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World Wrestlin-A is Among the Companies in the Movies & Entertainment Industry With the Highest Forward P/E Ratio (WWE, RDI, AMC, RGC, IMAX)

By Nick Russo

Below are the three companies in the Movies & Entertainment 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.

World Wrestlin-A ranks highest with a a forward P/E ratio of 56.61. Reading Intl-A is next with a a forward P/E ratio of 23.98. Amc Entertainmen ranks third highest with a a forward P/E ratio of 20.13.

Regal Entertai-A follows with a a forward P/E ratio of 19.48, and Imax Corp rounds out the top five with a a forward P/E ratio of 18.92.

SmarTrend recommended that its subscribers protect gains by selling shares of Imax Corp on October 7th, 2019 by issuing a Downtrend alert when the shares were trading at $21.07. Since that call, shares of Imax Corp have fallen 4.2%. 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 world wrestlin-a reading intl-a amc entertainmen regal entertai-a imax corp

Ticker(s): WWE RDI AMC RGC IMAX