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Due to the fact You will find there's fair level of discretion in what is bundled and never included in the 'ITDA' part of this calculation, it is considered a non-GAAP metric. The EV/EBITDA ratio is often a valuation various and is commonly utilized Furthermore, or as a substitute, to the P/E ratio. And such as the P/E ratio, a reduced variety is usually deemed 'greater' than a better variety.
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