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Zions Bancorporation (NAS:ZION)
EV/EBITDA
16.29 (As of Today)

EV/EBITDA ratio is calculated as enterprise value divided by its EBITDA. As of today, Zions Bancorporation's enterprise value is $8,864 Mil. Zions Bancorporation's earnings before depreciation and amortization for the trailing twelve months (TTM) ended in Dec. 2013 was $537 Mil. Therefore, Zions Bancorporation's EV/EBITDA ratio for today is 16.29.

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, Zions Bancorporation's stock price is $30.22. Zions Bancorporation's earnings per share for the trailing twelve months (TTM) ended in Dec. 2013 was $1.58. Therefore, Zions Bancorporation's P/E Ratio for today is 19.40.

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


Definition

Zions Bancorporation's EV/EBITDA for today is calculated as:

EV/EBITDA=Enterprise Value (Today)/Earnings Before Depreciation and Amortization (TTM)
=8864.320/537.048
=16.51

Zions Bancorporation's current Enterprise Value is $8,864 Mil.
Zions Bancorporation's Earnings Before Depreciation and Amortization for the trailing twelve months (TTM) ended in Dec. 2013 was 217.254 (Mar. 2013 ) + 171.643 (Jun. 2013 ) + 214.755 (Sep. 2013 ) + -66.604 (Dec. 2013 ) = $537 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.

Zions Bancorporation's P/E Ratio for today is calculated as:

P/E Ratio=Share Price (Today)/Earnings Per Share (TTM)
=30.22/1.577
=19.16

Zions Bancorporation's share price for today is $30.22.
Zions Bancorporation's Earnings Per Share for the trailing twelve months (TTM) ended in Dec. 2013 was 0.48 (Mar. 2013 ) + 0.3 (Jun. 2013 ) + 1.12 (Sep. 2013 ) + -0.323 (Dec. 2013 ) = $1.58.

* 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.

Zions Bancorporation Annual Data

Dec04Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13
ev2ebitda 10.259.549.8910.1529.582.071.07-1.03-0.57-1.01

Zions Bancorporation Quarterly Data

Sep11Dec11Mar12Jun12Sep12Dec12Mar13Jun13Sep13Dec13
ev2ebitda 1.07-1.03-0.86-1.670.84-0.572.06-0.18-1.66-1.01
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