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Validus Holdings (Validus Holdings) Owner Earnings per Share (TTM) : 0.00 (As of Dec. 2017)


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What is Validus Holdings Owner Earnings per Share (TTM)?

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)."

Validus Holdings does not have enough data to calculate Owner Earnings per Share (TTM), so as Price-to-Owner-Earnings ratio.


The historical rank and industry rank for Validus Holdings's Owner Earnings per Share (TTM) or its related term are showing as below:



VR's Price-to-Owner-Earnings is not ranked *
in the Insurance industry.
Industry Median: 9.32
* Ranked among companies with meaningful Price-to-Owner-Earnings only.

Validus Holdings's Earnings per Share (Diluted) for the three months ended in Jun. 2018 was $0.00. Its Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2018 was $-3.33. It's PE Ratio ratio for today is At Loss.

Validus Holdings's EPS without NRI for the three months ended in Jun. 2018 was $0.00. Its EPS without NRI for the trailing twelve months (TTM) ended in Jun. 2018 was $-3.33. It's PE Ratio without NRI ratio for today is At Loss.


Validus Holdings Owner Earnings per Share (TTM) Historical Data

The historical data trend for Validus Holdings's Owner Earnings per Share (TTM) 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.

Validus Holdings Owner Earnings per Share (TTM) Chart

Validus Holdings Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Owner Earnings per Share (TTM)
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Validus Holdings Quarterly Data
Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18
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Competitive Comparison of Validus Holdings's Owner Earnings per Share (TTM)

For the Insurance - Reinsurance subindustry, Validus 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.


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

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

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



Validus Holdings Owner Earnings per Share (TTM) 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)."

To make it simple, then you will have:

Owner Earnings per Share (TTM) = (Net Income + Depreciation, Depletion and Amortization + Change In Deferred Tax - 5Y Average of Maintenance Capital Expenditure + Change In Working Capital) / Shares Outstanding (Diluted Average)

Validus Holdings does not have enough data to calculate Owner Earnings per Share (TTM). Please check Wal-Mart Stores Inc, as your reference.


Be Aware

Assumption: Companies usually do not report maintenance capital expenditures and growth capital expenditures separately. Here we use estimated numbers and average them over 5 years. The method to estimate maintenance capital expenditures can be found in above part 4.

Note: GuruFocus' Change In Working Capital is provided by Morningstar. It is calculated by adding the items under "Change in operating assets and liabilities" (may refer to a different name for different company) section in Cash Flow Statement from original financial report. And it includes non-current parts of assets and liabilities.


Validus Holdings Owner Earnings per Share (TTM) Related Terms

Thank you for viewing the detailed overview of Validus Holdings's Owner Earnings per Share (TTM) provided by GuruFocus.com. Please click on the following links to see related term pages.


Validus Holdings (Validus Holdings) Business Description

Traded in Other Exchanges
N/A
Address
Validus Holdings Ltd is a holding company for reinsurance and insurance operating companies and investment advisors. The company includes Validus Reinsurance, Talbot Underwriting, Western World Insurance Group, and AlphaCat Managers. Validus Reinsurance is a Bermuda-based reinsurer focused on treaty reinsurance. Talbot is a specialty insurance group that mainly operates in the Lloyd's insurance market. Western World Insurance Group is a U.S. specialty lines insurance company that specialises in excess and surplus lines. AlphaCat Managers provides investment and capital-management advice for third parties and Validus insurance-linked securities, as well as other property-catastrophe and specialty reinsurance investments.
Executives
Mahmoud Abdallah director VALIDUS HOLDINGS, 29 RICHMOND ROAD / CHARTIS HOUSE, PEMBROKE D0 HM 08
Christopher E Watson director C/O VALIDUS HOLDINGS, 48 PAR-LA-VILLE ROAD, SUITE 1790, HAMILTON HM11 D0 HM11
Matthew J. Grayson director C/O VALIDUS HOLDINGS, 48 PAR-LA-VILLE ROAD, SUITE 1790, HAMILTON HM11 D0 HM11
Edward J. Noonan director, officer: Chairman and CEO C/O VALIDUS HOLDINGS, 48 PAR-LA-VILLE ROAD, SUITE 1790, HAMILTON HM11 D0 HM11
Jeffrey W. Greenberg director C/O AQUILINE CAPITAL PARTNERS LLC, 535 MADISON AVENUE, 24TH FLOOR, NEW YORK NY 10022
Jonathan Peter Ritz officer: CEO of Validus Specialty VALIDUS HOLDINGS, THE CHARTIS BUILDING / 29 RICHMOND ROAD, PEMBROKE D0 HM 08
Karin Hirtler-garvey director 112 W. 34TH STREET, NEW YORK NY 10120
Michael Richard Moore officer: EVP, Chief Operating Officer C/O VALIDUS HOLDINGS, 29 RICHMOND RD, PEMBROKE D0 HM08
Jean-marie Nessi director C/O VALIDUS HOLDINGS, 48 PAR-LA-VILLE ROAD, SUITE 1790, HAMILTON HM11 D0 HM11
John J. Hendrickson director, officer: Director of Corp. Development C/O VALIDUS HOLDINGS, 48 PAR-LA-VILLE ROAD, SUITE 1790, HAMILTON HM11 D0 HM11
Carpenter Michael E.a. director C/O VALIDUS HOLDINGS, LTD., SUITE 1790, 48 PAR-LA-VILLE ROAD, HAMILTON HM11 D0 00000
Patrick Boisvert officer: Group Chief Accounting Officer VALIDUS HOLDINGS, LTD, 29 RICHMOND ROAD, PEMBROKE D0 HM08
Robert F Kuzloski officer: EVP, General Counsel VALIDUS HOLDINGS, THE CHARTIS HOUSE / 29 RICHMOND ROAD, PEMBROKE D0 HM 08
Andrew E. Kudera officer: EVP, Chief Actuary VALIDUS HOLDINGS, THE CHARTIS BUILDING / 29 RICHMOND ROAD, PEMBROKE D0 HM 08
Jeffrey Sangster officer: EVP & CFO VALIDUS HOLDINGS, 29 RICHMOND RD. / CHARTIS HOUSE, PEMBROKE D0 HM 08

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