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Greenlight Capital Re (Greenlight Capital Re) EV-to-EBITDA

: 4.76 (As of Today)
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EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Greenlight Capital Re's enterprise value is $452.2 Mil. Greenlight Capital Re's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 was $94.9 Mil. Therefore, Greenlight Capital Re's EV-to-EBITDA for today is 4.76.

The historical rank and industry rank for Greenlight Capital Re's EV-to-EBITDA or its related term are showing as below:

GLRE' s EV-to-EBITDA Range Over the Past 10 Years
Min: -45.66   Med: 4.77   Max: 81.47
Current: 4.76

During the past 13 years, the highest EV-to-EBITDA of Greenlight Capital Re was 81.47. The lowest was -45.66. And the median was 4.77.

GLRE's EV-to-EBITDA is ranked better than
66.67% of 327 companies
in the Insurance industry
Industry Median: 7.29 vs GLRE: 4.76

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 (2024-04-18), Greenlight Capital Re's stock price is $12.31. Greenlight Capital Re's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023 was $2.390. Therefore, Greenlight Capital Re's PE Ratio for today is 5.15.

The "classic" EV-to-EBITDA is much better in capturing debt and net cash than the PE Ratio.


Greenlight Capital Re EV-to-EBITDA Historical Data

The historical data trend for Greenlight Capital Re'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.

* Premium members only.

Greenlight Capital Re Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EV-to-EBITDA
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 86.44 26.35 7.31 9.20 4.48

Greenlight Capital Re Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
EV-to-EBITDA 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 Premium Member Only Premium Member Only Premium Member Only 9.20 7.53 4.67 3.77 4.48

Competitive Comparison

For the Insurance - Reinsurance subindustry, Greenlight Capital Re'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.


Greenlight Capital Re EV-to-EBITDA Distribution

For the Insurance industry and Financial Services sector, Greenlight Capital Re's EV-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Greenlight Capital Re's EV-to-EBITDA falls into.



Greenlight Capital Re EV-to-EBITDA Calculation

Greenlight Capital Re's EV-to-EBITDA for today is calculated as:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=452.198/94.902
=4.76

Greenlight Capital Re's current Enterprise Value is $452.2 Mil.
Greenlight Capital Re'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 $94.9 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.


Greenlight Capital Re  (NAS:GLRE) 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 to determine the fair market value of a company.

Greenlight Capital Re's PE Ratio for today is calculated as:

PE Ratio=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=12.31/2.390
=5.15

Greenlight Capital Re's share price for today is $12.31.
Greenlight Capital Re's Earnings per Share (Diluted) 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 $2.390.

* 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.

Please read Which price ratio outperforms the enterprise multiple?


Greenlight Capital Re EV-to-EBITDA Related Terms

Thank you for viewing the detailed overview of Greenlight Capital Re's EV-to-EBITDA provided by GuruFocus.com. Please click on the following links to see related term pages.


Greenlight Capital Re (Greenlight Capital Re) Business Description

Traded in Other Exchanges
Address
65 Market Street, Suite 1207, P.O. Box 31110, Camana Bay, Grand Cayman, CYM, KY1-1205
Greenlight Capital Re Ltd offers property and casualty reinsurance. Its customers are property and casualty insurers, and Greenlight takes on some of their risk in exchange for insurance premiums. It operates through one operating segment: property and casualty reinsurance. It generates revenue through premiums from reinsurance on property and casualty business assumed, and income from investments. Most of the revenue is generated from policies written in the United States and the Caribbean.
Executives
David Einhorn director, 10 percent owner 140 EAST 45TH STREET, 24TH FLOOR, NEW YORK NY 10017
Ian Isaacs director 65 MARKET STREET, SUITE 1207,, CAMANA BAY, P.O. BOX 31110,, GRAND CAYMAN, E9 E9 KY1-1205
David Sigmon officer: General Counsel 65 MARKET ST., SUITE 1207, JASMINE CT, CAMANA BAY, P.O. BOX 31110, GRAND CAYMAN E9 KY1-1205
Brian Joseph Oreilly officer: Head of Innovations 65 MARKET ST., SUITE 1207, JASMINE COURT, CAMANA BAY, P.O. BOX 3111, GRAND CAYMAN E9 KY1-1205
Richard Paul Strommer officer: Chief Actuary GREENLIGHT REINSURANCE, LTD., 65 MARKET ST., SUITE 1207, JASMINE COURT, CAMANA BAY, GRAND CAYMAN E9 KY1-1205
Johnny Ferrari director PO BOX 493, GEORGE TOWN E9 KY1 1106
Victoria W Guest director RAM RE HOUSE, 46 REID STREET, HAMILTON D0 HM 12
Ursuline F Foley director 239 WASHINGTON STREET, JERSEY CITY NJ 07302
Daniel Roitman other: Alternate Director 140 EAST 45TH STREET, 24TH FLOOR, NEW YORK NY 10017
Faramarz Romer officer: Reporting & Compliance Officer 65 MARKET STREET, SUITE 1207,, CAMANA BAY, P.O. BOX 31110, GRAND CAYMAN, E9 E9 KY1-1205
Neil W Greenspan officer: Chief Accounting Officer C/O MONTPELIER RE HOLDINGS LTD., MINTFLOWER PLACE 8 PAR-LA-VILLE ROAD, HAMILTON D0 HM 08
Thomas James Curnock officer: Chief Risk Officer 65 MARKET STREET, SUITE 1207, CAMANA BAY, P.O. BOX 31110, GEORGE TOWN E9 KY11205
Leonard R Goldberg director, officer: Chief Executive Officer 802 WEST BAY ROAD, THE GRAND PAVILION, P.O. BOX 31110, GRAND CAYMAN E9 KY1-1205
Barry Brendan officer: Chief Underwriting Officer 65 MARKET STREET, SUITE 1207,, CAMANA BAY, P.O. BOX 31110, GEORGE TOWN E9 KY11205
Laura Accurso officer: GENERAL COUNSEL 65 MARKET STREET, SUITE 1207, CAMANA BAY, P.O. BOX 31110, GEORGE TOWN E9 KY11205