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Veem (ASX:VEE) Price-to-Owner-Earnings : 19.29 (As of Dec. 12, 2024)


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What is Veem Price-to-Owner-Earnings?

As of today (2024-12-12), Veem's share price is A$1.35. Veem's Owner Earnings per Share (TTM) ended in Jun. 2024 was A$0.07. It's Price-to-Owner-Earnings for today is 19.29.


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

ASX:VEE' s Price-to-Owner-Earnings Range Over the Past 10 Years
Min: 8.26   Med: 25.5   Max: 49.44
Current: 20.08

During the past 8 years, the highest Price-to-Owner-Earnings of Veem was 49.44. The lowest was 8.26. And the median was 25.50.


ASX:VEE's Price-to-Owner-Earnings is ranked better than
63.49% of 126 companies
in the Aerospace & Defense industry
Industry Median: 29.21 vs ASX:VEE: 20.08

As of today (2024-12-12), Veem's share price is A$1.35. Veem's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2024 was A$0.05. Therefore, Veem's PE Ratio (TTM) for today is 25.96.

As of today (2024-12-12), Veem's share price is A$1.35. Veem's EPS without NRI for the trailing twelve months (TTM) ended in was A$0.05. Therefore, Veem's PE Ratio without NRI for today is 25.96.

During the past 8 years, Veem's highest PE Ratio without NRI was 72.22. The lowest was 10.00. And the median was 28.10.


Veem Price-to-Owner-Earnings Historical Data

The historical data trend for Veem'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.

Veem Price-to-Owner-Earnings Chart

Veem Annual Data
Trend Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Price-to-Owner-Earnings
Get a 7-Day Free Trial 14.81 28.91 19.00 10.26 26.52

Veem Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 19.00 - 10.26 - 26.52

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

For the Aerospace & Defense subindustry, Veem'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.


Veem's Price-to-Owner-Earnings Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Veem's Price-to-Owner-Earnings distribution charts can be found below:

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



Veem 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)."

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

Price-to-Owner-Earnings=Share Price/Owner Earnings per Share (TTM)
=1.35/0.07
=19.29

* 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.


Veem  (ASX:VEE) Price-to-Owner-Earnings Explanation

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


Veem Price-to-Owner-Earnings Related Terms

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


Veem Business Description

Traded in Other Exchanges
N/A
Address
22 Baile Road, Canning Vale, WA, AUS, 6155
Veem Ltd is a marine technology company engaged in the production of propulsion and stabilization systems. The company also manufactures bespoke engineered products and services for the marine, defense, and mining industries.

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