Switch to:
Allstate Corp (NYSE:ALL)
EV/EBIT
9.69 (As of Today)

EV/EBIT ratio is calculated as enterprise value divided by its Earnings Before Interest and Taxes (EBIT). As of today, Allstate Corp's enterprise value is $27,603 Mil. Allstate Corp's earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2016 was $2,848 Mil. Therefore, Allstate Corp's EV/EBIT ratio for today is 9.69.

ALL' s EV/EBIT Range Over the Past 10 Years
Min: -22.2   Max: 120.3
Current: 9.63

-22.2
120.3

During the past 13 years, the highest EV/EBIT Ratio of Allstate Corp was 120.30. The lowest was -22.20. And the median was 7.60.

ALL's EV/EBIT is ranked lower than
58% of the 119 Companies
in the Global Insurance - Property & Casualty industry.

( Industry Median: 9.33 vs. ALL: 9.63 )

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt). Allstate Corp's enterprise value for the quarter that ended in Mar. 2016 was $28,061 Mil. Allstate Corp's earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2016 was $2,848 Mil. Allstate Corp's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2016 was 10.15%.


Definition

Allstate Corp's EV/EBIT for today is calculated as:

EV/EBIT=Enterprise Value (Today)/Earnings Before Interest and Taxes (EBIT) (TTM)
=27602.590/2848
=9.69

Allstate Corp's current Enterprise Value is $27,603 Mil.
Allstate Corp's Earnings Before Interest and Taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2016 was 599 (Jun. 2015 ) + 1028 (Sep. 2015 ) + 793 (Dec. 2015 ) + 428 (Mar. 2016 ) = $2,848 Mil.

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.


Explanation

This is a more accurate valuation of companies' operation because it consider the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt).

Allstate Corp's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2016 is calculated as:

Earnings Yield (Joel Greenblatt) (Q: Mar. 2016 )=EBIT (TTM)/Enterprise Value (Q: Mar. 2016 )
=2848/28060.75
=10.15 %

Allstate Corp's Enterprise Value for the quarter that ended in Mar. 2016 was $28,061 Mil.
Allstate Corp's Earnings Before Interest and Taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2016 was 599 (Jun. 2015 ) + 1028 (Sep. 2015 ) + 793 (Dec. 2015 ) + 428 (Mar. 2016 ) = $2,848 Mil.

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.


Related Terms

Enterprise Value, Earnings Yield (Joel Greenblatt), Earnings Before Interest and Taxes (EBIT)


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Allstate Corp Annual Data

Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15
ev2ebit 5.614.52-5.2111.2212.7813.266.027.557.267.81

Allstate Corp Quarterly Data

Dec13Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16
ev2ebit 7.557.997.516.417.266.836.786.277.819.85
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
FEEDBACK