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Apartment Investment & Management Company (NYSE:AIV)
EV/EBITDA
15.63 (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 $10,737.5 Mil. Apartment Investment & Management Company's earnings before depreciation and amortization for the trailing twelve months (TTM) ended in Dec. 2014 was $687.1 Mil. Therefore, Apartment Investment & Management Company's EV/EBITDA ratio for today is 15.63.

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 $39.87. Apartment Investment & Management Company's earnings per share for the trailing twelve months (TTM) ended in Dec. 2014 was $2.05. Therefore, Apartment Investment & Management Company's P/E Ratio for today is 19.47.

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)
=10737.464/687.056
=15.63

Apartment Investment & Management Company's current Enterprise Value is $10,737.5 Mil.
Apartment Investment & Management Company's Earnings Before Depreciation and Amortization for the trailing twelve months (TTM) ended in Dec. 2014 was 204.722 (Mar. 2014 ) + 205.718 (Jun. 2014 ) + 140.424 (Sep. 2014 ) + 136.192 (Dec. 2014 ) = $687.1 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)
=39.87/2.048
=19.47

Apartment Investment & Management Company's share price for today is $39.87.
Apartment Investment & Management Company's Earnings Per Share for the trailing twelve months (TTM) ended in Dec. 2014 was 0.44 (Mar. 2014 ) + 0.51 (Jun. 2014 ) + 0.85 (Sep. 2014 ) + 0.248 (Dec. 2014 ) = $2.05.

* 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

Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14
ev2ebitda 7.5915.996.1611.4113.7916.1315.0114.6814.5114.47

Apartment Investment & Management Company Quarterly Data

Sep12Dec12Mar13Jun13Sep13Dec13Mar14Jun14Sep14Dec14
ev2ebitda 15.4314.6816.0316.2415.9814.5113.8912.8712.4214.47
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