Earnings Per Share breakdown for TongyangEarnings per Share (EPS) denotes the portion of a company's earnings that is allocated to each share of common stock. To calculate Earnings per Share investors will need to take a company's net income, subtract any dividends for preferred stock, and divide it by the number of average outstanding shares. EPS is usually presented in two different ways: basic and diluted. Fully diluted Earnings per Share takes into account effects of warrants, options, and convertible securities and is generally viewed by analysts as a more accurate measure.
Earnings per Share is one of the most important measures of current share price of a firm, and is used by investors to determine company overall profitability especially when it is compared to EPS of similar companies.Compare Tongyang to competition
According to company disclosure Tongyang Value Ocean Special Purpose Acquisition Company has Earnings Per Share of 234 times. This is much higher than that of sector, and significantly higher than that of Earnings Per Share industry, The Earnings Per Share for all stocks is over 1000% lower than the firm.
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Earnings Per Share ComparisonTongyang is currently under evaluation in earnings per share category among related companies.
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