SAB Industries (NSE:SAB) Owner Earnings per Share (TTM): -5.68 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

NSE:SAB SAB Industries Ltd NSE:SAB
15 GF Score
Price ₹174.15
! 8 Warning Signs
View Full Analysis

What is SAB Industries Owner Earnings per Share (TTM)?

SAB Industries NSE:SAB -0.02% 15 Owner Earnings per Share (TTM) is -5.68 as of Mar. 2026. GuruFocus rates NSE:SAB with a GF Score™ of 15/100. The stock has 8 warning signs investors should review. Among 811 Construction companies, SAB Industries ranks worse than 123304.44% 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)."

SAB Industries 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 SAB Industries's Owner Earnings per Share (TTM) or its related term are showing as below:


During the past 13 years, the highest Price-to-Owner-Earnings ratio of SAB Industries was 627.52. The lowest was 15.87. And the median was 19.66.


NSE:SAB's Price-to-Owner-Earnings is not ranked *
in the Construction industry.
Industry Median: 13.38
* Ranked among companies with meaningful Price-to-Owner-Earnings only.

SAB Industries's Earnings per Share (Diluted) for the three months ended in Jun. 2026 was ₹18.87. Its Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 was ₹-13.05. It's PE Ratio (TTM) ratio for today is At Loss.

SAB Industries's EPS without NRI for the three months ended in Jun. 2026 was ₹18.87. Its EPS without NRI for the trailing twelve months (TTM) ended in Jun. 2026 was ₹-13.05. 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 FactSet. 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.


SAB Industries Owner Earnings per Share (TTM) Related Terms


SAB Industries Owner Earnings per Share (TTM) Historical Data

* Premium members only.

The historical data trend for SAB Industries'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.

SAB Industries Owner Earnings per Share (TTM) Chart

SAB Industries Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Owner Earnings per Share (TTM)
Get a 7-Day Free Trial Premium Member Only Premium Member Only -4.16 -17.77 -15.40 3.56 -6.25

SAB Industries Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 - - - - -

NSE:SAB vs PWR, FIX, EME: Owner Earnings per Share (TTM) Comparison

For the Engineering & Construction subindustry, SAB Industries'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.


SAB Industries Price-to-Owner-Earnings vs Construction Industry

For the Construction industry and Industrials sector, SAB Industries's Price-to-Owner-Earnings distribution charts can be found below:

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


NSE:SAB
15GF Score
SAB Industries Ltd NSE:SAB
Owner Earnings per Share (TTM) is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

SAB Industries 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)

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

What does a Owner Earnings per Share (TTM) of -5.68 mean?
SAB Industries (NSE:SAB) has a Owner Earnings per Share (TTM) of -5.68 as of Mar. 2026. Warren Buffett defined owner earnings as reported earnings plus depreciation less average maintenance capital expenditure. View historical data on SAB Industries. According to the industry distribution chart, SAB Industries ranks #999999 out of 811 companies in the Construction industry.
Is SAB Industries' Owner Earnings per Share (TTM) too high?
SAB Industries' current Owner Earnings per Share (TTM) is -5.68. Based on the distribution chart, SAB Industries ranks #999999 out of 811 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, SAB Industries has a GF Score™ of 15/100, reflecting its overall financial health beyond just this single metric.
How does SAB Industries' Owner Earnings per Share (TTM) compare to PWR and FIX?
According to the Construction industry distribution chart, SAB Industries ranks #999999 out of 811 companies for Owner Earnings per Share (TTM). This places SAB Industries in the lower half of its industry. The industry median Owner Earnings per Share (TTM) is 13.38. 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 Construction company?
The median Owner Earnings per Share (TTM) among Construction companies is 13.38, based on 811 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. 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 SAB Industries. For the Construction industry, the median Owner Earnings per Share (TTM) is 13.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SAB Industries's current Owner Earnings per Share (TTM) is -5.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SAB Industries stock overvalued right now?
SAB Industries (NSE:SAB) has a current Owner Earnings per Share (TTM) of -5.68. The current Owner Earnings per Share (TTM) is -5.68. SAB Industries' overall GF Score™ is 15/100 with 8 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 SAB Industries (NSE:SAB), the current Owner Earnings per Share (TTM) is -5.68 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.

SAB Industries Business Description

Other Exchanges 539112:India
Address Madhya Marg, SCO 49-50, Sector 26, Chandigarh, IND, 160 019
SAB Industries Ltd is an India-based company engaged in construction activities. The company undertakes projects in the areas of civil infrastructure and construction engineering, the development of technology industrial structures, mass housing complexes and townships, aviation structures, institutional and public utility facilities, hospitality and recreation, and healthcare. The operating segments of the group are the construction division, real estate division, investments, agriculture, and infotech division. The construction division also provides consultancy in the field of civil engineering and preparation and award of the claim. The firm operates in India and generates maximum revenue from the Real Estate division. Geographically, it only operates in India.
15GF Score

Get the complete analysis for NSE:SAB

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

₹174.15
Price