Suburban Propane Partners - Stock

Suburban Propane Partners P/S 2024

Suburban Propane Partners P/S

0.97

Ticker

SPH

ISIN

US8644821048

As of Jul 6, 2024, Suburban Propane Partners's P/S ratio stood at 0.97, a 44.78% change from the 0.67 P/S ratio recorded in the previous year.

The Suburban Propane Partners P/S history

Suburban Propane Partners Aktienanalyse

What does Suburban Propane Partners do?

Suburban Propane Partners LP is a leading gas supplier based in Whippany, New Jersey, USA. The company was founded in 1928 and has been listed on the New York Stock Exchange since 1996. Suburban Propane has provided a wide range of natural and liquefied gas products and services over the past nine decades, serving as a reliable partner for households, businesses, and public facilities. Suburban Propane's business model is based on the sale of liquefied propane gases. The company specializes in distributing propane gas, a natural fuel that is abundantly available in the United States. Suburban Propane particularly supplies propane gas to customers living in areas not connected to the local gas grid. Its customers come from various sectors including residential, recreational vehicles, construction, and agriculture. Suburban Propane's divisions include the sale of gas products and services to households and businesses. The company offers a wide range of gas products, including propane, propane equipment and accessories, as well as other liquid fuels such as heating oil. Suburban Propane also sells gas appliances like water heaters, air conditioners, generators, and cookers. The company also provides specialized services to support customers in using propane gas more efficiently. These services include recovery, inspection, maintenance, and repair of propane gas equipment, as well as special maintenance programs for businesses. Another important division of the company is propane delivery. Suburban Propane offers its customers safe delivery of propane gas to ensure they have enough fuel for their needs. The company also provides automatic deliveries, where customers no longer need to place orders as the company automatically delivers gas at regular intervals. Suburban Propane works closely with its customers to ensure their needs are met. The company has a dedicated team of customer service employees ready to assist customers when needed. The Suburban Propane service team is available around the clock, helping customers solve any problems or inquiries they may have. Over the years, Suburban Propane has built a reputation for reliability and service. The company strives to offer the best products and services, adapting to new developments in the propane gas industry. The company regularly invests in technology and its employees to improve its service quality and efficiency. Overall, Suburban Propane is a leading supplier of propane gas products and services in the USA. The company has gained trust and recognition over the years through its high standards and close collaboration with its customers. Suburban Propane remains committed to providing its customers with the best products and services to meet their needs and requirements for propane gas. Suburban Propane Partners ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/S Details

Decoding Suburban Propane Partners's P/S Ratio

Suburban Propane Partners'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 Suburban Propane Partners'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 Suburban Propane Partners'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 Suburban Propane Partners’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 Suburban Propane Partners stock

What is the price-to-earnings ratio of Suburban Propane Partners?

The price-earnings ratio of Suburban Propane Partners is currently 0.97.

How has the price-earnings ratio of Suburban Propane Partners changed compared to last year?

The price-to-earnings ratio of Suburban Propane Partners has increased by 44.78% 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 Suburban Propane Partners high compared to other companies?

Yes, the price-to-earnings ratio of Suburban Propane Partners is high compared to other companies.

How does an increase in the price-earnings ratio of Suburban Propane Partners affect the company?

An increase in the price-earnings ratio of Suburban Propane Partners 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 Suburban Propane Partners affect the company?

A decrease in the price-earnings ratio of Suburban Propane Partners 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 Suburban Propane Partners?

Some factors that influence the price-earnings ratio of Suburban Propane Partners are the company's growth, financial position, industry development, and the overall economic situation.

How much dividend does Suburban Propane Partners pay?

Over the past 12 months, Suburban Propane Partners paid a dividend of 1.3 USD . This corresponds to a dividend yield of about 6.93 %. For the coming 12 months, Suburban Propane Partners is expected to pay a dividend of 1.37 USD.

What is the dividend yield of Suburban Propane Partners?

The current dividend yield of Suburban Propane Partners is 6.93 %.

When does Suburban Propane Partners pay dividends?

Suburban Propane Partners pays a quarterly dividend. This is distributed in the months of August, December, March, June.

How secure is the dividend of Suburban Propane Partners?

Suburban Propane Partners paid dividends every year for the past 23 years.

What is the dividend of Suburban Propane Partners?

For the upcoming 12 months, dividends amounting to 1.37 USD are expected. This corresponds to a dividend yield of 7.32 %.

In which sector is Suburban Propane Partners located?

Suburban Propane Partners is assigned to the 'Utilities' sector.

Wann musste ich die Aktien von Suburban Propane Partners kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Suburban Propane Partners from 5/14/2024 amounting to 0.325 USD, you needed to have the stock in your portfolio before the ex-date on 5/6/2024.

When did Suburban Propane Partners pay the last dividend?

The last dividend was paid out on 5/14/2024.

What was the dividend of Suburban Propane Partners in the year 2023?

In the year 2023, Suburban Propane Partners distributed 1.3 USD as dividends.

In which currency does Suburban Propane Partners pay out the dividend?

The dividends of Suburban Propane Partners are distributed in USD.

Stock savings plans offer an attractive way for investors to build wealth over the long term. One of the main advantages is the so-called cost-average effect: by regularly investing a fixed amount in stocks or stock funds, you automatically buy more shares when prices are low, and fewer when they are high. This can lead to a more favorable average price per share over time. In addition, stock savings plans allow small investors access to expensive stocks, as they can participate with small amounts. Regular investment also promotes a disciplined investment strategy and helps to avoid emotional decisions, such as impulsive buying or selling. Furthermore, investors benefit from the potential appreciation of the stocks as well as from dividend distributions, which can be reinvested, enhancing the compounding effect and thus the growth of the invested capital.

Andere Kennzahlen von Suburban Propane Partners

Our stock analysis for Suburban Propane Partners 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 Suburban Propane Partners Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.