Why Do You Care About This? It's a very common interview question! Q: "How does EBIT differ from EBITDA? What about EV / EBIT vs. EV / EBITDA? When do you use which one? How does P / E compare to those?" <br />By http://breakingintowallstreet.com/ "Financial Modeling Training And Career Resources For Aspiring Investment Bankers" <br /> <br />And it's very common on the job as well -- you must decide how to value companies and which metrics / multiples to focus on. <br /> <br />http://www.mergersandinquisitions.com/