EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, T. Rowe Price Group's Enterprise Value is $22,565 Mil.
T. Rowe Price Group's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $2,038 Mil. Therefore, T. Rowe Price Group's EV-to-EBIT for today is 11.07.
The historical rank and industry rank for T. Rowe Price Group's EV-to-EBIT or its related term are showing as below:
TROW'
s EV-to-EBIT Range Over the Past 10 Years
Min: 6.47 Med: 11.02 Max: 14.86
Current: 11.07
During the past 13 years, the highest EV-to-EBIT of T. Rowe Price Group was 14.86. The lowest was 6.47. And the median was 11.02.
TROW's EV-to-EBIT is ranked worse than 54.51% of 499
companies
in the Asset Management industry
Industry Median: 9.69
vs TROW: 11.07
Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. T. Rowe Price Group's Enterprise Value for the quarter that ended in Dec. 2023 was $23,144 Mil.
T. Rowe Price Group's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $2,038 Mil. T. Rowe Price Group's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 8.81%.
T. Rowe Price Group EV-to-EBIT Historical Data
The historical data trend for T. Rowe Price Group'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.
T. Rowe Price Group Annual Data
Trend
Dec14
Dec15
Dec16
Dec17
Dec18
Dec19
Dec20
Dec21
Dec22
Dec23
EV-to-EBIT
11.79
12.41
12.14
9.57
11.36
T. Rowe Price Group Quarterly Data
Mar19
Jun19
Sep19
Dec19
Mar20
Jun20
Sep20
Dec20
Mar21
Jun21
Sep21
Dec21
Mar22
Jun22
Sep22
Dec22
Mar23
Jun23
Sep23
Dec23
EV-to-EBIT
9.57
11.73
12.25
10.77
11.36
Competitive Comparison
For the Asset Management subindustry, T. Rowe Price Group'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.
T. Rowe Price Group EV-to-EBIT Distribution
For the Asset Management industry and Financial Services sector, T. Rowe Price Group's EV-to-EBIT distribution charts can be found below:
* The bar in red indicates where T. Rowe Price Group's EV-to-EBIT falls into.
T. Rowe Price Group EV-to-EBIT Calculation
T. Rowe Price Group's EV-to-EBIT for today is calculated as:
T. Rowe Price Group's current Enterprise Value is $22,565 Mil.
T. Rowe Price Group's EBIT 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 $2,038 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.
T. Rowe Price Group (NAS:TROW) 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.
T. Rowe Price Group's Enterprise Value for the quarter that ended in Dec. 2023 was $23,144 Mil.
T. Rowe Price Group's EBIT 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 $2,038 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.
T. Rowe Price Group EV-to-EBIT Related Terms
Thank you for viewing the detailed overview of T. Rowe Price Group's EV-to-EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.
T. Rowe Price Group (T. Rowe Price Group) Business Description
T. Rowe Price provides asset-management services for individual and institutional investors. It offers a broad range of no-load U.S. and international stock, hybrid, bond, and money market funds. At the end of October 2023, the firm had $1.312 trillion in managed assets, composed of equity (51%), balanced (33%), fixed-income and money market (13%), and alternatives (3%) offerings. Approximately two thirds of the company's managed assets are held in retirement-based accounts, which provides T. Rowe Price with a somewhat stickier client base than most of its peers. The firm also manages private accounts, provides retirement planning advice, and offers discount brokerage and trust services. The company is primarily a U.S.-based asset manager, deriving just over 9% of its AUM from overseas.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
TROW has been successfully added to your 