Meaning???

Discussion in 'IPOs And NFOs' started by Prashanth, Sep 6, 2015.

  1. Prashanth

    Prashanth New Member

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    Can some expert explain the meaning of the sentence “At CMP, the stock is trading at 4.7x and 4.0x FY16E & FY17E EV/EBITDA respectively." How can non-finance investor understand this sentence.
     
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