EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Tallgrass Energy LP's enterprise value is $10,131.5 Mil.
Tallgrass Energy LP's EBITDA for the trailing twelve months (TTM) ended in Dec. 2019 was $488.6 Mil. Therefore, Tallgrass Energy LP's EV-to-EBITDA for today is 20.73.
The historical rank and industry rank for Tallgrass Energy LP's EV-to-EBITDA or its related term are showing as below:
TGE'
s EV-to-EBITDA Range Over the Past 10 Years
Min: 10.1 Med: 14.6 Max: 21
Current: 20.73
During the past 7 years, the highest EV-to-EBITDA of Tallgrass Energy LP was 21.00. The lowest was 10.10. And the median was 14.60.
TGE's EV-to-EBITDA is not ranked
in the Oil & Gas industry.
Industry Median: 6.035
vs TGE: 20.73
EV-to-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 PE Ratio to determine the fair market value of a company.
The "classic" EV-to-EBITDA is much better in capturing debt and net cash than the PE Ratio.
Tallgrass Energy LP EV-to-EBITDA Historical Data
The historical data trend for Tallgrass Energy LP's EV-to-EBITDA can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Competitive Comparison of Tallgrass Energy LP's EV-to-EBITDA
For the Oil & Gas Midstream subindustry, Tallgrass Energy LP's EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Tallgrass Energy LP's EV-to-EBITDA Distribution in the Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Tallgrass Energy LP's EV-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Tallgrass Energy LP's EV-to-EBITDA falls into.
Tallgrass Energy LP's current Enterprise Value is $10,131.5 Mil.
Tallgrass Energy LP's EBITDA for the trailing twelve months (TTM) ended in Dec. 2019 adds up the quarterly data reported by the company within the most recent 12 months, which was $488.6 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Tallgrass Energy LP (NYSE:TGE) EV-to-EBITDA Explanation
EV-to-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 PE Ratio to determine the fair market value of a company.
Tallgrass Energy LP's PE Ratio for today is calculated as:
Tallgrass Energy LP's share price for today is $22.39.
Tallgrass Energy LP's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2019 adds up the quarterly data reported by the company within the most recent 12 months, which was $1.410.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio.
Thank you for viewing the detailed overview of Tallgrass Energy LP's EV-to-EBITDA provided by GuruFocus.com. Please click on the following links to see related term pages.
Tallgrass Energy LP (Tallgrass Energy LP) Business Description
Tallgrass Energy LP is a corporate entity created after the acquisition of Tallgrass Energy Partners (the LP) by its GP in June 2018. Tallgrass operates and has participating interests in some of the more strategically important midstream assets in the Bakken and Rockies (the REX and Pony Express lines, for example). The entity focuses opportunistically on growth through acquisition and development of natural gas and crude oil transportation, as well as gathering and processing assets. Blackstone Investment Partners acquired the Tallgrass GP and 44% of the limited partnership in early 2019.
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