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Paramount Resources (Paramount Resources) Price-to-Owner-Earnings : 7.76 (As of Apr. 26, 2024)


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What is Paramount Resources Price-to-Owner-Earnings?

As of today (2024-04-26), Paramount Resources's share price is $23.13. Paramount Resources's Owner Earnings per Share (TTM) ended in Dec. 2023 was $2.98. It's Price-to-Owner-Earnings for today is 7.76.


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

PRMRF' s Price-to-Owner-Earnings Range Over the Past 10 Years
Min: 0.7   Med: 6.43   Max: 153.03
Current: 7.75

During the past 13 years, the highest Price-to-Owner-Earnings of Paramount Resources was 153.03. The lowest was 0.70. And the median was 6.43.


PRMRF's Price-to-Owner-Earnings is ranked better than
56.25% of 528 companies
in the Oil & Gas industry
Industry Median: 8.255 vs PRMRF: 7.75

As of today (2024-04-26), Paramount Resources's share price is $23.13. Paramount Resources's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023 was $2.34. Therefore, Paramount Resources's PE Ratio for today is 9.87.

As of today (2024-04-26), Paramount Resources's share price is $23.13. Paramount Resources's EPS without NRI for the trailing twelve months (TTM) ended in was $1.60. Therefore, Paramount Resources's PE Ratio without NRI for today is 14.50.

During the past 13 years, Paramount Resources's highest PE Ratio without NRI was 183.26. The lowest was 5.28. And the median was 12.48.


Paramount Resources Price-to-Owner-Earnings Historical Data

The historical data trend for Paramount Resources'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.

Paramount Resources Price-to-Owner-Earnings Chart

Paramount Resources 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 72.75 - 9.34 6.22 6.32

Paramount Resources 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 6.22 4.46 5.13 6.49 6.32

Competitive Comparison of Paramount Resources's Price-to-Owner-Earnings

For the Oil & Gas E&P subindustry, Paramount Resources'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.


Paramount Resources's Price-to-Owner-Earnings Distribution in the Oil & Gas Industry

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

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



Paramount Resources 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)."

Paramount Resources's Price-to-Owner-Earnings for today is calculated as

Price-to-Owner-Earnings=Share Price/Owner Earnings per Share (TTM)
=23.13/2.98
=7.76

* 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.


Paramount Resources  (OTCPK:PRMRF) Price-to-Owner-Earnings Explanation

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


Paramount Resources Price-to-Owner-Earnings Related Terms

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Paramount Resources (Paramount Resources) Business Description

Traded in Other Exchanges
Address
888 - 3rd Street SW, Suite 4700, Calgary, AB, CAN, T2P 5C5
Paramount Resources Ltd is a Canadian energy company that explores, develops, produces, and markets natural gas, crude oil, and natural gas liquids. The company takes part in exploration and production in Alberta and British Columbia. Sales for Paramount's products are priced in a multitude of markets that span the United States and Canada. Depending on the product, contracts can have daily, monthly, or long-term agreements. Assets for exploration and production are acquired by way of royalties that are paid to provincial governments and freehold landowners.

Paramount Resources (Paramount Resources) Headlines

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