Shares of Rick's Cabaret International Rank the Lowest in Terms of P/E Ratio in the Leisure Facilities Industry (RICK, TRK, FUN, ISCA, SIX)
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.
Rick's Cabaret International ranks lowest with a a P/E ratio of 8.42. Following is Speedway Motorsports with a a P/E ratio of 25.13. Cedar Fair ranks third lowest with a a P/E ratio of 25.40.
International Speedway follows with a a P/E ratio of 27.53, and Six Flags Entertainment rounds out the bottom five with a a P/E ratio of 41.08.
SmarTrend recommended that subscribers consider buying shares of Rick's Cabaret International on February 26th, 2016 as our technology indicated a new Uptrend was in progress when shares hit $8.95. Since that recommendation, shares of Rick's Cabaret International have risen 25.7%. We continue to monitor Rick's Cabaret International for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
Keywords: lowest p/e ratio rick's cabaret international speedway motorsports cedar fair international speedway six flags entertainment