These stocks also traded at a trailing 12-month price-to-earnings multiple below their five-year averages.
He uses a valuation of 10x, below the 14x multiple on 2012 estimates for Accenture, and 12x for IBM.
He notes that the stock is now trading below a market multiple.
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Shares trade at 22 times trailing earnings, well below Stryker's 29 multiple.
Price to book of 5x is well above the 3.6x industry average while the price to sales multiple of 0.7x is slightly below the 1x industry average.
For example, the company has historically fetched between 11.7x and 15.5x times cash earnings per share, but it currently trades will below that level at a multiple of around 9.8x.
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Furthermore, a current price-to-sales per share multiple of only 0.31x is well below the historically normal range of 0.36x and 0.71x.
Military recruitment is strong, as it tends to be after wars, but the army is still below its nominal full strength, and multiple and long deployments will hit morale and retention.
He uses a 12x multiple for the profit contribution from this group, well below multiples of 23x for F5, 32x for Riverbed and 45x on Aruba.
In the below gallery you can see the new DualShock 4 from multiple angles.
As we stood on the hillside, overlooking the Quartz Reef vineyard below us and the several subregions across the lake, the multiple terraces, different exposures and other defining facets of certain vineyard areas became apparent.
This advanced avionics system, which rivals that on any airliner, uses multiple large iPad-like displays that provide graphic images of the terrain below, complete navigation information, charts, systems status and a wide range of other details that enhance pilot safety and situational awareness.
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"HDTV Over Internet2 Networks" (see link below) tested the ability of an active network link to carry multiple streams of high definition television.
Juniper's enterprise multiple, a useful metric in assessing deal-making prospects, stands well below an industry average of 13.3 for the U.S. telecommunications equipment makers.
For example, RIMM has normally traded for a price-to-cash earnings multiple of 15.3x to 43.4x, but the current metric falls below that range at 14.8x.
For example, over the last five years CKXE has traded for a price-to-cash earnings multiple of 20.0x to 51.1x, but currently it stands well below that range at 15.8x.
To return to the 1990 multiple, the median price of a home would have had to drop another 7.2% below 2010 levels.
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Natural gas formations are thousands of feet below drinking water aquifers so for contamination to occur the fracking solution would have to move through multiple layers of rocks.
The multiple time frame OBV analysis shows that the daily OBV (not shown) is still above its uptrend but below its WMA while the hourly analysis is negative.
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