Marine Price Book Value Ratio from 2010 to 2024

MPX Stock  USD 10.36  0.14  1.33%   
Marine Products Price Book Value Ratio yearly trend continues to be fairly stable with very little volatility. Price Book Value Ratio is likely to outpace its year average in 2024. During the period from 2010 to 2024, Marine Products Price Book Value Ratio regression line of annual values had r-squared of  0.06 and arithmetic mean of  4.22. View All Fundamentals
 
Price Book Value Ratio  
First Reported
2010-12-31
Previous Quarter
2.52752593
Current Value
3.01
Quarterly Volatility
2.10558459
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Marine Products financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Marine main balance sheet or income statement drivers, such as Interest Expense of 85.5 K, Total Revenue of 229.5 M or Gross Profit of 51 M, as well as many exotic indicators such as Price To Sales Ratio of 1.24, Dividend Yield of 0.0528 or PTB Ratio of 3.01. Marine financial statements analysis is a perfect complement when working with Marine Products Valuation or Volatility modules.
  
This module can also supplement Marine Products' financial leverage analysis and stock options assessment as well as various Marine Products Technical models . Check out the analysis of Marine Products Correlation against competitors.
For more information on how to buy Marine Stock please use our How to Invest in Marine Products guide.

Latest Marine Products' Price Book Value Ratio Growth Pattern

Below is the plot of the Price Book Value Ratio of Marine Products over the last few years. It is Marine Products' Price Book Value Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Marine Products' overall financial position and show how it may be relating to other accounts over time.
Price Book Value Ratio10 Years Trend
Pretty Stable
   Price Book Value Ratio   
       Timeline  

Marine Price Book Value Ratio Regression Statistics

Arithmetic Mean4.22
Geometric Mean3.71
Coefficient Of Variation49.89
Mean Deviation1.75
Median3.73
Standard Deviation2.11
Sample Variance4.43
Range6.6396
R-Value0.24
Mean Square Error4.49
R-Squared0.06
Significance0.38
Slope0.11
Total Sum of Squares62.07

Marine Price Book Value Ratio History

2024 3.01
2023 2.53
2022 3.16
2021 4.23
2020 5.84
2019 6.35

About Marine Products Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Marine Products income statement, its balance sheet, and the statement of cash flows. Marine Products investors use historical funamental indicators, such as Marine Products's Price Book Value Ratio, to determine how well the company is positioned to perform in the future. Although Marine Products investors may use each financial statement separately, they are all related. The changes in Marine Products's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Marine Products's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Marine Products Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Marine Products. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Price Book Value Ratio 2.53  3.01 

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Marine Products offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Marine Products' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Marine Products Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Marine Products Stock:
Check out the analysis of Marine Products Correlation against competitors.
For more information on how to buy Marine Stock please use our How to Invest in Marine Products guide.
You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.

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When running Marine Products' price analysis, check to measure Marine Products' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Marine Products is operating at the current time. Most of Marine Products' value examination focuses on studying past and present price action to predict the probability of Marine Products' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Marine Products' price. Additionally, you may evaluate how the addition of Marine Products to your portfolios can decrease your overall portfolio volatility.
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Is Marine Products' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Marine Products. If investors know Marine will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Marine Products listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.61)
Dividend Share
0.56
Earnings Share
1
Revenue Per Share
9.684
Quarterly Revenue Growth
(0.42)
The market value of Marine Products is measured differently than its book value, which is the value of Marine that is recorded on the company's balance sheet. Investors also form their own opinion of Marine Products' value that differs from its market value or its book value, called intrinsic value, which is Marine Products' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Marine Products' market value can be influenced by many factors that don't directly affect Marine Products' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Marine Products' value and its price as these two are different measures arrived at by different means. Investors typically determine if Marine Products is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Marine Products' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.