Switch to:
Corning Inc (NYSE:GLW)
EV/EBITDA
16.03 (As of Today)

EV/EBITDA ratio is calculated as enterprise value divided by its EBITDA. As of today, Corning Inc's enterprise value is $26,612 Mil. Corning Inc's earnings before depreciation and amortization for the trailing twelve months (TTM) ended in Mar. 2016 was $1,660 Mil. Therefore, Corning Inc's EV/EBITDA ratio for today is 16.03.

GLW' s EV/EBITDA Range Over the Past 10 Years
Min: 3   Max: 41.7
Current: 16.02

3
41.7

During the past 13 years, the highest EV/EBITDA Ratio of Corning Inc was 41.70. The lowest was 3.00. And the median was 7.20.

GLW's EV/EBITDA is ranked lower than
67% of the 1851 Companies
in the Global Electronic Components industry.

( Industry Median: 9.94 vs. GLW: 16.02 )

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, Corning Inc's stock price is $21.71. Corning Inc's earnings per share for the trailing twelve months (TTM) ended in Mar. 2016 was $0.33. Therefore, Corning Inc's P/E Ratio for today is 65.79.

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


Definition

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

EV/EBITDA=Enterprise Value (Today)/Earnings Before Depreciation and Amortization (TTM)
=26611.834/1660
=16.03

Corning Inc's current Enterprise Value is $26,612 Mil.
Corning Inc's Earnings Before Depreciation and Amortization for the trailing twelve months (TTM) ended in Mar. 2016 was 938 (Jun. 2015 ) + 548 (Sep. 2015 ) + 510 (Dec. 2015 ) + -336 (Mar. 2016 ) = $1,660 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.

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

P/E Ratio=Share Price (Today)/Earnings Per Share (TTM)
=21.71/0.33
=65.79

Corning Inc's share price for today is $21.71.
Corning Inc's Earnings Per Share for the trailing twelve months (TTM) ended in Mar. 2016 was 0.36 (Jun. 2015 ) + 0.15 (Sep. 2015 ) + 0.18 (Dec. 2015 ) + -0.36 (Mar. 2016 ) = $0.33.

* 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.

Corning Inc Annual Data

Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15
ev2ebitda 17.1218.025.9910.145.443.815.166.415.888.15

Corning Inc Quarterly Data

Dec13Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16
ev2ebitda 6.417.719.046.085.885.954.885.468.1515.50
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)
FEEDBACK