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Air Products & Chemicals Inc (NYSE:APD)
EV/EBITDA
6.70 (As of Today)

EV/EBITDA ratio is calculated as enterprise value divided by its EBITDA. As of today, Air Products & Chemicals Inc's enterprise value is $16,659 Mil. Air Products & Chemicals Inc's earnings before depreciation and amortization for the trailing twelve months (TTM) ended in Dec. 2014 was $2,487 Mil. Therefore, Air Products & Chemicals Inc's EV/EBITDA ratio for today is 6.70.

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, Air Products & Chemicals Inc's stock price is $152.75. Air Products & Chemicals Inc's earnings per share for the trailing twelve months (TTM) ended in Dec. 2014 was $4.76. Therefore, Air Products & Chemicals Inc's P/E Ratio for today is 32.08.

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


Definition

Air Products & Chemicals Inc's EV/EBITDA for today is calculated as:

EV/EBITDA=Enterprise Value (Today)/Earnings Before Depreciation and Amortization (TTM)
=16659.308/2487.1
=6.70

Air Products & Chemicals Inc's current Enterprise Value is $16,659 Mil.
Air Products & Chemicals Inc's Earnings Before Depreciation and Amortization for the trailing twelve months (TTM) ended in Dec. 2014 was 644.2 (Mar. 2014 ) + 695.9 (Jun. 2014 ) + 438.4 (Sep. 2014 ) + 708.6 (Dec. 2014 ) = $2,487 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.

Air Products & Chemicals Inc's P/E Ratio for today is calculated as:

P/E Ratio=Share Price (Today)/Earnings Per Share (TTM)
=152.75/4.761
=32.08

Air Products & Chemicals Inc's share price for today is $152.75.
Air Products & Chemicals Inc's Earnings Per Share for the trailing twelve months (TTM) ended in Dec. 2014 was 1.32 (Mar. 2014 ) + 1.46 (Jun. 2014 ) + 0.481 (Sep. 2014 ) + 1.5 (Dec. 2014 ) = $4.76.

* 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.

Air Products & Chemicals Inc Annual Data

Sep05Sep06Sep07Sep08Sep09Sep10Sep11Sep12Sep13Sep14
ev2ebitda 8.219.1710.587.3711.429.088.059.9111.8713.85

Air Products & Chemicals Inc Quarterly Data

Sep12Dec12Mar13Jun13Sep13Dec13Mar14Jun14Sep14Dec14
ev2ebitda 9.919.979.7810.6111.8712.2112.9413.6013.8514.81
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