Marine Products Corporation
MPX
#7262
Rank
$0.34 B
Marketcap
$9.98
Share price
1.42%
Change (1 day)
2.78%
Change (1 year)

P/E ratio for Marine Products Corporation (MPX)

P/E ratio as of November 2024 (TTM): 7.05

According to Marine Products Corporation's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 7.04965. At the end of 2022 the company had a P/E ratio of 9.89.

P/E ratio history for Marine Products Corporation from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20229.89-31.95%
202114.5-43.02%
202025.545.26%
201917.6-13.8%
201820.4-10.45%
201722.8-27.83%
201631.598.32%
201515.9-54.8%
201435.2-26.52%
201347.958.97%
201230.19.25%
201127.6-25.53%
201037.0-325.15%
2009-16.4-164.33%
200825.560.34%
200715.9-28.08%
200622.245.7%
200515.2-55.15%
200433.926.23%
200326.933.6%
200220.1125.87%
20018.90

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
11.7 65.58%๐Ÿ‡บ๐Ÿ‡ธ USA
9.70 37.53%๐Ÿ‡บ๐Ÿ‡ธ USA
6.09-13.68%๐Ÿ‡บ๐Ÿ‡ธ USA

How to read a P/E ratio?

The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.

Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.