EV/EBITDA in the health & pharmaceuticals sector in Europe 2019-2023, by industry

Average EV/EBITDA multiples in the health & pharmaceuticals sector in Western Europe from 2019 to 2023, by industry

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Source

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Release date

January 2023

Region

Europe

Survey time period

2019 to 2023

Supplementary notes

Western Europe.
Values are as of January each year.
A total of 746 companies were included in the calculation for 2023.
Figures for years 2019 to 2022 were previously published by the source.
Figure for Drugs (Biotechnology) was not given in 2022.

Enterprise value = Market value of equity + Market value of debt - Cash.
EBITDA = Estimated by adding depreciation and amortization back to operating income (EBIT).
Only positive EBITDA companies.

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