TENB (Tenable Holdings) EV-to-EBITDA: 46.59 (As of Aug. 06, 2026)

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TENB Tenable Holdings Inc TENB
76 GF Score
Price $35.98
GF Value $47.46
Valuation Modestly Undervalued
! 3 Warning Signs
View Full Analysis

What is Tenable Holdings EV-to-EBITDA?

Tenable Holdings TENB +0.22% 76 EV-to-EBITDA is 46.59 as of Aug. 06, 2026. GuruFocus rates TENB with a GF Score™ of 76/100 and a GF Value™ of $47.46 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,959 Software companies, Tenable Holdings ranks worse than 86.22% on this metric.

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Tenable Holdings's enterprise value is $4,093 Mil. Tenable Holdings's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 was $88 Mil. Therefore, Tenable Holdings's EV-to-EBITDA for today is 46.59.

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

TENB' s EV-to-EBITDA Range Over the Past 10 Years
Min: -669.7   Med: -39.06   Max: 1928.44
Current: 46.59

During the past 10 years, the highest EV-to-EBITDA of Tenable Holdings was 1928.44. The lowest was -669.70. And the median was -39.06.

TENB's EV-to-EBITDA is ranked worse than
86.22% of 1959 companies
in the Software industry
Industry Median: 10.6 vs TENB: 46.59

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 (2026-08-06), Tenable Holdings's stock price is $35.98. Tenable Holdings's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 was $0.050. Therefore, Tenable Holdings's PE Ratio (TTM) for today is 719.60.

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


Tenable Holdings  (NAS:TENB) 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.

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

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=35.98/0.050
=719.60

Tenable Holdings's share price for today is $35.98.
Tenable Holdings'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 $0.050.

* 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?


Tenable Holdings EV-to-EBITDA Related Terms


Tenable Holdings EV-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Tenable Holdings'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.

Tenable Holdings EV-to-EBITDA Chart

Tenable Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only -219.18 -94.48 -595.84 98.53 59.01

Tenable Holdings 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 96.25 69.12 59.01 27.88 47.67

TENB vs CLBT, PAY, BLSH: EV-to-EBITDA Comparison

For the Software - Infrastructure subindustry, Tenable Holdings'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.


Tenable Holdings EV-to-EBITDA vs Software Industry

For the Software industry and Technology sector, Tenable Holdings's EV-to-EBITDA distribution charts can be found below:

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


TENB
76GF Score
Tenable Holdings Inc TENB
EV-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tenable Holdings EV-to-EBITDA Calculation

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

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=4092.888/87.845
=46.59

Tenable Holdings's current Enterprise Value is $4,093 Mil.
Tenable Holdings'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 $88 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 46.59 mean?
Tenable Holdings (TENB) has a EV-to-EBITDA of 46.59 as of Aug. 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 Tenable Holdings. According to the industry distribution chart, Tenable Holdings ranks #1689 out of 1959 companies in the Software industry, placing it in the top 86.2%.
Is Tenable Holdings' EV-to-EBITDA too high?
Tenable Holdings' current EV-to-EBITDA is 46.59. The Software industry median EV-to-EBITDA is 10.60. Tenable Holdings' value of 46.59 is 339.5% above this industry median. Based on the distribution chart, Tenable Holdings ranks #1689 out of 1959 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Tenable Holdings has a GF Score™ of 76/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Tenable Holdings' EV-to-EBITDA compare to CLBT and PAY?
According to the Software industry distribution chart, Tenable Holdings ranks #1689 out of 1959 companies for EV-to-EBITDA. This places Tenable Holdings in the lower half of its industry. The industry median EV-to-EBITDA is 10.60. Tenable Holdings' value of 46.59 is 339.5% above this benchmark. 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 Software company?
The median EV-to-EBITDA among Software companies is 10.60, based on 1,959 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. Tenable Holdings's current EV-to-EBITDA of 46.59 is 339.5% 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 Tenable Holdings. For the Software industry, the median EV-to-EBITDA is 10.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tenable Holdings's current EV-to-EBITDA is 46.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tenable Holdings stock overvalued right now?
Based on GuruFocus' analysis, Tenable Holdings (TENB) is currently considered Modestly Undervalued. The stock's GF Value™ is $47.46, compared to a current price of $35.98 — trading 24.2% below its estimated fair value. The current EV-to-EBITDA is 46.59 and 339.5% above the Software industry median of 10.60. Tenable Holdings' overall GF Score™ is 76/100 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 Tenable Holdings (TENB), the current EV-to-EBITDA is 46.59 as of Aug. 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 Tenable Holdings (TENB) Overvalued in 2026?

Based on GuruFocus' analysis, Tenable Holdings stock appears to be undervalued. The current stock price of $35.98 is trading 24.2% below its estimated GF Value™ of $47.46. GuruFocus considers Tenable Holdings to be Modestly Undervalued.

Key valuation signals for TENB:

  • EV-to-EBITDA: 46.59
  • GF Value™: $47.46 vs. price of $35.98 (24.2% below fair value)
  • GF Score™: 76/100 with 3 warning signs
  • Industry Position: 339.5% above the Software median (#1689 of 1959)

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


Tenable Holdings Business Description

Address 6100 Merriweather Drive, 12th Floor, Columbia, MD, USA, 21044
Founded in 2002, Tenable is a cybersecurity company that began providing vulnerability management solutions under its Nessus software. In recent years, Tenable has expanded its portfolio to provide a broader range of exposure management modules. Solutions include cloud security and compliance, active directory management, operational technology security and advanced vulnerability analytics. The Maryland-based company went public in 2018.
76GF Score

Get the complete analysis for TENB

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

$35.98
Price
$47.46
GF Value