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Clorox Co (NYSE:CLX)
EV/EBIT
15.94 (As of Today)

EV/EBIT ratio is calculated as enterprise value divided by its EBIT. As of today, Clorox Co's enterprise value is $15,577 Mil. Clorox Co's operating income for the trailing twelve months (TTM) ended in Sep. 2014 was $977 Mil. Therefore, Clorox Co's EV/EBIT ratio for today is 15.94.

CLX' s 10-Year EV/EBIT Range
Min: 10.2   Max: 18.7
Current: 15.88

10.2
18.7

During the past 13 years, the highest EV/EBIT Ratio of Clorox Co was 18.70. The lowest was 10.20. And the median was 13.90.

CLX's EV/EBITis ranked higher than
77% of the 1817 Companies
in the Global Household & Personal Products industry.

( Industry Median: 19.09 vs. CLX: 15.88 )

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt). Clorox Co's enterprise value for the quarter that ended in Sep. 2014 was $14,323 Mil. Clorox Co's Operating Income for the trailing twelve months (TTM) ended in Sep. 2014 was $977 Mil. Clorox Co's Earnings Yield (Joel Greenblatt) for the quarter that ended in Sep. 2014 was 6.82%.


Definition

Clorox Co's EV/EBIT for today is calculated as:

EV/EBIT=Enterprise Value (Today)/Operating Income (TTM)
=15576.500/977
=15.94

Clorox Co's current Enterprise Value is $15,577 Mil.
Clorox Co's Operating Income for the trailing twelve months (TTM) ended in Sep. 2014 was 203 (Dec. 2013 ) + 249 (Mar. 2014 ) + 278 (Jun. 2014 ) + 247 (Sep. 2014 ) = $977 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).

Clorox Co's Earnings Yield (Joel Greenblatt) for the quarter that ended in Sep. 2014 is calculated as:

Earnings Yield (Joel Greenblatt) (Q: Sep. 2014 )=Operating Income (TTM)/Enterprise Value (Q: Sep. 2014 )
=977/14323.4499
=6.82 %

Clorox Co's Enterprise Value for the quarter that ended in Sep. 2014 was $14,323 Mil.
Clorox Co's Operating Income for the trailing twelve months (TTM) ended in Sep. 2014 was 203 (Dec. 2013 ) + 249 (Mar. 2014 ) + 278 (Jun. 2014 ) + 247 (Sep. 2014 ) = $977 Mil.

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


Related Terms

Enterprise Value, Operating Income, Earnings Yield (Joel Greenblatt)


Historical Data

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

Clorox Co Annual Data

Jun05Jun06Jun07Jun08Jun09Jun10Jun11Jun12Jun13Jun14
ev2ebit 13.3515.1212.2312.2810.7310.4116.9413.1113.2414.24

Clorox Co Quarterly Data

Jun12Sep12Dec12Mar13Jun13Sep13Dec13Mar14Jun14Sep14
ev2ebit 13.1112.7612.3914.3613.2412.8814.5813.6314.2414.66
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