Ryman Hospitality Properties, Inc. (RHP) Stock Valuation — PE Analysis
REIT - Hotel & Motel · NYSE
Current Price
$122.81
PE Ratio (TTM)
30.3x
Intrinsic Value
$98.5
-24.7% margin of safety
COMPETITIVE MOAT
↑Unique Entertainment Venues
Ryman owns iconic venues like the Grand Ole Opry and Ryman Auditorium. These attract consistent demand and create a unique entertainment ecosystem.
↑Strong Brand Recognition
The Ryman and Opry brands are globally recognized symbols of country music and Nashville's cultural heritage. This drives customer loyalty and premium pricing.
↑Strategic Real Estate Holdings
Prime locations in Nashville and Orlando, particularly its Gaylord properties, offer significant barriers to entry for competitors. These are destination resorts.
INVESTMENT RISKS
↓Economic Sensitivity
Hotel and entertainment businesses are highly susceptible to economic downturns. Reduced consumer spending can significantly impact occupancy and revenue.
↓Competition and Market Saturation
The hospitality sector is competitive. New developments and alternative entertainment options could dilute Ryman's market share.
↓Interest Rate Fluctuations
As a REIT, Ryman relies on debt financing. Rising interest rates increase borrowing costs, potentially impacting profitability and dividend capacity.
Base case
RHP base case PE valuation
A base case PE valuation for RHP estimates a fair value of about $98.5 per share, against a current price of $122.81. The model assumes 1.7% annual earnings growth, a 30x target PE multiple, and a 10% discount rate.
Intrinsic Value
$98.5
Margin of safety
-24.7%
Expected annual return
-4.3%
Base case assumptions: 1.7% annual earnings growth, 30x target PE, 10% discount rate, 5 year projection. Data as of 2026-06-12.
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)
30.3x
PEG Ratio
n/m
Earnings Yield
3.30%
ROE (TTM)
33.0%
Revenue/Share (TTM)
$42.93
Dividend Yield
3.83%
Debt/Equity
5.64x
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 30.3x combined with a PEG ratio of -1.73 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 (30.3x) against the REIT - Hotel & Motel median to assess relative pricing, (2) check the PEG ratio (-1.73) 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 -1.73, calculated by dividing the PE ratio (30.3x) 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 33.0%, 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 2026-06-12. Financial data from Financial Modeling Prep (trailing twelve months) · Valuation methodology by Charlie Wang.
This is an estimate, not investment advice.