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MPLX LP PS Ratio

: 3.43 (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, MPLX LP's share price is $28.76. MPLX LP's Revenue per Share for the trailing twelve months (TTM) ended in Jun. 2021 was $8.39. Hence, MPLX LP's PS Ratio for today is 3.43.

Warning Sign:

MPLX LP stock PS Ratio (=3.43) is close to 2-year high of 3.66

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

NYSE:MPLX' s PS Ratio Range Over the Past 10 Years
Min: 1.21   Med: 3.76   Max: 10.21
Current: 3.43

1.21
10.21

During the past 11 years, MPLX LP's highest PS Ratio was 10.21. The lowest was 1.21. And the median was 3.76.

NYSE:MPLX's PS Ratio is ranked lower than
76% of the 1020 Companies
in the Oil & Gas industry.

( Industry Median: 1.32 vs. NYSE:MPLX: 3.43 )

MPLX LP's Revenue per Sharefor the three months ended in Jun. 2021 was $2.23. Its Revenue per Share for the trailing twelve months (TTM) ended in Jun. 2021 was $8.39.

Warning Sign:

MPLX LP revenue per share has been in decline for the last 5 years.

During the past 12 months, the average Revenue per Share Growth Rate of MPLX LP was 2.70% per year. During the past 3 years, the average Revenue per Share Growth Rate was -6.20% per year. During the past 5 years, the average Revenue per Share Growth Rate was -3.80% per year. During the past 10 years, the average Revenue per Share Growth Rate was -0.20% per year.

During the past 11 years, MPLX LP's highest 3-Year average Revenue per Share Growth Rate was 20.90% per year. The lowest was -16.40% per year. And the median was -2.00% per year.

Back to Basics: PS Ratio


MPLX LP PS Ratio Historical Data

The historical data trend for MPLX 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.

MPLX LP Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
PS Ratio
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.89 3.73 3.47 2.68 2.76

MPLX LP Quarterly Data
Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21
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 2.12 1.98 2.76 3.20 3.53

Competitive Comparison

For the Oil & Gas Midstream subindustry, MPLX 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.

   

MPLX LP PS Ratio Distribution

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

* The bar in red indicates where MPLX LP's PS Ratio falls into.



MPLX 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.

MPLX LP's PS Ratio for today is calculated as

PS Ratio=Share Price/Revenue per Share (TTM)
=28.76/8.387
=3.43

MPLX LP's Share Price of today is $28.76.
MPLX LP's Revenue per Share for the trailing twelve months (TTM) ended in Jun. 2021 adds up the quarterly data reported by the company within the most recent 12 months, which was $8.39.

* 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.


MPLX LP  (NYSE:MPLX) 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.


MPLX LP PS Ratio Related Terms

Thank you for viewing the detailed overview of MPLX LP's PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


MPLX LP Business Description

MPLX LP logo
Industry
Energy » Oil & Gas NAICS : 213112 SIC : 4612
Traded in Other Exchanges
Address
200 East Hardin Street, Findlay, OH, USA, 45840-3229
MPLX is a partnership that owns both pipelines and gathering and processing assets with extensive holdings in the Appalachian region. The asset base is made up of pipeline assets dropped down from Marathon Petroleum, its sponsor, and gathering and processing assets from MarkWest, which it acquired in 2015. MPLX also acquired Andeavor Logistics in July 2019.
Executives
Surma John P director PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN"> Ownership Information: SURMA JOHN P a.header:link {color: #3b4fae; font-weight: bold; text-decoration: underline;} a.header:visited {color: #3b4fae; font-weight: bold; text-decoration: underline;} a.header:hover {color: #191970;}
Beatty Michael L director 5735 PINELAND DR SUITE 300 DALLAS TX 75231
Sandman Dan D director PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN"> Ownership Information: SANDMAN DAN D a.header:link {color: #3b4fae; font-weight: bold; text-decoration: underline;} a.header:visited {color: #3b4fae; font-weight: bold; text-decoration: underline;} a.header:hover {color: #191970;}
Peiffer Garry L. director C/O MARATHON PETROLEUM CORPORATION 539 S. MAIN STREET FINDLAY OH 45840
Semple Frank M director 1515 ARAPAHOE ST. TOWER 2, SUITE 700 DENVER CO 80202
Stice J Michael director 525 CENTRAL PARK DRIVE OKLAHOMA CITY OK 73105
Helms Christopher A director MPLX LP 200 E. HARDIN STREET FINDLAY OH 45840
Aydt Timothy J officer: Chief Comm. Ofc.,Exec. VP C/O MPLX LP 200 E. HARDIN STREET FINDLAY OH 45840
Mpc Investment Llc director, 10 percent owner 539 S. MAIN STREET FINDLAY OH 45840
Mplx Gp Llc director, 10 percent owner 200 E. HARDIN STREET FINDLAY OH 45840
Mplx Logistics Holdings Llc other: Less than 10% owner 200 E. HARDIN STREET FINDLAY OH 45840
Tesoro Logistics Gp, Llc other: Less than 10% owner 200 E. HARDIN STREET FINDLAY OH 45840
Marathon Petroleum Corp director, 10 percent owner 539 SOUTH MAIN STREET FINDLAY OH 45840-3229
Western Refining, Inc. 10 percent owner 539 SOUTH MAIN STREET FINDLAY OH 45840-3229
Tesoro Refining & Marketing Co Llc other: Less than 10% owner 539 SOUTH MAIN STREET FINDLAY OH 45840-3229

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