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PPG Industries Inc (NYSE:PPG)
EV/EBIT
17.77 (As of Today)

EV/EBIT ratio is calculated as enterprise value divided by its Earnings Before Interest and Taxes (EBIT). As of today, PPG Industries Inc's enterprise value is $28,836 Mil. PPG Industries Inc's earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2015 was $1,623 Mil. Therefore, PPG Industries Inc's EV/EBIT ratio for today is 17.77.

PPG' s EV/EBIT Range Over the Past 10 Years
Min: 7   Max: 23
Current: 17.39

7
23

During the past 13 years, the highest EV/EBIT Ratio of PPG Industries Inc was 23.00. The lowest was 7.00. And the median was 12.20.

PPG's EV/EBIT is ranked lower than
60% of the 843 Companies
in the Global Specialty Chemicals industry.

( Industry Median: 13.56 vs. PPG: 17.39 )

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt). PPG Industries Inc's enterprise value for the quarter that ended in Sep. 2015 was $26,835 Mil. PPG Industries Inc's earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2015 was $1,623 Mil. PPG Industries Inc's Earnings Yield (Joel Greenblatt) for the quarter that ended in Sep. 2015 was 6.05%.


Definition

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

EV/EBIT=Enterprise Value (Today)/Earnings Before Interest and Taxes (EBIT) (TTM)
=28835.886/1623
=17.77

PPG Industries Inc's current Enterprise Value is $28,836 Mil.
PPG Industries Inc's Earnings Before Interest and Taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2015 was 66 (Dec. 2014 ) + 459 (Mar. 2015 ) + 486 (Jun. 2015 ) + 612 (Sep. 2015 ) = $1,623 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).

PPG Industries Inc's Earnings Yield (Joel Greenblatt) for the quarter that ended in Sep. 2015 is calculated as:

Earnings Yield (Joel Greenblatt) (Q: Sep. 2015 )=EBIT (TTM)/Enterprise Value (Q: Sep. 2015 )
=1623/26835.2863
=6.05 %

PPG Industries Inc's Enterprise Value for the quarter that ended in Sep. 2015 was $26,835 Mil.
PPG Industries Inc's Earnings Before Interest and Taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2015 was 66 (Dec. 2014 ) + 459 (Mar. 2015 ) + 486 (Jun. 2015 ) + 612 (Sep. 2015 ) = $1,623 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.

PPG Industries Inc Annual Data

Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15
ev2ebit 10.489.918.6315.0010.638.3517.8919.8521.430.00

PPG Industries Inc Quarterly Data

Sep13Dec13Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15
ev2ebit 20.6019.8517.5817.8914.4121.4320.8222.1416.530.00
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