GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Pure Energy Minerals Ltd (TSXV:PE) » Definitions » Owner Earnings per Share (TTM)

Pure Energy Minerals (TSXV:PE) Owner Earnings per Share (TTM) : 0.00 (As of Dec. 2023)


View and export this data going back to 1999. Start your Free Trial

What is Pure Energy Minerals Owner Earnings per Share (TTM)?

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)."

Pure Energy Minerals does not have enough data to calculate Owner Earnings per Share (TTM), so as Price-to-Owner-Earnings ratio.


The historical rank and industry rank for Pure Energy Minerals's Owner Earnings per Share (TTM) or its related term are showing as below:



TSXV:PE's Price-to-Owner-Earnings is not ranked *
in the Metals & Mining industry.
Industry Median: 15
* Ranked among companies with meaningful Price-to-Owner-Earnings only.

Pure Energy Minerals's Earnings per Share (Diluted) for the three months ended in Dec. 2023 was C$-0.01. Its Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023 was C$-0.01. It's PE Ratio ratio for today is At Loss.

Pure Energy Minerals's EPS without NRI for the three months ended in Dec. 2023 was C$-0.01. Its EPS without NRI for the trailing twelve months (TTM) ended in Dec. 2023 was C$-0.01. It's PE Ratio without NRI ratio for today is At Loss.


Pure Energy Minerals Owner Earnings per Share (TTM) Historical Data

The historical data trend for Pure Energy Minerals's Owner Earnings per Share (TTM) 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.

Pure Energy Minerals Owner Earnings per Share (TTM) Chart

Pure Energy Minerals Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Owner Earnings per Share (TTM)
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Pure Energy Minerals Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Owner Earnings per Share (TTM) 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 - - - - -

Competitive Comparison of Pure Energy Minerals's Owner Earnings per Share (TTM)

For the Other Industrial Metals & Mining subindustry, Pure Energy Minerals'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.


Pure Energy Minerals's Price-to-Owner-Earnings Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Pure Energy Minerals's Price-to-Owner-Earnings distribution charts can be found below:

* The bar in red indicates where Pure Energy Minerals's Price-to-Owner-Earnings falls into.



Pure Energy Minerals Owner Earnings per Share (TTM) 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)."

To make it simple, then you will have:

Owner Earnings per Share (TTM) = (Net Income + Depreciation, Depletion and Amortization + Change In Deferred Tax - 5Y Average of Maintenance Capital Expenditure + Change In Working Capital) / Shares Outstanding (Diluted Average)

Pure Energy Minerals does not have enough data to calculate Owner Earnings per Share (TTM). Please check Wal-Mart Stores Inc, as your reference.


Be Aware

Assumption: Companies usually do not report maintenance capital expenditures and growth capital expenditures separately. Here we use estimated numbers and average them over 5 years. The method to estimate maintenance capital expenditures can be found in above part 4.

Note: GuruFocus' Change In Working Capital is provided by Morningstar. It is calculated by adding the items under "Change in operating assets and liabilities" (may refer to a different name for different company) section in Cash Flow Statement from original financial report. And it includes non-current parts of assets and liabilities.


Pure Energy Minerals Owner Earnings per Share (TTM) Related Terms

Thank you for viewing the detailed overview of Pure Energy Minerals's Owner Earnings per Share (TTM) provided by GuruFocus.com. Please click on the following links to see related term pages.


Pure Energy Minerals (TSXV:PE) Business Description

Traded in Other Exchanges
Address
1111 Melville Street, Suite 1100, Vancouver, BC, CAN, V6E3V6
Pure Energy Minerals Ltd engages in the acquisition, exploration, and development of mineral properties. It is also involved in the exploration and development of mineral properties, with a focus on lithium brines and related processing of brines into lithium compounds. The company projects involve Clayton Valley.
Executives
Dianne Marie Szigety Senior Officer

Pure Energy Minerals (TSXV:PE) Headlines

From GuruFocus

Parsley Energy Releases Annual Corporate Responsibility Report

By PRNewswire PRNewswire 09-01-2020