Fortune Minerals (Fortune Minerals) Price-to-Owner-Earnings : (As of Apr. 27, 2024)

View and export this data going back to 2009. Start your Free Trial

What is Fortune Minerals Price-to-Owner-Earnings?

As of today (2024-04-27), Fortune Minerals's share price is $0.03013. Fortune Minerals 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 Fortune Minerals's Price-to-Owner-Earnings or its related term are showing as below:

During the past 13 years, the highest Price-to-Owner-Earnings of Fortune Minerals was 23.87. The lowest was 0.00. And the median was 0.00.

FTMDF's Price-to-Owner-Earnings is not ranked ^*
in the Metals & Mining industry.
Industry Median: 13.7
* Ranked among companies with meaningful Price-to-Owner-Earnings only.

As of today (2024-04-27), Fortune Minerals's share price is $0.03013. Fortune Minerals's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023 was $-0.01. Therefore, Fortune Minerals's PE Ratio for today is At Loss.

As of today (2024-04-27), Fortune Minerals's share price is $0.03013. Fortune Minerals's EPS without NRI for the trailing twelve months (TTM) ended in was $-0.01. Therefore, Fortune Minerals's PE Ratio without NRI for today is At Loss.

During the past 13 years, Fortune Minerals's highest PE Ratio without NRI was 23.87. The lowest was 0.00. And the median was 0.00.

Fortune Minerals Price-to-Owner-Earnings Historical Data

The historical data trend for Fortune Minerals'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.

Fortune Minerals Price-to-Owner-Earnings Chart

Fortune Minerals Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Owner-Earnings

Get a 7-Day Free Trial

Fortune Minerals Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Price-to-Owner-Earnings	Get a 7-Day Free Trial															-	-	-	-	-

Competitive Comparison of Fortune Minerals's Price-to-Owner-Earnings

For the Other Industrial Metals & Mining subindustry, Fortune Minerals'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.

Fortune Minerals's Price-to-Owner-Earnings Distribution in the Metals & Mining Industry

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

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

Fortune Minerals 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)."

Fortune Minerals's Price-to-Owner-Earnings for today is calculated as

Price-to-Owner-Earnings	=	Share Price	/	Owner Earnings per Share (TTM)
	=	0.03013	/	0.00
	=

Fortune Minerals (OTCPK:FTMDF) Price-to-Owner-Earnings Explanation

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

Fortune Minerals Price-to-Owner-Earnings Related Terms

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

Fortune Minerals (Fortune Minerals) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Fortune Minerals Ltd (OTCPK:FTMDF) » Definitions » Price-to-Owner-Earnings

Comparable Companies

Traded in Other Exchanges

FT:Canada

Address

617 Wellington Street, London, ON, CAN, N6A 3R6

Website

https://www.fortuneminerals.com

Fortune Minerals Ltd is a Canadian mining and mine development company focused on developing the NICO Cobalt-Gold-Bismuth Copper Project in the Northwest Territories. The company plans to build a hydrometallurgical plant in southern Canada to process NICO metal concentrates. It also owns the satellite Sue-Dianne Copper-Silver-Gold Deposit located 25 km north of the NICO Project, which is a potential future source of incremental mill feed to extend the life.