P/E ratio for MasterCraft Boat (MCFT)
P/E ratio as of May 2024 (TTM): 5.08
According to MasterCraft Boat's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 5.08163. At the end of 2022 the company had a P/E ratio of 8.29.
P/E ratio history for MasterCraft Boat from 2015 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 8.29 | -6.93% |
| 2021 | 8.91 | -133.71% |
| 2020 | -26.4 | -262.75% |
| 2019 | 16.2 | 102.31% |
| 2018 | 8.03 | -54.13% |
| 2017 | 17.5 | 34.4% |
| 2016 | 13.0 | -83.51% |
| 2015 | 79.0 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 MasterCraft Boat MCFT | 5.08 | 0.00% | 🇺🇸 USA |
 Malibu Boats MBUU | 7.26 | 42.83% | 🇺🇸 USA |
 Marine Products Corporation MPX | 8.07 | 58.83% | 🇺🇸 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.