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


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What is Trine II Acquisition Price-to-Owner-Earnings?

As of today (2024-06-06), Trine II Acquisition's share price is $10.50. Trine II 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 Trine II Acquisition's Price-to-Owner-Earnings or its related term are showing as below:


TRAQ'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), Trine II Acquisition's share price is $10.50. Trine II Acquisition's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2022 was $0.50. Therefore, Trine II Acquisition's PE Ratio for today is 21.00.

As of today (2024-06-06), Trine II Acquisition's share price is $10.50. Trine II Acquisition's EPS without NRI for the trailing twelve months (TTM) ended in was $0.50. Therefore, Trine II Acquisition's PE Ratio without NRI for today is 21.00.


Trine II Acquisition Price-to-Owner-Earnings Historical Data

The historical data trend for Trine II 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.

Trine II Acquisition Price-to-Owner-Earnings Chart

Trine II Acquisition Annual Data
Trend Dec21 Dec22
Price-to-Owner-Earnings
- -

Trine II Acquisition Quarterly Data
Jan21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22
Price-to-Owner-Earnings Get a 7-Day Free Trial - - - - -

Competitive Comparison of Trine II Acquisition's Price-to-Owner-Earnings

For the Shell Companies subindustry, Trine II 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.


Trine II Acquisition's Price-to-Owner-Earnings Distribution in the Diversified Financial Services Industry

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

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



Trine II 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)."

Trine II Acquisition's Price-to-Owner-Earnings for today is calculated as

Price-to-Owner-Earnings=Share Price/Owner Earnings per Share (TTM)
=10.50/0.00
=

* 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.


Trine II Acquisition  (NYSE:TRAQ) Price-to-Owner-Earnings Explanation

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


Trine II Acquisition Price-to-Owner-Earnings Related Terms

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Trine II Acquisition (Trine II Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
228 Park Avenue South, Suite 63482, New York, NY, USA, 10003
Trine II Acquisition Corp is a blank check company.
Executives
Brian Deevy director C/O TICKETMASTER, 8800 WEST SUNSET BLVD., WEST HOLLYWOOD CA 90069
Hindery Leo J. Jr. director, 10 percent owner C/O HMG, INC., C/O CINE LATINO, INC., 2000 PONCE DE LEON BLVD, SUITE 500, CORAL GABLES FL 33134
Josephine Linden director 6601 SOUTH BERMUDA ROAD, LAS VEGAS NV 89119
Mark J Coleman officer: EVP and General Counsel 405 LEXINGTON AVENUE, 48TH FLOOR, NEW YORK NY 10174
Pierre M. Henry director, 10 percent owner, officer: Chief Executive Officer 405 LEXINGTON AVENUE, 48TH FLOOR, NEW YORK NY 10174
Ric Fulop director C/O DESKTOP METAL, INC., 63 THIRD AVENUE, BURLINGTON MA 01803
James Moran director 4538 S. 140TH ST., OMAHA NE 68137
Robin Trine Ii Llc 10 percent owner 405 LEXINGTON AVENUE, 48TH FLOOR, NEW YORK NY 10174
Acanthis Master, Llc 10 percent owner 405 LEXINGTON AVENUE, 48TH FLOOR, NEW YORK NY 10174
Jamie R Seltzer director 405 LEXINGTON AVENUE, 48TH FLOOR, NEW YORK NY 10174
Jason Kay director 405 LEXINGTON AVENUE, 48TH FLOOR, NEW YORK NY 10174
David Dodson director 405 LEXINGTON AVENUE, 48TH FLOOR, NEW YORK NY 10174
Richard Adam Miller officer: EVP and CFO 405 LEXINGTON AVENUE, 48TH FLOOR, NEW YORK NY 10174