• Return to Headlines

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

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 49.98. Following is Planet Fitness-A with a a forward P/E ratio of 47.48. Vail Resorts ranks third highest with a a forward P/E ratio of 28.25.

Intl Speedway-A follows with a a forward P/E ratio of 19.56, and Six Flags Entert rounds out the top five with a a forward P/E ratio of 16.03.

SmarTrend recommended that its subscribers protect gains by selling shares of Six Flags Entert on February 14th, 2019 by issuing a Downtrend alert when the shares were trading at $54.52. Since that call, shares of Six Flags Entert have fallen 6.6%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

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

Ticker(s): SEAS PLNT MTN ISCA SIX