GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Marine Products Corp (NYSE:MPX) » Definitions » Cyclically Adjusted PS Ratio

Marine Products (Marine Products) Cyclically Adjusted PS Ratio : 1.14 (As of May. 14, 2024)


View and export this data going back to 2001. Start your Free Trial

What is Marine Products Cyclically Adjusted PS Ratio?

As of today (2024-05-14), Marine Products's current share price is $10.75. Marine Products's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $9.47. Marine Products's Cyclically Adjusted PS Ratio for today is 1.14.

The historical rank and industry rank for Marine Products's Cyclically Adjusted PS Ratio or its related term are showing as below:

MPX' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.01   Med: 1.8   Max: 4.62
Current: 1.12

During the past years, Marine Products's highest Cyclically Adjusted PS Ratio was 4.62. The lowest was 1.01. And the median was 1.80.

MPX's Cyclically Adjusted PS Ratio is ranked worse than
62.73% of 998 companies
in the Vehicles & Parts industry
Industry Median: 0.66 vs MPX: 1.12

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

Marine Products's adjusted revenue per share data for the three months ended in Mar. 2024 was $2.054. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is $9.47 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Marine Products Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Marine Products's Cyclically Adjusted PS Ratio 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.

Marine Products Cyclically Adjusted PS Ratio Chart

Marine Products Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.40 2.24 1.67 1.37 1.21

Marine Products Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted PS Ratio 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 1.47 1.83 1.51 1.21 1.24

Competitive Comparison of Marine Products's Cyclically Adjusted PS Ratio

For the Recreational Vehicles subindustry, Marine Products's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS Ratio 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.


Marine Products's Cyclically Adjusted PS Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Marine Products's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Marine Products's Cyclically Adjusted PS Ratio falls into.



Marine Products Cyclically Adjusted PS Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PS Ratio takes the Revenue per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/S calculation. Because it considers this 10-year average, it's often referred to as the CAPS Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio.

Marine Products's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=10.75/9.47
=1.14

* 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.

Marine Products's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Marine Products's adjusted Revenue per Share data for the three months ended in Mar. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=2.054/129.4194*129.4194
=2.054

Current CPI (Mar. 2024) = 129.4194.

Marine Products Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 1.290 100.560 1.660
201409 1.020 100.428 1.314
201412 1.162 99.070 1.518
201503 1.406 99.621 1.827
201506 1.659 100.684 2.132
201509 1.317 100.392 1.698
201512 1.392 99.792 1.805
201603 1.720 100.470 2.216
201606 1.753 101.688 2.231
201609 1.490 101.861 1.893
201612 1.424 101.863 1.809
201703 2.103 102.862 2.646
201706 2.114 103.349 2.647
201709 1.753 104.136 2.179
201712 1.727 104.011 2.149
201803 2.306 105.290 2.834
201806 2.589 106.317 3.152
201809 2.144 106.507 2.605
201812 1.661 105.998 2.028
201903 2.489 107.251 3.003
201906 2.667 108.070 3.194
201909 2.176 108.329 2.600
201912 1.456 108.420 1.738
202003 1.783 108.902 2.119
202006 1.202 108.767 1.430
202009 2.071 109.815 2.441
202012 2.143 109.897 2.524
202103 2.355 111.754 2.727
202106 2.019 114.631 2.279
202109 2.276 115.734 2.545
202112 2.297 117.630 2.527
202203 2.293 121.301 2.446
202206 2.802 125.017 2.901
202209 2.991 125.227 3.091
202212 3.243 125.222 3.352
202303 3.544 127.348 3.602
202306 3.371 128.729 3.389
202309 2.313 129.860 2.305
202312 2.107 129.419 2.107
202403 2.054 129.419 2.054

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


Marine Products  (NYSE:MPX) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PS Ratio should give similar results to regular PS Ratio.


Marine Products Cyclically Adjusted PS Ratio Related Terms

Thank you for viewing the detailed overview of Marine Products's Cyclically Adjusted PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Marine Products (Marine Products) Business Description

Traded in Other Exchanges
Address
2801 Buford Highway NE, Suite 300, Atlanta, GA, USA, 30329
Marine Products Corp is a manufacturer of fiberglass motorized boats distributed and marketed through its independent dealer network. It operates in the Powerboat Manufacturing business segment through Nashville, Georgia, Valdosta, and Georgia. Its product offerings include Chaparral sterndrive, outboard, and jet pleasure boats and Robalo outboard sport fishing boats. The company offers its products to the family recreational and cruiser markets through its Chaparral brand and to the sportfishing market through its Robalo brand.
Executives
Gary W. Rollins Voting Trust U/a Dated September 14, 1994 10 percent owner C/O RFA MANAGEMENT COMPANY, LLC, 1908 CLIFF VALLEY WAY, NE, ATLANTA GA 30329
Amy Rollins Kreisler director 2801 BUFORD HIGHWAY, NE, SUITE 520, ATLANTA GA 30329
Lor Inc 10 percent owner C/O RFA MANAGEMENT COMPANY, LLC, 1908 CLIFF VALLEY WAY NE, ATLANTA GA 30329
Michael Schmit officer: CFO and Corporate Secretary 3055 TORRINGTON DRIVE, BALL GROUND GA 30107
John F Wilson director 2170 PIEDMONT ROAD, NE, ATLANTA GA 30324
Ben M Palmer officer: VP, CFO and Treasurer C/O MARINE PRODUCTS CORP, 2170 PIEDMONT RD, NE, ATLANTA GA 30324
Susan R. Bell director 852 CASTLE FALLS DR., ATLANTA GA 30329
Patrick J. Gunning director 1958 CALDER COURT, DUNWOODY GA 30338
Harry J Cynkus director 2170 PIEDMONT RD, ATLANTA GA 30324
Jerry W Nix director 2999 WILDWOOD PARKWAY, ATLANTA GA 30339
2007 Gwr Grandchildren's Partnership 10 percent owner C/O RFA MANAGEMENT COMPANY, LLC, 1908 CLIFF VALLEY WAY NE, ATLANTA GA 30329
Rollins Holding Company, Inc. 10 percent owner C/O RFA MANAGEMENT COMPANY, LLC, 1908 CLIFF VALLEY WAY NE, ATLANTA GA 30329
1997 Rrr Grandchildren's Partnership 10 percent owner C/O RFA MANAGEMENT COMPANY, LLC, 1908 CLIFF VALLEY WAY NE, ATLANTA GA 30329
Rft Investment Company, Llc 10 percent owner C/O RFA MANAGEMENT COMPANY, LLC, 1908 CLIFF VALLEY WAY NE, ATLANTA GA 30329
Rctlor, Llc 10 percent owner C/O RFA MANAGEMENT COMPANY, 1908 CLIFF VALLEY WAY NE, ATLANTA GA 30329