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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.
"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)."
Tsakos Energy Navigation 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 Tsakos Energy Navigation's Owner Earnings per Share (TTM) or its related term are showing as below:
TEN's Price-to-Owner-Earnings is not ranked *
in the Oil & Gas industry.
Industry Median: 11.505 * Ranked among companies with meaningful Price-to-Owner-Earnings only.
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.
Tsakos Energy Navigation Owner Earnings per Share (TTM) Related Terms
Tsakos Energy Navigation Owner Earnings per Share (TTM) Historical Data
* Premium members only.
The historical data trend for Tsakos Energy Navigation'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.
Tsakos Energy Navigation Owner Earnings per Share (TTM) Chart
TEN vs EE, SBR, NVGS: Owner Earnings per Share (TTM) Comparison
For the Oil & Gas Midstream subindustry, Tsakos Energy Navigation'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.
Tsakos Energy Navigation Price-to-Owner-Earnings vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Tsakos Energy Navigation's Price-to-Owner-Earnings distribution charts can be found below:
* The bar in red indicates where Tsakos Energy Navigation's Price-to-Owner-Earnings falls into.
"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)."
What does a Owner Earnings per Share (TTM) of 0.00 mean?
Tsakos Energy Navigation (TEN) has a Owner Earnings per Share (TTM) of 0.00 as of Mar. 2026. Warren Buffett defined owner earnings as reported earnings plus depreciation less average maintenance capital expenditure. View historical data on Tsakos Energy Navigation. Over the past decade, Tsakos Energy Navigation's Owner Earnings per Share (TTM) has ranged from 1.47 to 3.93. According to the industry distribution chart, Tsakos Energy Navigation ranks #999999 out of 452 companies in the Oil & Gas industry.
Is Tsakos Energy Navigation's Owner Earnings per Share (TTM) too high?
Tsakos Energy Navigation's current Owner Earnings per Share (TTM) is 0.00. Over the past 10 years, this metric has ranged from a low of 1.47 to a high of 3.93. Based on the distribution chart, Tsakos Energy Navigation ranks #999999 out of 452 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, Tsakos Energy Navigation has a GF Score™ of 46/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tsakos Energy Navigation's Owner Earnings per Share (TTM) compare to EE and SBR?
According to the Oil & Gas industry distribution chart, Tsakos Energy Navigation ranks #999999 out of 452 companies for Owner Earnings per Share (TTM). This places Tsakos Energy Navigation in the lower half of its industry. The industry median Owner Earnings per Share (TTM) is 11.51. Historically, Tsakos Energy Navigation's own Owner Earnings per Share (TTM) has ranged from 1.47 to 3.93 over the past decade. 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 an Oil & Gas company?
The median Owner Earnings per Share (TTM) among Oil & Gas companies is 11.51, based on 452 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 Tsakos Energy Navigation. For the Oil & Gas industry, the median Owner Earnings per Share (TTM) is 11.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tsakos Energy Navigation'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 Tsakos Energy Navigation stock overvalued right now?
Based on GuruFocus' analysis, Tsakos Energy Navigation (TEN) is currently considered Significantly Overvalued. The stock's GF Value™ is $22.19, compared to a current price of $40.12 — trading 80.8% above its estimated fair value. The current Owner Earnings per Share (TTM) is 0.00. Tsakos Energy Navigation's overall GF Score™ is 46/100 with 7 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 Tsakos Energy Navigation (TEN), the current Owner Earnings per Share (TTM) is 0.00 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 Tsakos Energy Navigation (TEN) Overvalued in 2026?
Based on GuruFocus' analysis, Tsakos Energy Navigation stock appears to be overvalued.
The current stock price of $40.12 is trading 80.8% above its estimated GF Value™ of $22.19.
GuruFocus considers Tsakos Energy Navigation to be Significantly Overvalued.
Key valuation signals for TEN:
Owner Earnings per Share (TTM): 0.00
GF Value™: $22.19 vs. price of $40.12 (80.8% above fair value)
No single metric tells the full story. See the TEN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tsakos Energy Navigation Ltd is a provider of international seaborne crude oil and petroleum product transportation services. The company operated a fleet of modern crude oil and petroleum product tankers, including vessels chartered-in that provide world-wide marine transportation services for national and other independent oil companies and refiners under long, medium and short-term charters. Its fleet also includes LNG carriers, including chartered-in vessel and suezmax shuttle tankers with dynamic positioning technology (DP2). It operates in one reportable segment, the world-wide maritime transportation of liquid energy-related products.
46GF Score
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Owner Earnings per Share (TTM) is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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