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Bank of New York Mellon Corp (NYSE:BK)
EV/EBITDA
-11.61 (As of Today)

EV/EBITDA ratio is calculated as enterprise value divided by its EBITDA. As of today, Bank of New York Mellon Corp's enterprise value is $-59,108 Mil. Bank of New York Mellon Corp's earnings before depreciation and amortization for the trailing twelve months (TTM) ended in Sep. 2014 was $5,091 Mil. Therefore, Bank of New York Mellon Corp's EV/EBITDA ratio for today is -11.61.

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, Bank of New York Mellon Corp's stock price is $40.03. Bank of New York Mellon Corp's earnings per share for the trailing twelve months (TTM) ended in Sep. 2014 was $2.42. Therefore, Bank of New York Mellon Corp's P/E Ratio for today is 16.50.

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


Definition

Bank of New York Mellon Corp's EV/EBITDA for today is calculated as:

EV/EBITDA=Enterprise Value (Today)/Earnings Before Depreciation and Amortization (TTM)
=-59107.700/5091
=-11.61

Bank of New York Mellon Corp's current Enterprise Value is $-59,108 Mil.
Bank of New York Mellon Corp's Earnings Before Depreciation and Amortization for the trailing twelve months (TTM) ended in Sep. 2014 was 1212 (Dec. 2013 ) + 1001 (Mar. 2014 ) + 886 (Jun. 2014 ) + 1992 (Sep. 2014 ) = $5,091 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.

Bank of New York Mellon Corp's P/E Ratio for today is calculated as:

P/E Ratio=Share Price (Today)/Earnings Per Share (TTM)
=40.03/2.42
=16.54

Bank of New York Mellon Corp's share price for today is $40.03.
Bank of New York Mellon Corp's Earnings Per Share for the trailing twelve months (TTM) ended in Sep. 2014 was 0.44 (Dec. 2013 ) + 0.57 (Mar. 2014 ) + 0.48 (Jun. 2014 ) + 0.93 (Sep. 2014 ) = $2.42.

* 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.

Bank of New York Mellon Corp Annual Data

Dec04Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13
ev2ebitda 7.687.298.739.31-14.039.83-3.87-19.53-19.27-15.12

Bank of New York Mellon Corp Quarterly Data

Jun12Sep12Dec12Mar13Jun13Sep13Dec13Mar14Jun14Sep14
ev2ebitda -17.38-16.23-19.27-14.65-13.29-15.62-15.12-12.99-19.79-11.88
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