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

EV/EBIT ratio is calculated as enterprise value divided by its EBIT. As of today, Pfizer Inc's enterprise value is $187,302 Mil. Pfizer Inc's operating income for the trailing twelve months (TTM) ended in Jun. 2014 was $13,484 Mil. Therefore, Pfizer Inc's EV/EBIT ratio for today is 13.89.

PFE' s 10-Year EV/EBIT Range
Min: 7.9   Max: 69.7
Current: 13.89

7.9
69.7

During the past 13 years, the highest EV/EBIT Ratio of Pfizer Inc was 69.70. The lowest was 7.90. And the median was 14.80.

PFE's EV/EBITis ranked higher than
90% of the 836 Companies
in the Global Drug Manufacturers - Major industry.

( Industry Median: 30.17 vs. PFE: 13.89 )

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt). Pfizer Inc's enterprise value for the quarter that ended in Jun. 2014 was $193,385 Mil. Pfizer Inc's Operating Income for the trailing twelve months (TTM) ended in Jun. 2014 was $13,484 Mil. Pfizer Inc's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jun. 2014 was 6.97%.


Definition

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

EV/EBIT=Enterprise Value (Today)/Operating Income (TTM)
=187301.800/13484
=13.89

Pfizer Inc's current Enterprise Value is $187,302 Mil.
Pfizer Inc's Operating Income for the trailing twelve months (TTM) ended in Jun. 2014 was 3573 (Sep. 2013 ) + 3061 (Dec. 2013 ) + 2847 (Mar. 2014 ) + 4003 (Jun. 2014 ) = $13,484 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).

Pfizer Inc's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jun. 2014 is calculated as:

Earnings Yield (Joel Greenblatt) (Q: Jun. 2014 )=Operating Income (TTM)/Enterprise Value (Q: Jun. 2014 )
=13484/193384.6224
=6.97 %

Pfizer Inc's Enterprise Value for the quarter that ended in Jun. 2014 was $193,385 Mil.
Pfizer Inc's Operating Income for the trailing twelve months (TTM) ended in Jun. 2014 was 3573 (Sep. 2013 ) + 3061 (Dec. 2013 ) + 2847 (Mar. 2014 ) + 4003 (Jun. 2014 ) = $13,484 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.

Pfizer Inc Annual Data

Dec04Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13
ev2ebit 14.1814.7713.9519.0311.6815.6016.5614.2613.5812.91

Pfizer Inc Quarterly Data

Mar12Jun12Sep12Dec12Mar13Jun13Sep13Dec13Mar14Jun14
ev2ebit 14.8413.9516.6613.5815.8114.4813.1312.9114.0514.34
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