As of 2025-07-04, the EV/EBITDA ratio of Ping Identity Holding Corp (PING) is -43.27. EV/EBITDA ratio is calculated by dividing the enterprise value by the TTM EBITDA. PING's latest enterprise value is 2,541 mil USD. PING's TTM EBITDA according to its financial statements is -59 mil USD. Dividing these 2 quantities gives us the above PING EV/EBITDA ratio.
Note: valuation result may not be accurate due to the company's negative EBITDA.
Range | Selected | |
Trailing EV/EBITDA multiples | 8.8x - 10.1x | 9.7x |
Forward EV/EBITDA multiples | 9.3x - 10.8x | 10.3x |
Fair Price | (7.28) - (7.79) | (7.62) |
Upside | -125.5% - -127.3% | -126.7% |
(USD in millions except Fair Price) | |||
Trailing | Forward | ||
Market Cap (USD mil) | EV/EBITDA | EV/EBITDA | |
Ping Identity Holding Corp | 2,459 | N/A | N/A |
Absolute Software Corp | 590 | 12.6x | 12.6x |
GA Express Inc | 0 | 10.6x | 4.1x |
China Intelligence Information Systems Inc | 0 | 1.1x | 0.4x |
OneSpan Inc | 669 | 9.3x | 10.3x |
Progress Software Corp | 2,343 | 9.7x | 24.4x |
Quorum Information Technologies Inc | 41 | 7.9x | 8.4x |
Qualys Inc | 5,452 | 24.6x | 22.9x |
Teradata Corp | 2,219 | 8x | 11.5x |
Xperi Holding Corp | 372 | 12.3x | 9.9x |
Industry median | 9.7x | 10.3x | |
(*) EBITDA | -59 | -59 | |
Enterprise value | (570) | (605) | |
(-) Net debt | 82 | 82 | |
Equity value | -651 | -687 | |
(/) Outstanding shares | 86 | 86 | |
Fair price | -8 | -8 | |