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Thomson ReutersTRI +0.96%81 EV-to-EBITDA is 14.38 as of Aug. 20, 2026, which is 32% below its 10-year median of 21.20. GuruFocus rates TRI with a GF Score™ of 81/100 and a GF Value™ of $189.80 (Significantly Undervalued). The stock has 1 warning sign investors should review. Among 901 Business Services companies, Thomson Reuters ranks worse than 78.14% on this metric.
EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Thomson Reuters's enterprise value is $48,149 Mil.
Thomson Reuters's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 was $3,348 Mil. Therefore, Thomson Reuters's EV-to-EBITDA for today is 14.38.
The historical rank and industry rank for Thomson Reuters's EV-to-EBITDA or its related term are showing as below:
TRI'
s EV-to-EBITDA Range Over the Past 10 Years
Min: 12.13 Med: 21.2 Max: 30.85
Current: 14.38
During the past 13 years, the highest EV-to-EBITDA of Thomson Reuters was 30.85. The lowest was 12.13. And the median was 21.20.
TRI's EV-to-EBITDA is ranked worse than 78.14% of 901
companies
in the Business Services industry
Industry Median: 7.61
vs TRI: 14.38
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.
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.
Thomson Reuters's PE Ratio (TTM) for today is calculated as:
Thomson Reuters's share price for today is $105.88.
Thomson Reuters'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 $3.773.
* 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).
The historical data trend for Thomson Reuters'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.
For the Specialty Business Services subindustry, Thomson Reuters'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.
Thomson Reuters EV-to-EBITDA vs Business Services Industry
For the Business Services industry and Industrials sector, Thomson Reuters's EV-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Thomson Reuters's EV-to-EBITDA falls into.
Thomson Reuters's current Enterprise Value is $48,149 Mil.
Thomson Reuters'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 $3,348 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.
Thomson Reuters (TRI) has a EV-to-EBITDA of 14.38 as of Aug. 20, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Thomson Reuters. This is 32% below median its historical median of 21.20. Over the past decade, Thomson Reuters' EV-to-EBITDA has ranged from 12.13 to 30.85. According to the industry distribution chart, Thomson Reuters ranks #704 out of 901 companies in the Business Services industry, placing it in the top 78.1%.
Is Thomson Reuters' EV-to-EBITDA too high?
Thomson Reuters' current EV-to-EBITDA of 14.38 is 32% below median its 10-year median of 21.20. Over the past 10 years, this metric has ranged from a low of 12.13 to a high of 30.85. The Business Services industry median EV-to-EBITDA is 7.61. Thomson Reuters' value of 14.38 is 89% above this industry median. Based on the distribution chart, Thomson Reuters ranks #704 out of 901 companies in the Business Services industry, which is in the bottom quartile relative to peers. Overall, Thomson Reuters has a GF Score™ of 81/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Thomson Reuters' EV-to-EBITDA compare to CTAS and CPRT?
According to the Business Services industry distribution chart, Thomson Reuters ranks #704 out of 901 companies for EV-to-EBITDA. This places Thomson Reuters in the lower half of its industry. The industry median EV-to-EBITDA is 7.61. Thomson Reuters' value of 14.38 is 89% above this benchmark. Historically, Thomson Reuters' own EV-to-EBITDA has ranged from 12.13 to 30.85 over the past decade. While the company's 10-year median is 21.20 vs. the industry median of 7.61, Thomson Reuters 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 Business Services company?
The median EV-to-EBITDA among Business Services companies is 7.61, based on 901 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. Thomson Reuters's current EV-to-EBITDA of 14.38 is 89% 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 Thomson Reuters. For the Business Services industry, the median EV-to-EBITDA is 7.61 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thomson Reuters's current EV-to-EBITDA is 14.38, which is 32% below median its own 10-year median of 21.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thomson Reuters stock overvalued right now?
Based on GuruFocus' analysis, Thomson Reuters (TRI) is currently considered Significantly Undervalued. The stock's GF Value™ is $189.80, compared to a current price of $105.88 — trading 44.2% below its estimated fair value. The current EV-to-EBITDA is 14.38, which is 32% below median its 10-year median of 21.20 and 89% above the Business Services industry median of 7.61. Thomson Reuters' overall GF Score™ is 81/100 with 1 warning sign 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 Thomson Reuters (TRI), the current EV-to-EBITDA is 14.38 as of Aug. 20, 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 Thomson Reuters (TRI) Overvalued in 2026?
Based on GuruFocus' analysis, Thomson Reuters stock appears to be undervalued.
The current stock price of $105.88 is trading 44.2% below its estimated GF Value™ of $189.80.
GuruFocus considers Thomson Reuters to be Significantly Undervalued.
Key valuation signals for TRI:
EV-to-EBITDA: 14.38 (32% below median its 10-year median of 21.20)
GF Value™: $189.80 vs. price of $105.88 (44.2% below fair value)
Industry Position: 89% above the Business Services median (#704 of 901)
No single metric tells the full story. See the TRI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Thomson Reuters is a leading global provider of business information services, delivering trusted data, technology, and expertise to professionals across legal, tax, accounting, risk, compliance, and the news and media sectors. Headquartered in Toronto, Canada, the company combines deep domain knowledge with data and software solutions to help clients make informed decisions, manage complexity, and drive efficiency. Thomson Reuters serves legal and accounting/tax professionals, corporations, and governments worldwide, but around 75% of revenue is generated in the US. The company is known for flagship products such as Westlaw, UltraTax CS, and Reuters News.
81GF Score
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EV-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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