As of Jul 25, 2024, the PLNT stock has a PE ratio of 42.69. The calculation is based on the latest EPS of $1.75 and the stock price of $74.7 per share. An increase of 9% has been observed in the PE ratio compared to its average of 39.1 of the last four quarters.
The mean historical PE ratio of Planet Fitness over the last nine years is 95.28. The current 42.69 P/E ratio is 55% lower than the historical average. Looking back at the last nine years, PLNT's PE ratio peaked in the Sep 2020 quarter at 770.25, with a price of $61.62 and an EPS of $0.08. The Sep 2015 quarter marked the lowest point at 20.4, with a price of $17.14 and an EPS of N/A.
Maximum annual increase: 105.1% in 2017
Maximum annual decrease: -71.71% in 2016
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 44.79 | -32.93% |
| 2022 | 66.78 | -62.4% |
| 2021 | 177.61 | N/A |
| 2020 | N/A | N/A |
| 2019 | 52.59 | -0.94% |
| 2018 | 53.09 | -35.61% |
| 2017 | 82.45 | 105.1% |
| 2016 | 40.2 | -71.71% |
| 2015 | 142.09 | N/A |
| 2014 | N/A | N/A |
Currently, PLNT's PE ratio is lower than its 3 and 5-year averages.
PLNT's PE ratio stands higher than its peer stock XPOF.
| Stock name | PE ratio | Market cap |
|---|---|---|
| XPOF Xponential Fitness Inc | 8.28 | $855.68M |
| PLNT Planet Fitness Inc | 42.85 | $6.61B |
PLNT's price to earnings ratio is 42.69 as of Jul 25, 2024.
Over the last 3 years, the average price to earnings ratio for PLNT stock is 81.56.
Over the last 5 years, the average price to earnings ratio for PLNT stock is 128.67.
Over the last nine years, the Sep 2020 quarter recorded the highest quarterly PE ratio at 770.25.
PLNT's current price to earnings ratio is 55% below its 9-year historical average.
The P/E ratio is calculated by taking the latest stock price and dividing it by the EPS for the last 12 months. As of today (Jul 25, 2024), Planet Fitness's share price is $74.7. The company's earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $1.75. Therefore, Planet Fitness's PE ratio for today is 42.69. PE RATIO(42.69) = STOCK PRICE($74.7) / TTM EPS($1.75)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.