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Pine Island Acquisition (Pine Island Acquisition) Price-to-Owner-Earnings : (As of Jun. 06, 2024)


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What is Pine Island Acquisition Price-to-Owner-Earnings?

As of today (2024-06-06), Pine Island Acquisition's share price is $10.03. Pine Island Acquisition 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 Pine Island Acquisition's Price-to-Owner-Earnings or its related term are showing as below:


PIPP's Price-to-Owner-Earnings is not ranked *
in the Diversified Financial Services industry.
Industry Median: 6.325
* Ranked among companies with meaningful Price-to-Owner-Earnings only.

As of today (2024-06-06), Pine Island Acquisition's share price is $10.03. Pine Island Acquisition's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2022 was $0.34. Therefore, Pine Island Acquisition's PE Ratio for today is 29.67.

As of today (2024-06-06), Pine Island Acquisition's share price is $10.03. Pine Island Acquisition's EPS without NRI for the trailing twelve months (TTM) ended in was $0.34. Therefore, Pine Island Acquisition's PE Ratio without NRI for today is 29.67.


Pine Island Acquisition Price-to-Owner-Earnings Historical Data

The historical data trend for Pine Island Acquisition'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.

Pine Island Acquisition Price-to-Owner-Earnings Chart

Pine Island Acquisition Annual Data
Trend Dec20 Dec21
Price-to-Owner-Earnings
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Pine Island Acquisition Quarterly Data
Aug20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
Price-to-Owner-Earnings Get a 7-Day Free Trial - - - - -

Competitive Comparison of Pine Island Acquisition's Price-to-Owner-Earnings

For the Shell Companies subindustry, Pine Island Acquisition'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.


Pine Island Acquisition's Price-to-Owner-Earnings Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Pine Island Acquisition's Price-to-Owner-Earnings distribution charts can be found below:

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



Pine Island Acquisition 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)."

Pine Island Acquisition's Price-to-Owner-Earnings for today is calculated as

Price-to-Owner-Earnings=Share Price/Owner Earnings per Share (TTM)
=10.03/0.00
=

* 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.


Pine Island Acquisition  (NYSE:PIPP) Price-to-Owner-Earnings Explanation

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


Pine Island Acquisition Price-to-Owner-Earnings Related Terms

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Pine Island Acquisition (Pine Island Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
2455 E. Sunrise Boulevard, Suite 1205, Fort Lauderdale, FL, USA, 33304
Pine Island Acquisition Corp is a blank check company.
Executives
Michael E Roemer director AMERICAN INTERNATIONAL GROUP, INC., 70 PINE STREET, NEW YORK NY 10270
John A Thain director, officer: Chairman of the Board C/O CIT GROUP, 1 CIT DRIVE, #3251-9, LIVINGSTON NJ 07039
Bridge Charles G Jr officer: CFO and Secretary 2455 E. SUNRISE BLVD., SUITE 1205, FORT LAUDERDALE FL 33304
Capricia P Marshall director 2455 E. SUNRISE BLVD., SUITE 1205, FORT LAUDERDALE FL 33304
Philip A Cooper director, officer: CEO and President 2455 E. SUNRISE BLVD, SUITE 1205, FORT LAUDERDALE FL 33304
Pine Island Sponsor Llc 10 percent owner 2455 E. SUNRISE BLVD., SUITE 1205, FORT LAUDERDALE FL 33304
Stuart W Holliday director 2455 E. SUNRISE BLVD., SUITE 1205, FORT LAUDERDALE FL 33304