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HDFC Bank Ltd (NYSE:HDB)
EV/EBIT
13.48 (As of Today)

EV/EBIT ratio is calculated as enterprise value divided by its EBIT. As of today, HDFC Bank Ltd's enterprise value is $21,923 Mil. HDFC Bank Ltd's operating income for the trailing twelve months (TTM) ended in Dec. 2013 was $1,638 Mil. Therefore, HDFC Bank Ltd's EV/EBIT ratio for today is 13.48.

HDB' s 10-Year EV/EBIT Range
Min: 4.4   Max: 161.9
Current: 13.48

4.4
161.9

During the past 13 years, the highest EV/EBIT Ratio of HDFC Bank Ltd was 161.90. The lowest was 4.40. And the median was 31.00.

HDB's EV/EBITis ranked higher than
79% of the 1833 Companies
in the Global Banks - Regional - Asia industry.

( Industry Median: 18.36 vs. HDB: 13.48 )

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt). HDFC Bank Ltd's enterprise value for the quarter that ended in Dec. 2013 was $11,035 Mil. HDFC Bank Ltd's Operating Income for the trailing twelve months (TTM) ended in Dec. 2013 was $1,638 Mil. HDFC Bank Ltd's Earnings Yield (Joel Greenblatt) for the quarter that ended in Dec. 2013 was 14.84%.


Definition

HDFC Bank Ltd's EV/EBIT for today is calculated as:

EV/EBIT=Enterprise Value (Today)/Operating Income (TTM)
=21922.864/1638.08215813
=13.38

HDFC Bank Ltd's current Enterprise Value is $21,923 Mil.
HDFC Bank Ltd's Operating Income for the trailing twelve months (TTM) ended in Dec. 2013 was 134.853839923 (Mar. 2013 ) + 553.222000971 (Jun. 2013 ) + 323.984676817 (Sep. 2013 ) + 626.021640421 (Dec. 2013 ) = $1,638 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).

HDFC Bank Ltd's Earnings Yield (Joel Greenblatt) for the quarter that ended in Dec. 2013 is calculated as:

Earnings Yield (Joel Greenblatt) (Q: Dec. 2013 )=Operating Income (TTM)/Enterprise Value (Q: Dec. 2013 )
=1638.08215813/11034.5559935
=14.85 %

HDFC Bank Ltd's Enterprise Value for the quarter that ended in Dec. 2013 was $11,035 Mil.
HDFC Bank Ltd's Operating Income for the trailing twelve months (TTM) ended in Dec. 2013 was 134.853839923 (Mar. 2013 ) + 553.222000971 (Jun. 2013 ) + 323.984676817 (Sep. 2013 ) + 626.021640421 (Dec. 2013 ) = $1,638 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.

HDFC Bank Ltd Annual Data

Mar05Mar06Mar07Mar08Mar09Mar10Mar11Mar12Mar13Mar14
ev2ebit 138.04146.65184.03227.4627.8022.9418.5817.6618.370.00

HDFC Bank Ltd Quarterly Data

Dec11Mar12Jun12Sep12Dec12Mar13Jun13Sep13Dec13Mar14
ev2ebit 14.2617.6617.4217.949.0618.377.7116.106.740.00
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