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Midwest Holding (Midwest Holding) Price-to-Owner-Earnings : 1.17 (As of May. 30, 2024)


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What is Midwest Holding Price-to-Owner-Earnings?

As of today (2024-05-30), Midwest Holding's share price is $26.99. Midwest Holding's Owner Earnings per Share (TTM) ended in Sep. 2023 was $23.06. It's Price-to-Owner-Earnings for today is 1.17.


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

MDWT' s Price-to-Owner-Earnings Range Over the Past 10 Years
Min: 0.32   Med: 0.85   Max: 10.17
Current: 1.14

During the past 13 years, the highest Price-to-Owner-Earnings of Midwest Holding was 10.17. The lowest was 0.32. And the median was 0.85.


MDWT's Price-to-Owner-Earnings is not ranked
in the Insurance industry.
Industry Median: 8.72 vs MDWT: 1.14

As of today (2024-05-30), Midwest Holding's share price is $26.99. Midwest Holding's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Sep. 2023 was $-2.55. Therefore, Midwest Holding's PE Ratio for today is At Loss.

As of today (2024-05-30), Midwest Holding's share price is $26.99. Midwest Holding's EPS without NRI for the trailing twelve months (TTM) ended in was $-2.55. Therefore, Midwest Holding's PE Ratio without NRI for today is At Loss.

During the past 13 years, Midwest Holding's highest PE Ratio without NRI was 1173.33. The lowest was 0.00. And the median was 7.92.


Midwest Holding Price-to-Owner-Earnings Historical Data

The historical data trend for Midwest Holding'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.

Midwest Holding Price-to-Owner-Earnings Chart

Midwest Holding Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Price-to-Owner-Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 0.60

Midwest Holding Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 1.07 0.60 0.47 0.67 1.13

Competitive Comparison of Midwest Holding's Price-to-Owner-Earnings

For the Insurance - Life subindustry, Midwest Holding'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.


Midwest Holding's Price-to-Owner-Earnings Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Midwest Holding's Price-to-Owner-Earnings distribution charts can be found below:

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



Midwest Holding 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)."

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

Price-to-Owner-Earnings=Share Price/Owner Earnings per Share (TTM)
=26.99/23.06
=1.17

* 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.


Midwest Holding  (NAS:MDWT) Price-to-Owner-Earnings Explanation

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


Midwest Holding Price-to-Owner-Earnings Related Terms

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


Midwest Holding (Midwest Holding) Business Description

Traded in Other Exchanges
N/A
Address
2900 South 70th Street, Suite 400, Lincoln, NE, USA, 68506
Midwest Holding Inc is a financial service holding company. The company is engaged in the underwriting and marketing of life insurance products through American Life. Its product offerings consist of a multi-benefit life insurance policy that combines cash value life insurance with a tax-deferred annuity and a single premium term life product. These product offerings are underwritten, marketed, and managed as a group of similar products on an overall portfolio basis. Geographically, the activities are carried out throughout the region of the United States.
Executives
Knott David M Jr 10 percent owner DORSET MANAGEMENT CORPORATION, 485 UNDERHILL BOULEVARD, SUITE 205, SYOSSET NY 11791
Diane C. Davis director 201 WELLS AVENUE SOUTH, RENTON WA 98057
Nancy Lyons Callahan director 2900 SOUTH 70TH STREET, SUITE 400, LINCOLN NE 68506
Kevin Martin Sheehan director 115 PINE BROOK ROAD, BEDFORD NY 10506
Knott Partners Lp 10 percent owner 485 UNDERHILL BOULEVARD, SUITE 205, SYOSSET NY 11791
Eoin Elliffe officer: Chief Risk Officer 2900 SOUTH 70TH STREET, SUITE 400, LINCOLN NE 68506
Daniel Scott Maloney officer: EVP-Accounting & Finance (PAO) 5250 S. SIXTH ST, C/O UNITED TRUST GROUP, SPRINGIELD IL 62703
Yadin Rozov director 9 TERRACE CIRCLE, ARMONK NY 10504
Eric N. Berg officer: Chief Financial Officer 2900 SOUTH 70TH STREET, SUITE 400, L NE 68506
Michael W. Minnich director, 10 percent owner, officer: Co-Chief Executive Officer 7 EAST 20TH STREET, APARTMENT 12F, NEW YORK NY 10003
Jack Theeler director 8101 O STREET, SUITE S111, LINCOLN NE 68510
Georgette C. Nicholas officer: President & CFO 2900 SOUTH 70TH STREET, SUITE 400, LINCOLN NE 68506
Stephen Alan Mace officer: General Counsel 2900 SOUTH 70TH STREET, SUITE 400, LINCOLN NE 68506
Debra Havranek officer: VP & CFO 2900 SOUTH 70TH STREET, SUITE 400, LINCOLN NE 68506
Michael Minnich director, 10 percent owner, officer: Executive Chairman 7 EAST 20TH STREET, APARTMENT 12F, NEW YORK NY 10003