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China Petroleum & Chemical Corp (NYSE:SNP)
EV/EBIT
8.71 (As of Today)

EV/EBIT ratio is calculated as enterprise value divided by its EBIT. As of today, China Petroleum & Chemical Corp's enterprise value is $143,417 Mil. China Petroleum & Chemical Corp's operating income for the trailing twelve months (TTM) ended in Jun. 2014 was $16,641 Mil. Therefore, China Petroleum & Chemical Corp's EV/EBIT ratio for today is 8.71.

SNP' s 10-Year EV/EBIT Range
Min: -0.4   Max: 5555.7
Current: 8.71

-0.4
5555.7

During the past 13 years, the highest EV/EBIT Ratio of China Petroleum & Chemical Corp was 5555.70. The lowest was -0.40. And the median was 32.80.

SNP's EV/EBITis ranked higher than
94% of the 256 Companies
in the Global Oil & Gas Integrated industry.

( Industry Median: 9.84 vs. SNP: 8.71 )

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt). China Petroleum & Chemical Corp's enterprise value for the quarter that ended in Jun. 2014 was $158,764 Mil. China Petroleum & Chemical Corp's Operating Income for the trailing twelve months (TTM) ended in Jun. 2014 was $16,641 Mil. China Petroleum & Chemical Corp's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jun. 2014 was 11.36%.


Definition

China Petroleum & Chemical Corp's EV/EBIT for today is calculated as:

EV/EBIT=Enterprise Value (Today)/Operating Income (TTM)
=143416.793/16641.337481
=8.62

China Petroleum & Chemical Corp's current Enterprise Value is $143,417 Mil.
China Petroleum & Chemical Corp's Operating Income for the trailing twelve months (TTM) ended in Jun. 2014 was 5169.09716533 (Sep. 2013 ) + 3056.85010742 (Dec. 2013 ) + 3986.66666667 (Mar. 2014 ) + 4428.72354156 (Jun. 2014 ) = $16,641 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).

China Petroleum & Chemical Corp's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jun. 2014 is calculated as:

Earnings Yield (Joel Greenblatt) (Q: Jun. 2014 )=Operating Income (TTM)/Enterprise Value (Q: Jun. 2014 )
=16641.337481/158764.151121
=10.48 %

China Petroleum & Chemical Corp's Enterprise Value for the quarter that ended in Jun. 2014 was $158,764 Mil.
China Petroleum & Chemical Corp's Operating Income for the trailing twelve months (TTM) ended in Jun. 2014 was 5169.09716533 (Sep. 2013 ) + 3056.85010742 (Dec. 2013 ) + 3986.66666667 (Mar. 2014 ) + 4428.72354156 (Jun. 2014 ) = $16,641 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.

China Petroleum & Chemical Corp Annual Data

Dec04Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13
ev2ebit 43.7438.0465.1297.21248.410.0016.8917.657.808.42

China Petroleum & Chemical Corp Quarterly Data

Mar12Jun12Sep12Dec12Mar13Jun13Sep13Dec13Mar14Jun14
ev2ebit 12.289.78-0.427.809.796.957.118.429.448.80
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