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Cedar Fair LP (Cedar Fair LP) Shiller PE Ratio

: 26.79 (As of Today)
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As of today (2024-04-23), Cedar Fair LP's current share price is $38.31. Cedar Fair LP's E10 for the quarter that ended in Dec. 2023 was $1.43. Cedar Fair LP's Shiller PE Ratio for today is 26.79.

The historical rank and industry rank for Cedar Fair LP's Shiller PE Ratio or its related term are showing as below:

FUN' s Shiller PE Ratio Range Over the Past 10 Years
Min: 8.56   Med: 39.99   Max: 59.85
Current: 26.79

During the past years, Cedar Fair LP's highest Shiller PE Ratio was 59.85. The lowest was 8.56. And the median was 39.99.

FUN's Shiller PE Ratio is ranked worse than
50.77% of 390 companies
in the Travel & Leisure industry
Industry Median: 26.44 vs FUN: 26.79

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

Cedar Fair LP's adjusted earnings per share data for the three months ended in Dec. 2023 was $-0.195. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $1.43 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Cedar Fair LP Shiller PE Ratio Historical Data

The historical data trend for Cedar Fair LP's Shiller PE 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.

* Premium members only.

Cedar Fair LP Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 26.03 33.33 48.74 29.54 27.77

Cedar Fair LP Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Shiller PE Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 29.54 32.29 28.08 26.27 27.77

Competitive Comparison

For the Leisure subindustry, Cedar Fair LP's Shiller PE Ratio, along with its competitors' market caps and Shiller PE 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 Shiller PE Ratio Distribution

For the Travel & Leisure industry and Consumer Cyclical sector, Cedar Fair LP's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Cedar Fair LP's Shiller PE Ratio falls into.



Cedar Fair LP Shiller PE Ratio Calculation

For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller PE Ratio is also called PE10.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

Cedar Fair LP's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=38.31/1.43
=26.79

* 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.

Cedar Fair LP's E10 for the quarter that ended in Dec. 2023 is calculated as:

For example, Cedar Fair LP's adjusted earnings per share data for the three months ended in Dec. 2023 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=-0.195/129.4194*129.4194
=-0.195

Current CPI (Dec. 2023) = 129.4194.

Cedar Fair LP Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 -1.510 99.695 -1.960
201406 0.790 100.560 1.017
201409 2.900 100.428 3.737
201412 -0.320 99.070 -0.418
201503 -1.500 99.621 -1.949
201506 1.020 100.684 1.311
201509 2.920 100.392 3.764
201512 -0.460 99.792 -0.597
201603 -0.870 100.470 -1.121
201606 1.030 101.688 1.311
201609 3.100 101.861 3.939
201612 -0.120 101.863 -0.152
201703 -1.160 102.862 -1.459
201706 0.550 103.349 0.689
201709 3.380 104.136 4.201
201712 1.010 104.011 1.257
201803 -1.490 105.290 -1.831
201806 0.340 106.317 0.414
201809 3.760 106.507 4.569
201812 -0.400 105.998 -0.488
201903 -1.490 107.251 -1.798
201906 1.110 108.070 1.329
201909 3.340 108.329 3.990
201912 0.049 108.420 0.058
202003 -3.830 108.902 -4.552
202006 -2.350 108.767 -2.796
202009 -2.410 109.815 -2.840
202012 -1.860 109.897 -2.190
202103 -1.950 111.754 -2.258
202106 -1.040 114.631 -1.174
202109 2.600 115.734 2.907
202112 -0.479 117.630 -0.527
202203 -1.560 121.301 -1.664
202206 0.890 125.017 0.921
202209 5.860 125.227 6.056
202212 0.235 125.222 0.243
202303 -2.610 127.348 -2.652
202306 1.040 128.729 1.046
202309 4.210 129.860 4.196
202312 -0.195 129.419 -0.195

Add all the adjusted EPS together and divide 10 will get our E10.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


Cedar Fair LP  (NYSE:FUN) Shiller PE Ratio Explanation

Compared with the regular PE Ratio, which works poorly for cyclical businesses, the Shiller PE Ratio smoothed out the fluctuations of profit margins during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Shiller PE Ratio should give similar results to regular PE Ratio.

Compared with the PS Ratio, the Shiller PE Ratio makes the comparison between different industries more meaningful.


Be Aware

Shiller PE Ratio assumes that over the long term, businesses and profitability revert to their means. If a company's business model does not work in the future compared with the past, Shiller PE Ratio and PS Ratio will give false valuations.


Cedar Fair LP Shiller PE Ratio Related Terms

Thank you for viewing the detailed overview of Cedar Fair LP's Shiller PE Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Cedar Fair LP (Cedar Fair LP) Business Description

Traded in Other Exchanges
N/A
Address
One Cedar Point Drive, Sandusky, OH, USA, 44870-5259
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.
Executives
Nina Barton director ONE CEDAR POINT DRIVE, SANDUSKY OH 44870
Monica Sauls officer: Senior VP CHRO ONE CEDAR POINT DRIVE, SANDUSKY OH 44870
Jennifer Mason director C/O CEDAR FAIR, 8701 RED OAK BLVD., CHARLOTTE NC 28217
Michelle M Frymire director C/O SPIRIT REALTY CAPITAL, INC., 2727 N. HARWOOD STREET, SUITE 300, DALLAS TX 75201
Daniel J Hanrahan director ROYAL CARIBBEAN CRUISES LTD, 1050 CARIBBEAN WAY, MIAMI FL 33132
Brian Nurse officer: Exec VP, Chief Legal Officer ONE CEDAR POINT DRIVE, SANDUSKY OH 44870
Matthew A Ouimet officer: President ONE CEDAR POINT DR., SANDUSKY OH 44870
Louis Carr director ONE CEDAR POINT DRIVE, SANDUSKY OH 44870
Carlos Ruisanchez director C/O PINNACLE ENTERTAINMENT INC, 3980 HOWARD HUGHES PARKWAY, LAS VEGAS NV 89169
Tim Fisher officer: Chief Operating Officer ONE CEDAR POINT DRIVE, SANDUSKY OH 44870
Craig Heckman officer: SVP, Human Resources ONE CEDAR POINT DRIVE, SANDUSKY OH 44870
Brian C Witherow officer: V.P. & Corporate Controller ONE CEDAR POINT DRIVE, SANDUSKY OH 44870
David R. Hoffman officer: VP of Finance & Corp Tax ONE CEDAR POINT DRIVE, SANDUSKY OH 44870
Milkie Duffield officer: V.P. & General Counsel ONE CEDAR POINT DR, SANDUSKY OH 44870
Richard Zimmerman officer: VP & GM - Great America ONE CEDAR POINT DRIVE, SANDUSKY OH 44870