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Plains All American Pipeline LP (NYSE:PAA)
EV/EBIT
17.98 (As of Today)

EV/EBIT ratio is calculated as enterprise value divided by its Earnings Before Interest and Taxes (EBIT). As of today, Plains All American Pipeline LP's enterprise value is $24,272 Mil. Plains All American Pipeline LP's earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2016 was $1,350 Mil. Therefore, Plains All American Pipeline LP's EV/EBIT ratio for today is 17.98.

PAA' s EV/EBIT Range Over the Past 10 Years
Min: 6.5   Max: 24.8
Current: 17.98

6.5
24.8

During the past 13 years, the highest EV/EBIT Ratio of Plains All American Pipeline LP was 24.80. The lowest was 6.50. And the median was 15.80.

PAA's EV/EBIT is ranked higher than
67% of the 81 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 20.70 vs. PAA: 17.98 )

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt). Plains All American Pipeline LP's enterprise value for the quarter that ended in Sep. 2016 was $23,864 Mil. Plains All American Pipeline LP's earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2016 was $1,350 Mil. Plains All American Pipeline LP's Earnings Yield (Joel Greenblatt) for the quarter that ended in Sep. 2016 was 5.66%.


Definition

Plains All American Pipeline LP's EV/EBIT for today is calculated as:

EV/EBIT=Enterprise Value (Today)/Earnings Before Interest and Taxes (EBIT) (TTM)
=24272.210/1350
=17.98

Plains All American Pipeline LP's current Enterprise Value is $24,272 Mil.
Plains All American Pipeline LP's Earnings Before Interest and Taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2016 was 393 (Dec. 2015 ) + 334 (Mar. 2016 ) + 211 (Jun. 2016 ) + 412 (Sep. 2016 ) = $1,350 Mil.

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's 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).

Plains All American Pipeline LP's Earnings Yield (Joel Greenblatt) for the quarter that ended in Sep. 2016 is calculated as:

Earnings Yield (Joel Greenblatt) (Q: Sep. 2016 )=EBIT (TTM)/Enterprise Value (Q: Sep. 2016 )
=1350/23863.7351
=5.66 %

Plains All American Pipeline LP's Enterprise Value for the quarter that ended in Sep. 2016 was $23,864 Mil.
Plains All American Pipeline LP's Earnings Before Interest and Taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2016 was 393 (Dec. 2015 ) + 334 (Mar. 2016 ) + 211 (Jun. 2016 ) + 412 (Sep. 2016 ) = $1,350 Mil.

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's 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 local exchange's currency.

Plains All American Pipeline LP Annual Data

Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15
ev2ebit 25.4017.6713.3415.3719.7113.2515.7114.6615.1714.32

Plains All American Pipeline LP Quarterly Data

Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16
ev2ebit 18.4017.3415.1715.7316.4014.0714.3213.3416.5517.68
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