what is market multiple

Investment analysis factor used to determine if a stock is appropriately priced when compared to its financial situation. It is usually calculated by dividing the stock price by the earnings per share for a particular period. For example, a stock price of $5 for a company earning $1 per share is said to be selling at a multiple of five (or five times earnings). Generally, the higher the market multiple is, the more optimistic the market is regarding the company's future.

'Dunno! Para could probly answer that though