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T. Rowe Price Group (BSP:T1RO34) Enterprise Value : R$125,773 Mil (As of Apr. 28, 2024)


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What is T. Rowe Price Group Enterprise Value?

Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, T. Rowe Price Group's Enterprise Value is R$125,773 Mil. T. Rowe Price Group's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was R$10,127 Mil. Therefore, T. Rowe Price Group's EV-to-EBIT ratio for today is 12.42.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, T. Rowe Price Group's Enterprise Value is R$125,773 Mil. T. Rowe Price Group's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 was R$12,505 Mil. Therefore, T. Rowe Price Group's EV-to-EBITDA ratio for today is 10.06.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, T. Rowe Price Group's Enterprise Value is R$125,773 Mil. T. Rowe Price Group's Revenue for the trailing twelve months (TTM) ended in Dec. 2023 was R$32,121 Mil. Therefore, T. Rowe Price Group's EV-to-Revenue ratio for today is 3.92.


T. Rowe Price Group Enterprise Value Historical Data

The historical data trend for T. Rowe Price Group's Enterprise Value 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.

* Premium members only.

T. Rowe Price Group Enterprise Value Chart

T. Rowe Price Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Enterprise Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 175,200.82 253,866.65 124,198.13 113,028.78

T. Rowe Price Group Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Enterprise Value 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 124,198.13 126,146.90 114,438.75 113,123.37 113,028.78

Competitive Comparison of T. Rowe Price Group's Enterprise Value

For the Asset Management subindustry, T. Rowe Price Group's Enterprise Value, along with its competitors' market caps and Enterprise Value 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.


T. Rowe Price Group's Enterprise Value Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, T. Rowe Price Group's Enterprise Value distribution charts can be found below:

* The bar in red indicates where T. Rowe Price Group's Enterprise Value falls into.



T. Rowe Price Group Enterprise Value Calculation

Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

T. Rowe Price Group's Enterprise Value for the fiscal year that ended in Dec. 2023 is calculated as

T. Rowe Price Group's Enterprise Value for the quarter that ended in Dec. 2023 is calculated as

* 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.


T. Rowe Price Group  (BSP:T1RO34) Enterprise Value Explanation

When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.

If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.

The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.

For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.

Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.

1. EV-to-EBIT is calculated as Enterprise Value divided by its EBIT.

T. Rowe Price Group's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=125772.948/10127.292
=12.42

T. Rowe Price Group's current Enterprise Value is R$125,773 Mil.
T. Rowe Price Group's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was R$10,127 Mil.

2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.

T. Rowe Price Group's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=125772.948/12504.947
=10.06

T. Rowe Price Group's current Enterprise Value is R$125,773 Mil.
T. Rowe Price Group's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was R$12,505 Mil.

3. EV-to-Revenue is calculated as Enterprise Value divided by its Revenue.

T. Rowe Price Group's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=125772.948/32120.729
=3.92

T. Rowe Price Group's current Enterprise Value is R$125,773 Mil.
T. Rowe Price Group's Revenue for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was R$32,121 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.


T. Rowe Price Group Enterprise Value Related Terms

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T. Rowe Price Group (BSP:T1RO34) Business Description

Address
100 East Pratt Street, Baltimore, MD, USA, 21202
T. Rowe Price provides asset-management services for individual and institutional investors. It offers a broad range of no-load U.S. and international stock, hybrid, bond, and money market funds. At the end of October 2023, the firm had $1.312 trillion in managed assets, composed of equity (51%), balanced (33%), fixed-income and money market (13%), and alternatives (3%) offerings. Approximately two thirds of the company's managed assets are held in retirement-based accounts, which provides T. Rowe Price with a somewhat stickier client base than most of its peers. The firm also manages private accounts, provides retirement planning advice, and offers discount brokerage and trust services. The company is primarily a U.S.-based asset manager, deriving just over 9% of its AUM from overseas.

T. Rowe Price Group (BSP:T1RO34) Headlines

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