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Myriad Genetics Inc (NAS:MYGN)
EV/EBITDA
8.69 (As of Today)

EV/EBITDA ratio is calculated as enterprise value divided by its EBITDA. As of today, Myriad Genetics Inc's enterprise value is $2,504.0 Mil. Myriad Genetics Inc's earnings before depreciation and amortization for the trailing twelve months (TTM) ended in Jun. 2014 was $288.3 Mil. Therefore, Myriad Genetics Inc's EV/EBITDA ratio for today is 8.69.

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, Myriad Genetics Inc's stock price is $36.96. Myriad Genetics Inc's earnings per share for the trailing twelve months (TTM) ended in Jun. 2014 was $2.25. Therefore, Myriad Genetics Inc's P/E Ratio for today is 16.40.

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


Definition

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

EV/EBITDA=Enterprise Value (Today)/Earnings Before Depreciation and Amortization (TTM)
=2504.038/288.263
=8.69

Myriad Genetics Inc's current Enterprise Value is $2,504.0 Mil.
Myriad Genetics Inc's Earnings Before Depreciation and Amortization for the trailing twelve months (TTM) ended in Jun. 2014 was 85.276 (Sep. 2013 ) + 85.438 (Dec. 2013 ) + 58.767 (Mar. 2014 ) + 58.782 (Jun. 2014 ) = $288.3 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.

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

P/E Ratio=Share Price (Today)/Earnings Per Share (TTM)
=36.96/2.253
=16.40

Myriad Genetics Inc's share price for today is $36.96.
Myriad Genetics Inc's Earnings Per Share for the trailing twelve months (TTM) ended in Jun. 2014 was 0.68 (Sep. 2013 ) + 0.66 (Dec. 2013 ) + 0.48 (Mar. 2014 ) + 0.433 (Jun. 2014 ) = $2.25.

* 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.

Myriad Genetics Inc Annual Data

Jun05Jun06Jun07Jun08Jun09Jun10Jun11Jun12Jun13Jun14
ev2ebitda -9.97-18.66-76.2722.8620.487.059.778.577.579.43

Myriad Genetics Inc Quarterly Data

Mar12Jun12Sep12Dec12Mar13Jun13Sep13Dec13Mar14Jun14
ev2ebitda 9.078.579.388.997.757.575.654.017.679.43
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