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Parexel International Corp (NAS:PRXL)
EV/EBIT
15.26 (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 $3,690 Mil. Parexel International Corp's earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2016 was $242 Mil. Therefore, Parexel International Corp's EV/EBIT ratio for today is 15.26.

PRXL' s EV/EBIT Range Over the Past 10 Years
Min: 5.9   Max: 119.9
Current: 15.27

5.9
119.9

During the past 13 years, the highest EV/EBIT Ratio of Parexel International Corp was 119.90. The lowest was 5.90. And the median was 17.30.

PRXL's EV/EBIT is ranked higher than
77% of the 97 Companies
in the Global Diagnostics & Research industry.

( Industry Median: 21.61 vs. PRXL: 15.27 )

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt). Parexel International Corp's enterprise value for the quarter that ended in Sep. 2016 was $3,869 Mil. Parexel International Corp's earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2016 was $242 Mil. Parexel International Corp's Earnings Yield (Joel Greenblatt) for the quarter that ended in Sep. 2016 was 6.25%.


Definition

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

EV/EBIT=Enterprise Value (Today)/Earnings Before Interest and Taxes (EBIT) (TTM)
=3689.706/241.8
=15.26

Parexel International Corp's current Enterprise Value is $3,690 Mil.
Parexel International Corp's Earnings Before Interest and Taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2016 was 54.6 (Dec. 2015 ) + 69.7 (Mar. 2016 ) + 64.2 (Jun. 2016 ) + 53.3 (Sep. 2016 ) = $242 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).

Parexel International Corp's Earnings Yield (Joel Greenblatt) for the quarter that ended in Sep. 2016 is calculated as:

Earnings Yield (Joel Greenblatt) (Q: Sep. 2016 )=EBIT (TTM)/Enterprise Value (Q: Sep. 2016 )
=241.8/3868.505
=6.25 %

Parexel International Corp's Enterprise Value for the quarter that ended in Sep. 2016 was $3,869 Mil.
Parexel International Corp's Earnings Before Interest and Taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2016 was 54.6 (Dec. 2015 ) + 69.7 (Mar. 2016 ) + 64.2 (Jun. 2016 ) + 53.3 (Sep. 2016 ) = $242 Mil.

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

Parexel International Corp Annual Data

Jun07Jun08Jun09Jun10Jun11Jun12Jun13Jun14Jun15Jun16
ev2ebit 15.4114.4412.1317.5020.4519.1620.2714.7918.5115.98

Parexel International Corp Quarterly Data

Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16
ev2ebit 14.7916.8314.2117.5818.5119.9121.5018.4315.9816.00
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