P/E ratio for Suburban Propane Partners (SPH)
P/E ratio as of April 2024 (TTM): 14.1
According to Suburban Propane Partners's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 14.1143. At the end of 2022 the company had a P/E ratio of 5.88.
P/E ratio history for Suburban Propane Partners from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 5.88 | -31.72% |
| 2021 | 8.62 | -45.49% |
| 2020 | 15.8 | -4.5% |
| 2019 | 16.6 | -6.37% |
| 2018 | 17.7 | -51.09% |
| 2017 | 36.1 | -27.85% |
| 2016 | 50.1 | 40.14% |
| 2015 | 35.7 | 24.87% |
| 2014 | 28.6 | -13.93% |
| 2013 | 33.3 | -67.47% |
| 2012 | 102 | 473.5% |
| 2011 | 17.8 | -1.13% |
| 2010 | 18.0 | 49.4% |
| 2009 | 12.1 | 55.62% |
| 2008 | 7.76 | -7.49% |
| 2007 | 8.39 | -27.64% |
| 2006 | 11.6 | -105.85% |
| 2005 | -198 | -510.56% |
| 2004 | 48.3 | 153.85% |
| 2003 | 19.0 | 48.87% |
| 2002 | 12.8 | -19.97% |
| 2001 | 16.0 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 World Fuel Services
INT | 12.9 | -8.57% | 🇺🇸 USA |
 Sprague Resources LP SRLP | N/A | N/A | 🇺🇸 USA |
 Star Group SGU | -40.1 | -384.16% | 🇺🇸 USA |
 Ultrapar Participacoes UGP | 20.8 | 47.53% | 🇧🇷 Brazil |
 UGI Corporation
UGI | -3.93 | -127.83% | 🇺🇸 USA |
 Global Partners LP GLP | 7.28 | -48.40% | 🇺🇸 USA |
 Genie Energy
GNE | 6.34 | -55.11% | 🇺🇸 USA |
 Crestwood Equity Partners CEQP | 21.7 | 54.02% | 🇺🇸 USA |
How to read a P/E ratio?
The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.
Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.