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Ocumetics Technology (TSXV:OTC) Price-to-Owner-Earnings : (As of Jun. 11, 2024)


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What is Ocumetics Technology Price-to-Owner-Earnings?

As of today (2024-06-11), Ocumetics Technology's share price is C$0.30. Ocumetics Technology 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 Ocumetics Technology's Price-to-Owner-Earnings or its related term are showing as below:


TSXV:OTC's Price-to-Owner-Earnings is not ranked *
in the Medical Devices & Instruments industry.
Industry Median: 31.66
* Ranked among companies with meaningful Price-to-Owner-Earnings only.

As of today (2024-06-11), Ocumetics Technology's share price is C$0.30. Ocumetics Technology's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2024 was C$-0.03. Therefore, Ocumetics Technology's PE Ratio for today is At Loss.

As of today (2024-06-11), Ocumetics Technology's share price is C$0.30. Ocumetics Technology's EPS without NRI for the trailing twelve months (TTM) ended in was C$-0.03. Therefore, Ocumetics Technology's PE Ratio without NRI for today is At Loss.


Ocumetics Technology Price-to-Owner-Earnings Historical Data

The historical data trend for Ocumetics Technology'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.

Ocumetics Technology Price-to-Owner-Earnings Chart

Ocumetics Technology Annual Data
Trend Jul20 Jul21 Dec22 Dec23
Price-to-Owner-Earnings
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Ocumetics Technology Quarterly Data
Jul20 Jul21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Price-to-Owner-Earnings Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Competitive Comparison of Ocumetics Technology's Price-to-Owner-Earnings

For the Medical Instruments & Supplies subindustry, Ocumetics Technology'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.


Ocumetics Technology's Price-to-Owner-Earnings Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Ocumetics Technology's Price-to-Owner-Earnings distribution charts can be found below:

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



Ocumetics Technology 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)."

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

Price-to-Owner-Earnings=Share Price/Owner Earnings per Share (TTM)
=0.30/0.00
=

* 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.


Ocumetics Technology  (TSXV:OTC) Price-to-Owner-Earnings Explanation

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


Ocumetics Technology Price-to-Owner-Earnings Related Terms

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Ocumetics Technology (TSXV:OTC) Business Description

Traded in Other Exchanges
Address
639 - 5th Avenue S.W., Suite 1250, Calgary, AB, CAN, T2P 0M9
Ocumetics Technology Corp is a Canadian-based research and product development company. The company is engaged in developing an accommodating intraocular lens to eliminate the need for corrective lenses, especially for people over 45 years of age.
Executives
Roger Jewett Director, Senior Officer

Ocumetics Technology (TSXV:OTC) Headlines

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