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Lloyds Banking Group PLC (NYSE:LYG)
EV/EBIT
114.71 (As of Today)

EV/EBIT ratio is calculated as enterprise value divided by its Earnings Before Interest and Taxes (EBIT). As of today, Lloyds Banking Group PLC's enterprise value is $134,316 Mil. Lloyds Banking Group PLC's earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2015 was $1,171 Mil. Therefore, Lloyds Banking Group PLC's EV/EBIT ratio for today is 114.71.

LYG' s 10-Year EV/EBIT Range
Min: -261.9   Max: 419.4
Current: 109.3

-261.9
419.4

During the past 13 years, the highest EV/EBIT Ratio of Lloyds Banking Group PLC was 419.40. The lowest was -261.90. And the median was 24.80.

LYG's EV/EBITis ranked lower than
97% of the 1297 Companies
in the Global Banks - Regional - Europe industry.

( Industry Median: 13.56 vs. LYG: 109.30 )

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt). Lloyds Banking Group PLC's enterprise value for the quarter that ended in Jun. 2015 was $149,931 Mil. Lloyds Banking Group PLC's earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2015 was $1,171 Mil. Lloyds Banking Group PLC's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jun. 2015 was 0.78%.


Definition

Lloyds Banking Group PLC's EV/EBIT for today is calculated as:

EV/EBIT=Enterprise Value (Today)/Earnings Before Interest and Taxes (EBIT) (TTM)
=134315.974/1170.89600501
=114.71

Lloyds Banking Group PLC's current Enterprise Value is $134,316 Mil.
Lloyds Banking Group PLC's Earnings Before Interest and Taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2015 was -355.048859935 (Sep. 2014 ) + 680.751173709 (Dec. 2014 ) + 1606.87593423 (Mar. 2015 ) + -761.682242991 (Jun. 2015 ) = $1,171 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).

Lloyds Banking Group PLC's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jun. 2015 is calculated as:

Earnings Yield (Joel Greenblatt) (Q: Jun. 2015 )=EBIT (TTM)/Enterprise Value (Q: Jun. 2015 )
=1170.89600501/149930.740942
=0.78 %

Lloyds Banking Group PLC's Enterprise Value for the quarter that ended in Jun. 2015 was $149,931 Mil.
Lloyds Banking Group PLC's Earnings Before Interest and Taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2015 was -355.048859935 (Sep. 2014 ) + 680.751173709 (Dec. 2014 ) + 1606.87593423 (Mar. 2015 ) + -761.682242991 (Jun. 2015 ) = $1,171 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.

Lloyds Banking Group PLC Annual Data

Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14
ev2ebit 82.7496.6976.9416.729.40-14.9722.9133.2171.3396.33

Lloyds Banking Group PLC Quarterly Data

Mar13Jun13Sep13Dec13Mar14Jun14Sep14Dec14Mar15Jun15
ev2ebit -26.1128.2629.5571.33-86.21-251.7163.8996.33101.54118.11
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