767 21.120
202009 16.620 109.815 19.654
202012 13.462 109.897 15.907
202103 7.166 111.754 8.327
202106 4.100 114.631 4.645
202109 6.001 115.734 6.733
202112 4.251 117.630 4.693
202203 3.891 121.301 4.166
202206 1.548 125.017 1.608
202209 1.250 125.227 1.296
202212 1.092 125.222 1.132
202303 0.905 127.348 0.923
202306 0.796 128.729 0.803
202309 0.728 129.860 0.728

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.


Evolve Transition Infrastructure LP  (AMEX:SNMP) 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.


Evolve Transition Infrastructure LP Cyclically Adjusted PS Ratio Related Terms

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


Evolve Transition Infrastructure LP (Evolve Transition Infrastructure LP) Business Description

Traded in Other Exchanges
N/A
Address
1360 Post Oak Boulevard, Suite 2400, Houston, TX, USA, 77056
Evolve Transition Infrastructure LP is focused on the acquisition, development, and ownership of infrastructure critical to the transition of energy supply to lower carbon sources. It owns natural gas gathering systems, pipelines, and processing facilities in South Texas and continues to pursue energy transition infrastructure opportunities. It generates revenue from Gathering and transportation lease revenues.
Executives
Stonepeak Gp Holdings Lp 10 percent owner 55 HUDSON YARDS, 550 W. 34TH STREET, 48TH FLOOR, NEW YORK NY 10001
Stonepeak Gp Investors Holdings Lp 10 percent owner, other: See Remarks 55 HUDSON YARDS, 550 WEST 34TH STREET, 48TH FLOOR, NEW YORK NY 10001
Stonepeak Gp Investors Upper Holdings Lp 10 percent owner, other: See Remarks 55 HUDSON YARDS, 550 WEST 34TH STREET, 48TH FLOOR, NEW YORK NY 10001
Stonepeak Gp Investors Holdings Manager Llc 10 percent owner, other: See Remarks 55 HUDSON YARDS, 550 WEST 34TH STREET, 48TH FLOOR, NEW YORK NY 10001
David D Kinder director 510 BERING DRIVE, SUITE 220, HOUSTON TX 77057
Michael A Heim director TARGA RESOURCES PARTNERS LP, 1000 LOUISIANA STREET, SUITE 4300, HOUSTON TX 77002
Michael A. Keuss officer: President / Chief Oper. Off. 1360 POST OAK BLVD., SUITE 2400, HOUSTON TX 77056
Randall L. Gibbs director, officer: Chief Executive Officer 1360 POST OAK BLVD., SUITE 2400, HOUSTON TX 77056
Hartigan Jonathan C. M. officer: President / Chief Invest. Off. 1360 POST OAK BLVD., SUITE 2400, HOUSTON TX 77056
Gerald F Willinger director 1360 POST OAK BLVD, SUITE 2400, HOUSTON TX 77056
Stonepeak Texas Midstream Holdco Llc 10 percent owner, other: See Remarks 550 WEST 34TH STREET, 48TH FLOOR, NEW YORK NY 10001
Sanchez Antonio R Iii director, 10 percent owner 1360 POST OAK BLVD, SUITE 2400, HOUSTON TX 77056
Michael Bricker director 55 HUDSON YARDS, 550 W 34TH STREET, 48TH FLOOR, NEW YORK NY 10001
Sp Common Equity Subsidiary Llc 10 percent owner 1360 POST OAK BLVD, SUITE 2400, HOUSTON TX 77056
Steen John T Iii director 55 HUDSON YARDS, 550 W 34TH STREET, 48TH FLOOR, NEW YORK NY 10001

Evolve Transition Infrastructure LP (Evolve Transition Infrastructure LP) Headlines