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Fonar (FONR) Price-to-Owner-Earnings : 21.62 (As of Apr. 26, 2024)


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What is Fonar Price-to-Owner-Earnings?

As of today (2024-04-26), Fonar's share price is $16.86. Fonar's Owner Earnings per Share (TTM) ended in Dec. 2023 was $0.78. It's Price-to-Owner-Earnings for today is 21.62.


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

FONR' s Price-to-Owner-Earnings Range Over the Past 10 Years
Min: 4.46   Med: 11.83   Max: 124.7
Current: 21.64

During the past 13 years, the highest Price-to-Owner-Earnings of Fonar was 124.70. The lowest was 4.46. And the median was 11.83.


FONR's Price-to-Owner-Earnings is ranked better than
64.71% of 68 companies
in the Medical Diagnostics & Research industry
Industry Median: 25.315 vs FONR: 21.64

As of today (2024-04-26), Fonar's share price is $16.86. Fonar's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023 was $1.84. Therefore, Fonar's PE Ratio for today is 9.16.

As of today (2024-04-26), Fonar's share price is $16.86. Fonar's EPS without NRI for the trailing twelve months (TTM) ended in was $1.62. Therefore, Fonar's PE Ratio without NRI for today is 10.44.

During the past 13 years, Fonar's highest PE Ratio without NRI was 23.48. The lowest was 4.34. And the median was 9.18.


Fonar Price-to-Owner-Earnings Historical Data

The historical data trend for Fonar'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.

Fonar Price-to-Owner-Earnings Chart

Fonar 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 12.21 23.64 28.47 17.60 68.40

Fonar 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 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 25.61 25.16 68.40 39.90 25.11

Competitive Comparison of Fonar's Price-to-Owner-Earnings

For the Diagnostics & Research subindustry, Fonar'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.


Fonar's Price-to-Owner-Earnings Distribution in the Medical Diagnostics & Research Industry

For the Medical Diagnostics & Research industry and Healthcare sector, Fonar's Price-to-Owner-Earnings distribution charts can be found below:

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



Fonar 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)."

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

Price-to-Owner-Earnings=Share Price/Owner Earnings per Share (TTM)
=16.86/0.78
=21.62

* 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.


Fonar  (NAS:FONR) Price-to-Owner-Earnings Explanation

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


Fonar Price-to-Owner-Earnings Related Terms

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


Fonar (FONR) Business Description

Traded in Other Exchanges
Address
110 Marcus Drive, Melville, NY, USA, 11747
Fonar Corp is a United States-based company which is engaged in the business of designing, manufacturing, selling and servicing magnetic resonance imaging (MRI) scanners, which utilize MRI technology for the detection and diagnosis of human disease, abnormalities, other medical conditions, and injuries. The company operates through two segments namely Manufacturing and servicing of medical equipment; and the Management of diagnostic imaging centers, which generates a vast majority of the revenue. The company's areas of operations are principally in the United States. It also exports to the United Arab Emirates, England, and Germany.
Executives
Timothy Raymond Damadian director, officer: CEO, President & Treasurer 110 MARCUS DR., MELVILLE NY 11747
Luciano B Bonanni officer: Exec VP, COO & PFO 110 MARCUS DR., MELVILLE NY 11747
Raymond V Damadian director, officer: president 31 FAIRBANKS BLVD, WOODBURY NY 11797
Robert J Janoff director 32 OSAGE DRIVE, HUNTINGTON STATION NY 11746
Data Charles O director 347 LINCOLN AVENUE, BEAVER PA 15009
Claudette Chan director 145 WEST 86TH STREET, APT. 15B, NEW YORK NY 10024
David B Terry officer: Secretary BOX 1439, EAST QUOGUE NY 11942
Robert Djerejian director 303 EAST 57TH STREET, APT 16LA, NEW YORK NY 10022