Reliance Capital EV/EBIT
What is the EV/EBIT of Reliance Capital?
The EV/EBIT of Reliance Capital Limited 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 Finance sector on NSE compared to Reliance Capital
What does Reliance Capital do?
Reliance Capital Limited, a non-banking financial company, primarily engages in lending and investing activities in India. It operates through Finance & Investment, General Insurance, Life Insurance, Commercial Finance, and Others segments. The company offers life, health, and general insurance products; brokerage and distribution services, including equities, commodities and derivatives, wealth management services, portfolio management services, and financial products; and commercial finance services, such mortgages, loans against property, SME loans, loans for vehicles, loans for construction equipment, business loans, infrastructure financing, and retail finance. It also provides asset reconstruction, and proprietary investments services, as well as other financial and allied services. The company was formerly known as Reliance Capital & Finance Trust Limited and changed its name to Reliance Capital Limited in January 1995. Reliance Capital Limited was incorporated in 1986 and is based in Mumbai, India.
Companies with ev/ebit similar to Reliance Capital
- Nuix Ltd has EV/EBIT of N/A
- Goldstar Minerals has EV/EBIT of N/A
- Guardant Health Inc has EV/EBIT of N/A
- nLIGHT Inc has EV/EBIT of N/A
- Remark Inc has EV/EBIT of N/A
- 9 Capital has EV/EBIT of N/A
- Reliance Capital has EV/EBIT of N/A
- Aptose Biosciences Inc has EV/EBIT of N/A
- Intrusion has EV/EBIT of N/A
- Kalyani Forge has EV/EBIT of N/A
- Kewaunee Scientific has EV/EBIT of N/A
- Marley Spoon AG has EV/EBIT of N/A
- Houston Wire & Cable has EV/EBIT of N/A