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Tenet Healthcare Corp (NYSE:THC)
EV/EBITDA
8.93 (As of Today)

EV/EBITDA ratio is calculated as enterprise value divided by its EBITDA. As of today, Tenet Healthcare Corp's enterprise value is $17,033 Mil. Tenet Healthcare Corp's earnings before depreciation and amortization for the trailing twelve months (TTM) ended in Sep. 2015 was $1,907 Mil. Therefore, Tenet Healthcare Corp's EV/EBITDA ratio for today is 8.93.

THC' s EV/EBITDA Range Over the Past 10 Years
Min: -34   Max: 22.7
Current: 8.88

-34
22.7

During the past 13 years, the highest EV/EBITDA Ratio of Tenet Healthcare Corp was 22.70. The lowest was -34.00. And the median was 7.90.

THC's EV/EBITDA is ranked higher than
77% of the 300 Companies
in the Global Medical Care industry.

( Industry Median: 13.84 vs. THC: 8.88 )

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, Tenet Healthcare Corp's stock price is $24.09. Tenet Healthcare Corp's earnings per share for the trailing twelve months (TTM) ended in Sep. 2015 was $0.19. Therefore, Tenet Healthcare Corp's P/E Ratio for today is 126.79.

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


Definition

Tenet Healthcare Corp's EV/EBITDA for today is calculated as:

EV/EBITDA=Enterprise Value (Today)/Earnings Before Depreciation and Amortization (TTM)
=17033.440/1907
=8.93

Tenet Healthcare Corp's current Enterprise Value is $17,033 Mil.
Tenet Healthcare Corp's Earnings Before Depreciation and Amortization for the trailing twelve months (TTM) ended in Sep. 2015 was 577 (Dec. 2014 ) + 497 (Mar. 2015 ) + 360 (Jun. 2015 ) + 473 (Sep. 2015 ) = $1,907 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.

Tenet Healthcare Corp's P/E Ratio for today is calculated as:

P/E Ratio=Share Price (Today)/Earnings Per Share (TTM)
=24.09/0.19
=126.79

Tenet Healthcare Corp's share price for today is $24.09.
Tenet Healthcare Corp's Earnings Per Share for the trailing twelve months (TTM) ended in Sep. 2015 was 0.62 (Dec. 2014 ) + 0.47 (Mar. 2015 ) + -0.61 (Jun. 2015 ) + -0.29 (Sep. 2015 ) = $0.19.

* 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.

Tenet Healthcare Corp Annual Data

Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14
ev2ebitda 17.73-19.9110.015.766.167.417.177.1117.359.56

Tenet Healthcare Corp Quarterly Data

Jun13Sep13Dec13Mar14Jun14Sep14Dec14Mar15Jun15Sep15
ev2ebitda 12.5612.0317.3513.4911.3211.319.569.1211.179.54
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