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China Information Technology Inc (NAS:CNIT)
EV/EBITDA
-1.97 (As of Today)

EV/EBITDA ratio is calculated as enterprise value divided by its EBITDA. As of today, China Information Technology Inc's enterprise value is $205.68 Mil. China Information Technology Inc's earnings before depreciation and amortization for the trailing twelve months (TTM) ended in Jun. 2014 was $-104.16 Mil. Therefore, China Information Technology Inc's EV/EBITDA ratio for today is -1.97.

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, China Information Technology Inc's stock price is $3.68. China Information Technology Inc's earnings per share for the trailing twelve months (TTM) ended in Jun. 2014 was $-4.36. Therefore, China Information Technology Inc's P/E Ratio for today is .

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


Definition

China Information Technology Inc's EV/EBITDA for today is calculated as:

EV/EBITDA=Enterprise Value (Today)/Earnings Before Depreciation and Amortization (TTM)
=205.683/-104.155
=-1.97

China Information Technology Inc's current Enterprise Value is $205.68 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. China Information Technology Inc's Earnings Before Depreciation and Amortization for the trailing twelve months (TTM) ended in Jun. 2014 was $-104.16 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.

China Information Technology Inc's P/E Ratio for today is calculated as:

P/E Ratio=Share Price (Today)/Earnings Per Share (TTM)
=3.68/-4.36
=

China Information Technology Inc's share price for today is $3.68.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. China Information Technology Inc's Earnings Per Share for the trailing twelve months (TTM) ended in Jun. 2014 was $-4.36.

* 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.

China Information Technology Inc Annual Data

Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13
ev2ebitda 0.000.0078.6121.465.968.125.754.44-1.68-2.95

China Information Technology Inc Semi-Annual Data

Dec10Mar11Jun11Sep11Dec11Jun12Dec12Jun13Dec13Jun14
ev2ebitda 5.753.263.092.384.440.00-1.680.00-2.950.00
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