What is the price-to-earnings ratio of Phillips 66?
The price-earnings ratio of Phillips 66 is currently 0.49.
Phillips 66 P/S 2024
Phillips 66 P/S
0.49
Phillips 66 Dividend yield
Ticker
PSX
ISIN
US7185461040
WKN
A1JWQU
As of Apr 28, 2024, Phillips 66's P/S ratio stood at 0.49, a 68.97% change from the 0.29 P/S ratio recorded in the previous year.
The Phillips 66 P/S history
Phillips 66 Aktienanalyse
What does Phillips 66 do?
Phillips 66 is an American company specializing in the production of fuel, lubricants, and other petrochemical products. It has a long history dating back to 1917 when the Marland Oil Company was founded. The company grew rapidly and expanded in the 1930s through the construction of refineries. In 1955, Marland Oil Company merged with Phillips Petroleum Company to form the current Phillips 66. Today, Phillips 66 is one of the largest and most successful companies in the oil and gas industry, with its headquarters in Houston, Texas, and nearly 14,000 employees worldwide. The company's business model focuses on processing crude oil and gas from natural gas fields. It operates several refineries in the US, Europe, and Asia to produce gasoline, kerosene, diesel, and other petrochemical products from crude oil. Phillips 66 is also involved in the production of lubricants and other petrochemical products. The company is divided into four main segments: Refining, Marketing and Logistics, Chemicals, and Midstream. These segments complement each other and contribute to the company's success. The Refining segment includes the production of fuels such as gasoline, diesel, and jet fuel, as well as other petrochemical products. Phillips 66's refineries operate in the US, Europe, and Asia and process millions of barrels of crude oil daily. The Marketing and Logistics segment handles the marketing of Phillips 66 products. The company operates over 7,500 gas stations and supplies customers in the aviation, shipping, and transportation industries. Phillips 66 is also involved in the storage, transportation, and distribution of petrochemical products. The Chemicals segment includes the production of chemicals and plastic products from crude oil. Phillips 66's products are used in various industries, including the automotive, electronics, and packaging industries. The Midstream segment refers to the supply chain of crude oil and natural gas. Phillips 66 owns and operates pipelines, loading terminals, and oil ports in the US, Europe, and Asia. The company also provides services to remove sulfur from crude oil to meet emissions standards. Phillips 66's product range is diverse and includes fuels such as gasoline, diesel, jet fuel, and lubricants. The company also produces petrochemical products such as rubber, plastic, resin, and other specialty products. In the renewable energy sector, Phillips 66 has invested in some projects to reduce its CO2 emissions. The company is involved in the development of biofuels and has also partnered with a company to produce renewable natural gas in the US. Overall, Phillips 66 is a company with a long history and a wide range of products and services. It has successfully specialized in processing crude oil and gas from natural gas fields and operates successfully in various business areas. Phillips 66's commitment to renewable energy is another example of the company's ability to respond to industry challenges. Phillips 66 ist eines der beliebtesten Unternehmen auf Eulerpool.com.P/S Details
Decoding Phillips 66's P/S Ratio
Phillips 66's Price to Sales (P/S) Ratio is a crucial financial metric that measures the company's market valuation relative to its total sales revenue. It's calculated by dividing the company's market capitalization by its total sales over a specific period. A lower P/S ratio can indicate that the company is undervalued, while a higher ratio may suggest overvaluation.
Year-to-Year Comparison
Comparing Phillips 66's P/S ratio yearly provides insights into how the market perceives the company’s value relative to its sales. An increasing ratio over time can indicate growing investor confidence, while a decreasing trend might reflect concerns about the company’s revenue generation capabilities or market conditions.
Impact on Investments
The P/S ratio is instrumental for investors evaluating Phillips 66's stock. It offers insights into the company’s efficiency in generating sales and its market valuation. Investors use this ratio to compare similar companies within the same industry, aiding in selecting stocks that offer the best value for investment.
Interpreting P/S Ratio Fluctuations
Variations in Phillips 66’s P/S ratio can result from changes in the stock price, sales revenue, or both. Understanding these fluctuations is crucial for investors to evaluate the company’s current valuation and future growth potential, aligning their investment strategies accordingly.
Frequently Asked Questions about Phillips 66 Stock
How has the price-earnings ratio of Phillips 66 changed compared to last year?
The price-to-earnings ratio of Phillips 66 has increased by 68.97% increased compared to last year.
What consequences does a high price-earnings ratio have for investors?
A high price-to-earnings ratio indicates that the company's stock is relatively expensive and investors may potentially achieve a lower return.
What does a low price-earnings ratio mean?
A low price-earnings ratio means that the company's stock is relatively cheap and investors may potentially achieve a higher return.
Is the price-earnings ratio of Phillips 66 high compared to other companies?
Yes, the price-to-earnings ratio of Phillips 66 is high compared to other companies.
How does an increase in the price-earnings ratio of Phillips 66 affect the company?
An increase in the price-earnings ratio of Phillips 66 would lead to a higher market capitalization of the company, which in turn would lead to a higher valuation of the company.
How does a reduction in the price-to-earnings ratio of Phillips 66 affect the company?
A decrease in the price-earnings ratio of Phillips 66 would result in a lower market capitalization of the company, which in turn would lead to a lower valuation of the company.
What are some factors that influence the price-earnings ratio of Phillips 66?
Some factors that influence the price-earnings ratio of Phillips 66 are the company's growth, financial position, industry development, and the overall economic situation.
How much dividend does Phillips 66 pay?
Over the past 12 months, Phillips 66 paid a dividend of . This corresponds to a dividend yield of about . For the coming 12 months, Phillips 66 is expected to pay a dividend of 5 USD.
What is the dividend yield of Phillips 66?
The current dividend yield of Phillips 66 is .
When does Phillips 66 pay dividends?
Phillips 66 pays a quarterly dividend. This is distributed in the months of September, December, March, June.
How secure is the dividend of Phillips 66?
Phillips 66 paid dividends every year for the past 16 years.
What is the dividend of Phillips 66?
For the upcoming 12 months, dividends amounting to 5 USD are expected. This corresponds to a dividend yield of 3.3 %.
In which sector is Phillips 66 located?
Phillips 66 is assigned to the 'Energy' sector.
Wann musste ich die Aktien von Phillips 66 kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of Phillips 66 from 6/3/2024 amounting to 1.15 USD, you needed to have the stock in your portfolio before the ex-date on 5/17/2024.
When did Phillips 66 pay the last dividend?
The last dividend was paid out on 6/3/2024.
What was the dividend of Phillips 66 in the year 2023?
In the year 2023, Phillips 66 distributed 3.83 USD as dividends.
In which currency does Phillips 66 pay out the dividend?
The dividends of Phillips 66 are distributed in USD.
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Andere Kennzahlen von Phillips 66
Our stock analysis for Phillips 66 Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Phillips 66 Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.
