P/E ratio for Suburban Propane Partners (SPH)

P/E ratio history for Suburban Propane Partners from 2001 to 2023

PE ratio at the end of each year

P/E ratio for similar companies or competitors

Company	P/E ratio	P/E ratio differencediff.	Country
Crestwood Equity Partners CEQP	21.7	63.10%	🇺🇸 USA
UGI Corporation UGI	-4.31	-132.30%	🇺🇸 USA
Star Group SGU	-45.0	-437.89%	🇺🇸 USA
World Fuel Services INT	12.9	-3.18%	🇺🇸 USA
Global Partners LP GLP	8.27	-37.95%	🇺🇸 USA
Genie Energy GNE	6.42	-51.86%	🇺🇸 USA
Sprague Resources LP SRLP	N/A	N/A	🇺🇸 USA
Ultrapar Participacoes UGP	13.1	-1.43%	🇧🇷 Brazil

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.