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MarineMax (MarineMax) Cyclically Adjusted PS Ratio : 0.35 (As of Apr. 27, 2024)


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What is MarineMax Cyclically Adjusted PS Ratio?

As of today (2024-04-27), MarineMax's current share price is $25.37. MarineMax's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $71.98. MarineMax's Cyclically Adjusted PS Ratio for today is 0.35.

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

HZO' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.21   Med: 0.53   Max: 1.49
Current: 0.35

During the past years, MarineMax's highest Cyclically Adjusted PS Ratio was 1.49. The lowest was 0.21. And the median was 0.53.

HZO's Cyclically Adjusted PS Ratio is ranked better than
59.31% of 752 companies
in the Retail - Cyclical industry
Industry Median: 0.48 vs HZO: 0.35

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.

MarineMax's adjusted revenue per share data for the three months ended in Dec. 2023 was $23.117. 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 $71.98 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


MarineMax Cyclically Adjusted PS Ratio Historical Data

The historical data trend for MarineMax'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.

MarineMax Cyclically Adjusted PS Ratio Chart

MarineMax Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.44 0.64 0.99 0.49 0.47

MarineMax 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 0.44 0.50 0.47 0.54 -

Competitive Comparison of MarineMax's Cyclically Adjusted PS Ratio

For the Specialty Retail subindustry, MarineMax'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.


MarineMax's Cyclically Adjusted PS Ratio Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, MarineMax's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



MarineMax 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.

MarineMax's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=25.37/71.98
=0.35

* 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.

MarineMax's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, MarineMax's adjusted Revenue per Share data for the three months ended in Dec. 2023 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=23.117/129.4194*129.4194
=23.117

Current CPI (Dec. 2023) = 129.4194.

MarineMax Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 5.729 99.695 7.437
201406 8.674 100.560 11.163
201409 6.612 100.428 8.521
201412 6.338 99.070 8.280
201503 6.813 99.621 8.851
201506 9.158 100.684 11.772
201509 7.606 100.392 9.805
201512 6.852 99.792 8.886
201603 8.060 100.470 10.382
201606 13.951 101.688 17.756
201609 9.090 101.861 11.549
201612 9.103 101.863 11.566
201703 9.755 102.862 12.274
201706 13.142 103.349 16.457
201709 10.628 104.136 13.208
201712 10.431 104.011 12.979
201803 11.796 105.290 14.499
201806 15.583 106.317 18.969
201809 13.251 106.507 16.102
201812 10.339 105.998 12.624
201903 12.964 107.251 15.644
201906 16.804 108.070 20.124
201909 14.079 108.329 16.820
201912 13.895 108.420 16.586
202003 14.047 108.902 16.694
202006 22.603 108.767 26.895
202009 17.640 109.815 20.789
202012 18.093 109.897 21.307
202103 22.757 111.754 26.354
202106 28.923 114.631 32.654
202109 20.393 115.734 22.804
202112 20.856 117.630 22.946
202203 27.080 121.301 28.892
202206 31.053 125.017 32.147
202209 24.147 125.227 24.956
202212 22.856 125.222 23.622
202303 25.560 127.348 25.976
202306 32.186 128.729 32.359
202309 26.131 129.860 26.042
202312 23.117 129.419 23.117

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.


MarineMax  (NYSE:HZO) 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.


MarineMax Cyclically Adjusted PS Ratio Related Terms

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


MarineMax (MarineMax) Business Description

Traded in Other Exchanges
Address
2600 McCormick Drive, Suite 200, Clearwater, FL, USA, 33759
MarineMax Inc is a United-States-based company that sells new and used recreational boats under premium brands, and related marine products, like engines, parts, and accessories. The company is also engaged in other businesses, including providing services of repair, maintenance, and storage; managing related boat financing, insurance, and others; offering brokerage sales of boats and yachts; and operating a yacht charter business. The reportable segments of the company are Retail Operations and Product Manufacturing. The Retail Operations segment generates the majority of the company's revenue. The sale of new and used boats accounts for the majority of the company's total revenue. It serves customers across the U.S.
Executives
Clint Moore director 2600 MCCORMICK DRIVE, SUITE 200`, CLEARWATER FL 33759
Charles A Cashman officer: Vice President East Operations 18167 US HIGHWAY 19 NORTH SUITE 300, CLEARWATER FL 33764
Rebecca White director 2600 MCCORMICK DRIVE, SUITE 200, CLEARWATER FL 33759
Cassella Anthony E. Jr. officer: Chief Accounting Officer 2600 MCCORMICK DRIVE, SUITE 200, CLEARWATER FL 33759
Kyle Langbehn officer: EVP, President of Retail 2600 MCCORMICK DRIVE, SUITE 200, CLEARWATER FL 33759
Shawn Berg officer: EVP, Chief Digital Officer 2600 MCCORMICK DRIVE, SUITE 200, CLEARWATER FL 33759
Mercedes Romero director 4221 WEST BOY SCOUT BOULEVARD, TAMPA FL 33607
Hilliard M Eure director 24301 WALDEN CENTER DR, BONITA SPRINGS FL 34134
Joseph Allen Watters director 1100 GLENDON AVENUE, SUITE PH-8, LOS ANGELES CA 90024
Michael H Mclamb director, officer: Executive VP, CFO and Sec C/O MARINEMAX INC, 18167 U SHIGHWAY NORTH SUITE 499, CLEARWATER FL 33764
Adam M. Johnson director 2600 MCCORMICK DRIVE, SUITE 200, CLEARWATER FL 33759
William B Mcgill officer: Vice President West Operations 18167 US HIGHWAY 19 NORTH SUITE 300, CLEARWATER FL 33764
Mcgill William H Jr director, officer: President, Chairman and CEO C/O MARINEMAX INC, 18167 US HIGHWAY 18 N, CLEARWATER FL 33764
George E Borst director 2600 MCCORMICK DRIVE, SUITE 200, CLEARWATER FL 33759
Charles R Oglesby director C/O NALLEY AUTOMOTIVE - SUGARLOAF PARK, 2905 PREMIERE PARKWAY NW, SUITE 300, DULUTH GA 30097