Ryman Hospitality Properties, Inc. (RHP) Stock Valuation — PE Analysis
REIT - Hotel & Motel · NYSE
Current Price
$119.29
PE Ratio (TTM)
27.8x
Intrinsic Value
$136.4
+12.5% margin of safety
COMPETITIVE MOAT
↑Unique, High-End Resort Portfolio
RHP owns a collection of premier, large-scale resorts in desirable locations. This curated portfolio offers a distinct advantage in attracting and retaining high-value leisure and group business.
↑Strong Brand Recognition
Brands like Gaylord Hotels and The Ritz-Carlton Amelia Island possess significant brand equity. This recognition drives customer loyalty and allows for premium pricing power.
↑Scale and Operational Expertise
Managing large, complex resorts requires specialized expertise and economies of scale. RHP's experience in this niche allows for efficient operations and superior guest experiences.
INVESTMENT RISKS
↓High Leverage and Debt Service
The acquisition of Grande Lakes Orlando Resort suggests a strategy of growth through debt. High leverage increases financial risk, especially during economic downturns.
↓Interest Rate Sensitivity
As a real estate investment trust, RHP's profitability is sensitive to interest rate fluctuations. Rising rates can increase borrowing costs and impact property valuations.
↓Operational Disruptions and Capital Expenditures
Large resorts require ongoing maintenance and potential renovations. Unexpected disruptions or significant capital expenditure needs could impact cash flow and profitability.
Base case
RHP base case PE valuation
A base case PE valuation for RHP estimates a fair value of about $136.4 per share, against a current price of $119.29. The model assumes 9.3% annual earnings growth, a 28.07x target PE multiple, and a 10% discount rate.
Intrinsic Value
$136.4
Margin of safety
+12.5%
Expected annual return
+2.7%
Base case assumptions: 9.3% annual earnings growth, 28.07x target PE, 10% discount rate, 5 year projection. Data as of 2026-10-07.
This base case uses default assumptions and is not financial advice. The fair value changes significantly when the target PE or earnings growth rate changes. Open the calculator to set your own assumptions and see the full sensitivity range.
Customize the RHP PE valuation
Adjust the target PE, earnings growth, and discount rate to see how the fair value and margin of safety for Ryman Hospitality Properties, Inc. respond.
Open PE Calculator for RHPCompany Overview
Ryman Hospitality Properties, Inc. (NYSE: RHP) operates as a prominent real estate investment trust (REIT) in the lodging and hospitality sectors, focusing on high-end convention center properties and a diverse portfolio of country music entertainment venues. At its core, the company boasts a collection of five premier non-gaming convention center hotels, recognized among the ten largest nationwide by indoor meeting capacity. These expansive resorts, branded as Gaylord Hotels, are expertly managed by Marriott International. Complementing these, Ryman also possesses two nearby auxiliary hotels and several attractions, all overseen by Marriott International. Collectively, these properties provide an impressive 10,110 guest rooms and over 2.7 million square feet of combined indoor and outdoor meeting facilities, strategically situated in prime convention and leisure markets throughout the nation. Its Entertainment division encompasses an expanding array of celebrated and burgeoning country music enterprises. This includes renowned names such as the Grand Ole Opry, Ryman Auditorium, and WSM 650 AM, alongside Ole Red and Circle, a country lifestyle media network jointly owned with Gray Television. This entertainment arm functions as a taxable REIT subsidiary. Specifically, Ryman wholly owns the Gaylord Opryland, Gaylord Palms, Gaylord Texan, and Gaylord National Resort & Convention Centers. Furthermore, it holds the majority stake and serves as the managing member within the joint venture that controls the Gaylord Rockies Resort & Convention Center.
Financial Metrics — RHP PE Stock Valuation Data
PE Ratio (TTM)
27.8x
PEG Ratio
n/m
Earnings Yield
3.56%
ROE (TTM)
36.4%
Revenue/Share (TTM)
$43.47
Dividend Yield
4.00%
Debt/Equity
5.52x
Frequently Asked Questions
What is the PE ratio of RHP?
The trailing twelve-month PE ratio of RHP reflects how much investors pay per dollar of Ryman Hospitality Properties, Inc.'s earnings. This metric is most useful when compared to REIT - Hotel & Motel peers and the company's own historical range.
Is RHP overvalued based on PE ratio?
RHP's PE of 27.8x combined with a PEG ratio of -30.26 provides a growth-adjusted perspective. RHP has negative earnings, so its PE and PEG ratios are not meaningful here and cannot tell you whether the stock is over or undervalued. Keep in mind that PE-based valuation works best for profitable, mature companies — for high-growth or cyclical REIT - Hotel & Motel, a DCF analysis may be more appropriate.
How do I value RHP stock using PE ratio?
To value Ryman Hospitality Properties, Inc. using PE: (1) Compare the current PE (27.8x) against the REIT - Hotel & Motel median to assess relative pricing, (2) check the PEG ratio (-30.26) to adjust for growth expectations, (3) review the 5-year PE range to identify where the stock sits historically, and (4) estimate fair value by multiplying a target PE by forward EPS estimates. This relative approach complements DCF's absolute valuation.
What is the PEG ratio of RHP?
RHP's PEG ratio is -30.26, calculated by dividing the PE ratio (27.8x) by the expected earnings growth rate. Because RHP has negative earnings, its PEG ratio is not meaningful and should not be read as a sign of under or overvaluation. Note that PEG accuracy depends on the reliability of growth estimates.
Should I use PE ratio or DCF for RHP stock valuation?
PE ratio gives a quick relative read — how RHP is priced versus REIT - Hotel & Motel peers. DCF provides an absolute value based on projected free cash flows. For RHP, with a strong ROE of 36.4%, both methods are worth using — PE for a market-relative check, DCF to stress-test whether fundamentals justify the price. Each method has blind spots: PE ignores capital structure and cash flow quality, while DCF is sensitive to growth and discount rate assumptions.
Learn More
- See RHP DCF Valuation → — Intrinsic value via Discounted Cash Flow analysis
- PE Methodology — Step-by-step guide to PE ratio stock valuation
- DCF Methodology — Guide to discounted cash flow analysis
- PE Ratio — Understanding the price-to-earnings ratio
- Intrinsic Value — How to evaluate stock fair value
Related PE Valuations
All Real Estate valuationsP/E and DCF value RHP with different methods and assumptions, so the two conclusions can differ. Compare the DCF intrinsic value.
Price as of 2026-10-07. Financial data from Financial Modeling Prep (trailing twelve months) · Valuation methodology by Charlie Wang.
This is an estimate, not investment advice.