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Penn West Petroleum Ltd (NYSE:PWE)
EV/EBITDA
-2.14 (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 $1,258.5 Mil. Penn West Petroleum Ltd's earnings before depreciation and amortization for the trailing twelve months (TTM) ended in Sep. 2016 was $-589.4 Mil. Therefore, Penn West Petroleum Ltd's EV/EBITDA ratio for today is -2.14.

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 6.30.

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 $1.80. Penn West Petroleum Ltd's earnings per share for the trailing twelve months (TTM) ended in Sep. 2016 was $-3.04. 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)
=1258.510/-589.421589327
=-2.14

Penn West Petroleum Ltd's current Enterprise Value is $1,258.5 Mil.
Penn West Petroleum Ltd's Earnings Before Depreciation and Amortization for the trailing twelve months (TTM) ended in Sep. 2016 was -635.163713265 (Dec. 2015 ) + 110.388628459 (Mar. 2016 ) + 58.9421436327 (Jun. 2016 ) + -123.588648154 (Sep. 2016 ) = $-589.4 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)
=1.80/-3.03734430801
=

Penn West Petroleum Ltd's share price for today is $1.80.
Penn West Petroleum Ltd's Earnings Per Share for the trailing twelve months (TTM) ended in Sep. 2016 was -2.33355210384 (Dec. 2015 ) + -0.151217299259 (Mar. 2016 ) + -0.201644175586 (Jun. 2016 ) + -0.350930729326 (Sep. 2016 ) = $-3.04.

* 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

Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15
ev2ebitda 7.586.612.989.475.727.064.107.74-12.01-3.61

Penn West Petroleum Ltd Quarterly Data

Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16
ev2ebitda 7.306.69-12.01-6.91-4.65-2.79-3.61-4.82-2.24-2.03
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