SONG (Music Licensing) Price-to-Owner-Earnings : (As of Dec. 13, 2024)

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What is Music Licensing Price-to-Owner-Earnings?

As of today (2024-12-13), Music Licensing's share price is $0.04. Music Licensing 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 Music Licensing's Price-to-Owner-Earnings or its related term are showing as below:

SONG's Price-to-Owner-Earnings is not ranked ^*
in the Media - Diversified industry.
Industry Median: 13.28
* Ranked among companies with meaningful Price-to-Owner-Earnings only.

As of today (2024-12-13), Music Licensing's share price is $0.04. Music Licensing's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2024 was $2,156.82. Therefore, Music Licensing's PE Ratio (TTM) for today is 0.00.

As of today (2024-12-13), Music Licensing's share price is $0.04. Music Licensing's EPS without NRI for the trailing twelve months (TTM) ended in was $66,442.85. Therefore, Music Licensing's PE Ratio without NRI for today is 0.00.

During the past 3 years, Music Licensing's highest PE Ratio without NRI was 0.23. The lowest was 0.00. And the median was 0.03.

Music Licensing Price-to-Owner-Earnings Historical Data

The historical data trend for Music Licensing'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.

Music Licensing Price-to-Owner-Earnings Chart

Music Licensing Annual Data

Trend

Dec21

Dec22

Dec23

Price-to-Owner-Earnings

Music Licensing Quarterly Data
	Dec21	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Price-to-Owner-Earnings	Get a 7-Day Free Trial			-	-	-	-	-

Competitive Comparison of Music Licensing's Price-to-Owner-Earnings

For the Entertainment subindustry, Music Licensing'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.

Music Licensing's Price-to-Owner-Earnings Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Music Licensing's Price-to-Owner-Earnings distribution charts can be found below:

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

Music Licensing 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)."

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

Price-to-Owner-Earnings	=	Share Price	/	Owner Earnings per Share (TTM)
	=	0.04	/	0.00
	=

Music Licensing (OTCPK:SONG) Price-to-Owner-Earnings Explanation

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

Music Licensing Price-to-Owner-Earnings Related Terms

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Music Licensing Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Music Licensing Inc (OTCPK:SONG) » Definitions » Price-to-Owner-Earnings

Comparable Companies

Traded in Other Exchanges

N/A

Address

3811 Airport Pulling Rd N, Suite 203, Naples, FL, USA, 34105-2512

Website

https://www.promusicrights.com

Music Licensing Inc is an operator of a public performance rights organization. The group is a music performing rights organization that represents songwriters, composers, and music publishers and issues public performance licenses to businesses. Its customers include television and radio stations, internet/streaming services and mobile technologies, Satellite audio services like XM and Sirius, nightclubs, restaurants, bars, and other venues.