Switch to:
GuruFocus has detected 3 Warning Signs with Penn West Petroleum Ltd $PWE.
More than 500,000 people have already joined GuruFocus to track the stocks they follow and exchange investment ideas.
Penn West Petroleum Ltd (NYSE:PWE)
EV-to-EBITDA
-8.93 (As of Today)

EV/EBITDA ratio is calculated as enterprise value divided by its EBITDA. As of today, Penn West Petroleum Ltd's enterprise value is $1,184.7 Mil. Penn West Petroleum Ltd's earnings before depreciation and amortization for the trailing twelve months (TTM) ended in Dec. 2016 was $-132.7 Mil. Therefore, Penn West Petroleum Ltd's EV/EBITDA ratio for today is -8.93.

PWE' s EV-to-EBITDA Range Over the Past 10 Years
Min: -13.6   Max: 16.8
Current: -8.98

-13.6
16.8

During the past 13 years, the highest EV/EBITDA Ratio of Penn West Petroleum Ltd was 16.80. The lowest was -13.60. And the median was 6.00.

PWE's EV-to-EBITDA is ranked lower than
99.99% of the 399 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: 12.98 vs. PWE: -8.98 )

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 West Petroleum Ltd's stock price is $1.50. Penn West Petroleum Ltd's earnings per share for the trailing twelve months (TTM) ended in Dec. 2016 was $-1.06. Therefore, Penn West Petroleum Ltd's P/E Ratio for today is .

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


Definition

Penn West Petroleum Ltd's EV/EBITDA for today is calculated as:

EV/EBITDA=Enterprise Value (Today)/Earnings Before Depreciation and Amortization (TTM)
=1184.650/-132.68204579
=-8.93

Penn West Petroleum Ltd's current Enterprise Value is $1,184.7 Mil.
Penn West Petroleum Ltd's Earnings Before Depreciation and Amortization for the trailing twelve months (TTM) ended in Dec. 2016 was 110.388628459 (Mar. 2016 ) + 58.9421436327 (Jun. 2016 ) + -123.588648154 (Sep. 2016 ) + -178.424169728 (Dec. 2016 ) = $-132.7 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.

Penn West Petroleum Ltd's P/E Ratio for today is calculated as:

P/E Ratio=Share Price (Today)/Earnings Per Share (TTM)
=1.50/-1.05614245531
=

Penn West Petroleum Ltd's share price for today is $1.50.
Penn West Petroleum Ltd's Earnings Per Share for the trailing twelve months (TTM) ended in Dec. 2016 was -0.151217299259 (Mar. 2016 ) + -0.201644175586 (Jun. 2016 ) + -0.350930729326 (Sep. 2016 ) + -0.352350251143 (Dec. 2016 ) = $-1.06.

* 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.

Penn West Petroleum Ltd Annual Data

Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15Dec16
ev2ebitda 6.612.989.475.727.064.107.74-12.01-3.43-9.27

Penn West Petroleum Ltd Quarterly Data

Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16Dec16
ev2ebitda 6.69-12.01-6.91-4.65-2.79-3.43-4.49-2.11-1.94-9.27
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
FEEDBACK