Switch to:
Cincinnati Financial Corp (NAS:CINF)
EV/EBIT
10.65 (As of Today)

EV/EBIT ratio is calculated as enterprise value divided by its Earnings Before Interest and Taxes (EBIT). As of today, Cincinnati Financial Corp's enterprise value is $8,821 Mil. Cincinnati Financial Corp's earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2015 was $828 Mil. Therefore, Cincinnati Financial Corp's EV/EBIT ratio for today is 10.65.

CINF' s 10-Year EV/EBIT Range
Min: 4.9   Max: 35.8
Current: 10.36

4.9
35.8

During the past 13 years, the highest EV/EBIT Ratio of Cincinnati Financial Corp was 35.80. The lowest was 4.90. And the median was 10.20.

CINF's EV/EBITis ranked lower than
66% of the 111 Companies
in the Global Insurance - Property & Casualty industry.

( Industry Median: 8.35 vs. CINF: 10.36 )

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt). Cincinnati Financial Corp's enterprise value for the quarter that ended in Mar. 2015 was $8,963 Mil. Cincinnati Financial Corp's earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2015 was $828 Mil. Cincinnati Financial Corp's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2015 was 9.24%.


Definition

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

EV/EBIT=Enterprise Value (Today)/Earnings Before Interest and Taxes (EBIT) (TTM)
=8821.384/828
=10.65

Cincinnati Financial Corp's current Enterprise Value is $8,821 Mil.
Cincinnati Financial Corp's Earnings Before Interest and Taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2015 was 120 (Jun. 2014 ) + 272 (Sep. 2014 ) + 249 (Dec. 2014 ) + 187 (Mar. 2015 ) = $828 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).

Cincinnati Financial Corp's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2015 is calculated as:

Earnings Yield (Joel Greenblatt) (Q: Mar. 2015 )=EBIT (TTM)/Enterprise Value (Q: Mar. 2015 )
=828/8962.904
=9.24 %

Cincinnati Financial Corp's Enterprise Value for the quarter that ended in Mar. 2015 was $8,963 Mil.
Cincinnati Financial Corp's Earnings Before Interest and Taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2015 was 120 (Jun. 2014 ) + 272 (Sep. 2014 ) + 249 (Dec. 2014 ) + 187 (Mar. 2015 ) = $828 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.

Cincinnati Financial Corp Annual Data

Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14
ev2ebit 9.636.075.707.537.1010.0723.5711.0114.1611.32

Cincinnati Financial Corp Quarterly Data

Dec12Mar13Jun13Sep13Dec13Mar14Jun14Sep14Dec14Mar15
ev2ebit 11.0111.409.589.3514.1612.4413.1911.5211.3210.82
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