EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Globe Life's enterprise value is $11,476 Mil.
Globe Life's EBITDA for the trailing twelve months (TTM) ended in Sep. 2024 was $1,468 Mil. Therefore, Globe Life's EV-to-EBITDA for today is 7.82.
The historical rank and industry rank for Globe Life's EV-to-EBITDA or its related term are showing as below:
GL'
s EV-to-EBITDA Range Over the Past 10 Years
Min: 5.89 Med: 10.91 Max: 13.85
Current: 7.82
During the past 13 years, the highest EV-to-EBITDA of Globe Life was 13.85. The lowest was 5.89. And the median was 10.91.
GL's EV-to-EBITDA is ranked worse than 54.49% of 323
companies
in the Insurance industry
Industry Median: 7.21
vs GL: 7.82
EV-to-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 PE Ratio to determine the fair market value of a company.
The "classic" EV-to-EBITDA is much better in capturing debt and net cash than the PE Ratio (TTM).
Globe Life EV-to-EBITDA Historical Data
The historical data trend for Globe Life's EV-to-EBITDA can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Competitive Comparison of Globe Life's EV-to-EBITDA
For the Insurance - Life subindustry, Globe Life's EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Globe Life's EV-to-EBITDA Distribution in the Insurance Industry
For the Insurance industry and Financial Services sector, Globe Life's EV-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Globe Life's EV-to-EBITDA falls into.
Globe Life EV-to-EBITDA Calculation
Globe Life's EV-to-EBITDA for today is calculated as:
Globe Life's current Enterprise Value is $11,476 Mil.
Globe Life's EBITDA for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $1,468 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Globe Life (NYSE:GL) EV-to-EBITDA Explanation
EV-to-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 PE Ratio (TTM) to determine the fair market value of a company.
Globe Life's share price for today is $105.42.
Globe Life's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $11.820.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio (TTM).
Thank you for viewing the detailed overview of Globe Life's EV-to-EBITDA provided by GuruFocus.com. Please click on the following links to see related term pages.
Globe Life Inc is an insurance holding company. It provides a variety of life and supplemental health insurance products and annuities to a broad base of customers. The company's core operations are organized into four reportable segments: life insurance, supplemental health insurance, annuities, and investments. Investment activities, conducted by the investment segment, focus on seeking investments with a yield and term appropriate to support the insurance product obligations. These investments generally consist of fixed maturities and, over the long term, the expected yields are considered when setting insurance premium rates and product profitability expectations.
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