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Transocean Ltd (NYSE:RIG)
EV/EBIT
6.66 (As of Today)

EV/EBIT ratio is calculated as enterprise value divided by its Earnings Before Interest and Taxes (EBIT). As of today, Transocean Ltd's enterprise value is $11,556 Mil. Transocean Ltd's earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2016 was $1,735 Mil. Therefore, Transocean Ltd's EV/EBIT ratio for today is 6.66.

RIG' s EV/EBIT Range Over the Past 10 Years
Min: -75.2   Max: 206.4
Current: 6.69

-75.2
206.4

During the past 13 years, the highest EV/EBIT Ratio of Transocean Ltd was 206.40. The lowest was -75.20. And the median was 9.50.

RIG's EV/EBIT is ranked higher than
50% of the 26 Companies
in the Global Oil & Gas Drilling industry.

( Industry Median: 6.29 vs. RIG: 6.69 )

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt). Transocean Ltd's enterprise value for the quarter that ended in Sep. 2016 was $9,930 Mil. Transocean Ltd's earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2016 was $1,735 Mil. Transocean Ltd's Earnings Yield (Joel Greenblatt) for the quarter that ended in Sep. 2016 was 17.47%.


Definition

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

EV/EBIT=Enterprise Value (Today)/Earnings Before Interest and Taxes (EBIT) (TTM)
=11556.193/1735
=6.66

Transocean Ltd's current Enterprise Value is $11,556 Mil.
Transocean Ltd's Earnings Before Interest and Taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2016 was 770 (Dec. 2015 ) + 419 (Mar. 2016 ) + 199 (Jun. 2016 ) + 347 (Sep. 2016 ) = $1,735 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).

Transocean Ltd'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 )
=1735/9929.8036
=17.47 %

Transocean Ltd's Enterprise Value for the quarter that ended in Sep. 2016 was $9,930 Mil.
Transocean Ltd's Earnings Before Interest and Taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2016 was 770 (Dec. 2015 ) + 419 (Mar. 2016 ) + 199 (Jun. 2016 ) + 347 (Sep. 2016 ) = $1,735 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.

Transocean Ltd Annual Data

Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15
ev2ebit 15.3817.285.058.4411.02-4.7514.5411.27-10.917.50

Transocean Ltd Quarterly Data

Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16
ev2ebit 9.43-68.09-10.91-5.73-4.88182.917.504.435.825.72
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