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

EV/EBITDA ratio is calculated as enterprise value divided by its EBITDA. As of today, PartnerRe Ltd's enterprise value is $4,906 Mil. PartnerRe Ltd's earnings before depreciation and amortization for the trailing twelve months (TTM) ended in Sep. 2014 was $1,469 Mil. Therefore, PartnerRe Ltd's EV/EBITDA ratio for today is 3.34.

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 $113.42. PartnerRe Ltd's earnings per share for the trailing twelve months (TTM) ended in Sep. 2014 was $18.99. Therefore, PartnerRe Ltd's P/E Ratio for today is 5.97.

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)
=4905.581/1468.763
=3.34

PartnerRe Ltd's current Enterprise Value is $4,906 Mil.
PartnerRe Ltd's Earnings Before Depreciation and Amortization for the trailing twelve months (TTM) ended in Sep. 2014 was 452.96 (Dec. 2013 ) + 388.368 (Mar. 2014 ) + 366.55 (Jun. 2014 ) + 260.885 (Sep. 2014 ) = $1,469 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)
=113.42/18.988
=5.97

PartnerRe Ltd's share price for today is $113.42.
PartnerRe Ltd's Earnings Per Share for the trailing twelve months (TTM) ended in Sep. 2014 was 4.758 (Dec. 2013 ) + 5.61 (Mar. 2014 ) + 5.02 (Jun. 2014 ) + 3.6 (Sep. 2014 ) = $18.99.

* 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

Dec04Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13
ev2ebitda 5.73-624.153.985.0534.463.203.83-13.672.805.27

PartnerRe Ltd Quarterly Data

Jun12Sep12Dec12Mar13Jun13Sep13Dec13Mar14Jun14Sep14
ev2ebitda 4.043.022.803.494.945.445.274.713.113.26
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