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SandRidge Permian Trust (NYSE:PER)
EV/EBIT
5.39 (As of Today)

EV/EBIT ratio is calculated as enterprise value divided by its EBIT. As of today, SandRidge Permian Trust's enterprise value is $669.6 Mil. SandRidge Permian Trust's operating income for the trailing twelve months (TTM) ended in Mar. 2014 was $122.9 Mil. Therefore, SandRidge Permian Trust's EV/EBIT ratio for today is 5.39.

PER' s 10-Year EV/EBIT Range
Min: 5.1   Max: 26.7
Current: 5.39

5.1
26.7

During the past 6 years, the highest EV/EBIT Ratio of SandRidge Permian Trust was 26.70. The lowest was 5.10. And the median was 6.50.

PER's EV/EBITis ranked higher than
98% of the 1131 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: 1570.29 vs. PER: 5.39 )

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt). SandRidge Permian Trust's enterprise value for the quarter that ended in Mar. 2014 was $628.0 Mil. SandRidge Permian Trust's Operating Income for the trailing twelve months (TTM) ended in Mar. 2014 was $122.9 Mil. SandRidge Permian Trust's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2014 was 19.57%.


Definition

SandRidge Permian Trust's EV/EBIT for today is calculated as:

EV/EBIT=Enterprise Value (Today)/Operating Income (TTM)
=669.617/122.877
=5.45

SandRidge Permian Trust's current Enterprise Value is $669.6 Mil.
SandRidge Permian Trust's Operating Income for the trailing twelve months (TTM) ended in Mar. 2014 was 24.513 (Jun. 2013 ) + 30.718 (Sep. 2013 ) + 33.448 (Dec. 2013 ) + 34.198 (Mar. 2014 ) = $122.9 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).

SandRidge Permian Trust's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2014 is calculated as:

Earnings Yield (Joel Greenblatt) (Q: Mar. 2014 )=Operating Income (TTM)/Enterprise Value (Q: Mar. 2014 )
=122.877/628.042
=19.57 %

SandRidge Permian Trust's Enterprise Value for the quarter that ended in Mar. 2014 was $628.0 Mil.
SandRidge Permian Trust's Operating Income for the trailing twelve months (TTM) ended in Mar. 2014 was 24.513 (Jun. 2013 ) + 30.718 (Sep. 2013 ) + 33.448 (Dec. 2013 ) + 34.198 (Mar. 2014 ) = $122.9 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.

SandRidge Permian Trust Annual Data

Dec08Dec09Dec10Dec11Dec12Dec13
ev2ebit 0.000.000.000.000.000.000.000.007.255.12

SandRidge Permian Trust Quarterly Data

Mar11Mar12Jun12Sep12Dec12Mar13Jun13Sep13Dec13Mar14
ev2ebit 0.000.0017.9711.457.256.096.476.235.125.11
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