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Premier Exhibitions Inc (NAS:PRXI)
EV/EBIT
-7.84 (As of Today)

EV/EBIT ratio is calculated as enterprise value divided by its EBIT. As of today, Premier Exhibitions Inc's enterprise value is $39.32 Mil. Premier Exhibitions Inc's operating income for the trailing twelve months (TTM) ended in Aug. 2014 was $-5.02 Mil. Therefore, Premier Exhibitions Inc's EV/EBIT ratio for today is -7.84.

PRXI' s 10-Year EV/EBIT Range
Min: -389.3   Max: 1717.4
Current: -7.84

-389.3
1717.4

During the past 13 years, the highest EV/EBIT Ratio of Premier Exhibitions Inc was 1717.40. The lowest was -389.30. And the median was -2.80.

PRXI's EV/EBITis ranked higher than
57% of the 935 Companies
in the Global Leisure industry.

( Industry Median: 21.20 vs. PRXI: -7.84 )

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt). Premier Exhibitions Inc's enterprise value for the quarter that ended in Aug. 2014 was $34.94 Mil. Premier Exhibitions Inc's Operating Income for the trailing twelve months (TTM) ended in Aug. 2014 was $-5.02 Mil. Premier Exhibitions Inc's Earnings Yield (Joel Greenblatt) for the quarter that ended in Aug. 2014 was -14.35%.


Definition

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

EV/EBIT=Enterprise Value (Today)/Operating Income (TTM)
=39.319/-5.015
=-7.84

Premier Exhibitions Inc's current Enterprise Value is $39.32 Mil.
Premier Exhibitions Inc's Operating Income for the trailing twelve months (TTM) ended in Aug. 2014 was -0.356 (Nov. 2013 ) + -1.444 (Feb. 2014 ) + -1.358 (May. 2014 ) + -1.857 (Aug. 2014 ) = $-5.02 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).

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

Earnings Yield (Joel Greenblatt) (Q: Aug. 2014 )=Operating Income (TTM)/Enterprise Value (Q: Aug. 2014 )
=-5.015/34.936
=-14.35 %

Premier Exhibitions Inc's Enterprise Value for the quarter that ended in Aug. 2014 was $34.94 Mil.
Premier Exhibitions Inc's Operating Income for the trailing twelve months (TTM) ended in Aug. 2014 was -0.356 (Nov. 2013 ) + -1.444 (Feb. 2014 ) + -1.358 (May. 2014 ) + -1.857 (Aug. 2014 ) = $-5.02 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.

Premier Exhibitions Inc Annual Data

Feb05Feb06Feb07Feb08Feb09Feb10Feb11Feb12Feb13Feb14
ev2ebit -10.4638.0224.777.04-1.25-2.25-5.98-19.8542.89-57.98

Premier Exhibitions Inc Quarterly Data

May12Aug12Nov12Feb13May13Aug13Nov13Feb14May14Aug14
ev2ebit -21.84-313.37120.8342.8939.77-107.50-142.79-57.98-13.35-6.97
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