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Parexel International Corp (NAS:PRXL)
EV/EBIT
17.74 (As of Today)

EV/EBIT ratio is calculated as enterprise value divided by its Earnings Before Interest and Taxes (EBIT). As of today, Parexel International Corp's enterprise value is $3,892 Mil. Parexel International Corp's earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2015 was $219 Mil. Therefore, Parexel International Corp's EV/EBIT ratio for today is 17.74.

PRXL' s 10-Year EV/EBIT Range
Min: -1612.8   Max: 238
Current: 17.72

-1612.8
238

During the past 13 years, the highest EV/EBIT Ratio of Parexel International Corp was 238.00. The lowest was -1612.80. And the median was 17.60.

PRXL's EV/EBITis ranked higher than
65% of the 89 Companies
in the Global Diagnostics & Research industry.

( Industry Median: 21.73 vs. PRXL: 17.72 )

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt). Parexel International Corp's enterprise value for the quarter that ended in Mar. 2015 was $3,858 Mil. Parexel International Corp's earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2015 was $219 Mil. Parexel International Corp's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2015 was 5.69%.


Definition

Parexel International Corp's EV/EBIT for today is calculated as:

EV/EBIT=Enterprise Value (Today)/Earnings Before Interest and Taxes (EBIT) (TTM)
=3892.463/219.375
=17.74

Parexel International Corp's current Enterprise Value is $3,892 Mil.
Parexel International Corp's Earnings Before Interest and Taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2015 was 58.782 (Jun. 2014 ) + 53.58 (Sep. 2014 ) + 52.784 (Dec. 2014 ) + 54.229 (Mar. 2015 ) = $219 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).

Parexel International Corp's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2015 is calculated as:

Earnings Yield (Joel Greenblatt) (Q: Mar. 2015 )=EBIT (TTM)/Enterprise Value (Q: Mar. 2015 )
=219.375/3857.6914
=5.69 %

Parexel International Corp's Enterprise Value for the quarter that ended in Mar. 2015 was $3,858 Mil.
Parexel International Corp's Earnings Before Interest and Taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2015 was 58.782 (Jun. 2014 ) + 53.58 (Sep. 2014 ) + 52.784 (Dec. 2014 ) + 54.229 (Mar. 2015 ) = $219 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.

Parexel International Corp Annual Data

Jun05Jun06Jun07Jun08Jun09Jun10Jun11Jun12Jun13Jun14
ev2ebit 82.7514.2115.4114.4012.2117.5020.4518.4720.2714.79

Parexel International Corp Quarterly Data

Dec12Mar13Jun13Sep13Dec13Mar14Jun14Sep14Dec14Mar15
ev2ebit 15.8318.8520.2720.4516.0517.1714.7916.8314.2717.58
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