Ranas

33%
Flag icon
To prevent outliers from skewing numbers, data reporting services that compute and report average values for multiples either throw out outliers when computing the averages or constrain the multiples to be less than or equal to a fixed number. The consequence is that averages reported by two services for the same sector or the market will almost never match up because they deal with outliers differently.
The Little Book of Valuation: How to Value a Company, Pick a Stock and Profit (Little Books. Big Profits)
Rate this book
Clear rating