GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » The Westaim Corp (TSXV:WED) » Definitions » Price-to-Owner-Earnings

The Westaim (TSXV:WED) Price-to-Owner-Earnings : 1.96 (As of May. 04, 2024)


View and export this data going back to 2013. Start your Free Trial

What is The Westaim Price-to-Owner-Earnings?

As of today (2024-05-04), The Westaim's share price is C$3.75. The Westaim's Owner Earnings per Share (TTM) ended in Dec. 2023 was C$1.91. It's Price-to-Owner-Earnings for today is 1.96.


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

TSXV:WED' s Price-to-Owner-Earnings Range Over the Past 10 Years
Min: 0.24   Med: 14.46   Max: 53.8
Current: 1.96

During the past 13 years, the highest Price-to-Owner-Earnings of The Westaim was 53.80. The lowest was 0.24. And the median was 14.46.


TSXV:WED's Price-to-Owner-Earnings is ranked better than
93.2% of 338 companies
in the Asset Management industry
Industry Median: 11.195 vs TSXV:WED: 1.96

As of today (2024-05-04), The Westaim's share price is C$3.75. The Westaim's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023 was C$1.77. Therefore, The Westaim's PE Ratio for today is 2.12.

As of today (2024-05-04), The Westaim's share price is C$3.75. The Westaim's EPS without NRI for the trailing twelve months (TTM) ended in was C$1.77. Therefore, The Westaim's PE Ratio without NRI for today is 2.12.

During the past 13 years, The Westaim's highest PE Ratio without NRI was 147.89. The lowest was 2.00. And the median was 15.70.


The Westaim Price-to-Owner-Earnings Historical Data

The historical data trend for The Westaim'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.

The Westaim Price-to-Owner-Earnings Chart

The Westaim Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Owner-Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 32.72 - 10.50 18.01 1.97

The Westaim Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Price-to-Owner-Earnings 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 18.01 2.98 2.68 2.06 1.97

Competitive Comparison of The Westaim's Price-to-Owner-Earnings

For the Asset Management subindustry, The Westaim'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.


The Westaim's Price-to-Owner-Earnings Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, The Westaim's Price-to-Owner-Earnings distribution charts can be found below:

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



The Westaim 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)."

The Westaim's Price-to-Owner-Earnings for today is calculated as

Price-to-Owner-Earnings=Share Price/Owner Earnings per Share (TTM)
=3.75/1.91
=1.96

* 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.


The Westaim  (TSXV:WED) Price-to-Owner-Earnings Explanation

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


The Westaim Price-to-Owner-Earnings Related Terms

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


The Westaim (TSXV:WED) Business Description

Traded in Other Exchanges
Address
70 York Street, Suite 1700, Toronto, ON, CAN, M5J 1S9
The Westaim Corp is a Canada-based investment company, engaged in providing long-term capital to businesses operating mainly within the financial services industry. It invests, directly and indirectly, through acquisitions, joint ventures, and other arrangements, to provide its shareholders with capital appreciation and real wealth preservation. The group seeks to acquire debt, equity, or derivative securities of both public and private companies. The company derives revenue mostly from interest income and dividend income. Geographically, it has a business presence in the U.S., Asia Pacific, Canada, Europe, and other countries.

The Westaim (TSXV:WED) Headlines

No Headlines