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Bank of New York Mellon Corp (NYSE:BK)
EV/EBITDA
-11.34 (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 $-62,243 Mil. Bank of New York Mellon Corp's earnings before depreciation and amortization for the trailing twelve months (TTM) ended in Mar. 2014 was $5,585 Mil. Therefore, Bank of New York Mellon Corp's EV/EBITDA ratio for today is -11.34.

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 $39.43. Bank of New York Mellon Corp's earnings per share for the trailing twelve months (TTM) ended in Mar. 2014 was $2.54. Therefore, Bank of New York Mellon Corp's P/E Ratio for today is 15.50.

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)
=-62243.224/5585
=-11.14

Bank of New York Mellon Corp's current Enterprise Value is $-62,243 Mil.
Bank of New York Mellon Corp's Earnings Before Depreciation and Amortization for the trailing twelve months (TTM) ended in Mar. 2014 was 1579 (Jun. 2013 ) + 1331 (Sep. 2013 ) + 1212 (Dec. 2013 ) + 1463 (Mar. 2014 ) = $5,585 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)
=39.43/2.54
=15.52

Bank of New York Mellon Corp's share price for today is $39.43.
Bank of New York Mellon Corp's Earnings Per Share for the trailing twelve months (TTM) ended in Mar. 2014 was 0.71 (Jun. 2013 ) + 0.82 (Sep. 2013 ) + 0.44 (Dec. 2013 ) + 0.57 (Mar. 2014 ) = $2.54.

* 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 8.798.419.0611.08-14.51-6.28-3.51-19.09-19.06-15.17

Bank of New York Mellon Corp Quarterly Data

Dec11Mar12Jun12Sep12Dec12Mar13Jun13Sep13Dec13Mar14
ev2ebitda -19.09-11.32-17.22-15.89-19.06-14.50-13.30-15.70-15.17-12.02
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