United Parks & Resorts
PRKS
#3544
Rank
ยฃ2.48 B
Marketcap
ยฃ45.15
Share price
-0.05%
Change (1 day)
13.97%
Change (1 year)
Categories

P/E ratio for United Parks & Resorts (PRKS)

P/E ratio as of November 2024 (TTM): 15.0

According to United Parks & Resorts's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 14.9894. At the end of 2022 the company had a P/E ratio of 12.5.

P/E ratio history for United Parks & Resorts from 2013 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202212.5-36.82%
202119.8-350.53%
2020-7.92-128.71%
201927.6-36.34%
201843.3-856.47%
2017-5.73-95.16%
2016-118-442.5%
201534.513.86%
201430.3-38.33%
201349.2

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.