The EV to EBIT Ratio counts as Enterprise value divided by EBITDA.
Enterprise value / EBITDA
It shows for what period of time the profit unexpended on depreciation and payment of interest will pay off the cost of acquiring a company. This ratio is especially useful when evaluating capital-intensive enterprises in which depreciation is a significant expense.
Some experts believe that a value below 10 is considered normal, however, comparing this ratio with other companies in the same industry will be a more accurate way to determine a good Enterprise value to EBITDA.