P/E ratio for Six Flags (SIX)
P/E ratio as of April 2024 (TTM): 26.5
According to Six Flags's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 26.4722. At the end of 2022 the company had a P/E ratio of 17.6.
P/E ratio history for Six Flags from 2010 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 17.6 | -37.54% |
| 2021 | 28.2 | -512.64% |
| 2020 | -6.83 | -132.12% |
| 2019 | 21.3 | 25.46% |
| 2018 | 17.0 | -16.43% |
| 2017 | 20.3 | -57.01% |
| 2016 | 47.2 | 40.07% |
| 2015 | 33.7 | -37.51% |
| 2014 | 53.9 | 88.97% |
| 2013 | 28.5 | 210.61% |
| 2012 | 9.19 | -108.02% |
| 2011 | -115 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Walt Disney DIS | 90.6 | 242.23% | 🇺🇸 USA |
 SeaWorld Entertainment SEAS | 13.0 | -50.77% | 🇺🇸 USA |
 Cedar Fair FUN | 8.37 | -68.37% | 🇺🇸 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.