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GuruFocus has detected 6 Warning Signs with Plains All American Pipeline LP $PAA.
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Plains All American Pipeline LP (NYSE:PAA)
EV-to-EBITDA
19.24 (As of Today)

EV/EBITDA ratio is calculated as enterprise value divided by its EBITDA. As of today, Plains All American Pipeline LP's enterprise value is $33,047 Mil. Plains All American Pipeline LP's earnings before depreciation and amortization for the trailing twelve months (TTM) ended in Dec. 2016 was $1,718 Mil. Therefore, Plains All American Pipeline LP's EV/EBITDA ratio for today is 19.24.

PAA' s EV-to-EBITDA Range Over the Past 10 Years
Min: 5.1   Max: 19.41
Current: 19.25

5.1
19.41

During the past 13 years, the highest EV/EBITDA Ratio of Plains All American Pipeline LP was 19.41. The lowest was 5.10. And the median was 12.40.

PAA's EV-to-EBITDA is ranked lower than
82% of the 113 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 14.56 vs. PAA: 19.25 )

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, Plains All American Pipeline LP's stock price is $31.40. Plains All American Pipeline LP's earnings per share for the trailing twelve months (TTM) ended in Dec. 2016 was $0.43. Therefore, Plains All American Pipeline LP's P/E Ratio for today is 73.02.

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


Definition

Plains All American Pipeline LP's EV/EBITDA for today is calculated as:

EV/EBITDA=Enterprise Value (Today)/Earnings Before Depreciation and Amortization (TTM)
=33047.060/1718
=19.24

Plains All American Pipeline LP's current Enterprise Value is $33,047 Mil.
Plains All American Pipeline LP's Earnings Before Depreciation and Amortization for the trailing twelve months (TTM) ended in Dec. 2016 was 448 (Mar. 2016 ) + 416 (Jun. 2016 ) + 445 (Sep. 2016 ) + 409 (Dec. 2016 ) = $1,718 Mil.

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's 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.

Plains All American Pipeline LP's P/E Ratio for today is calculated as:

P/E Ratio=Share Price (Today)/Earnings Per Share (TTM)
=31.40/0.43
=73.02

Plains All American Pipeline LP's share price for today is $31.40.
Plains All American Pipeline LP's Earnings Per Share for the trailing twelve months (TTM) ended in Dec. 2016 was 0.07 (Mar. 2016 ) + -0.2 (Jun. 2016 ) + 0.4 (Sep. 2016 ) + 0.16 (Dec. 2016 ) = $0.43.

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's 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 local exchange's currency.

Plains All American Pipeline LP Annual Data

Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15Dec16
ev2ebitda 13.2510.0411.9014.7511.1111.8312.1912.6211.0114.66

Plains All American Pipeline LP Quarterly Data

Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16Dec16
ev2ebitda 14.1712.6212.9113.2311.2311.0110.0811.7413.1514.66
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