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, Inergy Midstream LP's share price is $23.39.
Inergy Midstream LP's Revenue per Share for the trailing twelve months (TTM) ended in Jun. 2015 was $0.00. Hence, Inergy Midstream LP's PS Ratio for today is .
Good Sign:
Crestwood Midstream Partners LP stock P/S Ratio (=0.51) is close to 5-year low of 0.51
The historical rank and industry rank for Inergy Midstream LP's PS Ratio or its related term are showing as below:
NRGM'
s PS Ratio Range Over the Past 10 Years
Min: 0.51 Med: 7.04 Max: 34.4
Current: 0.51
During the past 6 years, Inergy Midstream LP's highest PS Ratio was 34.40. The lowest was 0.51. And the median was 7.04.
NRGM's PS Ratio is not ranked
in the Oil & Gas industry.
Industry Median: 1.165
vs NRGM: 0.51
Inergy Midstream LP's Revenue per Sharefor the
three
months ended in Jun. 2015 was $0.00.
Its Revenue per Share for the trailing twelve months (TTM) ended in Jun. 2015 was $0.00.
During the past 12 months, the average Revenue per Share Growth Rate of Inergy Midstream LP was 8.20% per year.
During the past 3 years, the average Revenue per Share Growth Rate was 83.90% per year.
During the past 6 years, Inergy Midstream LP's highest 3-Year average Revenue per Share Growth Rate was 83.90% per year. The lowest was 0.00% per year. And the median was 0.00% per year.
Back to Basics: PS Ratio
Inergy Midstream LP PS Ratio Historical Data
The historical data trend for Inergy Midstream 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.
Inergy Midstream LP Annual Data
Trend
Sep09
Sep10
Sep11
Sep12
Dec13
Dec14
PS Ratio
-
-
9.19
3.92
1.11
Inergy Midstream LP Quarterly Data
Sep10
Dec10
Mar11
Jun11
Sep11
Dec11
Mar12
Jun12
Sep12
Dec12
Mar13
Jun13
Sep13
Dec13
Mar14
Jun14
Sep14
Dec14
Mar15
Jun15
PS Ratio
1.96
1.59
1.11
1.10
0.92
Competitive Comparison
For the Oil & Gas Midstream subindustry, Inergy Midstream 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.
Inergy Midstream LP PS Ratio Distribution
For the Oil & Gas industry and Energy sector, Inergy Midstream LP's PS Ratio distribution charts can be found below:
* The bar in red indicates where Inergy Midstream LP's PS Ratio falls into.
Inergy Midstream 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.
Inergy Midstream LP's PS Ratio for today is calculated as
Inergy Midstream LP's Share Price of today is $23.39.
Inergy Midstream LP's Revenue per Share for the trailing twelve months (TTM) ended in Jun. 2015 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.00.
* 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:
Inergy Midstream LP (NYSE:NRGM) 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.
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.
Inergy Midstream LP PS Ratio Related Terms
Thank you for viewing the detailed overview of Inergy Midstream LP's PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Inergy Midstream LP (Inergy Midstream LP) Business Description
Crestwood Midstream Partners LP, formerly known as Inergy Midstream, L.P., is a Delaware limited partnership formed in November 2011. The Company develops, acquires, owns and operates fee-based assets and operations within the energy midstream sector. The Company owns and operates a diversified portfolio of crude oil and natural gas gathering, processing, storage and transportation assets that connect energy supply with energy demand across North America. The Company has three reporting segments: Gathering and Processing, NGL and crude services, and Storage and Transportation. The Gathering and Processing operations engage in the gathering, processing, treating, compression, transportation and sales of natural gas and the delivery of NGLs. In Gathering and Processing, the Company provides natural gas gathering, processing, treating and compression services to producers in unconventional shale plays located in West Virginia, Wyoming, Texas, Arkansas, New Mexico and Louisiana. The Company owns rich gas systems in the Marcellus, Powder River Basin, Niobrara, Barnett, Granite Wash, and Avalon/Bone Spring Shale plays, and dry gas gathering systems in the Barnett, Fayetteville and Haynesville/Bossier Shale plays. The NGL and crude services operations provide gathering, storage and transportation services to producers, refiners, marketers, and others that effectively provide flow assurances to customers, as well as the production and sale of salt products. Operations in NGL and Crude segment include crude oil rail terminals, the Arrow gathering system, an NGL storage facility, and U.S Salt, LLC. The Storage and Transportation operations provide natural gas storage and transportations services to third parties. The corporate operations include all general and administrative expenses that are not allocated to the reportable segments. The Company owns and operates four natural gas storage facilities located in New York and Pennsylvania that have an aggregate working gas storage capacity of approximately 41.0 Bcf namely Stagecoach, Thomas Corners, Steuben, and Seneca Lake. Further, the Company owns natural gas transportation facilities located in New York and Pennsylvania namely North-South Facilities, MARC I Pipeline, and East Pipeline. Sales of crude oil, NGLs and salt are recognized at the time product is shipped or delivered to the customer depending on the sales terms. The Company is expanding its gathering and compression facilities in the Marcellus Shale.
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