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Apartment Investment & Management Company (NYSE:AIV)
EV/EBITDA
16.51 (As of Today)

EV/EBITDA ratio is calculated as enterprise value divided by its EBITDA. As of today, Apartment Investment & Management Company's enterprise value is $9,540.6 Mil. Apartment Investment & Management Company's earnings before depreciation and amortization for the trailing twelve months (TTM) ended in Mar. 2014 was $578.5 Mil. Therefore, Apartment Investment & Management Company's EV/EBITDA ratio for today is 16.51.

EV/EBITDA (Enterprise value/EBITDA) is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the P/E Ratio to determine the fair market value of a company.

As of today, Apartment Investment & Management Company's stock price is $33.73. Apartment Investment & Management Company's earnings per share for the trailing twelve months (TTM) ended in Mar. 2014 was $1.81. Therefore, Apartment Investment & Management Company's P/E Ratio for today is 18.60.

The "classic" EV/EBITDA ratio is much better in capturing debt and net cash than the P/E Ratio.


Definition

Apartment Investment & Management Company's EV/EBITDA for today is calculated as:

EV/EBITDA=Enterprise Value (Today)/Earnings Before Depreciation and Amortization (TTM)
=9540.601/578.469
=16.49

Apartment Investment & Management Company's current Enterprise Value is $9,540.6 Mil.
Apartment Investment & Management Company's Earnings Before Depreciation and Amortization for the trailing twelve months (TTM) ended in Mar. 2014 was 149.027 (Jun. 2013 ) + 140.496 (Sep. 2013 ) + 153.716 (Dec. 2013 ) + 135.23 (Mar. 2014 ) = $578.5 Mil.

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.


Explanation

EV/EBITDA (Enterprise value/EBITDA) is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the P/E Ratio to determine the fair market value of a company.

Apartment Investment & Management Company's P/E Ratio for today is calculated as:

P/E Ratio=Share Price (Today)/Earnings Per Share (TTM)
=33.73/1.809
=18.65

Apartment Investment & Management Company's share price for today is $33.73.
Apartment Investment & Management Company's Earnings Per Share for the trailing twelve months (TTM) ended in Mar. 2014 was 0.07 (Jun. 2013 ) + 0.46 (Sep. 2013 ) + 0.839 (Dec. 2013 ) + 0.44 (Mar. 2014 ) = $1.81.

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Study has found that the companies with the lowest EV/EBITDA outperforms companies measured as cheap by other ratios such as P/E Ratio.

Please read Which price ratio outperforms the enterprise multiple?


Related Terms

Enterprise Value, Earnings Before Depreciation and Amortization, P/E Ratio


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Apartment Investment & Management Company Annual Data

Dec04Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13
ev2ebitda 8.077.6716.046.3511.6115.6317.3915.2814.7914.57

Apartment Investment & Management Company Quarterly Data

Dec11Mar12Jun12Sep12Dec12Mar13Jun13Sep13Dec13Mar14
ev2ebitda 15.2816.9716.3015.5514.7916.1515.9515.5314.5715.61
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