Highest Forward P/E Ratio in the Hotels, Resorts & Cruise Lines Industry Detected in Shares of Hyatt Hotels (H, HOT, CHH, IHG, MAR)
Below are the three companies in the Hotels, Resorts & Cruise Lines industry with the highest forward price to earnings (P/E) ratios. Forward P/E uses estimated earnings to compare relative value among companies in the same industry. Generally, the lower the forward P/E, the more undervalued a company is believed to be.
Hyatt Hotels ranks highest with a a forward P/E ratio of 32.44. Starwood Hotels & Resorts is next with a a forward P/E ratio of 22.29. Choice Hotels International ranks third highest with a a forward P/E ratio of 18.89.
Intercontinental Hotels Group follows with a a forward P/E ratio of 18.07, and Marriott International rounds out the top five with a a forward P/E ratio of 17.69.
SmarTrend recommended that subscribers consider buying shares of Hyatt Hotels on February 5th, 2016 as our technology indicated a new Uptrend was in progress when shares hit $39.85. Since that recommendation, shares of Hyatt Hotels have risen 20.0%. We continue to monitor Hyatt Hotels for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
Keywords: highest forward p/e ratio hyatt hotels starwood hotels & resorts choice hotels international intercontinental hotels group Marriott International