The Orissa Minerals Development EV/EBIT
What is the EV/EBIT of The Orissa Minerals Development?
The EV/EBIT of The Orissa Minerals Development Company 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 Materials sector on NSE compared to The Orissa Minerals Development
What does The Orissa Minerals Development do?
The Orissa Minerals Development Company Limited mines and markets iron ore and manganese ore in India. It also produces and sells sponge iron. The company was incorporated in 1918 and is based in Kolkata, India. The Orissa Minerals Development Company Limited is a subsidiary of Eastern Investments Limited.
Companies with ev/ebit similar to The Orissa Minerals Development
- Deutsche Grundstücksauktionen AG has EV/EBIT of N/A
- Star Peak Transition has EV/EBIT of N/A
- Prosus N.V has EV/EBIT of N/A
- AstroNova Inc has EV/EBIT of N/A
- Hilton Metal Forging has EV/EBIT of N/A
- Grown Up Grp Invest Hldg Ltd has EV/EBIT of N/A
- The Orissa Minerals Development has EV/EBIT of N/A
- Old Holdco has EV/EBIT of N/A
- Clancy has EV/EBIT of N/A
- Graf Industrial has EV/EBIT of N/A
- Kornit Digital Ltd has EV/EBIT of N/A
- 10X Capital Venture Acquisition has EV/EBIT of N/A
- Superior Mining International has EV/EBIT of N/A