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, Prudential Financial's Enterprise Value is $54,512 Mil.
Prudential Financial's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $4,838 Mil. Therefore, Prudential Financial's EV-to-EBIT ratio for today is 11.27.
EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Prudential Financial's Enterprise Value is $54,512 Mil.
Prudential Financial's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 was $4,768 Mil. Therefore, Prudential Financial's EV-to-EBITDA ratio for today is 11.43.
Prudential Financial Enterprise Value Historical Data
The historical data trend for Prudential Financial'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.
Competitive Comparison of Prudential Financial's Enterprise Value
For the Insurance - Life subindustry, Prudential Financial'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.
Prudential Financial's Enterprise Value Distribution in the Insurance Industry
For the Insurance industry and Financial Services sector, Prudential Financial's Enterprise Value distribution charts can be found below:
* The bar in red indicates where Prudential Financial's Enterprise Value falls into.
Prudential Financial 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.
Prudential Financial's Enterprise Value for the fiscal year 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.
Prudential Financial (NYSE:PRU) 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.
Prudential Financial's current Enterprise Value is $54,512 Mil.
Prudential Financial'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 $4,838 Mil.
2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.
Prudential Financial's current Enterprise Value is $54,512 Mil.
Prudential Financial'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 $4,768 Mil.
Prudential Financial's current Enterprise Value is $54,512 Mil.
Prudential Financial'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 $54,520 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.
Prudential Financial Enterprise Value Related Terms
Thank you for viewing the detailed overview of Prudential Financial's Enterprise Value provided by GuruFocus.com. Please click on the following links to see related term pages.
Prudential Financial (Prudential Financial) Business Description
Prudential Financial is a large, diversified insurance company offering annuities, life insurance, retirement plan services, and asset management products. While it operates in a number of countries, the vast majority of revenue is generated in the United States and Japan. The company's investment management business, PGIM, contributes approximately 15% of its earnings and has over $1.5 trillion in assets under management. The U.S. businesses are responsible for about 45% of earnings and can be classified into Institutional Retirement Strategies, Individual Retirement Strategies, Group Insurance, Individual Life Insurance, and Assurance IQ. Finally, the international business segment of the company contributes approximately 40% of earnings with a strong market position in Japan.
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