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Pfizer Inc (NYSE:PFE)
EV/EBIT
26.29 (As of Today)

EV/EBIT ratio is calculated as enterprise value divided by its Earnings Before Interest and Taxes (EBIT). As of today, Pfizer Inc's enterprise value is $222,025 Mil. Pfizer Inc's earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2016 was $8,445 Mil. Therefore, Pfizer Inc's EV/EBIT ratio for today is 26.29.

PFE' s EV/EBIT Range Over the Past 10 Years
Min: 6.7   Max: 28.8
Current: 26.29

6.7
28.8

During the past 13 years, the highest EV/EBIT Ratio of Pfizer Inc was 28.80. The lowest was 6.70. And the median was 14.40.

PFE's EV/EBIT is ranked lower than
62% of the 535 Companies
in the Global Drug Manufacturers - Major industry.

( Industry Median: 21.07 vs. PFE: 26.29 )

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt). Pfizer Inc's enterprise value for the quarter that ended in Sep. 2016 was $235,462 Mil. Pfizer Inc's earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2016 was $8,445 Mil. Pfizer Inc's Earnings Yield (Joel Greenblatt) for the quarter that ended in Sep. 2016 was 3.59%.


Definition

Pfizer Inc's EV/EBIT for today is calculated as:

EV/EBIT=Enterprise Value (Today)/Earnings Before Interest and Taxes (EBIT) (TTM)
=222025.021/8445
=26.29

Pfizer Inc's current Enterprise Value is $222,025 Mil.
Pfizer Inc's Earnings Before Interest and Taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2016 was -19 (Dec. 2015 ) + 3867 (Mar. 2016 ) + 2702 (Jun. 2016 ) + 1895 (Sep. 2016 ) = $8,445 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).

Pfizer Inc'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 )
=8445/235461.5655
=3.59 %

Pfizer Inc's Enterprise Value for the quarter that ended in Sep. 2016 was $235,462 Mil.
Pfizer Inc's Earnings Before Interest and Taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2016 was -19 (Dec. 2015 ) + 3867 (Mar. 2016 ) + 2702 (Jun. 2016 ) + 1895 (Sep. 2016 ) = $8,445 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.

Pfizer Inc Annual Data

Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15
ev2ebit 12.2114.6311.6814.4913.9213.4514.4411.2215.2221.18

Pfizer Inc Quarterly Data

Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16
ev2ebit 12.9812.5515.2216.4515.9217.2021.1819.1524.8927.88
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