EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, IonQ's enterprise value is CHF13,227.7 Mil.
IonQ's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was CHF-711.0 Mil. Therefore, IonQ's EV-to-EBITDA for today is -18.61.
The historical rank and industry rank for IonQ's EV-to-EBITDA or its related term are showing as below:
XSWX:IONQ'
s EV-to-EBITDA Range Over the Past 10 Years
Min: -155.93 Med: -21.62 Max: -4.98
Current: -22.99
During the past 6 years, the highest EV-to-EBITDA of IonQ was -4.98. The lowest was -155.93. And the median was -21.62.
XSWX:IONQ's EV-to-EBITDA is ranked worse than 100% of 1884
companies
in the Hardware industry
Industry Median: 16.395
vs XSWX:IONQ: -22.99
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 (2026-07-04), IonQ's stock price is CHF40.785.
IonQ's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was CHF-0.280. Therefore, IonQ's PE Ratio (TTM) for today is At Loss.
The "classic" EV-to-EBITDA is much better in capturing debt and net cash than the PE Ratio (TTM).
IonQ (XSWX:IONQ) 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.
IonQ's share price for today is CHF40.785.
IonQ's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was CHF-0.280.
* 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 IonQ'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 Computer Hardware subindustry, IonQ'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.
IonQ EV-to-EBITDA vs Hardware Industry
For the Hardware industry and Technology sector, IonQ's EV-to-EBITDA distribution charts can be found below:
* The bar in red indicates where IonQ's EV-to-EBITDA falls into.
IonQ's current Enterprise Value is CHF13,227.7 Mil.
IonQ's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was CHF-711.0 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.
IonQ (XSWX:IONQ) has a EV-to-EBITDA of -18.61 as of Jul. 04, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on IonQ. According to the industry distribution chart, IonQ ranks #999999 out of 1884 companies in the Hardware industry.
Is IonQ's EV-to-EBITDA too high?
IonQ's current EV-to-EBITDA is -18.61. Based on the distribution chart, IonQ ranks #999999 out of 1884 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, IonQ has a GF Score™ of 52/100, reflecting its overall financial health beyond just this single metric.
How does IonQ's EV-to-EBITDA compare to ?
According to the Hardware industry distribution chart, IonQ ranks #999999 out of 1884 companies for EV-to-EBITDA. This places IonQ in the lower half of its industry. The industry median EV-to-EBITDA is 16.40. 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 Hardware company?
The median EV-to-EBITDA among Hardware companies is 16.40, based on 1,884 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. 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 IonQ. For the Hardware industry, the median EV-to-EBITDA is 16.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. IonQ's current EV-to-EBITDA is -18.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is IonQ stock overvalued right now?
IonQ (XSWX:IONQ) has a current EV-to-EBITDA of -18.61. The stock's GF Value™ is CHF78.42, compared to a current price of CHF40.79 — trading 48% below its estimated fair value. The current EV-to-EBITDA is -18.61. IonQ's overall GF Score™ is 52/100 with 4 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 IonQ (XSWX:IONQ), the current EV-to-EBITDA is -18.61 as of Jul. 04, 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 IonQ (XSWX:IONQ) Overvalued in 2026?
Based on GuruFocus' analysis, IonQ stock appears to be undervalued.
The current stock price of CHF40.79 is trading 48% below its estimated GF Value™ of CHF78.42.
Key valuation signals for XSWX:IONQ:
EV-to-EBITDA: -18.61
GF Value™: CHF78.42 vs. price of CHF40.79 (48% below fair value)
No single metric tells the full story. See the XSWX:IONQ stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
IonQ Inc sells access to several quantum computers of various qubit capacities and is in the process of researching and developing technologies for quantum computers with increasing computational capabilities. The company currently makes access to its quantum computers available via cloud platforms and also to select customers via its own cloud service. This cloud-based approach enables the broad availability of quantum-computing-as-a-service (QCaaS). The company derives its revenue from its quantum-computing-as-a-service arrangements, consulting services related to co-developing algorithms on company's quantum computing systems and contracts associated with the design, development, and construction of specialized quantum computing systems together with related services.
52GF Score
Get the complete analysis for XSWX:IONQ
EV-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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