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Cheniere Energy Partners LP (Cheniere Energy Partners LP) Cyclically Adjusted Revenue per Share : $15.46 (As of Dec. 2023)


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What is Cheniere Energy 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.

Cheniere Energy Partners LP's adjusted revenue per share for the three months ended in Dec. 2023 was $5.550. 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 $15.46 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Cheniere Energy Partners LP's average Cyclically Adjusted Revenue Growth Rate was 17.70% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 31.00% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 28.50% 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 Cheniere Energy Partners LP was 42.80% per year. The lowest was 25.40% per year. And the median was 31.00% per year.

As of today (2024-04-27), Cheniere Energy Partners LP's current stock price is $49.01. Cheniere Energy Partners LP's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $15.46. Cheniere Energy Partners LP's Cyclically Adjusted PS Ratio of today is 3.17.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Cheniere Energy Partners LP was 19.87. The lowest was 3.02. And the median was 8.06.


Cheniere Energy Partners LP Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Cheniere Energy 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.

Cheniere Energy Partners LP Cyclically Adjusted Revenue per Share Chart

Cheniere Energy 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 5.82 6.88 9.14 13.14 15.46

Cheniere Energy 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 13.14 13.94 14.46 14.98 15.46

Competitive Comparison of Cheniere Energy Partners LP's Cyclically Adjusted Revenue per Share

For the Oil & Gas Midstream subindustry, Cheniere Energy 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.


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

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

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



Cheniere Energy 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, Cheniere Energy 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)
=5.55/129.4194*129.4194
=5.550

Current CPI (Dec. 2023) = 129.4194.

Cheniere Energy Partners LP Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 0.199 99.695 0.258
201406 0.199 100.560 0.256
201409 0.351 100.428 0.452
201412 0.197 99.070 0.257
201503 0.200 99.621 0.260
201506 0.352 100.684 0.452
201509 0.351 100.392 0.452
201512 0.199 99.792 0.258
201603 0.348 100.470 0.448
201606 0.784 101.688 0.998
201609 1.719 101.861 2.184
201612 1.631 101.863 2.072
201703 4.629 102.862 5.824
201706 5.153 103.349 6.453
201709 2.360 104.136 2.933
201712 3.136 104.011 3.902
201803 3.291 105.290 4.045
201806 2.907 106.317 3.539
201809 3.159 106.507 3.839
201812 3.919 105.998 4.785
201903 3.614 107.251 4.361
201906 3.523 108.070 4.219
201909 3.050 108.329 3.644
201912 3.942 108.420 4.706
202003 3.550 108.902 4.219
202006 3.037 108.767 3.614
202009 2.029 109.815 2.391
202012 4.126 109.897 4.859
202103 4.056 111.754 4.697
202106 3.903 114.631 4.407
202109 4.802 115.734 5.370
202112 6.731 117.630 7.406
202203 6.876 121.301 7.336
202206 8.638 125.017 8.942
202209 10.281 125.227 10.625
202212 9.754 125.222 10.081
202303 6.027 127.348 6.125
202306 3.994 128.729 4.015
202309 4.397 129.860 4.382
202312 5.550 129.419 5.550

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


Cheniere Energy Partners LP  (NYSE:CQP) 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.

Cheniere Energy Partners LP's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=49.01/15.46
=3.17

* 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 Cheniere Energy Partners LP was 19.87. The lowest was 3.02. And the median was 8.06.


Be Aware

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


Cheniere Energy Partners LP Cyclically Adjusted Revenue per Share Related Terms

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


Cheniere Energy Partners LP (Cheniere Energy Partners LP) Business Description

Industry
Traded in Other Exchanges
N/A
Address
700 Milam Street, Suite 1900, Houston, TX, USA, 77002
Cheniere Energy Partners is the direct owner of the Sabine Pass LNG terminals as well as regasification facilities. It also owns the Creole Trail Pipeline, which connects the terminal to third-party gas suppliers. Cheniere Partners shares in the marketing fees generated by Cheniere Marketing from Sabine Pass marketed gas volumes.
Executives
Taylor Johnson director, other: Deputy GC and Asst. Sec. 700 MILAM STREET, SUITE 1900, HOUSTON TX 77002
Grindal Corey director, officer: EVP, Worldwide Trading 700 MILAM STREET, SUITE 1900, HOUSTON TX 77002
Brian Arthur Baker director 700 MILAM ST., SUITE 1900, HOUSTON TX 77002
Bx Rockies Platform Co Llc 10 percent owner C/O BLACKSTONE INC., 345 PARK AVENUE, NEW YORK NY 10154
Blackstone Holdings Iii L.p. 10 percent owner C/O BLACKSTONE INC., 345 PARK AVENUE, NEW YORK NY 10154
Christopher Manuel Dellamore director C/O BLACKSTONE INC., 345 PARK AVENUE, NEW YORK NY 10154
Tim Wyatt director, officer: SVP, Corp. Dev. and Strategy 700 MILAM STREET, SUITE 1900, HOUSTON TX 77002
James Robert Ball director 4 PROVIDENCE VILLAS, BRACKENBURY, LONDON X0 W6 0BA
Adam Kuhnley director C/O BLACKSTONE INC., 345 PARK AVENUE, NEW YORK NY 10154
David L Slack officer: VP & Chief Accounting Officer 700 MILAM STREET, SUITE 1900, HOUSTON TX 77002
Matthew Jk Runkle director 345 PARK AVENUE, NEW YORK NY 10154
Bam Partners Trust 10 percent owner 181 BAY STREET, SUITE 300, TORONTO A6 M5J 2T3
Gso Holdings I Llc 10 percent owner C/O GSO CAPITAL PARTNERS LP, 345 PARK AVENUE, NEW YORK NY 10154
Blackstone Inc. 10 percent owner 345 PARK AVENUE, NEW YORK NY 10154
Blackstone Holdings Ii L.p. 10 percent owner C/O BLACKSTONE INC., 345 PARK AVENUE, NEW YORK NY 10154