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

EV/EBITDA ratio is calculated as enterprise value divided by its EBITDA. As of today, PartnerRe Ltd's enterprise value is $4,999 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 3.40.

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 $115.32. 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 6.10.

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)
=4998.628/1468.763
=3.40

PartnerRe Ltd's current Enterprise Value is $4,999 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)
=115.32/18.988
=6.07

PartnerRe Ltd's share price for today is $115.32.
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 5.72963.054.034.8733.893.223.83-13.672.805.27

PartnerRe Ltd Quarterly Data

Jun12Sep12Dec12Mar13Jun13Sep13Dec13Mar14Jun14Sep14
ev2ebitda 3.802.812.803.575.316.255.274.713.113.26
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