SPH (Suburban Propane Partners LP) Cyclically Adjusted Revenue per Share: $24.73 (As of Mar. 2026)

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SPH Suburban Propane Partners LP SPH
57 GF Score
Price $18.66
GF Value $18.09
Valuation Fairly Valued
! 3 Warning Signs
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What is Suburban Propane Partners LP Cyclically Adjusted Revenue per Share?

Suburban Propane Partners LP SPH +0.27% 57 Cyclically Adjusted Revenue per Share is $24.73 as of Mar. 2026. GuruFocus rates SPH with a GF Score™ of 57/100 and a GF Value™ of $18.09 (Fairly Valued). The stock has 3 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years.

Suburban Propane Partners LP's adjusted revenue per share for the three months ended in Mar. 2026 was $8.239. Add all the adjusted revenue per share for the past 10 years together and divide the count will get our Cyclically Adjusted Revenue per Share, which is $24.73 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Suburban Propane Partners LP's average Cyclically Adjusted Revenue Growth Rate was 1.90% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was -3.10% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was -1.60% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was -4.20% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Revenue Growth Rate using Cyclically Adjusted Revenue per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Revenue Growth Rate of Suburban Propane Partners LP was 7.10% per year. The lowest was -9.20% per year. And the median was -1.60% per year.

As of today (2026-08-01), Suburban Propane Partners LP's current stock price is $18.66. Suburban Propane Partners LP's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was $24.73. Suburban Propane Partners LP's Cyclically Adjusted PS Ratio of today is 0.75.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Suburban Propane Partners LP was 0.96. The lowest was 0.42. And the median was 0.74.


Suburban Propane Partners LP  (NYSE:SPH) Cyclically Adjusted Revenue per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Revenue per Share may underestimate the company's revenue. Cyclically Adjusted PS Ratio can seem to be too high even the actual PS Ratio is low.

For the Cyclically Adjusted PS Ratio, the revenue per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/S calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PS Ratio is also called CAPS Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

Suburban Propane Partners LP's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=18.66/24.73
=0.75

* 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.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Suburban Propane Partners LP was 0.96. The lowest was 0.42. And the median was 0.74.


Be Aware

Cyclically Adjusted PS Ratio works better for cyclical companies. It gives you a better idea on the company's real revenue value.


Suburban Propane Partners LP Cyclically Adjusted Revenue per Share Related Terms


Suburban Propane Partners LP Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Suburban Propane Partners LP's Cyclically Adjusted Revenue per Share 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.

Suburban Propane Partners LP Cyclically Adjusted Revenue per Share Chart

Suburban Propane Partners LP Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 25.97 26.89 26.26 24.71 24.48

Suburban Propane Partners LP Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Cyclically Adjusted Revenue per Share 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 24.27 24.38 24.48 24.36 24.73

SPH vs NWN, RGCO, OPAL: Cyclically Adjusted Revenue per Share Comparison

For the Utilities - Regulated Gas subindustry, Suburban Propane Partners LP's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS 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.


Suburban Propane Partners LP Cyclically Adjusted PS Ratio vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Suburban Propane Partners LP's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Suburban Propane Partners LP's Cyclically Adjusted PS Ratio falls into.


SPH
57GF Score
Suburban Propane Partners LP SPH
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Suburban Propane Partners LP Cyclically Adjusted Revenue per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years.

What is Cyclically Adjusted Revenue per Share? How do we calculate Cyclically Adjusted Revenue per Share?

Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Revenue per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the revenue per share from 2001 through 2010.

We adjusted the 2001 revenue per share data with the total inflation from 2001 through 2010 to the equivalent revenue in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's revenue is $1 a share in 2001, then the 2001's equivalent revenue in 2010 is $1.4 a share. If Wal-Mart's revenue is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 revenue in 2010 is $1.35. So on and so forth, you get the equivalent revenue per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted Revenue per Share.

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.

For example, Suburban Propane Partners LP's adjusted Revenue per Share data for the three months ended in Mar. 2026 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=8.239/330.2130*330.2130
=8.239

Current CPI (Mar. 2026) = 330.2130.

Suburban Propane Partners LP Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 3.362 241.018 4.606
201609 2.626 241.428 3.592
201612 5.182 241.432 7.088
201703 7.326 243.801 9.923
201706 3.637 244.955 4.903
201709 3.182 246.819 4.257
201712 6.067 246.524 8.127
201803 8.679 249.554 11.484
201806 3.928 251.989 5.147
201809 3.109 252.439 4.067
201812 6.092 251.233 8.007
201903 8.106 254.202 10.530
201906 3.436 256.143 4.430
201909 2.744 256.759 3.529
201912 5.349 256.974 6.873
202003 6.400 258.115 8.188
202006 3.319 257.797 4.251
202009 2.635 260.280 3.343
202012 4.864 260.474 6.166
202103 8.516 264.877 10.617
202106 3.794 271.696 4.611
202109 3.264 274.310 3.929
202112 5.930 278.802 7.023
202203 9.218 287.504 10.587
202206 4.746 296.311 5.289
202209 3.680 296.808 4.094
202212 6.217 296.797 6.917
202303 8.180 301.836 8.949
202306 4.359 305.109 4.718
202309 3.498 307.789 3.753
202312 5.682 306.746 6.117
202403 7.684 312.332 8.124
202406 3.954 314.175 4.156
202409 3.204 315.301 3.356
202412 5.765 315.605 6.032
202503 9.005 319.799 9.298
202506 3.979 322.561 4.073
202509 3.185 324.800 3.238
202512 5.572 324.054 5.678
202603 8.239 330.213 8.239

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.

What does a Cyclically Adjusted Revenue per Share of $24.73 mean?
Suburban Propane Partners LP (SPH) has a Cyclically Adjusted Revenue per Share of $24.73 as of Mar. 2026. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on Suburban Propane Partners LP and its competitors.
Is Suburban Propane Partners LP's Cyclically Adjusted Revenue per Share too high?
Suburban Propane Partners LP's current Cyclically Adjusted Revenue per Share is $24.73. Overall, Suburban Propane Partners LP has a GF Score™ of 57/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Suburban Propane Partners LP's Cyclically Adjusted Revenue per Share compare to NWN and RGCO?
Suburban Propane Partners LP's Cyclically Adjusted Revenue per Share of $24.73 can be compared against companies in the Utilities - Regulated industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Revenue per Share for an Utilities - Regulated company?
A good Cyclically Adjusted Revenue per Share depends on the Utilities - Regulated industry context. However, Cyclically Adjusted Revenue per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Revenue per Share mean?
A high Cyclically Adjusted Revenue per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on Suburban Propane Partners LP and its competitors. Suburban Propane Partners LP's current Cyclically Adjusted Revenue per Share is $24.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Suburban Propane Partners LP stock overvalued right now?
Based on GuruFocus' analysis, Suburban Propane Partners LP (SPH) is currently considered Fairly Valued. The stock's GF Value™ is $18.09, compared to a current price of $18.66 — trading 3.2% above its estimated fair value. The current Cyclically Adjusted Revenue per Share is $24.73. Suburban Propane Partners LP's overall GF Score™ is 57/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Revenue per Share calculated?
Cyclically Adjusted Revenue per Share is calculated from a company's financial statements. For Suburban Propane Partners LP (SPH), the current Cyclically Adjusted Revenue per Share is $24.73 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Suburban Propane Partners LP (SPH) Overvalued in 2026?

Based on GuruFocus' analysis, Suburban Propane Partners LP stock appears to be overvalued. The current stock price of $18.66 is trading 3.2% above its estimated GF Value™ of $18.09. GuruFocus considers Suburban Propane Partners LP to be Fairly Valued.

Key valuation signals for SPH:

  • Cyclically Adjusted Revenue per Share: $24.73
  • GF Value™: $18.09 vs. price of $18.66 (3.2% above fair value)
  • GF Score™: 57/100 with 3 warning signs

No single metric tells the full story. See the SPH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Suburban Propane Partners LP Business Description

Address 240 Route 10 West, Whippany, NJ, USA, 07981
Suburban Propane Partners LP distributes propane, renewable propane, renewable natural gas (RNG), fuel oil, refined fuels, and markets natural gas and electricity in deregulated markets. It produces and invests in low-carbon fuel alternatives. The company installs and services home comfort heating and ventilation equipment and distributes fuel oil, kerosene, diesel, and gasoline to about 25,000 residential and commercial customers mainly in the U.S. northeast. It operates three segments: Propane, Fuel Oil and Refined Fuels, and Natural Gas and Electricity, with the Propane segment generating the majority of revenue. Propane, a by-product of natural gas processing and petroleum refining, is a clean-burning energy source known for transportability and ease of use.
57GF Score

Get the complete analysis for SPH

Cyclically Adjusted Revenue per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$18.66
Price
$18.09
GF Value