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Marine Products PE Ratio without NRI

: 12.11 (As of Today)
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The PE Ratio without NRI, or P/E Ratio without non-recurring items, is a financial ratio used to compare a company's market price to its EPS without NRI. As of today (2022-08-16), Marine Products's share price is $11.50. Marine Products's EPS without NRI for the trailing twelve months (TTM) ended in Jun. 2022 was $0.95. Therefore, Marine Products's PE Ratio without NRI for today is 12.11.

During the past 13 years, Marine Products's highest PE Ratio without NRI was 58.70. The lowest was 8.83. And the median was 25.05.

Marine Products's EPS without NRI for the three months ended in Jun. 2022 was $0.29. Its EPS without NRI for the trailing twelve months (TTM) ended in Jun. 2022 was $0.95.

As of today (2022-08-16), Marine Products's share price is $11.50. Marine Products's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2022 was $. Therefore, Marine Products's PE Ratio for today is N/A.

During the past years, Marine Products's highest PE Ratio was 58.70. The lowest was 8.83. And the median was 25.05.

Marine Products's EPS (Diluted)for the three months ended in Jun. 2022 was $0.29. Its EPS (Diluted) for the trailing twelve months (TTM) ended in Jun. 2022 was $0.00.

Marine Products's EPS (Basic) for the three months ended in Jun. 2022 was $0.29. Its EPS (Basic) for the trailing twelve months (TTM) ended in Jun. 2022 was $0.95.


Marine Products PE Ratio without NRI Historical Data

The historical data trend for Marine Products's PE Ratio without NRI 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.

Marine Products Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
PE Ratio without NRI
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 23.16 20.37 17.35 25.51 14.71

Marine Products Quarterly Data
Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
PE Ratio without NRI 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 Premium Member Only Premium Member Only Premium Member Only 19.06 15.26 14.71 13.92 10.01

Competitive Comparison

For the Recreational Vehicles subindustry, Marine Products's PE Ratio without NRI, along with its competitors' market caps and PE Ratio without NRI 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.

   

Marine Products PE Ratio without NRI Distribution

For the Vehicles & Parts industry and Consumer Cyclical sector, Marine Products's PE Ratio without NRI distribution charts can be found below:

* The bar in red indicates where Marine Products's PE Ratio without NRI falls into.



Marine Products PE Ratio without NRI Calculation

The PE Ratio without NRI, or P/E Ratio without non-recurring items, is a financial ratio used to compare a company's market price to its EPS without NRI. Regular PE Ratio can be affected by Non Operating Income such as the sale of part of businesses. This may increase for the current year or quarter dramatically. But it cannot be repeated over and over. Therefore PE Ratio without NRI is a more accurate indication of valuation than regular PE Ratio.

Marine Products's PE Ratio without NRI for today is calculated as

PE Ratio without NRI=Share Price/ EPS without NRI
=11.50/0.950
=12.11

Marine Products's Share Price of today is $11.50.
Marine Products's EPS without NRI for the trailing twelve months (TTM) ended in Jun. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.95.

* 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.

There are at least three kinds of PE Ratios used by different investors. They are Trailing Twelve Month PE Ratio, Forward PE Ratio, or PE Ratio without NRI. A new PE Ratio based on inflation-adjusted normalized PE Ratio is called Shiller PE Ratio, after Yale professor Robert Shiller.

In the case of PE Ratio without NRI, the reported earnings less the non-recurring items are used.

In the calculation of PE Ratio, the earnings per share used are the earnings per share over the past 12 months.

For Forward PE Ratio, the earnings are the expected earnings for the next twelve months.

For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. Since it looks at the average over the last 10 years, Shiller PE Ratio is also called PE10.


Marine Products  (NYSE:MPX) PE Ratio without NRI Explanation

The PE Ratio can be viewed as the number of years it takes for the company to earn back the price you pay for the stock. For example, if a company earns $2 a share per year, and the stock is traded at $30, the PE Ratio is 15. Therefore it takes 15 years for the company to earn back the $30 you paid for its stock, assuming the earnings stays constant over the next 15 years.

In real business, earnings never stay constant. If a company can grow its earnings, it takes fewer years for the company to earn back the price you pay for the stock. If a company's earnings decline it takes more years. As a shareholder, you want the company to earn back the price you pay as soon as possible. Therefore, lower P/E stocks are more attractive than higher P/E stocks so long as the PE Ratio is positive. Also for stocks with the same PE Ratio, the one with faster growth business is more attractive.

If a company loses money, the PE Ratio becomes meaningless.

To compare stocks with different growth rates, Peter Lynch invented a ratio called PEG Ratio. PEG Ratio is defined as the PE Ratio divided by the growth ratio. He thinks a company with a PE Ratio equal to its growth rate is fairly valued. Still he said he would rather buy a company growing 20% a year with a PE Ratio of 20, instead of a company growing 10% a year with a PE Ratio of 10.

Because the PE Ratio measures how long it takes to earn back the price you pay, the PE Ratio can be applied to the stocks across different industries. That is why it is the one of the most important and widely used indicators for the valuation of stocks.

Similar to the PE Ratio or PS Ratio or Price-to-Operating-Cash-Flow or Price-to-Free-Cash-Flow , the PE Ratio without NRI measures the valuation based on the earning power of the company. This is where it is different from the PB Ratio , which measures the valuation based on the company's balance sheet.


Be Aware

Investors need to be aware that the PE Ratio can be misleading a lot of times, especially when the underlying business is cyclical and unpredictable. As Peter Lynch pointed out, cyclical businesses have higher profit margins at the peaks of the business cycles. Their earnings are high and PE Ratio s are artificially low. It is usually a bad idea to buy a cyclical business when the PE Ratio is low. A better ratio to identify the time to buy a cyclical businesses is the PS Ratio.


Marine Products PE Ratio without NRI Related Terms

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Marine Products Business Description

Marine Products logo
Traded in Other Exchanges
N/A
Address
2801 Buford Highway NE, Suite 300, Atlanta, GA, USA, 30329
Marine Products Corp is a manufacturer of fiberglass motorized boats distributed and marketed through its independent dealer network. It operates in the Powerboat Manufacturing business segment through Nashville, Georgia, Valdosta, and Georgia. Its product offerings include Chaparral sterndrive, outboard, and jet pleasure boats and Robalo outboard sport fishing boats. The company offers its products to the family recreational and cruiser markets through its Chaparral brand and to the sportfishing market through its Robalo brand.
Executives
Schmit Michael officer: CFO and Corporate Secretary 3055 TORRINGTON DRIVE BALL GROUND GA 30107
Wilson John F director 2170 PIEDMONT ROAD, NE ATLANTA GA 30324
Gunning Patrick J. director 1958 CALDER COURT DUNWOODY GA 30338
Bell Susan R. director 852 CASTLE FALLS DR. ATLANTA GA 30329
Cynkus Harry J director 2170 PIEDMONT RD ATLANTA GA 30324
Nix Jerry W director 2999 WILDWOOD PARKWAY ATLANTA GA 30339
2007 Gwr Grandchildren's Partnership 10 percent owner C/O RFA MANAGEMENT COMPANY, LLC 1908 CLIFF VALLEY WAY NE ATLANTA GA 30329
1997 Rrr Grandchildren's Partnership 10 percent owner C/O RFA MANAGEMENT COMPANY, LLC 1908 CLIFF VALLEY WAY NE ATLANTA GA 30329
R. Randall Rollins Voting Trust U/a Dated August 25, 1994 10 percent owner C/O RFA MANAGEMENT COMPANY, LLC 1908 CLIFF VALLEY WAY NE ATLANTA GA 30329
R. Randall Rollins 2012 Trust 10 percent owner C/O RFA MANAGEMENT COMPANY, LLC 1908 CLIFF VALLEY WAY, NE ATLANTA GA 30329
Wneg Investments, L.p. 10 percent owner C/O RFA MANAGEMENT COMPANY, LLC 1908 CLIFF VALLEY WAY NE ATLANTA GA 30329
Gary W. Rollins Revocable Trust 10 percent owner C/O RFA MANAGEMENT COMPANY, LLC 1908 CLIFF VALLEY WAY NE ATLANTA GA 30329
Rctlor, Llc 10 percent owner C/O RFA MANAGEMENT COMPANY 1908 CLIFF VALLEY WAY NE ATLANTA GA 30329
Rft Investment Company, Llc 10 percent owner C/O RFA MANAGEMENT COMPANY, LLC 1908 CLIFF VALLEY WAY NE ATLANTA GA 30329
Rollins Holding Company, Inc. 10 percent owner C/O RFA MANAGEMENT COMPANY, LLC 1908 CLIFF VALLEY WAY NE ATLANTA GA 30329

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