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Black Stone Minerals LP (Black Stone Minerals LP) Cyclically Adjusted Revenue per Share : $2.63 (As of Mar. 2024)


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What is Black Stone Minerals LP Cyclically Adjusted Revenue per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and 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.

Black Stone Minerals LP's adjusted revenue per share for the three months ended in Mar. 2024 was $0.554. Add all the adjusted revenue per share for the past 10 years together and divide the count will get our Cyclically Adjusted Revenue per Share, which is $2.63 for the trailing ten years ended in Mar. 2024.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Revenue Growth Rate using Cyclically Adjusted Revenue per Share data.

As of today (2024-05-16), Black Stone Minerals LP's current stock price is $15.895. Black Stone Minerals LP's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $2.63. Black Stone Minerals LP's Cyclically Adjusted PS Ratio of today is 6.04.

During the past 11 years, the highest Cyclically Adjusted PS Ratio of Black Stone Minerals LP was 6.85. The lowest was 5.64. And the median was 6.09.


Black Stone Minerals LP Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Black Stone Minerals LP's Cyclically Adjusted Revenue per Share 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.

Black Stone Minerals LP Cyclically Adjusted Revenue per Share Chart

Black Stone Minerals LP Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 2.67

Black Stone Minerals LP Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted Revenue per Share 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 - - 2.68 2.67 2.63

Competitive Comparison of Black Stone Minerals LP's Cyclically Adjusted Revenue per Share

For the Oil & Gas E&P subindustry, Black Stone Minerals 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.


Black Stone Minerals LP's Cyclically Adjusted PS Ratio Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Black Stone Minerals LP's Cyclically Adjusted PS Ratio falls into.



Black Stone Minerals LP Cyclically Adjusted Revenue per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and 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.

What is Cyclically Adjusted Revenue per Share? How do we calculate Cyclically Adjusted Revenue per Share?

Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Revenue per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the revenue per share from 2001 through 2010.

We adjusted the 2001 revenue per share data with the total inflation from 2001 through 2010 to the equivalent revenue in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's revenue is $1 a share in 2001, then the 2001's equivalent revenue in 2010 is $1.4 a share. If Wal-Mart's revenue is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 revenue in 2010 is $1.35. So on and so forth, you get the equivalent revenue per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Black Stone Minerals LP's adjusted Revenue per Share data for the three months ended in Mar. 2024 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=0.554/131.7762*131.7762
=0.554

Current CPI (Mar. 2024) = 131.7762.

Black Stone Minerals LP Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.637 100.560 0.835
201409 0.652 100.428 0.856
201412 0.695 99.070 0.924
201503 0.375 99.621 0.496
201506 0.436 100.684 0.571
201509 0.421 100.392 0.553
201512 0.351 99.792 0.463
201603 0.280 100.470 0.367
201606 0.372 101.688 0.482
201609 0.478 101.861 0.618
201612 0.416 101.863 0.538
201703 0.528 102.862 0.676
201706 0.509 103.349 0.649
201709 0.500 104.136 0.633
201712 0.544 104.011 0.689
201803 0.657 105.290 0.822
201806 0.708 106.317 0.878
201809 0.779 106.507 0.964
201812 0.611 105.998 0.760
201903 0.606 107.251 0.745
201906 0.608 108.070 0.741
201909 0.549 108.329 0.668
201912 0.582 108.420 0.707
202003 0.450 108.902 0.545
202006 0.279 108.767 0.338
202009 0.314 109.815 0.377
202012 0.391 109.897 0.469
202103 0.431 111.754 0.508
202106 0.567 114.631 0.652
202109 0.658 115.734 0.749
202112 0.770 117.630 0.863
202203 0.747 121.301 0.812
202206 0.926 125.017 0.976
202209 0.986 125.227 1.038
202212 0.885 125.222 0.931
202303 0.544 127.348 0.563
202306 0.503 128.729 0.515
202309 0.651 129.860 0.661
202312 0.604 129.419 0.615
202403 0.554 131.776 0.554

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.


Black Stone Minerals LP  (NYSE:BSM) Cyclically Adjusted Revenue per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Revenue per Share may underestimate the company's revenue. Cyclically Adjusted PS Ratio can seem to be too high even the actual PS Ratio is low.

For the Cyclically Adjusted PS Ratio, the revenue per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/S calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PS Ratio is also called CAPS Ratio.

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.

Black Stone Minerals LP's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=15.895/2.63
=6.04

* 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.

During the past 11 years, the highest Cyclically Adjusted PS Ratio of Black Stone Minerals LP was 6.85. The lowest was 5.64. And the median was 6.09.


Be Aware

Cyclically Adjusted PS Ratio works better for cyclical companies. It gives you a better idea on the company's real revenue value.


Black Stone Minerals LP Cyclically Adjusted Revenue per Share Related Terms

Thank you for viewing the detailed overview of Black Stone Minerals LP's Cyclically Adjusted Revenue per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Black Stone Minerals LP (Black Stone Minerals LP) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Black Stone Minerals LP (NYSE:BSM) » Definitions » Cyclically Adjusted Revenue per Share
Traded in Other Exchanges
N/A
Address
1001 Fannin Street, Suite 2020, Houston, TX, USA, 77002
Black Stone Minerals LP is an oil and natural gas mineral company. It owns oil and natural gas mineral interests, which make up the majority of the asset base. Its business is actively managing an existing portfolio of mineral and royalty assets to maximize its value and expanding asset base through acquisitions of additional mineral and royalty interests.
Executives
Carter Thomas L Jr officer: President, CEO, and Chairman 500 DALLAS STREET, SUITE 2300, HOUSTON TX 77002
D Mark Dewalch director C/O BLACK STONE MINERALS, L.P., 1001 FANNIN STREET, SUITE 2020, HOUSTON TX 77002
James Whitehead director 1001 FANNIN ST, SUITE 2020, HOUSTON TX 77006
Luke Stevens Putman officer: See Remarks 601 JEFFERSON, SUITE 3600, HOUSTON TX 77002
Evan Montgomery Kiefer officer: Interim CFO & Treasurer 1001 FANNIN ST, SUITE 2020, HOUSTON TX 77002
Dawn Smajstrla officer: VP, Chief Accounting Officer 801 LOUISIANA, STE 700, HOUSTON X1 77479
Jeffrey P. Wood officer: SVP, CFO EAGLE ROCK ENERGY PARTNERS, L.P., P.O. BOX 2968, HOUSTON TX 77252-2968
Carrie Pearson Clark officer: SVP, Land and Legal 825 TOWN & COUNTRY LANE, SUITE 1100, HOUSTON TX 77024
William N. Mathis director C/O BLACK STONE MINERALS, L.P., 1001 FANNIN STREET, SUITE 2020, HOUSTON TX 77002
Holbrook F Dorn officer: See Remarks C/O BLACK STONE MINERALS, L.P., 1001 FANNIN STREET, SUITE 2020, HOUSTON TX 77002
Brock Morris officer: See Remarks 1001 FANNIN STREET, SUITE 2020, HOUSTON TX 77002
Alexander D. Stuart director C/O BLACK STONE MINERALS, L.P., 1001 FANNIN STREET, SUITE 2020, HOUSTON TX 77002
William E. Randall director C/O BLACK STONE MINERALS, L.P., 1001 FANNIN STREET, SUITE 2020, HOUSTON TX 77002
Ricky J. Haeflinger director C/O BLACK STONE MINERALS, L.P., 1001 FANNIN STREET, SUITE 2020, HOUSTON TX 77002
William G Bardel director C/O HUDSON CITY BANCORP, INC., WEST 80 CENTURY ROAD, PARAMUS NJ 07652

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