Bancorp 34 Inc EV/EBIT
What is the EV/EBIT of Bancorp 34 Inc?
The EV/EBIT of Bancorp 34 Inc is 32.33
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 Finance sector on NASDAQ compared to Bancorp 34 Inc
What does Bancorp 34 Inc do?
the rewards and successes of those willing to stand independent are evident. since 1934, we’ve been standing independent and achieving these same successes while working to help our clients to do the same. we’re a local bank dedicated to truly helping you realize your passion of individualism and innovation, and reap the rewards of your creative efforts. our genuine attention to customer care has been shaped by our own lessons learned from what it takes to remain authentic in a world of large banks. we’re proud to stand independent, and feel privileged to help you do the same.
Companies with ev/ebit similar to Bancorp 34 Inc
- BlackRock Massachusetts Tax-Exempt Trust has EV/EBIT of 32.21
- Maverix Metals has EV/EBIT of 32.21
- Eaton Vance California Municipal Income Trust has EV/EBIT of 32.21
- Seplat Petroleum Development Co has EV/EBIT of 32.22
- Blue Star has EV/EBIT of 32.25
- Genus Paper & Boards has EV/EBIT of 32.26
- Bancorp 34 Inc has EV/EBIT of 32.33
- City Office REIT Inc has EV/EBIT of 32.38
- St. Joe Co has EV/EBIT of 32.39
- Varun Beverages has EV/EBIT of 32.39
- Kokuyo Camlin has EV/EBIT of 32.40
- KLA has EV/EBIT of 32.41
- Gartner has EV/EBIT of 32.44