The PS Ratio, or Price-to-Sales ratio, or Price/Sales, is a financial ratio used to compare a company's market price to its Revenue per Share. As of today, Cedar Fair LP's share price is $37.86.
Cedar Fair LP's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was $35.08. Hence, Cedar Fair LP's PS Ratio for today is 1.08.
Good Sign:
Cedar Fair LP stock PS Ratio (=1.09) is close to 3-year low of 1
The historical rank and industry rank for Cedar Fair LP's PS Ratio or its related term are showing as below:
FUN'
s PS Ratio Range Over the Past 10 Years
Min: 0.63 Med: 2.4 Max: 20.66
Current: 1.09
During the past 13 years, Cedar Fair LP's highest PS Ratio was 20.66. The lowest was 0.63. And the median was 2.40.
FUN's PS Ratio is ranked better than 63.23% of 824
companies
in the Travel & Leisure industry
Industry Median: 1.61
vs FUN: 1.09
During the past 12 months, the average Revenue per Share Growth Rate of Cedar Fair LP was 8.40% per year.
During the past 3 years, the average Revenue per Share Growth Rate was 121.50% per year.
During the past 5 years, the average Revenue per Share Growth Rate was 14.00% per year.
During the past 10 years, the average Revenue per Share Growth Rate was 0.80% per year.
During the past 13 years, Cedar Fair LP's highest 3-Year average Revenue per Share Growth Rate was 121.50% per year. The lowest was -48.30% per year. And the median was 5.30% per year.
Back to Basics: PS Ratio
Cedar Fair LP PS Ratio Historical Data
The historical data trend for Cedar Fair LP's PS Ratio can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Competitive Comparison of Cedar Fair LP's PS Ratio
For the Leisure subindustry, Cedar Fair LP's PS Ratio, along with its competitors' market caps and PS Ratio data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Cedar Fair LP's PS Ratio Distribution in the Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Cedar Fair LP's PS Ratio distribution charts can be found below:
* The bar in red indicates where Cedar Fair LP's PS Ratio falls into.
Cedar Fair LP PS Ratio Calculation
The PS Ratio, or Price-to-Sales ratio, or Price/Sales, is a financial ratio used to compare a company's market price to its Revenue per Share. It is a ratio widely used to value stocks and it was first used by Ken Fisher.
Cedar Fair LP's Share Price of today is $37.86. Cedar Fair LP's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $35.08.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
It can also be calculated from the numbers for the whole company:
The PS Ratio is an excellent valuation indicator if you want to compare a stock with its historical valuation or with the stocks in the same industry. The PS Ratio works especially well when you want to compare the stock's current valuation with its historical valuation. The PS Ratio is a great valuation tool for evaluating cyclical businesses where the PE Ratio works poorly. It works the best when comparing the current valuation with the historical valuation because over time, a company's profit margin tends to revert to the mean.
When the PS Ratio is applied to the whole stock market, it can be used to evaluate the current market valuation and projected returns. In this case, the price is the total market cap of all stocks that are traded, and sales are the GDP of the country. This is how Warren Buffett estimates the broad market valuation and project future returns.
The PS Ratio does not tell you how cheap or expensive the stock is. It cannot be used to compare companies in different industries. It works better for companies within the same industry because these companies tend to have similar capital structures and profit margins. It works the best when comparing a company with itself in the past.
Cedar Fair LP PS Ratio Related Terms
Thank you for viewing the detailed overview of Cedar Fair LP's PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Cedar Fair LP (Cedar Fair LP) Business Description
Cedar Fair LP operates amusement park-resorts located in various states across USA and Canada. All their parks have facilities for people from all age groups as well as exciting rides and attractions. The Partnership's portfolio of parks includes Cedar Point, Kings Island, Canada's Wonderland, Dorney Park and the Wildwater Kingdom, Valleyfair, Michigan's Adventure, Kings Dominion, Carowinds, Worlds of Fun, Knott's Berry Farm, and California's Great America. Other than these parks, the partnership also holds a contract to operate a few other parks. Revenues are obtained from amounts paid to gain admission to parks including parking fees, extra-charge attractions, and others.
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