Marine Price Earnings Ratio from 2010 to 2024

MARPS Stock  USD 4.06  0.06  1.50%   
Marine Petroleum Price Earnings Ratio yearly trend continues to be comparatively stable with very little volatility. Price Earnings Ratio will likely drop to 9.56 in 2024. From the period from 2010 to 2024, Marine Petroleum Price Earnings Ratio quarterly data regression had r-value of  0.24 and coefficient of variation of  133.07. View All Fundamentals
 
Price Earnings Ratio  
First Reported
2010-12-31
Previous Quarter
10.7969404
Current Value
9.56
Quarterly Volatility
21.23973237
 
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Yuan Drop
 
Covid
Check Marine Petroleum financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Marine Petroleum's main balance sheet or income statement drivers, such as Interest Expense of 603, Total Revenue of 33.3 M or Gross Profit of 33.3 M, as well as many indicators such as Price To Sales Ratio of 0.23, Ptb Ratio of 13.26 or Days Sales Outstanding of 1.33. Marine financial statements analysis is a perfect complement when working with Marine Petroleum Valuation or Volatility modules.
  
Check out the analysis of Marine Petroleum Correlation against competitors.

Latest Marine Petroleum's Price Earnings Ratio Growth Pattern

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

Marine Price Earnings Ratio Regression Statistics

Arithmetic Mean15.96
Geometric Mean11.79
Coefficient Of Variation133.07
Mean Deviation10.29
Median10.80
Standard Deviation21.24
Sample Variance451.13
Range85.5413
R-Value0.24
Mean Square Error458.68
R-Squared0.06
Significance0.40
Slope1.12
Total Sum of Squares6,316

Marine Price Earnings Ratio History

2024 9.56
2023 10.8
2022 7.68
2021 92.09
2020 17.04
2019 6.55
2018 7.1

About Marine Petroleum Financial Statements

Marine Petroleum shareholders use historical fundamental indicators, such as Price Earnings Ratio, to determine how well the company is positioned to perform in the future. Although Marine Petroleum investors may analyze each financial statement separately, they are all interrelated. The changes in Marine Petroleum's assets and liabilities, for example, are also reflected in the revenues and expenses on on Marine Petroleum's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Price Earnings Ratio 10.80  9.56 

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Additional Tools for Marine Stock Analysis

When running Marine Petroleum's price analysis, check to measure Marine Petroleum's 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 Petroleum is operating at the current time. Most of Marine Petroleum's value examination focuses on studying past and present price action to predict the probability of Marine Petroleum's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Marine Petroleum's price. Additionally, you may evaluate how the addition of Marine Petroleum to your portfolios can decrease your overall portfolio volatility.