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Platinum Asset Management (ASX:PTM) Price-to-Owner-Earnings : 7.50 (As of May. 13, 2024)


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What is Platinum Asset Management Price-to-Owner-Earnings?

As of today (2024-05-13), Platinum Asset Management's share price is A$1.05. Platinum Asset Management's Owner Earnings per Share (TTM) ended in Jun. 2023 was A$0.14. It's Price-to-Owner-Earnings for today is 7.50.


The historical rank and industry rank for Platinum Asset Management's Price-to-Owner-Earnings or its related term are showing as below:

ASX:PTM' s Price-to-Owner-Earnings Range Over the Past 10 Years
Min: 6.02   Med: 15.81   Max: 33.54
Current: 7.34

During the past 13 years, the highest Price-to-Owner-Earnings of Platinum Asset Management was 33.54. The lowest was 6.02. And the median was 15.81.


ASX:PTM's Price-to-Owner-Earnings is ranked better than
68.91% of 341 companies
in the Asset Management industry
Industry Median: 11.41 vs ASX:PTM: 7.34

As of today (2024-05-13), Platinum Asset Management's share price is A$1.05. Platinum Asset Management's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023 was A$0.14. Therefore, Platinum Asset Management's PE Ratio for today is 7.78.

As of today (2024-05-13), Platinum Asset Management's share price is A$1.05. Platinum Asset Management's EPS without NRI for the trailing twelve months (TTM) ended in was A$0.14. Therefore, Platinum Asset Management's PE Ratio without NRI for today is 7.78.

During the past 13 years, Platinum Asset Management's highest PE Ratio without NRI was 33.54. The lowest was 6.11. And the median was 15.92.


Platinum Asset Management Price-to-Owner-Earnings Historical Data

The historical data trend for Platinum Asset Management's Price-to-Owner-Earnings 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.

Platinum Asset Management Price-to-Owner-Earnings Chart

Platinum Asset Management Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Price-to-Owner-Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 17.96 13.71 17.29 9.78 12.17

Platinum Asset Management Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Price-to-Owner-Earnings 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 - 9.78 - 12.17 -

Competitive Comparison of Platinum Asset Management's Price-to-Owner-Earnings

For the Asset Management subindustry, Platinum Asset Management'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.


Platinum Asset Management's Price-to-Owner-Earnings Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Platinum Asset Management's Price-to-Owner-Earnings distribution charts can be found below:

* The bar in red indicates where Platinum Asset Management's Price-to-Owner-Earnings falls into.



Platinum Asset Management Price-to-Owner-Earnings 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)."

Platinum Asset Management's Price-to-Owner-Earnings for today is calculated as

Price-to-Owner-Earnings=Share Price/Owner Earnings per Share (TTM)
=1.05/0.14
=7.50

* 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.


Platinum Asset Management  (ASX:PTM) Price-to-Owner-Earnings Explanation

For how to get Owner Earnings per Share (TTM), please click.


Platinum Asset Management Price-to-Owner-Earnings Related Terms

Thank you for viewing the detailed overview of Platinum Asset Management's Price-to-Owner-Earnings provided by GuruFocus.com. Please click on the following links to see related term pages.


Platinum Asset Management (ASX:PTM) Business Description

Traded in Other Exchanges
Address
Level 8, 7 Macquarie Place, Sydney, NSW, AUS, 2000
Platinum Asset Management is an Australian-based niche fund manager with a specialty in international equities founded in 1994. It offers region and industry-specific funds in addition to global portfolios. There is flexibility in the investment strategies at Platinum, with funds having the option to engage in short-selling, taking positions in foreign exchange markets, and derivative-based activities to manage risk and aid performance.

Platinum Asset Management (ASX:PTM) Headlines