13:56 May 8, 2002 |
English to Swedish translations [PRO] Bus/Financial / fonder, l�kemedelssektorn | |||||||
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| Selected response from: Peter Linton (X) Local time: 19:02 | ||||||
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? Explanation: Glenn is right. A 'multiple' is the ratio of a share price to the company's annual earnings, also known as 'P/E ratio', or Price/Earnings ratio. So they are saying that this US drug group is trading at multples in line with typical S&P 500 stocks, whereas they used to trade at a 20% higher multiple. The web site below explains better. Sorry I can't give you the Swedish - I am SV>EN only. But I worked for many years as a financial journalist. Reference: http://money.msn.com/investor/research/wizards/SRWTarget.asp... |
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