GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » RENN Fund Inc (AMEX:RCG) » Definitions » Price-to-Owner-Earnings

RENN Fund (RENN Fund) Price-to-Owner-Earnings : (As of Apr. 29, 2024)


View and export this data going back to 1996. Start your Free Trial

What is RENN Fund Price-to-Owner-Earnings?

As of today (2024-04-29), RENN Fund's share price is $1.62. RENN 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 RENN Fund's Price-to-Owner-Earnings or its related term are showing as below:


RCG's Price-to-Owner-Earnings is not ranked *
in the Asset Management industry.
Industry Median: 11.35
* Ranked among companies with meaningful Price-to-Owner-Earnings only.

As of today (2024-04-29), RENN Fund's share price is $1.62. RENN Fund's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023 was $-0.12. Therefore, RENN Fund's PE Ratio for today is At Loss.

As of today (2024-04-29), RENN Fund's share price is $1.62. RENN Fund's EPS without NRI for the trailing twelve months (TTM) ended in was $-0.12. Therefore, RENN Fund's PE Ratio without NRI for today is At Loss.

During the past 13 years, RENN Fund's highest PE Ratio without NRI was 5.71. The lowest was 0.00. And the median was 3.63.


RENN Fund Price-to-Owner-Earnings Historical Data

The historical data trend for RENN 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.

RENN Fund Price-to-Owner-Earnings Chart

RENN Fund Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Owner-Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

RENN Fund 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 - - - - -

Competitive Comparison of RENN Fund's Price-to-Owner-Earnings

For the Asset Management subindustry, RENN 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.


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

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

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



RENN 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)."

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

Price-to-Owner-Earnings=Share Price/Owner Earnings per Share (TTM)
=1.62/0.00
=

* 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.


RENN Fund  (AMEX:RCG) Price-to-Owner-Earnings Explanation

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


RENN Fund Price-to-Owner-Earnings Related Terms

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


RENN Fund (RENN Fund) Business Description

Traded in Other Exchanges
N/A
Address
470 Park Avenue South, New York, NY, USA, 10016
RENN Fund Inc is active in the financial services domain. It is a closed-end management investment company formed with the objective of providing long-term capital appreciation by investing substantially in privately placed convertible and equity securities of emerging growth companies traded on the United States securities exchanges. It invests in various industries, including communication services, surgical and medical instruments and apparatus, telecommunications, crude petroleum, and natural gas and medical chemicals, and botanical products.
Executives
Murray Stahl director, officer: President and CEO C/O HORIZON KINETICS LLC, 470 PARK AVE S 8TH FL S, NEW YORK NY 10016
Grimaldi Russell officer: Secretary C/O HORIZON KINETICS LLC, 470 PARK AVE S, 8TH FL S, NEW YORK NY 10016
Jay H Kesslen officer: President and CEO C/O HORIZON KINETICS LLC, 470 PARK AVE S, 8TH FL S, NEW YORK NY 10016
Alun Williams officer: Treasurer C/O HORIZON KINETICS LLC, 470 PARK AVE S, 8TH FL S, NEW YORK NY 10016
Doug Cohen director HORIZON KINETICS, LLC, 470 PARK AVE S, 4TH FL S, NEW YORK NY 10016
Alice C Brennan director C/O RENN FUND, INC., 470 PARK AVE S 8TH FL S, NEW YORK NY 10016
Steven Bregman other: Co-Portfolio Manager HORIZON KINETICS LLC, 470 PARK AVENUE SOUTH, 4TH FLOOR SOUTH, NEW YORK NY 10016
Peter Doyle other: Co-Portfolio Manager 470 PARK AVENUE SOUTH, 8TH FLOOR, NEW YORK NY 10016
Eric Sites director C/O RENN FUND, INC., 470 PARK AVE S 8TH FL S, NEW YORK NY 10016
Herbert M Chain director C/O RENN FUND, INC., 470 PARK AVE S 8TH FL S, NEW YORK NY 10016
J Philip Mccormick director
Pierce Charles C Jr director C/O RENAISSANCE CAPITAL GROUP INC, 8080 N. CENTRAL EXPRESSWAY #210 LB-59, DALLAS TX 75206
Renn Capital Group, Inc. 10 percent owner 8080 N. CENTRAL EXPRESSWAY, SUITE 210, LB-59, DALLAS TX 75204
Barbara Butschek officer: Secretary and Treasurer
Zed Eric Stephens officer: Vice President RENN CAPITAL GROUP, INC., 8080 N. CENTRAL EXPRESSWAY, SUITE 210, DALLAS TX 75206

RENN Fund (RENN Fund) Headlines

From GuruFocus

RENN Fund, Inc. Announces Year-End Distribution

By ACCESSWIRE ACCESSWIRE 12-20-2022

How to Retroactively Buy Texas Pacific Land Trust

By batbeer2 batbeer2 01-21-2019