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Zions Bancorp (NAS:ZION)
EV/EBITDA
-1.66 (As of Today)

EV/EBITDA ratio is calculated as enterprise value divided by its EBITDA. As of today, Zions Bancorp's enterprise value is $-925 Mil. Zions Bancorp's earnings before depreciation and amortization for the trailing twelve months (TTM) ended in Jun. 2014 was $559 Mil. Therefore, Zions Bancorp's EV/EBITDA ratio for today is -1.66.

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 $29.14. Zions Bancorp's earnings per share for the trailing twelve months (TTM) ended in Jun. 2014 was $1.77. Therefore, Zions Bancorp's P/E Ratio for today is 16.50.

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)
=-925.302/558.558
=-1.66

Zions Bancorp's current Enterprise Value is $-925 Mil.
Zions Bancorp's Earnings Before Depreciation and Amortization for the trailing twelve months (TTM) ended in Jun. 2014 was 214.755 (Sep. 2013 ) + -66.604 (Dec. 2013 ) + 189.735 (Mar. 2014 ) + 220.672 (Jun. 2014 ) = $559 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 Bancorp's P/E Ratio for today is calculated as:

P/E Ratio=Share Price (Today)/Earnings Per Share (TTM)
=29.14/1.767
=16.49

Zions Bancorp's share price for today is $29.14.
Zions Bancorp's Earnings Per Share for the trailing twelve months (TTM) ended in Jun. 2014 was 1.12 (Sep. 2013 ) + -0.323 (Dec. 2013 ) + 0.41 (Mar. 2014 ) + 0.56 (Jun. 2014 ) = $1.77.

* 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 Bancorp Annual Data

Dec04Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13
ev2ebitda 10.259.549.8910.1529.582.071.07-1.03-0.54-1.07

Zions Bancorp Quarterly Data

Mar12Jun12Sep12Dec12Mar13Jun13Sep13Dec13Mar14Jun14
ev2ebitda -0.86-1.670.84-0.542.01-0.18-1.67-1.07-1.251.16
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