Noble EV/EBIT
What is the EV/EBIT of Noble?
The EV/EBIT of Noble Energy, Inc. is N/A
What is the definition of EV/EBIT?
Enterprise value to earnings before interest and taxes (EV/EBIT) is a financial ratio used to measure if a stock is priced appropriately to similar stocks and the market. It is similar to the P/E ratio.
ttm (trailing twelve months)
The EV/EBIT ratio addresses some of the shortcomings of the P/E ratio. Instead of taking market capitalization, the ratio uses enterprise value, as it takes into account the true value of the company. Enterprise value includes both equity and debt. It is calculated as:
Enterprise value = market cap + total debt – cash and cash equivalents
The EV/EBIT ratio is useful in comparing peers within the wider market. A high EV/EBIT ratio indicates that a company’s stock is overvalued. On the opposite, a low EV/EBIT ratio indicates that a company’s stock is undervalued. The lower the ratio, the more financially stable a company should be. However, investors and analyst should use other ratios and information to get a full picture of a company’s financial state and actual value.
EV/EBIT of companies in the Energy sector on NASDAQ compared to Noble
What does Noble do?
Noble Energy, Inc. operates as an exploration and production company. It engages in the acquisition, exploration and development of crude oil and natural gas. The firm operates through the following geographical segments: United States, Eastern Mediterranean, West Africa, Other International and Midstream. The United States segment consists of U.S. onshore and Gulf of Mexico. The Eastern Mediterranean segment includes Israel and Cyprus. The West Africa segment comprises of Equatorial Guinea, Cameroon, and Gabon. The Other International segment is composed of Newfoundland, Suriname, and other new ventures. The Midstream segment owns, operates, develops, and acquires domestic midstream infrastructure assets with current focus areas being the DJ and Delaware Basins. The company was founded by Lloyd Noble in 1932 and is headquartered in Houston, TX.
Companies with ev/ebit similar to Noble
- CL Educate has EV/EBIT of N/A
- Shyam Telecom has EV/EBIT of N/A
- BIT Mining Ltd has EV/EBIT of N/A
- Pacific Biosciences of California Inc has EV/EBIT of N/A
- TPI Composites Inc has EV/EBIT of N/A
- Northstar Gold has EV/EBIT of N/A
- Noble has EV/EBIT of N/A
- Rex Resources has EV/EBIT of N/A
- ElectroCore Inc has EV/EBIT of N/A
- Ashok Alco-Chem has EV/EBIT of N/A
- Flow Beverage has EV/EBIT of N/A
- Northern Lights Resources has EV/EBIT of N/A
- Pure Gold Mining has EV/EBIT of N/A