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GuruFocus has detected 3 Warning Signs with Zions Bancorp $ZION.
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Zions Bancorp (NAS:ZION)
EV-to-EBITDA
8.79 (As of Today)

EV/EBITDA ratio is calculated as enterprise value divided by its EBITDA. As of today, Zions Bancorp's enterprise value is $7,278 Mil. Zions Bancorp's earnings before depreciation and amortization for the trailing twelve months (TTM) ended in Dec. 2016 was $828 Mil. Therefore, Zions Bancorp's EV/EBITDA ratio for today is 8.79.

ZION' s EV-to-EBITDA Range Over the Past 10 Years
Min: -92.4   Max: 32
Current: 8.8

-92.4
32

During the past 13 years, the highest EV/EBITDA Ratio of Zions Bancorp was 32.00. The lowest was -92.40. And the median was 1.10.

ZION's EV-to-EBITDA is ranked higher than
56% of the 1576 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 10.00 vs. ZION: 8.80 )

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 Bancorp's stock price is $40.42. Zions Bancorp's earnings per share for the trailing twelve months (TTM) ended in Dec. 2016 was $1.99. Therefore, Zions Bancorp's P/E Ratio for today is 20.31.

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


Definition

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

EV/EBITDA=Enterprise Value (Today)/Earnings Before Depreciation and Amortization (TTM)
=7278.212/827.994
=8.79

Zions Bancorp's current Enterprise Value is $7,278 Mil.
Zions Bancorp's Earnings Before Depreciation and Amortization for the trailing twelve months (TTM) ended in Dec. 2016 was 172.621 (Mar. 2016 ) + 219.477 (Jun. 2016 ) + 241.815 (Sep. 2016 ) + 194.081 (Dec. 2016 ) = $828 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.

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

P/E Ratio=Share Price (Today)/Earnings Per Share (TTM)
=40.42/1.99
=20.31

Zions Bancorp's share price for today is $40.42.
Zions Bancorp's Earnings Per Share for the trailing twelve months (TTM) ended in Dec. 2016 was 0.38 (Mar. 2016 ) + 0.44 (Jun. 2016 ) + 0.57 (Sep. 2016 ) + 0.6 (Dec. 2016 ) = $1.99.

* 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.

Zions Bancorp Annual Data

Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15Dec16
ev2ebitda 10.1629.58-2.54-101.70-1.11-0.57-1.00-0.200.599.47

Zions Bancorp Quarterly Data

Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16Dec16
ev2ebitda -0.07-0.200.100.200.830.595.685.517.349.47
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