According to Marine Products Corporation's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 6.2766. At the end of 2022 the company had a P/E ratio of 9.89.
Year | P/E ratio | Change |
---|---|---|
2022 | 9.89 | -31.95% |
2021 | 14.5 | -43.02% |
2020 | 25.5 | 45.26% |
2019 | 17.6 | -13.8% |
2018 | 20.4 | -10.45% |
2017 | 22.8 | -27.83% |
2016 | 31.5 | 98.32% |
2015 | 15.9 | -54.8% |
2014 | 35.2 | -26.52% |
2013 | 47.9 | 58.97% |
2012 | 30.1 | 9.25% |
2011 | 27.6 | -25.53% |
2010 | 37.0 | -325.15% |
2009 | -16.4 | -164.33% |
2008 | 25.5 | 60.34% |
2007 | 15.9 | -28.08% |
2006 | 22.2 | 45.7% |
2005 | 15.2 | -55.15% |
2004 | 33.9 | 26.23% |
2003 | 26.9 | 33.6% |
2002 | 20.1 | 125.87% |
2001 | 8.90 |
Company | P/E ratio | P/E ratio differencediff. | Country |
---|---|---|---|
8.96 | 42.71% | ๐บ๐ธ USA | |
7.70 | 22.62% | ๐บ๐ธ USA | |
5.36 | -14.60% | ๐บ๐ธ USA |
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.