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Tata Motors Ltd (NYSE:TTM)
EV/EBIT
8.88 (As of Today)

EV/EBIT ratio is calculated as enterprise value divided by its Earnings Before Interest and Taxes (EBIT). As of today, Tata Motors Ltd's enterprise value is $22,115 Mil. Tata Motors Ltd's earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2015 was $2,492 Mil. Therefore, Tata Motors Ltd's EV/EBIT ratio for today is 8.88.

TTM' s EV/EBIT Range Over the Past 10 Years
Min: -354.4   Max: 34.9
Current: 8.94

-354.4
34.9

During the past 13 years, the highest EV/EBIT Ratio of Tata Motors Ltd was 34.90. The lowest was -354.40. And the median was 5.60.

TTM's EV/EBIT is ranked higher than
65% of the 1015 Companies
in the Global Auto Manufacturers industry.

( Industry Median: 12.11 vs. TTM: 8.94 )

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt). Tata Motors Ltd's enterprise value for the quarter that ended in Sep. 2015 was $0 Mil. Tata Motors Ltd's earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2015 was $2,492 Mil. Tata Motors Ltd's Earnings Yield (Joel Greenblatt) for the quarter that ended in Sep. 2015 was %.


Definition

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

EV/EBIT=Enterprise Value (Today)/Earnings Before Interest and Taxes (EBIT) (TTM)
=22114.518/2491.66965655
=8.88

Tata Motors Ltd's current Enterprise Value is $22,115 Mil.
Tata Motors Ltd's Earnings Before Interest and Taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2015 was 879.608529178 (Dec. 2014 ) + 746.722577444 (Mar. 2015 ) + 858.578351826 (Jun. 2015 ) + 6.76019810569 (Sep. 2015 ) = $2,492 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).

Tata Motors Ltd's Earnings Yield (Joel Greenblatt) for the quarter that ended in Sep. 2015 is calculated as:

Earnings Yield (Joel Greenblatt) (Q: Sep. 2015 )=EBIT (TTM)/Enterprise Value (Q: Sep. 2015 )
=2491.66965655/0
= %

Tata Motors Ltd's Enterprise Value for the quarter that ended in Sep. 2015 was $0 Mil.
Tata Motors Ltd's Earnings Before Interest and Taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2015 was 879.608529178 (Dec. 2014 ) + 746.722577444 (Mar. 2015 ) + 858.578351826 (Jun. 2015 ) + 6.76019810569 (Sep. 2015 ) = $2,492 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.

Tata Motors Ltd Annual Data

Mar06Mar07Mar08Mar09Mar10Mar11Mar12Mar13Mar14Mar15
ev2ebit 15.6910.909.77-22.947.177.8112.174.995.427.00

Tata Motors Ltd Quarterly Data

Jun13Sep13Dec13Mar14Jun14Sep14Dec14Mar15Jun15Sep15
ev2ebit 5.256.825.325.424.916.227.377.006.348.13
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