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Meridian Energy (Meridian Energy) Price-to-Owner-Earnings : 66.00 (As of Apr. 25, 2024)


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What is Meridian Energy Price-to-Owner-Earnings?

As of today (2024-04-25), Meridian Energy's share price is $3.30. Meridian Energy's Owner Earnings per Share (TTM) ended in Jun. 2023 was $0.05. It's Price-to-Owner-Earnings for today is 66.00.


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

MDDNF' s Price-to-Owner-Earnings Range Over the Past 10 Years
Min: 16.89   Med: 29.72   Max: 64.09
Current: 63.71

During the past 13 years, the highest Price-to-Owner-Earnings of Meridian Energy was 64.09. The lowest was 16.89. And the median was 29.72.


MDDNF's Price-to-Owner-Earnings is ranked worse than
87.5% of 160 companies
in the Utilities - Independent Power Producers industry
Industry Median: 9.22 vs MDDNF: 63.71

As of today (2024-04-25), Meridian Energy's share price is $3.30. Meridian Energy's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023 was $0.02. Therefore, Meridian Energy's PE Ratio for today is 157.14.

As of today (2024-04-25), Meridian Energy's share price is $3.30. Meridian Energy's EPS without NRI for the trailing twelve months (TTM) ended in was $0.02. Therefore, Meridian Energy's PE Ratio without NRI for today is 150.00.

During the past 13 years, Meridian Energy's highest PE Ratio without NRI was 179.55. The lowest was 7.43. And the median was 35.31.


Meridian Energy Price-to-Owner-Earnings Historical Data

The historical data trend for Meridian Energy'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.

Meridian Energy Price-to-Owner-Earnings Chart

Meridian Energy 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 22.85 29.00 20.26 19.07 64.60

Meridian Energy 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 - 19.07 - 64.60 -

Competitive Comparison of Meridian Energy's Price-to-Owner-Earnings

For the Utilities - Renewable subindustry, Meridian Energy'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.


Meridian Energy's Price-to-Owner-Earnings Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Meridian Energy's Price-to-Owner-Earnings distribution charts can be found below:

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



Meridian Energy 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)."

Meridian Energy's Price-to-Owner-Earnings for today is calculated as

Price-to-Owner-Earnings=Share Price/Owner Earnings per Share (TTM)
=3.30/0.05
=66.00

* 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.


Meridian Energy  (OTCPK:MDDNF) Price-to-Owner-Earnings Explanation

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


Meridian Energy Price-to-Owner-Earnings Related Terms

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


Meridian Energy (Meridian Energy) Business Description

Traded in Other Exchanges
Address
287-293 Durham Street North, Christchurch Central, Christchurch, STL, NZL, 8013
Meridian is New Zealand's largest electricity generator, operating hydro stations and wind farms in New Zealand. Nearly 90% of its electricity is generated from low-cost hydro power plants, with wind making up the rest. The company's main competitors are vertically integrated firms, such as Mercury NZ, Genesis Energy, Contact Energy, and Trustpower.