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88 Energy (ASX:88E) Price-to-Owner-Earnings : (As of Jun. 07, 2024)


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What is 88 Energy Price-to-Owner-Earnings?

As of today (2024-06-07), 88 Energy's share price is A$0.002. 88 Energy does not have enough data to calculate Owner Earnings per Share (TTM), so as pPrice-to-Owner-Earnings.


The historical rank and industry rank for 88 Energy's Price-to-Owner-Earnings or its related term are showing as below:


ASX:88E's Price-to-Owner-Earnings is not ranked *
in the Oil & Gas industry.
Industry Median: 8.895
* Ranked among companies with meaningful Price-to-Owner-Earnings only.

As of today (2024-06-07), 88 Energy's share price is A$0.002. 88 Energy's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2023 was A$-0.00. Therefore, 88 Energy's PE Ratio for today is At Loss.

As of today (2024-06-07), 88 Energy's share price is A$0.002. 88 Energy's EPS without NRI for the trailing twelve months (TTM) ended in was A$0.00. Therefore, 88 Energy's PE Ratio without NRI for today is N/A.


88 Energy Price-to-Owner-Earnings Historical Data

The historical data trend for 88 Energy'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.

88 Energy Price-to-Owner-Earnings Chart

88 Energy Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Owner-Earnings
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88 Energy Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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Competitive Comparison of 88 Energy's Price-to-Owner-Earnings

For the Oil & Gas E&P subindustry, 88 Energy'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.


88 Energy's Price-to-Owner-Earnings Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, 88 Energy's Price-to-Owner-Earnings distribution charts can be found below:

* The bar in red indicates where 88 Energy's Price-to-Owner-Earnings falls into.



88 Energy 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)."

88 Energy's Price-to-Owner-Earnings for today is calculated as

Price-to-Owner-Earnings=Share Price/Owner Earnings per Share (TTM)
=0.002/0.00
=

* 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.


88 Energy  (ASX:88E) Price-to-Owner-Earnings Explanation

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


88 Energy Price-to-Owner-Earnings Related Terms

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88 Energy (ASX:88E) Business Description

Industry
Traded in Other Exchanges
Address
516 Hay Street, Ground Floor, Subiaco, WA, AUS, 6008
88 Energy Ltd is an upstream oil and gas operations company based in Australia. Its business involves exploring potential oil and natural gas and processing the acquired crude reserves. The company has oil and gas assets located across the United States and Australia. The value of its interests and operatorship in Alaska by far supersedes that of its Australian projects. The company's projects include Project Icewine, Yukon Gold Acreage, and Western Blocks. The company focuses on 1H 2016, which is a high resolution wide-azimuth three dimensional (3D) seismic acquisition. It also focuses on horizontal multi-stage frac and production test or vertical conventional test in its Icewine 2 project.

88 Energy (ASX:88E) Headlines

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