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Herzfeld Caribbean Basin Fund (Herzfeld Caribbean Basin Fund) Price-to-Owner-Earnings : (As of Apr. 26, 2024)


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What is Herzfeld Caribbean Basin Fund Price-to-Owner-Earnings?

As of today (2024-04-26), Herzfeld Caribbean Basin Fund's share price is $2.41. Herzfeld Caribbean Basin Fund does not have enough data to calculate Owner Earnings per Share (TTM), so as pPrice-to-Owner-Earnings.


The historical rank and industry rank for Herzfeld Caribbean Basin Fund's Price-to-Owner-Earnings or its related term are showing as below:


CUBA's Price-to-Owner-Earnings is not ranked *
in the Asset Management industry.
Industry Median: 11
* Ranked among companies with meaningful Price-to-Owner-Earnings only.

As of today (2024-04-26), Herzfeld Caribbean Basin Fund's share price is $2.41. Herzfeld Caribbean Basin Fund's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023 was $1.05. Therefore, Herzfeld Caribbean Basin Fund's PE Ratio for today is 2.31.

As of today (2024-04-26), Herzfeld Caribbean Basin Fund's share price is $2.41. Herzfeld Caribbean Basin Fund's EPS without NRI for the trailing twelve months (TTM) ended in was $1.05. Therefore, Herzfeld Caribbean Basin Fund's PE Ratio without NRI for today is 2.31.

During the past 6 years, Herzfeld Caribbean Basin Fund's highest PE Ratio without NRI was 3.58. The lowest was 1.33. And the median was 2.10.


Herzfeld Caribbean Basin Fund Price-to-Owner-Earnings Historical Data

The historical data trend for Herzfeld Caribbean Basin Fund'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.

Herzfeld Caribbean Basin Fund Price-to-Owner-Earnings Chart

Herzfeld Caribbean Basin Fund Annual Data
Trend Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Price-to-Owner-Earnings
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Herzfeld Caribbean Basin Fund Semi-Annual Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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Competitive Comparison of Herzfeld Caribbean Basin Fund's Price-to-Owner-Earnings

For the Asset Management subindustry, Herzfeld Caribbean Basin Fund'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.


Herzfeld Caribbean Basin Fund's Price-to-Owner-Earnings Distribution in the Asset Management Industry

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

* The bar in red indicates where Herzfeld Caribbean Basin Fund's Price-to-Owner-Earnings falls into.



Herzfeld Caribbean Basin Fund 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)."

Herzfeld Caribbean Basin Fund's Price-to-Owner-Earnings for today is calculated as

Price-to-Owner-Earnings=Share Price/Owner Earnings per Share (TTM)
=2.41/0.00
=

* 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.


Herzfeld Caribbean Basin Fund  (NAS:CUBA) Price-to-Owner-Earnings Explanation

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


Herzfeld Caribbean Basin Fund Price-to-Owner-Earnings Related Terms

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


Herzfeld Caribbean Basin Fund (Herzfeld Caribbean Basin Fund) Business Description

Traded in Other Exchanges
N/A
Address
119 Washington Avenue, Suite 504, Miami Beach, FL, USA, 33139
Herzfeld Caribbean Basin Fund Inc operates as a closed-end management investment company. The company's investment objective is to obtain long-term capital appreciation. The firm offers customized discretionary account management and fund management services to individual and institutional investors. The fund invests in equity and equity-linked securities of public and private companies, including United States-based companies, whose securities are traded principally on a stock exchange in a Caribbean Basin Country. The fund's revenue source is through the dividends it receives. Its investments are geographically allocated in the United States followed by Puerto Rico, Mexico, and other countries.
Executives
Thomas J Herzfeld director, officer: President THE HERZFELD CARIBBEAN BASIN FUND INC, 119 WASHINGTON AVENUE, SUITE 504, MIAMI BEACH FL 33139
Erik Mervin Herzfeld officer: Portfolio Manager THE HERZFELD CARIBBEAN BASIN FUND INC., 119 WASHINGTON AVE. SUITE 504, MIAMI BEACH FL 33139
Ryan M Paylor other: Portfolio Manager THE HERZFELD CARIBBEAN BASIN FUND INC., 119 WASHINGTON AVE., SUITE 504, MIAMI BEACH FL 33139
Cecilia L Gondor officer: Secretary/Treasurer THE HERZFELD CARIBBEAN BASIN FUND INC, 119 WASHINGTON AVENUE, SUITE 504, MIAMI BEACH FL 33139
Phillip Goldstein 10 percent owner 60 HERITAGE DRIVE, PLEASANTVILLE NY 10570
Zachary Paul Richmond officer: Treasurer C/O ULTIMUS FUND SOLUTIONS, LLC, 225 PICTORIA DRIVE, SUITE 450, CINCINNATI OH 45246
Alice Tham officer: Secretary C/O THOMAS J. HERZFELD ADVISORS, INC., 119 WASHINGTON AVE., SUITE 504, MIAMI BEACH FL 33139
Thomas K Morgan officer: CCO C/O THOMAS J. HERZFELD ADVISORS, INC., 119 WASHINGTON AVE, MIAMI BEACH FL 33139
Jose Raphael Oro other: Access Person 17 OLD ORCHARD ROAD, NORTH HAVEN CT 06473
Teofilo Abraham Babun other: Access Person 119 WASHINGTON AVENUE, SUITE 504, MIAMI BEACH FL 33139
Kay W Tatum director 122 SEVILLA AVE, APT 1713, CORAL GABLES FL 33134
Lee Reanna J.m. officer: Secretary/Treasurer/CCO 119 WASHINGTON AVE, STE 504, MIAMI BEACH FL 33139
John A Gelety director THE HERZFELD CARIBBEAN BASIN FUND INC., 119 WASHINGTON AVE., SUITE 504, MIAMI BEACH FL 33139
Ann S Lieff director THE HERZFELD CARIBBEAN BASIN FUND INC., 119 WASHINGTON AVE., SUITE 504, MIAMI BEACH FL 33139
Michael A Rubin director 420 SOUTH DIXIE HIGHWAY, STE 4-B, CORAL GABLES FL 33176