Switch to:
Air Products & Chemicals Inc (NYSE:APD)
EV/EBITDA
13.91 (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 $33,617 Mil. Air Products & Chemicals Inc's earnings before depreciation and amortization for the trailing twelve months (TTM) ended in Jun. 2014 was $2,452 Mil. Therefore, Air Products & Chemicals Inc's EV/EBITDA ratio for today is 13.91.

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 $130.18. Air Products & Chemicals Inc's earnings per share for the trailing twelve months (TTM) ended in Jun. 2014 was $4.77. Therefore, Air Products & Chemicals Inc's P/E Ratio for today is 27.30.

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)
=33616.813/2452.3
=13.71

Air Products & Chemicals Inc's current Enterprise Value is $33,617 Mil.
Air Products & Chemicals Inc's Earnings Before Depreciation and Amortization for the trailing twelve months (TTM) ended in Jun. 2014 was 454.2 (Sep. 2013 ) + 658 (Dec. 2013 ) + 644.2 (Mar. 2014 ) + 695.9 (Jun. 2014 ) = $2,452 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)
=130.18/4.772
=27.28

Air Products & Chemicals Inc's share price for today is $130.18.
Air Products & Chemicals Inc's Earnings Per Share for the trailing twelve months (TTM) ended in Jun. 2014 was 0.642 (Sep. 2013 ) + 1.35 (Dec. 2013 ) + 1.32 (Mar. 2014 ) + 1.46 (Jun. 2014 ) = $4.77.

* 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

Sep04Sep05Sep06Sep07Sep08Sep09Sep10Sep11Sep12Sep13
ev2ebitda 8.818.219.1710.587.379.359.088.059.9111.80

Air Products & Chemicals Inc Quarterly Data

Mar12Jun12Sep12Dec12Mar13Jun13Sep13Dec13Mar14Jun14
ev2ebitda 9.918.389.919.979.7810.6111.8012.2112.9413.56
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)
Free 7-day Trial
FEEDBACK