Switch to:
GuruFocus has detected 8 Warning Signs with Apartment Investment & Management Co $AIV.
More than 500,000 people have already joined GuruFocus to track the stocks they follow and exchange investment ideas.
Apartment Investment & Management Co (NYSE:AIV)
EV-to-EBITDA
18.45 (As of Today)

EV/EBITDA ratio is calculated as enterprise value divided by its EBITDA. As of today, Apartment Investment & Management Co's enterprise value is $10,952.8 Mil. Apartment Investment & Management Co's earnings before depreciation and amortization for the trailing twelve months (TTM) ended in Dec. 2016 was $593.7 Mil. Therefore, Apartment Investment & Management Co's EV/EBITDA ratio for today is 18.45.

AIV' s EV-to-EBITDA Range Over the Past 10 Years
Min: 1.9   Max: 20.1
Current: 18.45

1.9
20.1

During the past 13 years, the highest EV/EBITDA Ratio of Apartment Investment & Management Co was 20.10. The lowest was 1.90. And the median was 16.10.

AIV's EV-to-EBITDA is ranked lower than
58% of the 904 Companies
in the Global REIT - Residential industry.

( Industry Median: 17.01 vs. AIV: 18.45 )

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 Co's stock price is $43.45. Apartment Investment & Management Co's earnings per share for the trailing twelve months (TTM) ended in Dec. 2016 was $2.66. Therefore, Apartment Investment & Management Co's P/E Ratio for today is 16.33.

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


Definition

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

EV/EBITDA=Enterprise Value (Today)/Earnings Before Depreciation and Amortization (TTM)
=10952.771/593.73
=18.45

Apartment Investment & Management Co's current Enterprise Value is $10,952.8 Mil.
Apartment Investment & Management Co's Earnings Before Depreciation and Amortization for the trailing twelve months (TTM) ended in Dec. 2016 was 145.274 (Mar. 2016 ) + 151.865 (Jun. 2016 ) + 146.301 (Sep. 2016 ) + 150.29 (Dec. 2016 ) = $593.7 Mil.

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's 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 Co's P/E Ratio for today is calculated as:

P/E Ratio=Share Price (Today)/Earnings Per Share (TTM)
=43.45/2.66
=16.33

Apartment Investment & Management Co's share price for today is $43.45.
Apartment Investment & Management Co's Earnings Per Share for the trailing twelve months (TTM) ended in Dec. 2016 was 0.15 (Mar. 2016 ) + 1.41 (Jun. 2016 ) + 0.07 (Sep. 2016 ) + 1.03 (Dec. 2016 ) = $2.66.

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

Apartment Investment & Management Co Annual Data

Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15Dec16
ev2ebitda 6.1911.4113.7916.6515.5114.6814.9314.4718.1718.91

Apartment Investment & Management Co Quarterly Data

Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16Dec16
ev2ebitda 12.7114.4716.4917.7817.8518.1718.5819.0319.4618.91
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
FEEDBACK