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JPMorgan Chase & Co (NYSE:JPM)
EV/EBIT
5.50 (As of Today)

EV/EBIT ratio is calculated as enterprise value divided by its EBIT. As of today, JPMorgan Chase & Co's enterprise value is $170,626 Mil. JPMorgan Chase & Co's operating income for the trailing twelve months (TTM) ended in Sep. 2014 was $31,029 Mil. Therefore, JPMorgan Chase & Co's EV/EBIT ratio for today is 5.50.

JPM' s 10-Year EV/EBIT Range
Min: 5   Max: 204.4
Current: 5.47

5
204.4

During the past 13 years, the highest EV/EBIT Ratio of JPMorgan Chase & Co was 204.40. The lowest was 5.00. And the median was 16.05.

JPM's EV/EBITis ranked higher than
95% of the 2636 Companies
in the Global Banks - Global industry.

( Industry Median: 19.47 vs. JPM: 5.47 )

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt). JPMorgan Chase & Co's enterprise value for the quarter that ended in Sep. 2014 was $166,141 Mil. JPMorgan Chase & Co's Operating Income for the trailing twelve months (TTM) ended in Sep. 2014 was $31,029 Mil. JPMorgan Chase & Co's Earnings Yield (Joel Greenblatt) for the quarter that ended in Sep. 2014 was 18.68%.


Definition

JPMorgan Chase & Co's EV/EBIT for today is calculated as:

EV/EBIT=Enterprise Value (Today)/Operating Income (TTM)
=170626.200/31029
=5.50

JPMorgan Chase & Co's current Enterprise Value is $170,626 Mil.
JPMorgan Chase & Co's Operating Income for the trailing twelve months (TTM) ended in Sep. 2014 was 7500 (Dec. 2013 ) + 7507 (Mar. 2014 ) + 8331 (Jun. 2014 ) + 7691 (Sep. 2014 ) = $31,029 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).

JPMorgan Chase & 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 )
=31029/166140.5656
=18.68 %

JPMorgan Chase & Co's Enterprise Value for the quarter that ended in Sep. 2014 was $166,141 Mil.
JPMorgan Chase & Co's Operating Income for the trailing twelve months (TTM) ended in Sep. 2014 was 7500 (Dec. 2013 ) + 7507 (Mar. 2014 ) + 8331 (Jun. 2014 ) + 7691 (Sep. 2014 ) = $31,029 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.

JPMorgan Chase & Co Annual Data

Dec04Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13
ev2ebit 44.0421.5015.6316.95105.7024.3418.7011.0911.228.83

JPMorgan Chase & Co Quarterly Data

Jun12Sep12Dec12Mar13Jun13Sep13Dec13Mar14Jun14Sep14
ev2ebit 11.1111.0211.227.776.705.958.838.767.805.35
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