PMMEF (Premium Exploration) Owner Earnings per Share (TTM): 0.00 (As of Sep. 2014)

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What is Premium Exploration Owner Earnings per Share (TTM)?

Premium Exploration PMMEF -90.00% Owner Earnings per Share (TTM) is 0.00 as of Sep. 2014.

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)."

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



PMMEF's Price-to-Owner-Earnings is not ranked *
in the Metals & Mining industry.
Industry Median: 15.38
* Ranked among companies with meaningful Price-to-Owner-Earnings only.

Premium Exploration's Earnings per Share (Diluted) for the three months ended in Sep. 2014 was $-0.02. Its Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Sep. 2014 was $-0.15. It's PE Ratio (TTM) ratio for today is At Loss.

Premium Exploration's EPS without NRI for the three months ended in Sep. 2014 was $-0.02. Its EPS without NRI for the trailing twelve months (TTM) ended in Sep. 2014 was $-0.15. 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.


Premium Exploration Owner Earnings per Share (TTM) Related Terms


Premium Exploration Owner Earnings per Share (TTM) Historical Data

* Premium members only.

The historical data trend for Premium Exploration'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 Exploration Owner Earnings per Share (TTM) Chart

Premium Exploration Annual Data
Trend Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13
Owner Earnings per Share (TTM)
Get a 7-Day Free Trial Premium Member Only 0.00 0.00 0.00 0.00 0.00

Premium Exploration Quarterly Data
Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14
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 0.00 0.00 0.00 0.00 0.00

Premium Exploration Owner Earnings per Share (TTM) Competitor Comparison

For the Other Precious Metals & Mining subindustry, Premium Exploration'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.


Premium Exploration Price-to-Owner-Earnings vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Premium Exploration's Price-to-Owner-Earnings distribution charts can be found below:

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



Premium Exploration 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)

Premium Exploration 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 0.00 mean?
Premium Exploration (PMMEF) has a Owner Earnings per Share (TTM) of 0.00 as of Sep. 2014. Warren Buffett defined owner earnings as reported earnings plus depreciation less average maintenance capital expenditure. View historical data on Premium Exploration.
Is Premium Exploration's Owner Earnings per Share (TTM) too high?
Premium Exploration's current Owner Earnings per Share (TTM) is 0.00.
How does Premium Exploration's Owner Earnings per Share (TTM) compare to competitors?
Premium Exploration's Owner Earnings per Share (TTM) of 0.00 can be compared against companies in the Metals & Mining industry. The industry median Owner Earnings per Share (TTM) is 15.38. 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 Metals & Mining company?
The median Owner Earnings per Share (TTM) among Metals & Mining companies is 15.38, based on 418 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 Premium Exploration. For the Metals & Mining industry, the median Owner Earnings per Share (TTM) is 15.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Premium Exploration's current Owner Earnings per Share (TTM) is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Premium Exploration stock overvalued right now?
Premium Exploration (PMMEF) has a current Owner Earnings per Share (TTM) of 0.00. The current Owner Earnings per Share (TTM) is 0.00. 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 Premium Exploration (PMMEF), the current Owner Earnings per Share (TTM) is 0.00 as of Sep. 2014. 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.

Premium Exploration Business Description

Address 254 W. Hanley Avenue, Suite A, Coeur d\'Alene, ID, USA, 83815
Premium Exploration Inc is a mineral exploration company operating in Canada. It mainly explores and develops precious metal properties. The company owns an interest in the Idaho Gold Project, which includes Buffalo Gulch Zone, the Deadwood Zone, the Friday Zone, the Project X Zone, the Monday Zone and the Lucky Strike Zone. It also holds exploration interest in Chrome Mountain Property.