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Tian Ruixiang Holdings (Tian Ruixiang Holdings) EV-to-EBIT : 11.45 (As of Apr. 28, 2024)


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What is Tian Ruixiang Holdings EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Tian Ruixiang Holdings's Enterprise Value is $-34.28 Mil. Tian Ruixiang Holdings's EBIT for the trailing twelve months (TTM) ended in Apr. 2023 was $-2.99 Mil. Therefore, Tian Ruixiang Holdings's EV-to-EBIT for today is 11.45.

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

TIRX' s EV-to-EBIT Range Over the Past 10 Years
Min: 1.53   Med: 6.77   Max: 1294.19
Current: 11.45

During the past 6 years, the highest EV-to-EBIT of Tian Ruixiang Holdings was 1294.19. The lowest was 1.53. And the median was 6.77.

TIRX's EV-to-EBIT is ranked worse than
64.35% of 317 companies
in the Insurance industry
Industry Median: 7.86 vs TIRX: 11.45

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Tian Ruixiang Holdings's Enterprise Value for the quarter that ended in Apr. 2023 was $-30.49 Mil. Tian Ruixiang Holdings's EBIT for the trailing twelve months (TTM) ended in Apr. 2023 was $-2.99 Mil. Tian Ruixiang Holdings's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Apr. 2023 was 9.82%.


Tian Ruixiang Holdings EV-to-EBIT Historical Data

The historical data trend for Tian Ruixiang Holdings's EV-to-EBIT 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.

Tian Ruixiang Holdings EV-to-EBIT Chart

Tian Ruixiang Holdings Annual Data
Trend Oct17 Oct18 Oct19 Oct20 Oct21 Oct22
EV-to-EBIT
Get a 7-Day Free Trial - - - -2.78 3.64

Tian Ruixiang Holdings Semi-Annual Data
Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23
EV-to-EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only - -2.78 - 3.64 -

Competitive Comparison of Tian Ruixiang Holdings's EV-to-EBIT

For the Insurance Brokers subindustry, Tian Ruixiang Holdings's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT 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.


Tian Ruixiang Holdings's EV-to-EBIT Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Tian Ruixiang Holdings's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Tian Ruixiang Holdings's EV-to-EBIT falls into.



Tian Ruixiang Holdings EV-to-EBIT Calculation

Tian Ruixiang Holdings's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=-34.279/-2.993
=11.45

Tian Ruixiang Holdings's current Enterprise Value is $-34.28 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Tian Ruixiang Holdings's EBIT for the trailing twelve months (TTM) ended in Apr. 2023 was $-2.99 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.


Tian Ruixiang Holdings  (NAS:TIRX) EV-to-EBIT Explanation

This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %.

Tian Ruixiang Holdings's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Apr. 2023 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Apr. 2023 ) =EBIT / Enterprise Value (Q: Apr. 2023 )
=-2.993/-30.4861738
=9.82 %

Tian Ruixiang Holdings's Enterprise Value for the quarter that ended in Apr. 2023 was $-30.49 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Tian Ruixiang Holdings's EBIT for the trailing twelve months (TTM) ended in Apr. 2023 was $-2.99 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.


Tian Ruixiang Holdings EV-to-EBIT Related Terms

Thank you for viewing the detailed overview of Tian Ruixiang Holdings's EV-to-EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.


Tian Ruixiang Holdings (Tian Ruixiang Holdings) Business Description

Traded in Other Exchanges
N/A
Address
North East Third Ring Road, Room 1001, 10 / F, No. 25, Chaoyang District, Beijing, CHN
Tian Ruixiang Holdings Ltd is an Insurance Brokerage firm. It distributes a wide range of insurance products, which are categorized into two groups; property and casualty insurance, such as commercial property insurance, liability insurance, accidental insurance, and automobile insurance; and other insurances, such as health insurance, life insurance, and miscellaneous insurances. It also generates a small amount of revenue from risk management services. The firm act on behalf of its customers seeking insurance coverage from insurance companies. It generates revenue from the provision of insurance brokerage services.

Tian Ruixiang Holdings (Tian Ruixiang Holdings) Headlines