Ocean Biomedical (Ocean Biomedical) EV-to-EBITDA : -0.74 (As of Jun. 25, 2024)

Ocean Biomedical EV-to-EBITDA Chart

Ocean Biomedical Quarterly Data
	Dec19	Mar20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
EV-to-EBITDA	Get a 7-Day Free Trial										-	-	-3.43	-3.04	-1.79

Competitive Comparison of Ocean Biomedical's EV-to-EBITDA

For the Biotechnology subindustry, Ocean Biomedical'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.

Ocean Biomedical's EV-to-EBITDA Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Ocean Biomedical's EV-to-EBITDA distribution charts can be found below:

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

Ocean Biomedical EV-to-EBITDA Calculation

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

Ocean Biomedical's current Enterprise Value is $60.18 Mil.
Ocean Biomedical's EBITDA for the trailing twelve months (TTM) ended in Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-81.06 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.

Ocean Biomedical  (NAS:OCEA) 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 to determine the fair market value of a company.

Ocean Biomedical's PE Ratio for today is calculated as:

Ocean Biomedical's share price for today is $1.42.
Ocean Biomedical's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-3.097.

* 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.

Please read Which price ratio outperforms the enterprise multiple?

Ocean Biomedical EV-to-EBITDA Related Terms

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Ocean Biomedical (Ocean Biomedical) Business Description