This valuation method assumes that the stock valuation will revert to its historical (10-Year) mean in terms of PS Ratio. The reason we use PS Ratio instead of PE Ratio or PB Ratio is because PS Ratio is independent of profit margin, and can be applied to a broader range of situations.
Median PS Value is calculated as trailing twelve months (TTM) Revenue per Share times 10-Year median PS Ratio. Cedar Fair LP's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was $35.084. Cedar Fair LP's 10-Year median PS Ratio is 2.4909. Therefore, the Median PS Value for today is $87.39.
As of today (2024-05-03), Cedar Fair LP's share price is $38.78. Cedar Fair LP's Median PS Value is $87.39. Therefore, Cedar Fair LP's Price to Median PS Value for today is 0.44.
The historical rank and industry rank for Cedar Fair LP's Median PS Value or its related term are showing as below:
FUN'
s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.43 Med: 1.15 Max: 5.26
Current: 0.44
During the past 13 years, the highest Price to Median PS Value of Cedar Fair LP was 5.26. The lowest was 0.43. And the median was 1.15.
FUN's Price-to-Median-PS-Value is ranked better than 86.12% of 490
companies
in the Travel & Leisure industry
Industry Median: 0.88
vs FUN: 0.44
Cedar Fair LP Median PS Value Historical Data
The historical data trend for Cedar Fair LP's Median PS Value 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 Median PS Value
For the Leisure subindustry, Cedar Fair LP's Price-to-Median-PS-Value, along with its competitors' market caps and Price-to-Median-PS-Value 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 Price-to-Median-PS-Value Distribution in the Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Cedar Fair LP's Price-to-Median-PS-Value distribution charts can be found below:
* The bar in red indicates where Cedar Fair LP's Price-to-Median-PS-Value falls into.
Cedar Fair LP Median PS Value Calculation
Cedar Fair LP's Median PS Value for today is calculated as
10-Year Median PS Ratio is 2.4909.
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 $35.084.
* 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 (NYSE:FUN) Median PS Value Explanation
This valuation method assumes that the stock valuation will revert to its historical (10-Year) mean in terms of PS Ratio. The reason we use PS Ratio instead of PE Ratio or PB Ratio
is because PS Ratio is independent of profit margin, and can be applied to a broader range of situations.
It also assumes that over time the profit margin is constant. If a company increases its profit margin to a sustainable level, this value might under-estimate its value. If it has permanent declined profit margins, this may over-estimate the company's value.
Cedar Fair LP's Price to Median PS Value for today is calculated as
Price to Median PS Value
=
Share Price
/
Median PS Value
=
38.78
/
87.39
=
0.44
* 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 Median PS Value Related Terms
Thank you for viewing the detailed overview of Cedar Fair LP's Median PS Value 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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