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This valuation method assumes that the stock valuation will revert to its historical (10-Year) median in terms of PS Ratio. The reason we use PS Ratio instead of PE Ratio or PB Ratio is because PS Ratio is independent of profit margin, and can be applied to a broader range of situations.
NGL Energy Partners LP (NYSE:NGL) Median PS Value Explanation
This valuation method assumes that the stock valuation will revert to its historical (10-Year) mean in terms of PS Ratio. The reason we use PS Ratio instead of PE Ratio or PB Ratio
is because PS Ratio is independent of profit margin, and can be applied to a broader range of situations.
It also assumes that over time the profit margin is constant. If a company increases its profit margin to a sustainable level, this value might under-estimate its value. If it has permanent declined profit margins, this may over-estimate the company's value.
NGL Energy Partners LP's Price to Median PS Value for today is calculated as
Price to Median PS Value
=
Share Price
/
Median PS Value
=
18.02
/
3.45
=
5.22
* 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.
NGL Energy Partners LP Median PS Value Related Terms
NGL Energy Partners LP Median PS Value Historical Data
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The historical data trend for NGL Energy Partners LP's Median PS Value 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.
For the Oil & Gas Midstream subindustry, NGL Energy Partners LP's Price-to-Median-PS-Value, along with its competitors' market caps and Price-to-Median-PS-Value 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.
NGL Energy Partners LP Price-to-Median-PS-Value vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, NGL Energy Partners LP's Price-to-Median-PS-Value distribution charts can be found below:
* The bar in red indicates where NGL Energy Partners LP's Price-to-Median-PS-Value falls into.
10-Year Median PS Ratio is 0.1225.
NGL Energy Partners LP's Revenue per Share for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $28.164.
* 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.
NGL Energy Partners LP (NGL) has a Median PS Value of $3.45 as of Aug. 29, 2026. Median price-sales value is the stock value based on a company's 10-year median price-sales ratio, View historical data on NGL Energy Partners LP and its competitors. According to the industry distribution chart, NGL Energy Partners LP ranks #547 out of 562 companies in the Oil & Gas industry, placing it in the top 97.3%.
Is NGL Energy Partners LP's Median PS Value too high?
NGL Energy Partners LP's current Median PS Value is $3.45. The Oil & Gas industry median Median PS Value is 1.13. NGL Energy Partners LP's value of $3.45 is 205.3% above this industry median. Based on the distribution chart, NGL Energy Partners LP ranks #547 out of 562 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, NGL Energy Partners LP has a GF Score™ of 52/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does NGL Energy Partners LP's Median PS Value compare to LPG and GEL?
According to the Oil & Gas industry distribution chart, NGL Energy Partners LP ranks #547 out of 562 companies for Median PS Value. This places NGL Energy Partners LP in the lower half of its industry. The industry median Median PS Value is 1.13. NGL Energy Partners LP's value of $3.45 is 205.3% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Median PS Value for an Oil & Gas company?
The median Median PS Value among Oil & Gas companies is 1.13, based on 562 companies in the industry. Companies in the top quartile (top 25%) have a Median PS Value significantly above this median, while those in the bottom quartile fall well below. However, Median PS Value should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. NGL Energy Partners LP's current Median PS Value of $3.45 is 205.3% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Median PS Value mean?
A high Median PS Value can signal that a stock is expensive relative to its fundamentals. Median price-sales value is the stock value based on a company's 10-year median price-sales ratio, View historical data on NGL Energy Partners LP and its competitors. For the Oil & Gas industry, the median Median PS Value is 1.13 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NGL Energy Partners LP's current Median PS Value is $3.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NGL Energy Partners LP stock overvalued right now?
Based on GuruFocus' analysis, NGL Energy Partners LP (NGL) is currently considered Significantly Overvalued. The stock's GF Value™ is $5.59, compared to a current price of $18.02 — trading 222.4% above its estimated fair value. The current Median PS Value is $3.45 and 205.3% above the Oil & Gas industry median of 1.13. NGL Energy Partners LP's overall GF Score™ is 52/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Median PS Value calculated?
Median PS Value is calculated from a company's financial statements. For NGL Energy Partners LP (NGL), the current Median PS Value is $3.45 as of Aug. 29, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is NGL Energy Partners LP (NGL) Overvalued in 2026?
Based on GuruFocus' analysis, NGL Energy Partners LP stock appears to be overvalued.
The current stock price of $18.02 is trading 222.4% above its estimated GF Value™ of $5.59.
GuruFocus considers NGL Energy Partners LP to be Significantly Overvalued.
Key valuation signals for NGL:
Median PS Value: $3.45
GF Value™: $5.59 vs. price of $18.02 (222.4% above fair value)
Industry Position: 205.3% above the Oil & Gas median (#547 of 562)
No single metric tells the full story. See the NGL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
NGL Energy Partners LP is a USA-based firm that owns and operates a vertically integrated energy business. The company's operating segments include Crude Oil Logistics, Water Solutions, and Liquids Logistics. It operates crude oil Logistics, owns pipeline injection stations, and offers services for the treatment and disposal of wastewater generated from crude oil and natural gas production, as well as for the disposal of solids, such as tank bottoms and drilling fluids. The firm also supplies natural gas liquids to retailers, wholesalers, refiners, and petrochemical plants and sells propane and distillates.
52GF Score
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