P/E ratio for MarineMax (HZO)
P/E ratio as of June 2023 (TTM): 3.69
According to MarineMax's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 3.69167. At the end of 2021 the company had a P/E ratio of 7.77.
P/E ratio history for MarineMax from 2001 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 7.77 | -8.85% |
| 2020 | 8.52 | -7.06% |
| 2019 | 9.17 | -10.35% |
| 2018 | 10.2 | -42.63% |
| 2017 | 17.8 | -6.01% |
| 2016 | 19.0 | 107.01% |
| 2015 | 9.16 | -71.66% |
| 2014 | 32.3 | 34.74% |
| 2013 | 24.0 | |
| 2011 | -13.3 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Advance Auto Parts
AAP | 8.12 | 119.96% | 🇺🇸 USA |
 AutoZone AZO | 19.0 | 413.60% | 🇺🇸 USA |
 Copart
CPRT | 38.6 | 945.86% | 🇺🇸 USA |
 O'Reilly Automotive ORLY | 25.6 | 594.53% | 🇺🇸 USA |
 CarParts.com
PRTS | 35.3 | 857.11% | 🇺🇸 USA |
 Marine Products Corporation MPX | 11.9 | 221.57% | 🇺🇸 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.