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Ashland Global Holdings Inc (NYSE:ASH)
EV/EBIT
27.65 (As of Today)

EV/EBIT ratio is calculated as enterprise value divided by its Earnings Before Interest and Taxes (EBIT). As of today, Ashland Global Holdings Inc's enterprise value is $9,013 Mil. Ashland Global Holdings Inc's earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2016 was $326 Mil. Therefore, Ashland Global Holdings Inc's EV/EBIT ratio for today is 27.65.

ASH' s EV/EBIT Range Over the Past 10 Years
Min: -644.3   Max: 233.7
Current: 26.91

-644.3
233.7

During the past 13 years, the highest EV/EBIT Ratio of Ashland Global Holdings Inc was 233.70. The lowest was -644.30. And the median was 18.30.

ASH's EV/EBIT is ranked lower than
73% of the 881 Companies
in the Global Chemicals industry.

( Industry Median: 14.72 vs. ASH: 26.91 )

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt). Ashland Global Holdings Inc's enterprise value for the quarter that ended in Sep. 2016 was $9,063 Mil. Ashland Global Holdings Inc's earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2016 was $326 Mil. Ashland Global Holdings Inc's Earnings Yield (Joel Greenblatt) for the quarter that ended in Sep. 2016 was 3.60%.


Definition

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

EV/EBIT=Enterprise Value (Today)/Earnings Before Interest and Taxes (EBIT) (TTM)
=9013.374/326
=27.65

Ashland Global Holdings Inc's current Enterprise Value is $9,013 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Ashland Global Holdings Inc's Earnings Before Interest and Taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2016 was $326 Mil.

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's 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 Global Holdings Inc's Earnings Yield (Joel Greenblatt) for the quarter that ended in Sep. 2016 is calculated as:

Earnings Yield (Joel Greenblatt) (Q: Sep. 2016 )=EBIT (TTM)/Enterprise Value (Q: Sep. 2016 )
=326/9062.9
=3.60 %

Ashland Global Holdings Inc's Enterprise Value for the quarter that ended in Sep. 2016 was $9,063 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Ashland Global Holdings Inc's Earnings Before Interest and Taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2016 was $326 Mil.

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's 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 local exchange's currency.

Ashland Global Holdings Inc Annual Data

Sep07Sep08Sep09Sep10Sep11Sep12Sep13Sep14Sep15Sep16
ev2ebit 10.334.8015.6917.1949.5341.949.55198.7642.6627.63

Ashland Global Holdings Inc Semi-Annual Data

Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16
ev2ebit 15.14198.76-606.0552.8041.3342.6633.1835.9039.8227.63
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