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Boardwalk Pipeline Partners LP (Boardwalk Pipeline Partners LP) PS Ratio

: 1.86 (As of Today)
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The PS Ratio, or Price-to-Sales ratio, or Price/Sales, is a financial ratio used to compare a company's market price to its Revenue per Share. As of today, Boardwalk Pipeline Partners LP's share price is $12.05. Boardwalk Pipeline Partners LP's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was $6.46. Hence, Boardwalk Pipeline Partners LP's PS Ratio for today is 1.86.

Good Sign:

Boardwalk Pipeline Partners LP stock PS Ratio (=1.86) is close to 10-year low of 1.85

The historical rank and industry rank for Boardwalk Pipeline Partners LP's PS Ratio or its related term are showing as below:

BWP' s PS Ratio Range Over the Past 10 Years
Min: 1.85   Med: 3.26   Max: 6.09
Current: 1.86

During the past 13 years, Boardwalk Pipeline Partners LP's highest PS Ratio was 6.09. The lowest was 1.85. And the median was 3.26.

BWP's PS Ratio is not ranked
in the Oil & Gas industry.
Industry Median: 1.18 vs BWP: 1.86

Boardwalk Pipeline Partners LP's Revenue per Sharefor the three months ended in Dec. 2023 was $2.03. Its Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was $6.46.

During the past 12 months, the average Revenue per Share Growth Rate of Boardwalk Pipeline Partners LP was 13.00% per year. During the past 3 years, the average Revenue per Share Growth Rate was 7.60% per year. During the past 5 years, the average Revenue per Share Growth Rate was 5.10% per year. During the past 10 years, the average Revenue per Share Growth Rate was 1.70% per year.

During the past 13 years, Boardwalk Pipeline Partners LP's highest 3-Year average Revenue per Share Growth Rate was 28.80% per year. The lowest was -6.10% per year. And the median was 1.00% per year.

Back to Basics: PS Ratio


Boardwalk Pipeline Partners LP PS Ratio Historical Data

The historical data trend for Boardwalk Pipeline Partners LP's 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.

Boardwalk Pipeline Partners LP Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PS Ratio
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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
PS Ratio 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 Premium Member Only Premium Member Only Premium Member Only - - - - -

Competitive Comparison

For the Oil & Gas Midstream subindustry, Boardwalk Pipeline Partners LP's PS Ratio, along with its competitors' market caps and 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 PS Ratio Distribution

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

* The bar in red indicates where Boardwalk Pipeline Partners LP's PS Ratio falls into.



Boardwalk Pipeline Partners LP PS Ratio Calculation

The PS Ratio, or Price-to-Sales ratio, or Price/Sales, is a financial ratio used to compare a company's market price to its Revenue per Share. It is a ratio widely used to value stocks and it was first used by Ken Fisher.

Boardwalk Pipeline Partners LP's PS Ratio for today is calculated as

PS Ratio=Share Price/Revenue per Share (TTM)
=12.05/6.463
=1.86

Boardwalk Pipeline Partners LP's Share Price of today is $12.05.
Boardwalk Pipeline Partners LP's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $6.46.

* 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.

It can also be calculated from the numbers for the whole company:

PS Ratio=Market Cap/Revenue

The Revenue here is for the trailing 12 months.


Boardwalk Pipeline Partners LP  (NYSE:BWP) PS Ratio Explanation

The PS Ratio is an excellent valuation indicator if you want to compare a stock with its historical valuation or with the stocks in the same industry. The PS Ratio works especially well when you want to compare the stock's current valuation with its historical valuation. The PS Ratio is a great valuation tool for evaluating cyclical businesses where the PE Ratio works poorly. It works the best when comparing the current valuation with the historical valuation because over time, a company's profit margin tends to revert to the mean.

When the PS Ratio is applied to the whole stock market, it can be used to evaluate the current market valuation and projected returns. In this case, the price is the total market cap of all stocks that are traded, and sales are the GDP of the country. This is how Warren Buffett estimates the broad market valuation and project future returns.

Similar to the PE Ratio or Price-to-Operating-Cash-Flow or Price-to-Free-Cash-Flow , the PS Ratio measures the valuation based on the earning power of the company. This is where it is different from the PB Ratio , which measures the valuation based on the company's balance sheet.


Be Aware

The PS Ratio does not tell you how cheap or expensive the stock is. It cannot be used to compare companies in different industries. It works better for companies within the same industry because these companies tend to have similar capital structures and profit margins. It works the best when comparing a company with itself in the past.


Boardwalk Pipeline Partners LP PS Ratio Related Terms

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Boardwalk Pipeline Partners LP (Boardwalk Pipeline Partners LP) Business Description

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