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Central Reinsurance (TPE:2851) EV-to-EBITDA : 3.43 (As of May. 11, 2024)


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What is Central Reinsurance EV-to-EBITDA?

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Central Reinsurance's enterprise value is NT$10,497 Mil. Central Reinsurance's EBITDA for the trailing twelve months (TTM) ended in Mar. 2024 was NT$3,061 Mil. Therefore, Central Reinsurance's EV-to-EBITDA for today is 3.43.

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

TPE:2851' s EV-to-EBITDA Range Over the Past 10 Years
Min: -182.12   Med: -2.09   Max: 3.43
Current: 3.43

During the past 13 years, the highest EV-to-EBITDA of Central Reinsurance was 3.43. The lowest was -182.12. And the median was -2.09.

TPE:2851's EV-to-EBITDA is ranked better than
77.13% of 328 companies
in the Insurance industry
Industry Median: 7.315 vs TPE:2851: 3.43

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 (2024-05-11), Central Reinsurance's stock price is NT$28.45. Central Reinsurance's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2024 was NT$3.138. Therefore, Central Reinsurance's PE Ratio for today is 9.07.

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


Central Reinsurance EV-to-EBITDA Historical Data

The historical data trend for Central Reinsurance'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.

Central Reinsurance EV-to-EBITDA Chart

Central Reinsurance Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EV-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.58 -0.89 0.09 -183.01 1.57

Central Reinsurance Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
EV-to-EBITDA Get a 7-Day Free Trial 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 -57.43 -1.35 1.03 1.57 2.45

Competitive Comparison of Central Reinsurance's EV-to-EBITDA

For the Insurance - Reinsurance subindustry, Central Reinsurance'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.


Central Reinsurance's EV-to-EBITDA Distribution in the Insurance Industry

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

* The bar in red indicates where Central Reinsurance's EV-to-EBITDA falls into.



Central Reinsurance EV-to-EBITDA Calculation

Central Reinsurance's EV-to-EBITDA for today is calculated as:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=10496.841/3060.705
=3.43

Central Reinsurance's current Enterprise Value is NT$10,497 Mil.
Central Reinsurance's EBITDA for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was NT$3,061 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.


Central Reinsurance  (TPE:2851) 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.

Central Reinsurance's PE Ratio for today is calculated as:

PE Ratio=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=28.45/3.138
=9.07

Central Reinsurance's share price for today is NT$28.45.
Central Reinsurance's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was NT$3.138.

* 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?


Central Reinsurance EV-to-EBITDA Related Terms

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


Central Reinsurance (TPE:2851) Business Description

Traded in Other Exchanges
N/A
Address
Section 2, Nanjing East Road, 12th Floor, No. 53, Zhongshan District, Taipei, TWN, 10457
Central Reinsurance Corp is an insurance company providing a range of property and life inward and outward reinsurance services. Central Reinsurance offers reinsurance protection on non-life insurance businesses, including fire, marine and aviation, casualty, motor, engineering, and residential earthquake insurance; and life insurance business including life, personal accident, and health insurance. The main source of revenue for the company is premiums and commission income.

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