P/E ratio for Cedar Fair (FUN)
P/E ratio as of December 2023 (TTM): 8.61
According to Cedar Fair's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 8.61277. At the end of 2022 the company had a P/E ratio of 7.55.
P/E ratio history for Cedar Fair from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 7.55 | -112.95% |
| 2021 | -58.3 | 1448.42% |
| 2020 | -3.76 | -120.64% |
| 2019 | 18.2 | -13.61% |
| 2018 | 21.1 | 24.77% |
| 2017 | 16.9 | -16.17% |
| 2016 | 20.2 | -27.33% |
| 2015 | 27.8 | 9.2% |
| 2014 | 25.4 | 0.58% |
| 2013 | 25.3 | 37.63% |
| 2012 | 18.4 | 1.73% |
| 2011 | 18.1 | -171.51% |
| 2010 | -25.3 | -239.51% |
| 2009 | 18.1 | -86.99% |
| 2008 | 139 | -152.71% |
| 2007 | -264 | -1638.04% |
| 2006 | 17.2 | 79.91% |
| 2005 | 9.55 | -57.93% |
| 2004 | 22.7 | 25.44% |
| 2003 | 18.1 | 11.14% |
| 2002 | 16.3 | -24.5% |
| 2001 | 21.6 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Walt Disney DIS | 74.2 | 761.53% | 🇺🇸 USA |
 Six Flags SIX | 27.7 | 221.87% | 🇺🇸 USA |
 SeaWorld Entertainment SEAS | 13.1 | 52.02% | 🇺🇸 USA |
How to read a P/E ratio?
The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.
Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.