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Specifically I was refering to the use of the term market multiple. I posted the whole sentence to try to capture the context in which the term was being used. To me, market multiple does not make any sense without a number and parameter attached to it, i.e. a P/E of 20. I was thinking that it was jargon for another term or idea. Other examples I have seen on the boards are.

"trading at a market multiple"

"in terms of a multiple"

Tom G has used these in several of his post.

Thanks for the help
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