GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Legacy Reserves Inc (NAS:LGCYO.PFD) » Definitions » Shiller PE Ratio

Legacy Reserves (Legacy Reserves) Shiller PE Ratio : (As of Jun. 20, 2024)


View and export this data going back to 2014. Start your Free Trial

What is Legacy Reserves Shiller PE Ratio?

Note: If the price history is too short, we do not calculate current Shiller PE for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Legacy Reserves Shiller PE Ratio Historical Data

The historical data trend for Legacy Reserves's Shiller PE 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.

Legacy Reserves Shiller PE Ratio Chart

Legacy Reserves Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Legacy Reserves Quarterly Data
Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19
Shiller PE Ratio 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 - - - - -

Competitive Comparison of Legacy Reserves's Shiller PE Ratio

For the Oil & Gas E&P subindustry, Legacy Reserves's Shiller PE Ratio, along with its competitors' market caps and Shiller PE 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.


Legacy Reserves's Shiller PE Ratio Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Legacy Reserves's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Legacy Reserves's Shiller PE Ratio falls into.



Legacy Reserves Shiller PE Ratio Calculation

For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller PE Ratio is also called PE10.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

Legacy Reserves's E10 for the quarter that ended in Sep. 2019 is calculated as:

For example, Legacy Reserves's adjusted earnings per share data for the three months ended in Sep. 2019 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Sep. 2019 (Change)*Current CPI (Sep. 2019)
=0/108.3294*108.3294
=0.000

Current CPI (Sep. 2019) = 108.3294.

Legacy Reserves Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
200912 0.000 91.111 0.000
201003 0.000 91.821 0.000
201006 0.000 91.962 0.000
201009 0.000 92.162 0.000
201012 0.000 92.474 0.000
201103 0.000 94.283 0.000
201106 0.000 95.235 0.000
201109 0.000 95.727 0.000
201112 0.000 95.213 0.000
201203 0.000 96.783 0.000
201206 0.000 96.819 0.000
201209 0.000 97.633 0.000
201212 0.000 96.871 0.000
201303 0.000 98.209 0.000
201306 0.000 98.518 0.000
201309 0.000 98.790 0.000
201312 0.000 98.326 0.000
201403 0.000 99.695 0.000
201406 0.000 100.560 0.000
201409 0.000 100.428 0.000
201412 0.000 99.070 0.000
201503 0.000 99.621 0.000
201506 0.000 100.684 0.000
201509 0.000 100.392 0.000
201512 0.000 99.792 0.000
201603 0.000 100.470 0.000
201606 0.000 101.688 0.000
201609 0.000 101.861 0.000
201612 0.000 101.863 0.000
201703 0.000 102.862 0.000
201706 0.000 103.349 0.000
201709 0.000 104.136 0.000
201712 0.000 104.011 0.000
201803 0.000 105.290 0.000
201806 0.000 106.317 0.000
201809 0.000 106.507 0.000
201812 0.000 105.998 0.000
201903 0.000 107.251 0.000
201906 0.000 108.070 0.000
201909 0.000 108.329 0.000

Add all the adjusted EPS together and divide 10 will get our E10.

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.


Legacy Reserves  (NAS:LGCYO.PFD) Shiller PE Ratio Explanation

Compared with the regular PE Ratio, which works poorly for cyclical businesses, the Shiller PE Ratio smoothed out the fluctuations of profit margins during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Shiller PE Ratio should give similar results to regular PE Ratio.

Compared with the PS Ratio, the Shiller PE Ratio makes the comparison between different industries more meaningful.


Be Aware

Shiller PE Ratio assumes that over the long term, businesses and profitability revert to their means. If a company's business model does not work in the future compared with the past, Shiller PE Ratio and PS Ratio will give false valuations.


Legacy Reserves Shiller PE Ratio Related Terms

Thank you for viewing the detailed overview of Legacy Reserves's Shiller PE Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Legacy Reserves (Legacy Reserves) Business Description

Traded in Other Exchanges
N/A
Address
303 West Wall Street, Suite 1800, Midland, TX, USA, 79701
Legacy Reserves LP is a limited partnership which focuses on the acquisition and development of oil and natural gas properties primarily located in the Permian Basin, East Texas, Rocky Mountain and Mid-Continent regions of the United States. The company owns an interest in producing oil and natural gas properties in the Permian Basin, East Texas, Piceance Basin of Colorado, Texas Panhandle, Wyoming, North Dakota, Montana, Oklahoma and several other states. The company operates through the segment being the Acquisition and development of oil and natural gas properties.
Executives
Robert L Norris officer: Chief Financial Officer 303 W. WALL ST, SUITE 1800, MIDLAND TX 79701
Ferrara Albert E Iii officer: See Remarks 303 W WALL ST, SUITE 1800, MIDLAND TX 79701
Elliott Cory J officer: Chief Information Officer 303 W WALL ST, SUITE 1800, MIDLAND TX 79701
Douglas W York director 1776 LINCOLN ST, STE 700, DENVER CO 80202
Baines Creek Capital, Llc 10 percent owner 11940 JOLLYVILLE, SUITE 210-S, AUSTIN TX 78759
William R Granberry director ONE WILLIAMS CENTER, SUITE 3800, TULSA OK 74172
D Dwight Scott director 1601 N.W. EXPRESSWAY, SUITE 1600, OKLAHOMA CITY OK 73118
Kyle D Vann director 11 HEPPLEWHITE WAY, THE WOODLANDS TX 77382
Cary D Brown director C/O LEGACY RESERVES GP, LLC, 303 W. WALL STREET, SUITE 1600, MIDLAND TX 79701
G Larry Lawrence director C/O LEGACY RESERVES GP, LLC, 303 W. WALL STREET, SUITE 1600, MIDLAND TX 79701
Kyle A Mcgraw officer: EVP and CDO C/O LEGACY RESERVES GP, LLC, 303 W. WALL STREET, SUITE 1600, MIDLAND TX 79701
Paul T Horne director, officer: Chairman and CEO C/O LEGACY RESERVES GP, LLC, 303 W. WALL STREET, SUITE 1600, MIDLAND TX 79701
Micah C. Foster officer: CAO and Controller 404 VETERANS AIRPARK LANE, SUITE 300, MIDLAND TX 79705
Dan G. Leroy officer: VP, GC and Secretary 303 W. WALL STREET, SUITE 4200, MIDLAND TX 79701
James Daniel Westcott officer: President and CFO C/O LEGACY RESERVES GP LLC, 303 W WALL STREET SUITE 1400, MIDLAND TX 79701