That price is about 15 times the station's annual profit, one of the highest multiples ever paid for a television station.

How can big companies expect to make back their money after paying such high multiples?

The sales at high multiples of current assessments demonstrate this, he said.

Many still sell at prices that are high multiples of their earnings.

First, stocks on average today are still trading at relatively high multiples of their earnings.

But they will never get the high multiples again.

Though the price was less than anticipated, it remains one of the highest multiples paid for a media company in recent history.

The stock is widely owned, with a high multiple of 53 times the last 12 months' earnings.

I realized that sometimes it did make sense to buy stocks with very high multiples.

Moreover, he said, good restaurant chains trade at higher multiples than food companies.