ReadyTech Holdings (ASX:RDY) Price-to-Owner-Earnings : 27.92 (As of May. 14, 2024)

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What is ReadyTech Holdings Price-to-Owner-Earnings?

As of today (2024-05-14), ReadyTech Holdings's share price is A$3.35. ReadyTech Holdings's Owner Earnings per Share (TTM) ended in Jun. 2023 was A$0.12. It's Price-to-Owner-Earnings for today is 27.92.

The historical rank and industry rank for ReadyTech Holdings's Price-to-Owner-Earnings or its related term are showing as below:

ASX:RDY' s Price-to-Owner-Earnings Range Over the Past 10 Years
Min: 26.17 Med: 28.54 Max: 31
Current: 27.75

During the past 5 years, the highest Price-to-Owner-Earnings of ReadyTech Holdings was 31.00. The lowest was 26.17. And the median was 28.54.

ASX:RDY's Price-to-Owner-Earnings is ranked worse than
57.49% of 1021 companies
in the Software industry
Industry Median: 23.07 vs ASX:RDY: 27.75

As of today (2024-05-14), ReadyTech Holdings's share price is A$3.35. ReadyTech Holdings's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023 was A$0.06. Therefore, ReadyTech Holdings's PE Ratio for today is 60.91.

As of today (2024-05-14), ReadyTech Holdings's share price is A$3.35. ReadyTech Holdings's EPS without NRI for the trailing twelve months (TTM) ended in was A$0.06. Therefore, ReadyTech Holdings's PE Ratio without NRI for today is 60.91.

During the past 5 years, ReadyTech Holdings's highest PE Ratio without NRI was 177.39. The lowest was 24.56. And the median was 43.78.

ReadyTech Holdings Price-to-Owner-Earnings Historical Data

The historical data trend for ReadyTech Holdings's Price-to-Owner-Earnings 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.

ReadyTech Holdings Price-to-Owner-Earnings Chart

ReadyTech Holdings Annual Data

Trend

Jun19

Jun20

Jun21

Jun22

Jun23

Price-to-Owner-Earnings

27.50

ReadyTech Holdings Semi-Annual Data
	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Price-to-Owner-Earnings	Get a 7-Day Free Trial						-	-	-	27.50	-

Competitive Comparison of ReadyTech Holdings's Price-to-Owner-Earnings

For the Software - Application subindustry, ReadyTech Holdings's Price-to-Owner-Earnings, along with its competitors' market caps and Price-to-Owner-Earnings 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.

ReadyTech Holdings's Price-to-Owner-Earnings Distribution in the Software Industry

For the Software industry and Technology sector, ReadyTech Holdings's Price-to-Owner-Earnings distribution charts can be found below:

* The bar in red indicates where ReadyTech Holdings's Price-to-Owner-Earnings falls into.

ReadyTech Holdings Price-to-Owner-Earnings Calculation

In 1986 Berkshire Hathaway Shareholder Letter, Warren Buffett defined owner earnings as follows:

"These represent (a) reported earnings plus (b) depreciation, depletion, amortization, and certain other non-cash charges...less (c) the average annual amount of capitalized expenditures for plant and equipment, etc. that the business requires to fully maintain its long-term competitive position and its unit volume. (If the business requires additional working capital to maintain its competitive position and unit volume, the increment also should be included in (c))...Our owner-earnings equation does not yield the deceptively precise figures provided by GAAP, since (c) must be a guess - and one sometimes very difficult to make. Despite this problem, we consider the owner earnings figure, not the GAAP figure, to be the relevant item for valuation purposes - both for investors in buying stocks and for managers in buying entire businesses...All of this points up the absurdity of the 'cash flow' numbers that are often set forth in Wall Street reports. These numbers routinely include (a) plus (b) - but do not subtract (c)."

ReadyTech Holdings's Price-to-Owner-Earnings for today is calculated as

Price-to-Owner-Earnings	=	Share Price	/	Owner Earnings per Share (TTM)
	=	3.35	/	0.12
	=	27.92

ReadyTech Holdings (ASX:RDY) Price-to-Owner-Earnings Explanation

For how to get Owner Earnings per Share (TTM), please click.

ReadyTech Holdings Price-to-Owner-Earnings Related Terms

Thank you for viewing the detailed overview of ReadyTech Holdings's Price-to-Owner-Earnings provided by GuruFocus.com. Please click on the following links to see related term pages.

ReadyTech Holdings (ASX:RDY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » ReadyTech Holdings Ltd (ASX:RDY) » Definitions » Price-to-Owner-Earnings

Comparable Companies

Traded in Other Exchanges

N/A

Address

77 King Street, Level 2, Sydney, NSW, AUS, 2000

Website

https://www.readytech.com.au

ReadyTech Holdings Ltd is a provider of people management software for educators, employers, and facilitators of career transitions. Its products are JR Plus, A2E, HR3, ePayroll, JR Gov, Aussiepay, and others. The company's operating segments include Education and Work pathways, Workforce Solutions, and Government and Justice. It generates maximum revenue from the Education segment. The education segment mainly provides products and services to tertiary education providers. Its Workforce segment provides products and services to a mid-sized company across various industries. The Government division provides government and justice case management software as a service solution to local governments, state governments and justice departments.