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Highest Forward P/E Ratio in the Leisure Facilities Industry Detected in Shares of Seaworld Enterta (SEAS, PLNT, MTN, ISCA, TRK)

By James Quinn

Below are the three companies in the Leisure Facilities 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.

Seaworld Enterta ranks highest with a a forward P/E ratio of 68.46. Planet Fitness-A is next with a a forward P/E ratio of 55.68. Vail Resorts ranks third highest with a a forward P/E ratio of 32.42.

Intl Speedway-A follows with a a forward P/E ratio of 20.48, and Speedway Motorsp rounds out the top five with a a forward P/E ratio of 18.03.

SmarTrend recommended that subscribers consider buying shares of Planet Fitness-A on October 21st, 2019 as our technology indicated a new Uptrend was in progress when shares hit $60.81. Since that recommendation, shares of Planet Fitness-A have risen 31.4%. We continue to monitor Planet Fitness-A for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: highest forward p/e ratio seaworld enterta planet fitness-a vail resorts intl speedway-a speedway motorsp

Ticker(s): SEAS PLNT MTN ISCA TRK