CSCID (Cosciens Biopharma) Owner Earnings per Share (TTM): 1.60 (As of Mar. 2026) — 97% Below Median


CSCID Cosciens Biopharma Inc CSCID
61 GF Score
Price $7.00
GF Value $6.57
Valuation Fairly Valued
! 6 Warning Signs
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What is Cosciens Biopharma Owner Earnings per Share (TTM)?

Cosciens Biopharma CSCID -68.03% 61 Owner Earnings per Share (TTM) is 1.60 as of Mar. 2026, which is 97% below its 10-year median of 62.11. GuruFocus rates CSCID with a GF Score™ of 61/100 and a GF Value™ of $6.57 (Fairly Valued). The stock has 6 warning signs investors should review. Among 205 Biotechnology companies, Cosciens Biopharma ranks better than 88.78% on this metric.

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)."

Cosciens Biopharma's Owner Earnings per Share (TTM) ended in Mar. 2026 was $1.60. It's Price-to-Owner-Earnings ratio for today is 4.38.


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

CSCID' s Price-to-Owner-Earnings Range Over the Past 10 Years
Min: 4.39   Med: 62.11   Max: 1654.28
Current: 4.39


During the past 13 years, the highest Price-to-Owner-Earnings ratio of Cosciens Biopharma was 1654.28. The lowest was 4.39. And the median was 62.11.


CSCID's Price-to-Owner-Earnings is ranked better than
88.78% of 205 companies
in the Biotechnology industry
Industry Median: 24.44 vs CSCID: 4.39

Cosciens Biopharma's Earnings per Share (Diluted) for the three months ended in Mar. 2026 was $8.70. Its Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was $2.40. It's PE Ratio (TTM) ratio for today is 2.92.

Cosciens Biopharma's EPS without NRI for the three months ended in Mar. 2026 was $-0.64. Its EPS without NRI for the trailing twelve months (TTM) ended in Mar. 2026 was $-6.92. It's PE Ratio without NRI ratio for today is At Loss.


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.


Cosciens Biopharma Owner Earnings per Share (TTM) Related Terms


Cosciens Biopharma Owner Earnings per Share (TTM) Historical Data

* Premium members only.

The historical data trend for Cosciens Biopharma'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.

Cosciens Biopharma Owner Earnings per Share (TTM) Chart

Cosciens Biopharma Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Owner Earnings per Share (TTM)
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.98 2.72 -2.10 -5.26 -3.02

Cosciens Biopharma Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Owner Earnings per Share (TTM) 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 -14.27 -20.80 -11.35 -9.05 2.03

CSCID vs VRTX, REGN, ALNY: Owner Earnings per Share (TTM) Comparison

For the Biotechnology subindustry, Cosciens Biopharma'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.


Cosciens Biopharma Price-to-Owner-Earnings vs Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Cosciens Biopharma's Price-to-Owner-Earnings distribution charts can be found below:

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


CSCID
61GF Score
Cosciens Biopharma Inc CSCID
Owner Earnings per Share (TTM) is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Cosciens Biopharma 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)

Cosciens Biopharma's Owner Earnings per Share (TTM) Calculation:

TTM / Last Quarter Average of Last 20 Quarters
Net Income 4.05
Depreciation, Depletion and Amortization 1.20
Change In Deferred Tax 0.00
5Y Average of Maintenance Capital Expenditure 0.65
Change In Working Capital -2.45
Shares Outstanding (Diluted Average) 1.24

1. Start with "Net Income" from income statement. Cosciens Biopharma's Net Income for the trailing twelve months (TTM) ended in Mar. 2026 was $4.05 Mil.

2. "Depreciation, Depletion and Amortization" is from cashflow statement. Cosciens Biopharma's Depreciation, Depletion and Amortization for the trailing twelve months (TTM) ended in Mar. 2026 was $1.20 Mil. This needs to be added back because company does not actually need to pay cash for it. It is a non-cash item.

3. Other non-cash charges usually include "Stock Based Compensation" and "Change In Deferred Tax":
However, to be conservative, GuruFocus will not add Stock Based Compensation back to net income. Cosciens Biopharma's Change In Deferred Tax for the trailing twelve months (TTM) ended in Mar. 2026 was $0.00 Mil.

4. Average maintenance capital expenditure over a business/industry cycle: 5-Year Average Maintenance Capital Expenditure = $0.65 Mil

It is usually best to take a long-term average of maintenance capital expenditure. Ideally this would be as long as 10 years and include at least one economic downturn. However, since many companies do not have as long as 10-year history, here GuruFocus uses the latest 5 years data to do the calculation. To smooth out unusual years but reflect recent developments, we take an average of the 5 year maintenance capital expenditure.

The following shows how to get maintenance capital expenditure.

First, calculate the revenue change regarding to the previous quarter. If the revenue decreased from the previous quarter, then the Maintenance Capital Expenditure = Capital Expenditure (positive).
Second, if the revenue increased from the previous quarter, then calculate the percentage of Net PPE as of corresponding Revenue.
Growth Capital Expenditure = Percentage of Property, Plant and Equipment as of corresponding Revenue * Revenue Increase
Third, calculate Capital Expenditure (positive) - Growth Capital Expenditure.
If [Capital Expenditure (positive) - Growth Capital Expenditure] was negative, then the Maintenance Capital Expenditure = Capital Expenditure (positive).
If [Capital Expenditure (positive) - Growth Capital Expenditure] was positive, then the Maintenance Capital Expenditure = Capital Expenditure (positive) - Growth Capital Expenditure.
Fourth, get the average of the 5 years maintenance capital expenditure.

Cosciens Biopharma's 5-Year Average Maintenance Capital Expenditure = $0.65 Mil

5. "Change In Working Capital" is from cashflow statement. Cosciens Biopharma's Change In Working Capital for the trailing twelve months (TTM) ended in Mar. 2026 was $-2.45 Mil.
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 sometimes it includes non-current parts of assets and liabilities.

6. Cosciens Biopharma's Shares Outstanding (Diluted Average) for the months ended in Mar. 2026 was 1.238 Mil.

Cosciens Biopharma's Onwer Earnings Per Share for Mar. 2026 is calculated as:

Owner Earnings per Share (TTM)
=( Net Income+Depreciation, Depletion and Amortization+Change In Deferred Tax
=( 4.054 +1.204+0
-5Y Avg of Maintenance CAPEX+Change In Working Capital )/Shares Outstanding (Diluted Average)
-0.6472+-2.454)/1.238
=1.60

Price-to-Owner-Earnings=Current Price/Owner Earnings per Share (TTM)
=7.00/1.60
=4.38

* 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.

What does a Owner Earnings per Share (TTM) of 1.60 mean?
Cosciens Biopharma (CSCID) has a Owner Earnings per Share (TTM) of 1.60 as of Mar. 2026. Warren Buffett defined owner earnings as reported earnings plus depreciation less average maintenance capital expenditure. View historical data on Cosciens Biopharma. This is 97% below median its historical median of 62.11. Over the past decade, Cosciens Biopharma's Owner Earnings per Share (TTM) has ranged from 4.39 to 1,654.28. According to the industry distribution chart, Cosciens Biopharma ranks #23 out of 205 companies in the Biotechnology industry, placing it in the top 11.2%.
Is Cosciens Biopharma's Owner Earnings per Share (TTM) too high?
Cosciens Biopharma's current Owner Earnings per Share (TTM) of 1.60 is 97% below median its 10-year median of 62.11. Over the past 10 years, this metric has ranged from a low of 4.39 to a high of 1,654.28. The Biotechnology industry median Owner Earnings per Share (TTM) is 24.44. Cosciens Biopharma's value of 1.60 is 93.5% below this industry median. Based on the distribution chart, Cosciens Biopharma ranks #23 out of 205 companies in the Biotechnology industry, which is in the top quartile — a strong position relative to peers. Overall, Cosciens Biopharma has a GF Score™ of 61/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Cosciens Biopharma's Owner Earnings per Share (TTM) compare to VRTX and REGN?
According to the Biotechnology industry distribution chart, Cosciens Biopharma ranks #23 out of 205 companies for Owner Earnings per Share (TTM). This places Cosciens Biopharma in the top 11% of its industry — outperforming the majority of peers. The industry median Owner Earnings per Share (TTM) is 24.44. Cosciens Biopharma's value of 1.60 is 93.5% below this benchmark. Historically, Cosciens Biopharma's own Owner Earnings per Share (TTM) has ranged from 4.39 to 1,654.28 over the past decade. While the company's 10-year median is 62.11 vs. the industry median of 24.44, Cosciens Biopharma has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Owner Earnings per Share (TTM) for a Biotechnology company?
The median Owner Earnings per Share (TTM) among Biotechnology companies is 24.44, based on 205 companies in the industry. Companies in the top quartile (top 25%) have a Owner Earnings per Share (TTM) significantly above this median, while those in the bottom quartile fall well below. However, Owner Earnings per Share (TTM) should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Cosciens Biopharma's current Owner Earnings per Share (TTM) of 1.60 is 93.5% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Owner Earnings per Share (TTM) mean?
A high Owner Earnings per Share (TTM) can signal that a stock is expensive relative to its fundamentals. Warren Buffett defined owner earnings as reported earnings plus depreciation less average maintenance capital expenditure. View historical data on Cosciens Biopharma. For the Biotechnology industry, the median Owner Earnings per Share (TTM) is 24.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cosciens Biopharma's current Owner Earnings per Share (TTM) is 1.60, which is 97% below median its own 10-year median of 62.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cosciens Biopharma stock overvalued right now?
Based on GuruFocus' analysis, Cosciens Biopharma (CSCID) is currently considered Fairly Valued. The stock's GF Value™ is $6.57, compared to a current price of $7.00 — trading 6.5% above its estimated fair value. The current Owner Earnings per Share (TTM) is 1.60, which is 97% below median its 10-year median of 62.11 and 93.5% below the Biotechnology industry median of 24.44. Cosciens Biopharma's overall GF Score™ is 61/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Owner Earnings per Share (TTM) calculated?
Owner Earnings per Share (TTM) is calculated from a company's financial statements. For Cosciens Biopharma (CSCID), the current Owner Earnings per Share (TTM) is 1.60 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Cosciens Biopharma (CSCID) Overvalued in 2026?

Based on GuruFocus' analysis, Cosciens Biopharma stock appears to be overvalued. The current stock price of $7.00 is trading 6.5% above its estimated GF Value™ of $6.57. GuruFocus considers Cosciens Biopharma to be Fairly Valued.

Key valuation signals for CSCID:

  • Owner Earnings per Share (TTM): 1.60 (97% below median its 10-year median of 62.11)
  • GF Value™: $6.57 vs. price of $7.00 (6.5% above fair value)
  • GF Score™: 61/100 with 6 warning signs
  • Industry Position: 93.5% below the Biotechnology median (#23 of 205)

No single metric tells the full story. See the CSCID stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Cosciens Biopharma Business Description

Other Exchanges ET8:GermanyCSCI:Canada
Address C/o Borden Ladner Gervais Llp, Suite 3400, 22 Adelaide Street West, Toronto, ON, CAN, M5H 4E3
Cosciens Biopharma Inc is a biopharmaceutical company developing and commercializing pharmaceutical and diagnostic products and active ingredients for the healthcare and cosmetics industries. It operates through two segments: Active Ingredient and Biopharmaceutical. The Active Ingredient segment, which generates maximum revenue, focuses on plant-based ingredients derived from oats and other renewable resources, including oat beta glucan, oat oil, and avenanthramides. The Biopharmaceutical segment focuses on the development and commercialization of therapeutics and diagnostic tests, including its product Macrilen, and advancing a pre-clinical pipeline targeting unmet medical needs, particularly in rare or orphan indications. It operates in Canada, Germany, the United States, and Austria.
61GF Score

Get the complete analysis for CSCID

Owner Earnings per Share (TTM) is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$7.00
Price
$6.57
GF Value