Marine Products Stock Price To Book

MPX Stock  USD 10.75  0.63  5.54%   
Marine Products fundamentals help investors to digest information that contributes to Marine Products' financial success or failures. It also enables traders to predict the movement of Marine Stock. The fundamental analysis module provides a way to measure Marine Products' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Marine Products stock.
Price To Book Ratio is likely to rise to 2.97 in 2024.
  
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Marine Products Company Price To Book Analysis

Marine Products' Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.

P/B

 = 

MV Per Share

BV Per Share

More About Price To Book | All Equity Analysis

Current Marine Products Price To Book

    
  2.53 X  
Most of Marine Products' fundamental indicators, such as Price To Book, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Marine Products is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Marine Price To Book Driver Correlations

Understanding the fundamental principles of building solid financial models for Marine Products is extremely important. It helps to project a fair market value of Marine Stock properly, considering its historical fundamentals such as Price To Book. Since Marine Products' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Marine Products' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Marine Products' interrelated accounts and indicators.
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Click cells to compare fundamentals

Marine Price To Book Historical Pattern

Today, most investors in Marine Products Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Marine Products' growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's price to book growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Marine Products price to book as a starting point in their analysis.
   Marine Products Price To Book   
       Timeline  
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
Competition

Marine Book Value Per Share

Book Value Per Share

4.74

At this time, Marine Products' Book Value Per Share is fairly stable compared to the past year.
Based on the latest financial disclosure, Marine Products has a Price To Book of 2.5328 times. This is 60.79% lower than that of the Leisure Products sector and 46.57% lower than that of the Consumer Discretionary industry. The price to book for all United States stocks is 73.37% higher than that of the company.

Marine Price To Book Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Marine Products' direct or indirect competition against its Price To Book to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Marine Products could also be used in its relative valuation, which is a method of valuing Marine Products by comparing valuation metrics of similar companies.
Marine Products is currently under evaluation in price to book category among related companies.

Marine Fundamentals

About Marine Products Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Marine Products's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Marine Products using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Marine Products based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

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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 Marine Products Piotroski F Score and Marine Products Altman Z Score analysis.
For more information on how to buy Marine Stock please use our How to Invest in Marine Products guide.
You can also try the Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .

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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.