Switch to:
Cowen Group Inc (NAS:COWN)
EV/EBITDA
-8.64 (As of Today)

EV/EBITDA ratio is calculated as enterprise value divided by its EBITDA. As of today, Cowen Group Inc's enterprise value is $-417.2 Mil. Cowen Group Inc's earnings before depreciation and amortization for the trailing twelve months (TTM) ended in Dec. 2015 was $48.3 Mil. Therefore, Cowen Group Inc's EV/EBITDA ratio for today is -8.64.

During the past 13 years, the highest EV/EBITDA Ratio of Cowen Group Inc was 464.90. The lowest was -90.50. And the median was 0.50.

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, Cowen Group Inc's stock price is $3.20. Cowen Group Inc's earnings per share for the trailing twelve months (TTM) ended in Dec. 2015 was $0.34. Therefore, Cowen Group Inc's P/E Ratio for today is 9.52.

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


Definition

Cowen Group Inc's EV/EBITDA for today is calculated as:

EV/EBITDA=Enterprise Value (Today)/Earnings Before Depreciation and Amortization (TTM)
=-417.192/48.301
=-8.64

Cowen Group Inc's current Enterprise Value is $-417.2 Mil.
Cowen Group Inc's Earnings Before Depreciation and Amortization for the trailing twelve months (TTM) ended in Dec. 2015 was 34.491 (Mar. 2015 ) + 22.501 (Jun. 2015 ) + -1.049 (Sep. 2015 ) + -7.642 (Dec. 2015 ) = $48.3 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.

Cowen Group Inc's P/E Ratio for today is calculated as:

P/E Ratio=Share Price (Today)/Earnings Per Share (TTM)
=3.20/0.336
=9.52

Cowen Group Inc's share price for today is $3.20.
Cowen Group Inc's Earnings Per Share for the trailing twelve months (TTM) ended in Dec. 2015 was 0.14 (Mar. 2015 ) + 0.05 (Jun. 2015 ) + -0.11 (Sep. 2015 ) + 0.256 (Dec. 2015 ) = $0.34.

* 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.

Cowen Group Inc Annual Data

Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15
ev2ebitda 2.92-1.75-1.3511.4517.7310.31458.21-17.18-9.36-7.35

Cowen Group Inc Quarterly Data

Sep13Dec13Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15
ev2ebitda -25.40-17.18-19.95-29.65-29.31-9.36-0.54-1.94-5.10-7.35
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)

GuruFocus Premium Plus Membership

FEEDBACK