Updated Multiples?
So 2020 is a new environment. What are some updated multiple ranges now? Obviously you'll see higher multiples for higher growth/higher margin industries like tech vs. the lower margin ones like heavy manufacturing/industrials.
P/E: used to be around 20ish. Seems like 30-ish is the new median? Tech is like 40x+?
EV/EBITDA: 12-15x seems to be standard now? have seen 20-25x+ for data centers/tech focused.
EV/Sales: Still see this floating around 1-2x for whole-sale retailers and 3-4x generally, with COVID/reopening/tech stocks up to 5-7x now.