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Fascinating analysis, thanks dafür👍🏻 Do you know how the multiples have developed in the last 10 years? Is a multiple contraction a possible risk?
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@simplemoney I do not have 👌10 years available at the moment. In the last 5 years, the P/E ratio has fallen continuously (2017 still at 59). It has always been historically somewhat higher but is slowly leveling off.
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Top this is hilfreich👍🏻
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