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Penn National Gaming Inc (NAS:PENN)
EV/EBITDA
-2.45 (As of Today)

EV/EBITDA ratio is calculated as enterprise value divided by its EBITDA. As of today, Penn National Gaming Inc's enterprise value is $1,780 Mil. Penn National Gaming Inc's earnings before depreciation and amortization for the trailing twelve months (TTM) ended in Jun. 2014 was $-727 Mil. Therefore, Penn National Gaming Inc's EV/EBITDA ratio for today is -2.45.

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, Penn National Gaming Inc's stock price is $12.41. Penn National Gaming Inc's earnings per share for the trailing twelve months (TTM) ended in Jun. 2014 was $-10.92. Therefore, Penn National Gaming 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

Penn National Gaming Inc's EV/EBITDA for today is calculated as:

EV/EBITDA=Enterprise Value (Today)/Earnings Before Depreciation and Amortization (TTM)
=1780.300/-726.551
=-2.45

Penn National Gaming Inc's current Enterprise Value is $1,780 Mil.
Penn National Gaming Inc's Earnings Before Depreciation and Amortization for the trailing twelve months (TTM) ended in Jun. 2014 was 175.477 (Sep. 2013 ) + -1043.031 (Dec. 2013 ) + 69.998 (Mar. 2014 ) + 71.005 (Jun. 2014 ) = $-727 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.

Penn National Gaming Inc's P/E Ratio for today is calculated as:

P/E Ratio=Share Price (Today)/Earnings Per Share (TTM)
=12.41/-10.923
=

Penn National Gaming Inc's share price for today is $12.41.
Penn National Gaming Inc's Earnings Per Share for the trailing twelve months (TTM) ended in Jun. 2014 was 0.4 (Sep. 2013 ) + -11.403 (Dec. 2013 ) + 0.05 (Mar. 2014 ) + 0.03 (Jun. 2014 ) = $-10.92.

* 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.

Penn National Gaming Inc Annual Data

Dec04Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13
ev2ebitda 4.6710.594.936.126.971,368.717.343.514.82-3.59

Penn National Gaming Inc Quarterly Data

Jun12Sep12Dec12Mar13Jun13Sep13Dec13Mar14Jun14Sep14
ev2ebitda 3.723.834.824.704.744.66-3.59-2.58-2.390.00
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