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Shares of Cedar Fair L.P. Rank the Lowest in Terms of P/E Ratio in the Leisure Facilities Industry (FUN, SIX, TRK, SEAS, ISCA)

By Amy Schwartz

Below are the three companies in the Leisure Facilities industry with the lowest price to earnings (P/E) ratios. P/E is an important valuation tool when comparing companies in the same industry. A higher P/E ratio means that investors are paying more for each unit of net income, so the stock is more expensive compared to one with a lower P/E ratio.

Cedar Fair L.P. ranks lowest with a a P/E ratio of 17.31. Following is Six Flags Entert with a a P/E ratio of 18.80. Speedway Motorsp ranks third lowest with a a P/E ratio of 23.03.

Seaworld Enterta follows with a a P/E ratio of 24.77, and Intl Speedway-A rounds out the bottom five with a a P/E ratio of 27.23.

SmarTrend recommended that subscribers consider buying shares of Intl Speedway-A on November 12th, 2018 as our technology indicated a new Uptrend was in progress when shares hit $43.54. Since that recommendation, shares of Intl Speedway-A have risen 3.3%. We continue to monitor Intl Speedway-A for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: lowest p/e ratio cedar fair l.p. six flags entert speedway motorsp seaworld enterta intl speedway-a