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Boardwalk Pipeline Partners LP (Boardwalk Pipeline Partners LP) Cyclically Adjusted Revenue per Share : $6.31 (As of Dec. 2023)


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What is Boardwalk Pipeline Partners 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.

Boardwalk Pipeline Partners LP's adjusted revenue per share 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 the count will get our Cyclically Adjusted Revenue per Share, which is $6.31 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Boardwalk Pipeline Partners LP's average Cyclically Adjusted Revenue Growth Rate was 2.90% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 3.60% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 0.80% per year. 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.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Revenue Growth Rate of Boardwalk Pipeline Partners LP was 3.60% per year. The lowest was -3.40% per year. And the median was -0.80% per year.

As of today (2024-04-28), Boardwalk Pipeline Partners LP's current stock 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 of today is 1.91.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Boardwalk Pipeline Partners LP was 2.99. The lowest was 1.51. And the median was 2.46.


Boardwalk Pipeline Partners LP Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Boardwalk Pipeline Partners 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.

Boardwalk Pipeline Partners LP Cyclically Adjusted Revenue per Share Chart

Boardwalk Pipeline Partners 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 5.79 5.68 5.90 6.13 6.31

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
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 6.13 6.20 6.25 6.30 6.31

Competitive Comparison of Boardwalk Pipeline Partners LP's Cyclically Adjusted Revenue per Share

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 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, 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.


Boardwalk Pipeline Partners LP  (NYSE:BWP) 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.

Boardwalk Pipeline Partners LP's Cyclically Adjusted PS Ratio of 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.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Boardwalk Pipeline Partners LP was 2.99. The lowest was 1.51. And the median was 2.46.


Be Aware

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


Boardwalk Pipeline Partners LP Cyclically Adjusted Revenue per Share Related Terms

Thank you for viewing the detailed overview of Boardwalk Pipeline Partners LP's Cyclically Adjusted Revenue per Share 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

Industry
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

Boardwalk Pipeline Partners LP (Boardwalk Pipeline Partners LP) Headlines