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MarineMax (STU:MLW) Cyclically Adjusted PS Ratio : 0.36 (As of May. 23, 2024)


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What is MarineMax Cyclically Adjusted PS Ratio?

As of today (2024-05-23), MarineMax's current share price is €24.96. MarineMax's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €69.07. MarineMax's Cyclically Adjusted PS Ratio for today is 0.36.

The historical rank and industry rank for MarineMax's Cyclically Adjusted PS Ratio or its related term are showing as below:

STU:MLW' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.21   Med: 0.53   Max: 1.49
Current: 0.35

During the past years, MarineMax's highest Cyclically Adjusted PS Ratio was 1.49. The lowest was 0.21. And the median was 0.53.

STU:MLW's Cyclically Adjusted PS Ratio is ranked better than
59.63% of 763 companies
in the Retail - Cyclical industry
Industry Median: 0.48 vs STU:MLW: 0.35

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

MarineMax's adjusted revenue per share data for the three months ended in Mar. 2024 was €23.317. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is €69.07 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


MarineMax Cyclically Adjusted PS Ratio Historical Data

The historical data trend for MarineMax's Cyclically Adjusted PS Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

MarineMax Cyclically Adjusted PS Ratio Chart

MarineMax Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.44 0.64 0.99 0.49 0.47

MarineMax Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted PS Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.44 0.50 0.47 0.54 0.44

Competitive Comparison of MarineMax's Cyclically Adjusted PS Ratio

For the Specialty Retail subindustry, MarineMax's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


MarineMax's Cyclically Adjusted PS Ratio Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, MarineMax's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where MarineMax's Cyclically Adjusted PS Ratio falls into.



MarineMax Cyclically Adjusted PS Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PS Ratio takes the Revenue per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/S calculation. Because it considers this 10-year average, it's often referred to as the CAPS Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio.

MarineMax's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=24.96/69.07
=0.36

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

MarineMax's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, MarineMax's adjusted Revenue per Share data for the three months ended in Mar. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=23.317/131.7762*131.7762
=23.317

Current CPI (Mar. 2024) = 131.7762.

MarineMax Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 6.384 100.560 8.366
201409 5.131 100.428 6.733
201412 5.140 99.070 6.837
201503 6.295 99.621 8.327
201506 8.160 100.684 10.680
201509 6.777 100.392 8.896
201512 6.290 99.792 8.306
201603 7.238 100.470 9.493
201606 12.417 101.688 16.091
201609 8.099 101.861 10.478
201612 8.630 101.863 11.164
201703 9.121 102.862 11.685
201706 11.697 103.349 14.914
201709 8.917 104.136 11.284
201712 8.814 104.011 11.167
201803 9.566 105.290 11.972
201806 13.339 106.317 16.533
201809 11.356 106.507 14.050
201812 9.088 105.998 11.298
201903 11.473 107.251 14.097
201906 14.872 108.070 18.134
201909 12.784 108.329 15.551
201912 12.506 108.420 15.200
202003 12.713 108.902 15.383
202006 20.071 108.767 24.317
202009 14.977 109.815 17.972
202012 14.872 109.897 17.833
202103 19.116 111.754 22.541
202106 24.006 114.631 27.596
202109 17.334 115.734 19.737
202112 18.458 117.630 20.678
202203 24.588 121.301 26.711
202206 29.376 125.017 30.964
202209 24.389 125.227 25.665
202212 21.576 125.222 22.705
202303 23.873 127.348 24.703
202306 29.708 128.729 30.411
202309 24.485 129.860 24.846
202312 21.198 129.419 21.584
202403 23.317 131.776 23.317

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


MarineMax  (STU:MLW) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PS Ratio should give similar results to regular PS Ratio.


MarineMax Cyclically Adjusted PS Ratio Related Terms

Thank you for viewing the detailed overview of MarineMax's Cyclically Adjusted PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


MarineMax (STU:MLW) Business Description

Traded in Other Exchanges
Address
2600 McCormick Drive, Suite 200, Clearwater, FL, USA, 33759
MarineMax Inc is a United-States-based company that sells new and used recreational boats under premium brands, and related marine products, like engines, parts, and accessories. The company is also engaged in other businesses, including providing services of repair, maintenance, and storage; managing related boat financing, insurance, and others; offering brokerage sales of boats and yachts; and operating a yacht charter business. The reportable segments of the company are Retail Operations and Product Manufacturing. The Retail Operations segment generates the majority of the company's revenue. The sale of new and used boats accounts for the majority of the company's total revenue. It serves customers across the U.S.

MarineMax (STU:MLW) Headlines

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