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Mills Music Trust (Mills Music Trust) Price-to-Owner-Earnings : (As of Jun. 10, 2024)


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What is Mills Music Trust Price-to-Owner-Earnings?

As of today (2024-06-10), Mills Music Trust's share price is $36.50. Mills Music Trust 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 Mills Music Trust's Price-to-Owner-Earnings or its related term are showing as below:


MMTRS's Price-to-Owner-Earnings is not ranked *
in the Business Services industry.
Industry Median: 12.57
* Ranked among companies with meaningful Price-to-Owner-Earnings only.

As of today (2024-06-10), Mills Music Trust's share price is $36.50. Mills Music Trust does not have enough years/quarters to calculate the Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2021. Therefore GuruFocus does not calculate PE Ratio at this moment.

As of today (2024-06-10), Mills Music Trust's share price is $36.50. Mills Music Trust does not have enough years/quarters to calculate the EPS without NRI for the trailing twelve months (TTM) ended in Dec. 2021. Therefore GuruFocus does not calculate PE Ratio without NRI at this moment.

During the past 2 years, Mills Music Trust's highest PE Ratio without NRI was 12.21. The lowest was 0.00. And the median was 0.00.


Mills Music Trust Price-to-Owner-Earnings Historical Data

The historical data trend for Mills Music Trust'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.

Mills Music Trust Price-to-Owner-Earnings Chart

Mills Music Trust Annual Data
Trend Dec20 Dec21
Price-to-Owner-Earnings
- -

Mills Music Trust Semi-Annual Data
Dec20 Dec21
Price-to-Owner-Earnings - -

Competitive Comparison of Mills Music Trust's Price-to-Owner-Earnings

For the Specialty Business Services subindustry, Mills Music Trust'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.


Mills Music Trust's Price-to-Owner-Earnings Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Mills Music Trust's Price-to-Owner-Earnings distribution charts can be found below:

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



Mills Music Trust 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)."

Mills Music Trust's Price-to-Owner-Earnings for today is calculated as

Price-to-Owner-Earnings=Share Price/Owner Earnings per Share (TTM)
=36.50/0.00
=

* 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.


Mills Music Trust  (OTCPK:MMTRS) Price-to-Owner-Earnings Explanation

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


Mills Music Trust Price-to-Owner-Earnings Related Terms

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


Mills Music Trust (Mills Music Trust) Business Description

Traded in Other Exchanges
N/A
Address
c/o HSBC BANK USA, N.A., 452 Fifth Avenue, Corporate Trust, Issuer Services, New York, NY, USA, 10018
Mills Music Trust holds the right to receive payment of a deferred contingent purchase price obligation relating to music and lyric copyright catalogue payable by EMI Mills Music Inc primarily in the United States. The payments of the contingent portion are based on royalty income generated by the catalogue.

Mills Music Trust (Mills Music Trust) Headlines

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