GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Afrocentric Investment Corp Ltd (JSE:ACT) » Definitions » Price-to-Owner-Earnings

Afrocentric Investment (JSE:ACT) Price-to-Owner-Earnings : 15.05 (As of May. 18, 2024)


View and export this data going back to 2006. Start your Free Trial

What is Afrocentric Investment Price-to-Owner-Earnings?

As of today (2024-05-18), Afrocentric Investment's share price is R2.86. Afrocentric Investment's Owner Earnings per Share (TTM) ended in Jun. 2023 was R0.19. It's Price-to-Owner-Earnings for today is 15.05.


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

JSE:ACT' s Price-to-Owner-Earnings Range Over the Past 10 Years
Min: 6.13   Med: 13.99   Max: 47.11
Current: 13.26

During the past 13 years, the highest Price-to-Owner-Earnings of Afrocentric Investment was 47.11. The lowest was 6.13. And the median was 13.99.


JSE:ACT's Price-to-Owner-Earnings is ranked better than
68.42% of 266 companies
in the Healthcare Providers & Services industry
Industry Median: 20.8 vs JSE:ACT: 13.26

As of today (2024-05-18), Afrocentric Investment's share price is R2.86. Afrocentric Investment's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023 was R0.29. Therefore, Afrocentric Investment's PE Ratio for today is 9.97.

As of today (2024-05-18), Afrocentric Investment's share price is R2.86. Afrocentric Investment's EPS without NRI for the trailing twelve months (TTM) ended in was R-1.81. Therefore, Afrocentric Investment's PE Ratio without NRI for today is At Loss.

During the past 13 years, Afrocentric Investment's highest PE Ratio without NRI was 23.65. The lowest was 0.00. And the median was 8.88.


Afrocentric Investment Price-to-Owner-Earnings Historical Data

The historical data trend for Afrocentric Investment'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.

Afrocentric Investment Price-to-Owner-Earnings Chart

Afrocentric Investment Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Price-to-Owner-Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 20.37 7.18 11.72 7.35 21.84

Afrocentric Investment Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 - 7.35 - 21.84 -

Competitive Comparison of Afrocentric Investment's Price-to-Owner-Earnings

For the Medical Care Facilities subindustry, Afrocentric Investment'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.


Afrocentric Investment's Price-to-Owner-Earnings Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Afrocentric Investment's Price-to-Owner-Earnings distribution charts can be found below:

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



Afrocentric Investment 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)."

Afrocentric Investment's Price-to-Owner-Earnings for today is calculated as

Price-to-Owner-Earnings=Share Price/Owner Earnings per Share (TTM)
=2.86/0.19
=15.05

* 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.


Afrocentric Investment  (JSE:ACT) Price-to-Owner-Earnings Explanation

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


Afrocentric Investment Price-to-Owner-Earnings Related Terms

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


Afrocentric Investment (JSE:ACT) Business Description

Traded in Other Exchanges
N/A
Address
37 Conrad Road, Florida North, Roodepoort, ZAF, 1709
Afrocentric Investment Corp Ltd is a black-owned investment holding company with an investment portfolio focused on services to the healthcare sector. It seeks to invest in healthcare-related businesses that demonstrate prospects for growth as well as diversify its revenue sources while contributing to the sustainable health and welfare of South African communities. The company provides health administration and health risk management solutions to the healthcare industry. It also provides a range of complementary services to its traditional medical scheme clients and a portfolio of healthcare-related enterprises. These services include information technology solutions, transactional switching, specialized disease management, pharmaceutical wholesaling, amongst others.

Afrocentric Investment (JSE:ACT) Headlines

From GuruFocus

Enact to Host Fourth Quarter 2022 Earnings Call February 7th

By Stock market mentor Stock market mentor 01-06-2023

Enact to Host Second Quarter 2022 Earnings Call August 2nd

By GuruFocusNews GuruFocusNews 07-08-2022

Enact Welcomes Jerome Upton to its Board of Directors

By sperokesalga sperokesalga 03-02-2023

Enact to Host First Quarter 2022 Earnings Call May 4th

By GuruFocusNews GuruFocusNews 04-05-2022

Enact Announces Quarterly Dividend

By PurpleRose PurpleRose 08-11-2022

Enact to Host Fourth Quarter 2022 Earnings Call February 7th

By GlobeNewswire GlobeNewswire 01-06-2023

Enact Announces an Increase to Quarterly Dividend

By sperokesalga sperokesalga 05-01-2023