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Cowen Group Inc (NAS:COWN)
EV/EBITDA
-24.92 (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 $-348.6 Mil. Cowen Group Inc's earnings before depreciation and amortization for the trailing twelve months (TTM) ended in Mar. 2016 was $14.0 Mil. Therefore, Cowen Group Inc's EV/EBITDA ratio for today is -24.92.

During the past 13 years, the highest EV/EBITDA Ratio of Cowen Group Inc was 310.20. The lowest was -90.50. And the median was 0.20.

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 $3.31. Cowen Group Inc's earnings per share for the trailing twelve months (TTM) ended in Mar. 2016 was $0.15. Therefore, Cowen Group Inc's P/E Ratio for today is 22.67.

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)
=-348.616/13.992
=-24.92

Cowen Group Inc's current Enterprise Value is $-348.6 Mil.
Cowen Group Inc's Earnings Before Depreciation and Amortization for the trailing twelve months (TTM) ended in Mar. 2016 was 22.501 (Jun. 2015 ) + -1.049 (Sep. 2015 ) + -7.642 (Dec. 2015 ) + 0.182 (Mar. 2016 ) = $14.0 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)
=3.31/0.146
=22.67

Cowen Group Inc's share price for today is $3.31.
Cowen Group Inc's Earnings Per Share for the trailing twelve months (TTM) ended in Mar. 2016 was 0.05 (Jun. 2015 ) + -0.11 (Sep. 2015 ) + 0.256 (Dec. 2015 ) + -0.05 (Mar. 2016 ) = $0.15.

* 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 2.92-1.75-1.35-14.1317.7313.99229.45-17.24-9.36-7.35

Cowen Group Inc Quarterly Data

Dec13Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16
ev2ebitda -17.24-19.89-29.49-29.12-9.36-0.54-1.94-5.10-7.35-20.89
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