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Platinum Underwriters Holdings (FRA:PMU) Price-to-Owner-Earnings : (As of Jun. 09, 2024)


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What is Platinum Underwriters Holdings Price-to-Owner-Earnings?

As of today (2024-06-09), Platinum Underwriters Holdings's share price is €65.56. Platinum Underwriters Holdings 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 Platinum Underwriters Holdings's Price-to-Owner-Earnings or its related term are showing as below:


FRA:PMU's Price-to-Owner-Earnings is not ranked *
in the Insurance industry.
Industry Median: 8.4
* Ranked among companies with meaningful Price-to-Owner-Earnings only.

As of today (2024-06-09), Platinum Underwriters Holdings's share price is €65.56. Platinum Underwriters Holdings's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2014 was €4.65. Therefore, Platinum Underwriters Holdings's PE Ratio for today is 14.10.

As of today (2024-06-09), Platinum Underwriters Holdings's share price is €65.56. Platinum Underwriters Holdings's EPS without NRI for the trailing twelve months (TTM) ended in was €4.67. Therefore, Platinum Underwriters Holdings's PE Ratio without NRI for today is 14.04.

During the past 13 years, Platinum Underwriters Holdings's highest PE Ratio without NRI was 14.04. The lowest was 0.00. And the median was 0.00.


Platinum Underwriters Holdings Price-to-Owner-Earnings Historical Data

The historical data trend for Platinum Underwriters Holdings'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.

Platinum Underwriters Holdings Price-to-Owner-Earnings Chart

Platinum Underwriters Holdings Annual Data
Trend Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14
Price-to-Owner-Earnings
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Platinum Underwriters Holdings Quarterly Data
Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14
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Competitive Comparison of Platinum Underwriters Holdings's Price-to-Owner-Earnings

For the Insurance - Reinsurance subindustry, Platinum Underwriters Holdings'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.


Platinum Underwriters Holdings's Price-to-Owner-Earnings Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Platinum Underwriters Holdings's Price-to-Owner-Earnings distribution charts can be found below:

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



Platinum Underwriters Holdings 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)."

Platinum Underwriters Holdings's Price-to-Owner-Earnings for today is calculated as

Price-to-Owner-Earnings=Share Price/Owner Earnings per Share (TTM)
=65.56/0.00
=

* 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.


Platinum Underwriters Holdings  (FRA:PMU) Price-to-Owner-Earnings Explanation

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


Platinum Underwriters Holdings Price-to-Owner-Earnings Related Terms

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Platinum Underwriters Holdings (FRA:PMU) Business Description

Traded in Other Exchanges
N/A
Address
Platinum Underwriters Holdings, Ltd. was incorporated on April 19, 2002. It operates as a holding company domiciled in Bermuda. Through its operating subsidiaries, it provides property and marine, casualty and finite risk reinsurance coverages, through reinsurance intermediaries, to a diverse clientele of commercial and personal lines insurers and select reinsurers on a basis. The Company operates through two licensed reinsurance subsidiaries, Platinum Underwriters Bermuda, Ltd., a Bermuda reinsurance company and wholly owned subsidiary of Platinum Holdings, and Platinum Underwriters Reinsurance, Inc., a U.S. reinsurance company and a wholly owned subsidiary of Platinum Underwriters Finance, Inc. The Company operates in Property and Marine, Casualty and Finite Risk segments. It provides reinsurance coverage for damage to property and crops. It provides reinsurance coverage for marine and offshore energy insurance programs. Coverages reinsured include hull damage, protection and indemnity, cargo damage, satellite damage and general marine liability. Within Marine, it also writes commercial and general aviation reinsurance. Casualty reinsurance protects a ceding company against financial loss arising out of the obligation to others for loss or damage to persons or property. The Company's Casualty operating segment mainly includes reinsurance contracts that cover umbrella liability, general and product liability, professional liability, workers' compensation, casualty clash, automobile liability, surety, trade credit, political risk and accident and health. Finite reinsurance includes mainly structured reinsurance contracts with ceding companies whose needs might not be met efficiently through traditional reinsurance products. Reinsurance contracts classified as finite are typically structured to include loss limitation or loss mitigation features. It markets its reinsurance products mainly through non-exclusive relationships with reinsurance brokers. The property and casualty reinsurance industry is competitive. It competes with Arch Capital Group Ltd., Axis Capital Holdings Limited, Endurance Specialty Holdings Ltd., Everest Re Group, Ltd., Montpelier Re Holdings Ltd., PartnerRe Ltd., RenaissanceRe Holdings Ltd. and Transatlantic Holdings, Inc. The business of reinsurance is regulated in several countries, although the degree and type of regulation. Reinsurers are generally subject to less direct regulation than main insurers.

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