Ethos (NSE:ETHOSLTD) EV-to-EBITDA: 27.09 (As of Sep. 06, 2026) — Near Median

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NSE:ETHOSLTD Ethos Ltd NSE:ETHOSLTD
95 GF Score
Price ₹2,792.80
GF Value ₹3,594.38
Valuation Modestly Undervalued
! 3 Warning Signs
View Full Analysis

What is Ethos EV-to-EBITDA?

Ethos NSE:ETHOSLTD -0.01% 95 EV-to-EBITDA is 27.09 as of Sep. 06, 2026, which is 4% below its 10-year median of 28.29. GuruFocus rates NSE:ETHOSLTD with a GF Score™ of 95/100 and a GF Value™ of ₹3,594.38 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 960 Retail - Cyclical companies, Ethos ranks worse than 86.67% on this metric.

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Ethos's enterprise value is ₹73,129 Mil. Ethos's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 was ₹2,699 Mil. Therefore, Ethos's EV-to-EBITDA for today is 27.09.

The historical rank and industry rank for Ethos's EV-to-EBITDA or its related term are showing as below:

NSE:ETHOSLTD' s EV-to-EBITDA Range Over the Past 10 Years
Min: 14.67   Med: 28.29   Max: 42.89
Current: 27.09

During the past 8 years, the highest EV-to-EBITDA of Ethos was 42.89. The lowest was 14.67. And the median was 28.29.

NSE:ETHOSLTD's EV-to-EBITDA is ranked worse than
86.67% of 960 companies
in the Retail - Cyclical industry
Industry Median: 8.715 vs NSE:ETHOSLTD: 27.09

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.

As of today (2026-09-06), Ethos's stock price is ₹2792.80. Ethos's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 was ₹38.950. Therefore, Ethos's PE Ratio (TTM) for today is 71.70.

The "classic" EV-to-EBITDA is much better in capturing debt and net cash than the PE Ratio (TTM).


Ethos  (NSE:ETHOSLTD) 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.

Ethos's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=2792.80/38.950
=71.70

Ethos's share price for today is ₹2792.80.
Ethos's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹38.950.

* 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).

Please read Which price ratio outperforms the enterprise multiple?


Ethos EV-to-EBITDA Related Terms


Ethos EV-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Ethos'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.

Ethos EV-to-EBITDA Chart

Ethos Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
EV-to-EBITDA
Get a 7-Day Free Trial 0.00 16.56 34.89 29.04 22.92

Ethos Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
EV-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 30.26 28.49 33.54 22.92 24.36

NSE:ETHOSLTD vs TPR: EV-to-EBITDA Comparison

For the Luxury Goods subindustry, Ethos'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.


Ethos EV-to-EBITDA vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Ethos's EV-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Ethos's EV-to-EBITDA falls into.


NSE:ETHOSLTD
95GF Score
Ethos Ltd NSE:ETHOSLTD
EV-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ethos EV-to-EBITDA Calculation

Ethos's EV-to-EBITDA for today is calculated as:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=73128.688/2699.258
=27.09

Ethos's current Enterprise Value is ₹73,129 Mil.
Ethos's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹2,699 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.

Frequently Asked Questions Learn more about EV-to-EBITDA →
What does a EV-to-EBITDA of 27.09 mean?
Ethos (NSE:ETHOSLTD) has a EV-to-EBITDA of 27.09 as of Sep. 06, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Ethos. This is near median its historical median of 28.29. Over the past decade, Ethos' EV-to-EBITDA has ranged from 14.67 to 42.89. According to the industry distribution chart, Ethos ranks #832 out of 960 companies in the Retail - Cyclical industry, placing it in the top 86.7%.
Is Ethos' EV-to-EBITDA too high?
Ethos' current EV-to-EBITDA of 27.09 is near median its 10-year median of 28.29. Over the past 10 years, this metric has ranged from a low of 14.67 to a high of 42.89. The Retail - Cyclical industry median EV-to-EBITDA is 8.72. Ethos' value of 27.09 is 210.8% above this industry median. Based on the distribution chart, Ethos ranks #832 out of 960 companies in the Retail - Cyclical industry, which is in the bottom quartile relative to peers. Overall, Ethos has a GF Score™ of 95/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ethos' EV-to-EBITDA compare to TPR?
According to the Retail - Cyclical industry distribution chart, Ethos ranks #832 out of 960 companies for EV-to-EBITDA. This places Ethos in the lower half of its industry. The industry median EV-to-EBITDA is 8.72. Ethos' value of 27.09 is 210.8% above this benchmark. Historically, Ethos' own EV-to-EBITDA has ranged from 14.67 to 42.89 over the past decade. While the company's 10-year median is 28.29 vs. the industry median of 8.72, Ethos has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-EBITDA for a Retail - Cyclical company?
The median EV-to-EBITDA among Retail - Cyclical companies is 8.72, based on 960 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Ethos's current EV-to-EBITDA of 27.09 is 210.8% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-EBITDA mean?
A high EV-to-EBITDA can signal that a stock is expensive relative to its fundamentals. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Ethos. For the Retail - Cyclical industry, the median EV-to-EBITDA is 8.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ethos's current EV-to-EBITDA is 27.09, which is near median its own 10-year median of 28.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ethos stock overvalued right now?
Based on GuruFocus' analysis, Ethos (NSE:ETHOSLTD) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹3,594.38, compared to a current price of ₹2,792.80 — trading 22.3% below its estimated fair value. The current EV-to-EBITDA is 27.09, which is near median its 10-year median of 28.29 and 210.8% above the Retail - Cyclical industry median of 8.72. Ethos' overall GF Score™ is 95/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBITDA calculated?
EV-to-EBITDA is calculated from a company's financial statements. For Ethos (NSE:ETHOSLTD), the current EV-to-EBITDA is 27.09 as of Sep. 06, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Ethos (NSE:ETHOSLTD) Overvalued in 2026?

Based on GuruFocus' analysis, Ethos stock appears to be undervalued. The current stock price of ₹2,792.80 is trading 22.3% below its estimated GF Value™ of ₹3,594.38. GuruFocus considers Ethos to be Modestly Undervalued.

Key valuation signals for NSE:ETHOSLTD:

  • EV-to-EBITDA: 27.09 (near median its 10-year median of 28.29)
  • GF Value™: ₹3,594.38 vs. price of ₹2,792.80 (22.3% below fair value)
  • GF Score™: 95/100 with 3 warning signs
  • Industry Position: 210.8% above the Retail - Cyclical median (#832 of 960)

No single metric tells the full story. See the NSE:ETHOSLTD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ethos Business Description

Other Exchanges 543532:India
Address MG Road, Virendra Gram, First Floor, Global Gateway Towers A, Guru Dronacharya Metro Station, Gurugram, HR, IND, 122 002
Ethos Ltd is a luxury and premium watch retailer. The company's portfolio of premium and luxury watches includes brands like Omega, IWC Schaffhausen, Jaeger LeCoultre, Panerai, Bvlgari, H. Moser & Cie, Rado, Longines, Baume & Mercier, Oris SA, Corum, Carl F. Bucherer, Tissot, Raymond Weil, Louis Moinet, Balmain, and many more. The company also offers an omnichannel experience through its website and social media platforms.
95GF Score

Get the complete analysis for NSE:ETHOSLTD

EV-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹2,792.80
Price
₹3,594.38
GF Value