Planet Fitness, Inc. (PLNT) P/E Ratio History
Deep ValueTrading at 20.2x · 0th percentile of 5-year range · Significant discount to historical valuation · Data 2015–2026
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P/E Ratio Analysis
As of June 22, 2026, Planet Fitness, Inc. (PLNT) trades at a price-to-earnings ratio of 20.2x, with a stock price of $52.98 and trailing twelve-month earnings per share of $2.87.
The current P/E is 73% below its 5-year average of 73.7x. Over the past five years, PLNT's P/E has ranged from a low of 26.9x to a high of 241.8x, placing the current valuation at the 0th percentile of its historical range.
Compared to the Consumer Cyclical sector median P/E of 21.2x, PLNT is roughly in line with its sector peers. The sector includes 307 companies with P/E ratios ranging from 0.1x to 184.9x.
Relative to the broader market, PLNT trades roughly in line with the S&P 500 median P/E of 24.4x. Investors should consider the company's growth prospects, competitive position, and earnings quality when evaluating whether the current valuation is justified.
For a comprehensive intrinsic value estimate using discounted cash flow analysis, see our PLNT DCF Valuation Calculator →
Note: P/E ratio is just one valuation metric. It does not account for balance sheet strength, cash flow quality, or growth sustainability. Always conduct comprehensive due diligence before making investment decisions.
PLNT Cross-Benchmark Valuation
How does the current P/E compare to sector peers and the broader market?
PLNT P/E vs Peers
Fitness Clubs and Connected Fitness peers sorted by market cap
| Company | Market Cap | P/E Ratio | PEG Ratio | EPS Growth (1Y) |
|---|---|---|---|---|
| $8B | 22.2 | - | +124% | |
| $328B | 30.6 | 0.93 | +28% | |
| $192M | 0.2Lowest | 0.00Best | +2535%Best | |
| $467M | 565.5 | - | +113% | |
| $8B | 15.2 | 0.90 | +42% | |
| $8B | 69.5 | - | -4% | |
| $54B | 20.9 | 3.38 | -42% |
Lower P/E can signal a discount or weaker growth expectations; PEG adds growth context.
PLNT Historical P/E Data (2015–2026)
Quarterly P/E ratios calculated from closing price and TTM EPS
| Quarter | Period End | Price | TTM EPS | P/E Ratio | vs Avg |
|---|---|---|---|---|---|
| FY2026 Q1 | - | $74.38 | $2.77 | 26.9x | -69% |
| FY2025 Q4 | Dec 31 2025 | $108.47 | $2.62 | 41.4x | -52% |
| FY2025 Q3 | - | $103.80 | $2.45 | 42.4x | -51% |
| FY2025 Q2 | Jun 30 2025 | $109.05 | $2.25 | 48.5x | -44% |
| FY2025 Q1 | Mar 31 2025 | $96.61 | $2.12 | 45.6x | -47% |
| FY2024 Q4 | - | $98.87 | $2.01 | 49.2x | -43% |
| FY2024 Q3 | Sep 30 2024 | $81.22 | $1.86 | 43.7x | -49% |
| FY2024 Q2 | Jun 30 2024 | $73.59 | $1.82 | 40.4x | -53% |
| FY2024 Q1 | Mar 31 2024 | $62.63 | $1.74 | 36.0x | -58% |
| FY2023 Q4 | Dec 31 2023 | $73.00 | $1.62 | 45.1x | -48% |
| FY2023 Q3 | Sep 30 2023 | $49.18 | $1.61 | 30.5x | -65% |
| FY2023 Q2 | Jun 30 2023 | $67.44 | $1.47 | 45.9x | -47% |
| FY2023 Q1 | Mar 31 2023 | $77.67 | $1.25 | 62.1x | -28% |
| FY2022 Q4 | Dec 31 2022 | $78.80 | $1.17 | 67.4x | -22% |
| FY2022 Q3 | Sep 30 2022 | $57.66 | $0.84 | 68.6x | -20% |
| FY2022 Q2 | - | $68.01 | $0.73 | 93.2x | +8% |
| FY2022 Q1 | - | $84.48 | $0.64 | 132.0x | +53% |
| FY2021 Q4 | Dec 31 2021 | $90.58 | $0.52 | 174.2x | +102% |
| FY2021 Q3 | - | $78.55 | $0.56 | 140.3x | +63% |
| FY2021 Q2 | Jun 30 2021 | $75.25 | $0.31 | 241.8x | +180% |
| FY2020 Q3 | Sep 30 2020 | $61.62 | $0.07 | 865.4x | +903% |
| FY2020 Q2 | - | $60.57 | $0.42 | 144.2x | +67% |
| FY2020 Q1 | - | $48.70 | $1.19 | 40.9x | -53% |
| FY2019 Q4 | - | $74.68 | $1.40 | 53.3x | -38% |
| FY2019 Q3 | Sep 30 2019 | $57.87 | $1.33 | 43.5x | -50% |
| FY2019 Q2 | Jun 30 2019 | $72.44 | $1.22 | 59.4x | -31% |
| FY2019 Q1 | Mar 31 2019 | $68.72 | $1.10 | 62.5x | -28% |
| FY2018 Q4 | Dec 31 2018 | $53.62 | $1.01 | 53.1x | -38% |
| FY2018 Q3 | Sep 30 2018 | $54.03 | $0.68 | 79.5x | -8% |
| FY2018 Q2 | Jun 30 2018 | $43.94 | $0.66 | 66.6x | -23% |
| FY2018 Q1 | Mar 31 2018 | $37.77 | $0.53 | 71.3x | -17% |
| FY2017 Q4 | Dec 31 2017 | $34.63 | $0.44 | 78.7x | -9% |
| FY2017 Q3 | Sep 30 2017 | $26.98 | $0.66 | 40.9x | -53% |
| FY2017 Q2 | Jun 30 2017 | $23.34 | $0.56 | 41.7x | -52% |
| FY2017 Q1 | Mar 31 2017 | $19.27 | $0.51 | 37.8x | -56% |
| FY2016 Q4 | Dec 31 2016 | $20.10 | $0.46 | 43.7x | -49% |
| FY2016 Q3 | Sep 30 2016 | $20.07 | $0.34 | 59.0x | -32% |
| FY2016 Q2 | - | $18.88 | $0.15 | 125.9x | +46% |
| FY2016 Q1 | - | $16.24 | $0.37 | 43.9x | -49% |
| FY2015 Q4 | - | $15.63 | $0.52 | 30.1x | -65% |
| FY2015 Q3 | Sep 30 2015 | $17.14 | $0.85 | 20.2x | -77% |
Average P/E for displayed period: 86.3x
Intrinsic Valuation
DCF models, multiple analysis, and analyst estimates.
Historical Returns
11+ years return with dividends reinvested.
DCA Calculator
See how regular investing compounds over time.
Peer Comparison
Compare growth, multiples, and margins vs sector.
PLNT — Frequently Asked Questions
Quick answers to the most common questions about buying PLNT stock.
What is PLNT's P/E ratio?
Planet Fitness, Inc. (PLNT) trailing twelve-month P/E ratio is 20.2x, based on TTM diluted EPS of $2.87. The 5-year average P/E is 73.7x and the historical range spans 26.9x to 241.8x.
Is PLNT stock overvalued or undervalued?
PLNT trades at 20.2x P/E, below its 5-year average of 73.7x. At the 0th percentile of its historical range (26.9x–241.8x), the stock is priced at a discount to its own history.
Is PLNT stock expensive?
No, PLNT is not expensive on a historical basis. The current P/E of 20.2x is below the 5-year average of 73.7x and sits at the 0th percentile of its valuation range.
What is PLNT's historical P/E range?
Over the past 5 years, PLNT's P/E ratio has ranged from 26.9x to 241.8x, with a median of 48.5x and an average of 73.7x. The current P/E of 20.2x places the stock at the 0th percentile of this range. Full historical data spans 2015–2026.
How does PLNT's P/E compare to the S&P 500?
PLNT trades at 20.2x P/E versus the S&P 500 median of 24.4x. The 17% discount to the market suggests lower growth expectations or perceived higher risk.
How does PLNT's valuation compare to Consumer Cyclical peers?
Planet Fitness, Inc. P/E of 20.2x compares to the Consumer Cyclical sector median of 21.2x. The discount suggests lower growth expectations, weaker margins, or higher perceived risk relative to peers. See the peer comparison table on this page for ticker-by-ticker P/E and PEG.
What is PLNT's PEG ratio?
PLNT PEG ratio is N/A, based on a P/E of 20.2x and EPS growth of 31.0%. PEG normalises P/E by growth and helps compare stocks with different earnings trajectories.
What is PLNT's earnings yield?
PLNT earnings yield is 4.95%, the inverse of its 20.2x P/E ratio. Earnings yield represents the percentage of each dollar invested that the company earns. It can be compared directly to bond yields to assess relative attractiveness of stocks versus fixed income.