Switch to:
Ashland Inc (NYSE:ASH)
EV/EBIT
39.16 (As of Today)

EV/EBIT ratio is calculated as enterprise value divided by its Earnings Before Interest and Taxes (EBIT). As of today, Ashland Inc's enterprise value is $10,260 Mil. Ashland Inc's earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2015 was $262 Mil. Therefore, Ashland Inc's EV/EBIT ratio for today is 39.16.

ASH' s 10-Year EV/EBIT Range
Min: -0.9   Max: 258.7
Current: 39.16

-0.9
258.7

During the past 13 years, the highest EV/EBIT Ratio of Ashland Inc was 258.70. The lowest was -0.90. And the median was 13.90.

ASH's EV/EBITis ranked lower than
79% of the 782 Companies
in the Global Chemicals industry.

( Industry Median: 15.74 vs. ASH: 39.16 )

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt). Ashland Inc's enterprise value for the quarter that ended in Jun. 2015 was $10,828 Mil. Ashland Inc's earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2015 was $262 Mil. Ashland Inc's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jun. 2015 was 2.42%.


Definition

Ashland Inc's EV/EBIT for today is calculated as:

EV/EBIT=Enterprise Value (Today)/Earnings Before Interest and Taxes (EBIT) (TTM)
=10259.719/262
=39.16

Ashland Inc's current Enterprise Value is $10,260 Mil.
Ashland Inc's Earnings Before Interest and Taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2015 was -178 (Sep. 2014 ) + 84 (Dec. 2014 ) + 160 (Mar. 2015 ) + 196 (Jun. 2015 ) = $262 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).

Ashland Inc's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jun. 2015 is calculated as:

Earnings Yield (Joel Greenblatt) (Q: Jun. 2015 )=EBIT (TTM)/Enterprise Value (Q: Jun. 2015 )
=262/10827.878
=2.42 %

Ashland Inc's Enterprise Value for the quarter that ended in Jun. 2015 was $10,828 Mil.
Ashland Inc's Earnings Before Interest and Taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2015 was -178 (Sep. 2014 ) + 84 (Dec. 2014 ) + 160 (Mar. 2015 ) + 196 (Jun. 2015 ) = $262 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.

Ashland Inc Annual Data

Sep05Sep06Sep07Sep08Sep09Sep10Sep11Sep12Sep13Sep14
ev2ebit 1.4711.7610.334.8015.6917.1949.5336.819.55199.43

Ashland Inc Quarterly Data

Mar13Jun13Sep13Dec13Mar14Jun14Sep14Dec14Mar15Jun15
ev2ebit 31.8353.409.5510.2713.7615.14199.43-606.6852.8041.33
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)

GuruFocus Premium Plus Membership

FEEDBACK