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Malibu Boats (Malibu Boats) PE Ratio (TTM) : 11.13 (As of Apr. 25, 2024)


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What is Malibu Boats PE Ratio (TTM)?

The PE Ratio (TTM), or Price-to-Earnings ratio, or P/E Ratio, is a financial ratio used to compare a company's market price to its Earnings per Share (Diluted). As of today (2024-04-25), Malibu Boats's share price is $34.74. Malibu Boats's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023 was $3.12. Therefore, Malibu Boats's PE Ratio (TTM) for today is 11.13.


The historical rank and industry rank for Malibu Boats's PE Ratio (TTM) or its related term are showing as below:

MBUU' s PE Ratio (TTM) Range Over the Past 10 Years
Min: 5.23   Med: 14.38   Max: 120.95
Current: 11.13


During the past 13 years, the highest PE Ratio (TTM) of Malibu Boats was 120.95. The lowest was 5.23. And the median was 14.38.


MBUU's PE Ratio (TTM) is ranked better than
66.43% of 974 companies
in the Vehicles & Parts industry
Industry Median: 16.26 vs MBUU: 11.13

Malibu Boats's Earnings per Share (Diluted) for the three months ended in Dec. 2023 was $0.49. Its Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023 was $3.12.

As of today (2024-04-25), Malibu Boats's share price is $34.74. Malibu Boats's EPS without NRI for the trailing twelve months (TTM) ended in Dec. 2023 was $3.12. Therefore, Malibu Boats's PE Ratio without NRI for today is 11.13.

During the past 13 years, Malibu Boats's highest PE Ratio without NRI was 39.69. The lowest was 5.01. And the median was 14.28.

Malibu Boats's EPS without NRI for the three months ended in Dec. 2023 was $0.49. Its EPS without NRI for the trailing twelve months (TTM) ended in Dec. 2023 was $3.12.

During the past 12 months, Malibu Boats's average EPS without NRI Growth Rate was -62.10% per year. During the past 3 years, the average EPS without NRI Growth Rate was 19.70% per year. During the past 5 years, the average EPS without NRI Growth Rate was 32.10% per year. During the past 10 years, the average EPS without NRI Growth Rate was 26.70% per year.

During the past 13 years, Malibu Boats's highest 3-Year average EPS without NRI Growth Rate was 56.70% per year. The lowest was 7.00% per year. And the median was 26.50% per year.

Malibu Boats's EPS (Basic) for the three months ended in Dec. 2023 was $0.49. Its EPS (Basic) for the trailing twelve months (TTM) ended in Dec. 2023 was $3.14.


Malibu Boats PE Ratio (TTM) Historical Data

The historical data trend for Malibu Boats's PE Ratio (TTM) 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.

Malibu Boats PE Ratio (TTM) Chart

Malibu Boats Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
PE Ratio (TTM)
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.33 17.61 14.02 7.02 11.59

Malibu Boats Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
PE Ratio (TTM) 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 6.48 6.86 11.59 11.27 17.57

Competitive Comparison of Malibu Boats's PE Ratio (TTM)

For the Recreational Vehicles subindustry, Malibu Boats's PE Ratio (TTM), along with its competitors' market caps and PE Ratio (TTM) 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.


Malibu Boats's PE Ratio (TTM) Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Malibu Boats's PE Ratio (TTM) distribution charts can be found below:

* The bar in red indicates where Malibu Boats's PE Ratio (TTM) falls into.



Malibu Boats PE Ratio (TTM) Calculation

The PE Ratio (TTM), or Price-to-Earnings ratio, or P/E Ratio, is a financial ratio used to compare a company's market price to its Earnings per Share (Diluted). It is the most widely used ratio in the valuation of stocks.

Malibu Boats's PE Ratio (TTM) for today is calculated as

PE Ratio (TTM)=Share Price/Earnings per Share (Diluted) (TTM)
=34.74/3.120
=11.13

Malibu Boats's Share Price of today is $34.74.
Malibu Boats's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $3.12.

* 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.

It can also be calculated from the numbers for the whole company:

PE Ratio (TTM)=Market Cap /Net Income

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

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

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.


Malibu Boats  (NAS:MBUU) PE Ratio (TTM) Explanation

The PE Ratio (TTM) 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 (TTM) 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 (TTM) is positive. Also for stocks with the same PE Ratio (TTM), the one with faster growth business is more attractive.

If a company loses money, the PE Ratio (TTM) 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 (TTM) divided by the growth ratio. He thinks a company with a PE Ratio (TTM) 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 (TTM) of 20, instead of a company growing 10% a year with a PE Ratio (TTM) of 10.

Because the PE Ratio (TTM) measures how long it takes to earn back the price you pay, the PE Ratio (TTM) 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 without NRI or PS Ratio or Price-to-Operating-Cash-Flow or Price-to-Free-Cash-Flow , the PE Ratio (TTM) 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 (TTM) 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 (TTM)s are artificially low. It is usually a bad idea to buy a cyclical business when the PE Ratio (TTM) is low. A better ratio to identify the time to buy a cyclical businesses is the PS Ratio .

PE Ratio (TTM) can also be affected by non-recurring-items 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 PE Ratio (TTM).


Malibu Boats PE Ratio (TTM) Related Terms

Thank you for viewing the detailed overview of Malibu Boats's PE Ratio (TTM) provided by GuruFocus.com. Please click on the following links to see related term pages.


Malibu Boats (Malibu Boats) Business Description

Traded in Other Exchanges
Address
5075 Kimberly Way, Loudon, TN, USA, 37774
Malibu Boats is a leading designer and manufacturer of power boats in the United States. It is the market leader in performance sport boats, sold under its Malibu and Axis brands. It acquired Cobalt Boats, a leading producer of sterndrive boats in the U.S. in the 24-foot to 29-foot segment, and Pursuit Boats, which makes high-end offshore and outboard motorboats in 2018. In 2021, it purchased Maverick Boat Group, a leading seller of flat fishing boats, with exposure to bay, dual-console, and center-console boats. Malibu has also expanded into boat trailers and accessories, and in 2020 began producing its own engines (Monsoon) for its performance sport boats and now for Cobalt. Malibu's target market includes a wide range of water enthusiasts who embrace the active outdoor lifestyle.
Executives
David Scott Black officer: Interim CFO C/O MALIBU BOATS, INC., 5075 KIMBERLY WAY, LOUDON TN 37774
Ritchie L. Anderson officer: Chief Operating Officer 5075 KIMBERLY WAY, LOUDON TN 37774
Springer Jackie D. Jr. officer: Chief Executive Officer 5075 KIMBERLY WAY, LOUDON TN 37774
Nancy M Taylor director TREDEGAR CORP, 1100 BOULDERS PARKWAY, RICHMOND VA 23219
Peter E Murphy director ONE CAESARS PALACE DRIVE, LAS VEGAS NV 89109
Wayne R. Wilson officer: Chief Financial Officer 5075 KIMBERLY WAY, LOUDON TN 37774
Mark W. Lanigan director, 10 percent owner 5075 KIMBERLY WAY, LOUDON TN 37774
Michael K. Hooks director, 10 percent owner 2000 AVENUE OF THE STARS, LOS ANGELES CA 90067
Joan M Lewis director C/O MALIBU BOATS, INC., 5075 KIMBERLY WAY, LOUDON TN 37774
Deborah S. Kent officer: VP Human Resources 5075 KIMBERLY WAY, LOUDON TN 37774
Phillip S. Estes director 5075 KIMBERLY WAY, LOUDON TN 37774
St Clair William Paxson Jr director, officer: President of Cobalt Boats, LLC 2625 VERONA ROAD, MISSION HILLS KS 66208
Dan L. Gasper officer: VP of Product Design 5075 KIMBERLY WAY, LOUDON TN 37774
Black Canyon Investments, L.p. 10 percent owner 2000 AVENUE OF THE STARS, 11TH FLOOR, LOS ANGELES CA 90067
Canyon Value Realization Master Fund, L.p. 10 percent owner 2000 AVENUE OF THE STARS, 11TH FLOOR, LOS ANGELES CA 90067