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Covisint (Covisint) Price-to-Owner-Earnings : (As of May. 29, 2024)


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What is Covisint Price-to-Owner-Earnings?

As of today (2024-05-29), Covisint's share price is $2.45. Covisint 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 Covisint's Price-to-Owner-Earnings or its related term are showing as below:


COVS's Price-to-Owner-Earnings is not ranked *
in the Software industry.
Industry Median: 23.31
* Ranked among companies with meaningful Price-to-Owner-Earnings only.

As of today (2024-05-29), Covisint's share price is $2.45. Covisint's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2017 was $-0.31. Therefore, Covisint's PE Ratio for today is At Loss.

As of today (2024-05-29), Covisint's share price is $2.45. Covisint's EPS without NRI for the trailing twelve months (TTM) ended in was $-0.31. Therefore, Covisint's PE Ratio without NRI for today is At Loss.


Covisint Price-to-Owner-Earnings Historical Data

The historical data trend for Covisint'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.

Covisint Price-to-Owner-Earnings Chart

Covisint Annual Data
Trend Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17
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Covisint Quarterly Data
Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17
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Competitive Comparison of Covisint's Price-to-Owner-Earnings

For the Software - Application subindustry, Covisint'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.


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

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

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



Covisint 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)."

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

Price-to-Owner-Earnings=Share Price/Owner Earnings per Share (TTM)
=2.45/0.00
=

* 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.


Covisint  (NAS:COVS) Price-to-Owner-Earnings Explanation

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


Covisint Price-to-Owner-Earnings Related Terms

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Covisint (Covisint) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Covisint Corp incorporated in April 2008 provides a cloud Platform for the development of identity-centric and IoT solutions. It packages and markets the Covisint Cloud Platform as three different offerings namely, The Covisint Identity Platform, The Covisint IoT Platform, and The Covisint Connected Vehicle Platform. The Covisint Platform offers a complete and tightly integrated set of technologies for one purpose- to enable trusted information sharing and secure interactions across people, systems and things. It offer these capabilities via the public cloud, and exposed via APIs, to enable developers to create custom solutions to transform their businesses.
Executives
William O Grabe director C/O COMPUWARE CORP, DETROIT MI 48226
John F. Smith director ONE DAUCH DR., DETROIT MI 48211
Dr. Homaira Akbari director 13410 SUTTON PARK DRIVE SOUTH, JACKSONVILLE FL 32224

Covisint (Covisint) Headlines

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