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Remgro (JSE:REM) Price-to-Owner-Earnings : 12.90 (As of May. 15, 2024)


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What is Remgro Price-to-Owner-Earnings?

As of today (2024-05-15), Remgro's share price is R124.00. Remgro's Owner Earnings per Share (TTM) ended in Jun. 2023 was R9.61. It's Price-to-Owner-Earnings for today is 12.90.


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

JSE:REM' s Price-to-Owner-Earnings Range Over the Past 10 Years
Min: 5.53   Med: 11.22   Max: 21.43
Current: 13.12

During the past 13 years, the highest Price-to-Owner-Earnings of Remgro was 21.43. The lowest was 5.53. And the median was 11.22.


JSE:REM's Price-to-Owner-Earnings is ranked worse than
53.96% of 341 companies
in the Asset Management industry
Industry Median: 11.04 vs JSE:REM: 13.12

As of today (2024-05-15), Remgro's share price is R124.00. Remgro's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023 was R5.68. Therefore, Remgro's PE Ratio for today is 21.83.

As of today (2024-05-15), Remgro's share price is R124.00. Remgro's EPS without NRI for the trailing twelve months (TTM) ended in was R9.28. Therefore, Remgro's PE Ratio without NRI for today is 13.36.

During the past 13 years, Remgro's highest PE Ratio without NRI was 39.04. The lowest was 8.82. And the median was 12.90.


Remgro Price-to-Owner-Earnings Historical Data

The historical data trend for Remgro'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.

Remgro Price-to-Owner-Earnings Chart

Remgro 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 11.09 7.38 15.72 5.59 15.30

Remgro 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 - 5.59 - 15.30 -

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

For the Asset Management subindustry, Remgro'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.


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

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

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



Remgro 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)."

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

Price-to-Owner-Earnings=Share Price/Owner Earnings per Share (TTM)
=124.00/9.61
=12.90

* 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.


Remgro  (JSE:REM) Price-to-Owner-Earnings Explanation

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


Remgro Price-to-Owner-Earnings Related Terms

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


Remgro (JSE:REM) Business Description

Traded in Other Exchanges
Address
16 Stellentia Avenue, Millennia Park, Stellenbosch, ZAF, 7600
Remgro Ltd is an investment holding company that consists of operating subsidiaries and noncontrolled investments in listed and unlisted companies. The company's investments span a variety of end markets, including food, liquor, home care, banking, healthcare, insurance, industrial, infrastructure, media, and sports industries. Its business model emphasizes decentralization, particularly concerning the management and corporate governance matters of its holdings. Management invests in companies it believes can generate superior levels of free cash flow. Its investment candidates mostly come from South Africa, where the company operates. Management also makes global investments in tandem with experienced partners.