WHC 2.09% $7.75 whitehaven coal limited

@Hoyer123 you ask what is the multiple Definition The most...

  1. 9,421 Posts.
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    @Hoyer123

    you ask

    what is the multiple

    Definition

    The most common measure of how expensive a stock is. The earnings multiple is equal to a stock's market capitalization divided by its after-tax earnings over a 12-month period, usually the trailing period but occasionally the current or forward period. The value is the same whether the calculation is done for the whole company or on a per-share basis. The higher the earnings multiple, the more the market is willing to pay for each dollar of annual earnings. The last year's earnings multiple would be actual, while current year and forward year earnings multiple would be estimates, but in each case, the "P" in the equation is the current price


    Read more: http://www.investorwords.com/1621/earnings_multiple.html#ixzz4H3sFzuiL

    Hope that helps,

    Cheers
 
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