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Multiple Definition

Multiple – n : finance/valuation term; a general term to describe any metric that is expressed as a multiple of another metric.
Example: The price-to-earnings, or PE multiple, is commonly used as a measure of the relative value of a given public company’s stock compared to that of other companies. The company’s market value of equity per share (share price) is stated in terms of a multiple of reported net income per share (earnings).

Adapted from "The CompanyCrafters Entrepreneur's Dictionary"
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