Switch to:
More than 500,000 people have already joined GuruFocus to track the stocks they follow and exchange investment ideas.
Primus Guaranty Ltd (OTCPK:PRSG)
EV-to-EBIT
0.00 (As of Today)

EV/EBIT ratio is calculated as enterprise value divided by its Earnings Before Interest and Taxes (EBIT). As of today, Primus Guaranty Ltd's enterprise value is \$0.00 Mil. Primus Guaranty Ltd's earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2011 was \$-43.71 Mil. Therefore, Primus Guaranty Ltd's EV/EBIT ratio for today is 0.00.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt). Primus Guaranty Ltd's enterprise value for the quarter that ended in Dec. 2011 was \$345.95 Mil. Primus Guaranty Ltd's earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2011 was \$-43.71 Mil. Primus Guaranty Ltd's Earnings Yield (Joel Greenblatt) for the quarter that ended in Dec. 2011 was -12.63%.

Definition

Primus Guaranty Ltd's EV/EBIT for today is calculated as:

 EV/EBIT = Enterprise Value (Today) / Earnings Before Interest and Taxes (EBIT) (TTM) = 0.000 / -43.709 = 0.00

Primus Guaranty Ltd's current Enterprise Value is \$0.00 Mil.
Primus Guaranty Ltd's Earnings Before Interest and Taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2011 was 80.112 (Mar. 2011 ) + 59.032 (Jun. 2011 ) + -283.342 (Sep. 2011 ) + 100.489 (Dec. 2011 ) = \$-43.71 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).

Primus Guaranty Ltd's Earnings Yield (Joel Greenblatt) for the quarter that ended in Dec. 2011 is calculated as:

 Earnings Yield (Joel Greenblatt) (Q: Dec. 2011 ) = EBIT (TTM) / Enterprise Value (Q: Dec. 2011 ) = -43.709 / 345.949 = -12.63 %

Primus Guaranty Ltd's Enterprise Value for the quarter that ended in Dec. 2011 was \$345.95 Mil.
Primus Guaranty Ltd's Earnings Before Interest and Taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2011 was 80.112 (Mar. 2011 ) + 59.032 (Jun. 2011 ) + -283.342 (Sep. 2011 ) + 100.489 (Dec. 2011 ) = \$-43.71 Mil.

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

Related Terms

Historical Data

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

Primus Guaranty Ltd Annual Data

 Dec02 Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 ev2ebit 0.00 0.00 21.41 111.11 8.21 -0.89 -0.11 0.25 1.65 -9.13

Primus Guaranty Ltd Quarterly Data

 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 ev2ebit 1.65 0.25 1.70 4.24 7.53 1.65 2.65 0.77 11.33 0.00
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to \$400 per referral. ( Learn More)