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Vail resorts p/e
doesn't vail resorts' p/e seem way high at 133?
sorry for the ignorance but what is that?
Los que mas saeeen
Wrong forum, but I found the PE of 133.18 on google finance - I wouldn't trust google finance. Zack's has it at 40.07 which I trust a little more but I've found highly different figures everywhere after doing a quick search. First thing you gotta do is figure out how they're measuring earnings to be used in their ratios. Price should be ok as its just the market valued price which I'd imagine even a bad reporting company wouldn't mess up. Compare it to other resorts PE's etc, but it seems pretty out of whack at 133.18
price to earnings ratio. it's the price of the stock to the annual earnings of the company per share (price/EPS). 133 is very high. 25 is the normal upwards bound, 15 the normal lower bound, but a company with high prospects will have a higher p/e ratio, while poorly performing companies may have lower p/e's.
i had no idea there were different p/e's. google finance and scottrade match up. yahoo finance may be where the first poster found his.
Usually, the reason PE's are reported differently is that the time with which they measure earnings is different. For example one reporting company may choose more recent earnings (quarterly), another may choose year-end figures, and another may think that TTM is more accurate. Given the high PE reported on google finance, and scottrade as you mentioned, I'd assume they're using more recent earnings time frames (which somewhat invalidates my earlier post stating that they might not be as accurate). I haven't looked at Vail's recent earnings, but with the terrible snow season Colorado has had, I imagine Vail has taken quite a dent in their earnings which would lead to a high PE ratio.
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