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PartnerRe Ltd (NYSE:PRE)
EV/EBITDA
6.84 (As of Today)

EV/EBITDA ratio is calculated as enterprise value divided by its EBITDA. As of today, PartnerRe Ltd's enterprise value is $5,970 Mil. PartnerRe Ltd's earnings before depreciation and amortization for the trailing twelve months (TTM) ended in Jun. 2015 was $872 Mil. Therefore, PartnerRe Ltd's EV/EBITDA ratio for today is 6.84.

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, PartnerRe Ltd's stock price is $138.48. PartnerRe Ltd's earnings per share for the trailing twelve months (TTM) ended in Jun. 2015 was $11.45. Therefore, PartnerRe Ltd's P/E Ratio for today is 12.09.

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


Definition

PartnerRe Ltd's EV/EBITDA for today is calculated as:

EV/EBITDA=Enterprise Value (Today)/Earnings Before Depreciation and Amortization (TTM)
=5970.041/872.478
=6.84

PartnerRe Ltd's current Enterprise Value is $5,970 Mil.
PartnerRe Ltd's Earnings Before Depreciation and Amortization for the trailing twelve months (TTM) ended in Jun. 2015 was 260.884 (Sep. 2014 ) + 352.996 (Dec. 2014 ) + 350.615 (Mar. 2015 ) + -92.017 (Jun. 2015 ) = $872 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.

PartnerRe Ltd's P/E Ratio for today is calculated as:

P/E Ratio=Share Price (Today)/Earnings Per Share (TTM)
=138.48/11.454
=12.09

PartnerRe Ltd's share price for today is $138.48.
PartnerRe Ltd's Earnings Per Share for the trailing twelve months (TTM) ended in Jun. 2015 was 3.6 (Sep. 2014 ) + 5.254 (Dec. 2014 ) + 4.76 (Mar. 2015 ) + -2.16 (Jun. 2015 ) = $11.45.

* 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.

PartnerRe Ltd Annual Data

Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14
ev2ebitda -627.044.004.9434.463.213.83-13.672.805.273.68

PartnerRe Ltd Quarterly Data

Mar13Jun13Sep13Dec13Mar14Jun14Sep14Dec14Mar15Jun15
ev2ebitda 3.575.316.255.274.713.133.253.683.706.30
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