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Coventry Health Care, Inc. (NYSE:CVH)
EV/EBITDA
7.81 (As of Today)

EV/EBITDA ratio is calculated as enterprise value divided by its EBITDA. As of today, Coventry Health Care, Inc.'s enterprise value is \$6,669 Mil. Coventry Health Care, Inc.'s earnings before depreciation and amortization for the trailing twelve months (TTM) ended in Mar. 2013 was \$854 Mil. Therefore, Coventry Health Care, Inc.'s EV/EBITDA ratio for today is 7.81.

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, Coventry Health Care, Inc.'s stock price is \$0.00. Coventry Health Care, Inc.'s earnings per share for the trailing twelve months (TTM) ended in Mar. 2013 was \$3.32. Therefore, Coventry Health Care, Inc.'s P/E Ratio for today is 0.00.

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

Definition

Coventry Health Care, Inc.'s EV/EBITDA for today is calculated as:

 EV/EBITDA = Enterprise Value (Today) / Earnings Before Depreciation and Amortization (TTM) = 6668.529 / 853.569 = 7.81

Coventry Health Care, Inc.'s current Enterprise Value is \$6,669 Mil.
Coventry Health Care, Inc.'s Earnings Before Depreciation and Amortization for the trailing twelve months (TTM) ended in Mar. 2013 was 188.923 (Jun. 2012 ) + 195.796 (Sep. 2012 ) + 215.051 (Dec. 2012 ) + 253.799 (Mar. 2013 ) = \$854 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.

Coventry Health Care, Inc.'s P/E Ratio for today is calculated as:

 P/E Ratio = Share Price (Today) / Earnings Per Share (TTM) = 0.00 / 3.32 = 0.00

Coventry Health Care, Inc.'s share price for today is \$0.00.
Coventry Health Care, Inc.'s Earnings Per Share for the trailing twelve months (TTM) ended in Mar. 2013 was 0.65 (Jun. 2012 ) + 0.78 (Sep. 2012 ) + 0.89 (Dec. 2012 ) + 1 (Mar. 2013 ) = \$3.32.

* 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.

Related Terms

Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Coventry Health Care, Inc. Annual Data

 Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 ev2ebitda 22.92 12.04 11.71 7.42 7.50 2.67 4.72 4.20 4.41 6.08

Coventry Health Care, Inc. Quarterly Data

 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 ev2ebitda 4.20 4.91 3.95 3.45 4.41 3.69 4.97 6.10 6.08 6.52
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