Additional evidence of size difference in market multiples

Business Valuation UpdateVol. 7 No. 11
November 2001
Shannon P. Pratt, CFA, ARM, ABAR, FASA, MCBA, CM&AA
leveraged buyout, market multiples, size effect

Summary

In my last two editorial columns, I presented evidence that smaller companies tend to sell at lower valuation multiples than do larger companies. The accompanying table is further corroboration of tha ...