multiple

adjective
mul·​ti·​ple | \ ˈməl-tə-pəl How to pronounce multiple (audio) \

Definition of multiple

 (Entry 1 of 2)

1 : consisting of, including, or involving more than one multiple births multiple choices
2 : many, manifold multiple achievements He suffered multiple injuries in the accident.
3 : shared by many multiple ownership
4 : having numerous aspects or functions : various life is very multiple; full of movements, facts, and news— John Galsworthy
5 : being a group of terminals (see terminal entry 2 sense 3) which make a circuit available at a number of points
6 : formed by coalescence of the ripening ovaries (see ovary sense 2) of several flowers a multiple fruit

multiple

noun

Definition of multiple (Entry 2 of 2)

1a : the product of a quantity by an integer 35 is a multiple of 7
b : something in units of more than one or two
3 chiefly British : chain store

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Examples of multiple in a Sentence

Adjective

She made multiple copies of the report. a person of multiple achievements He suffered multiple injuries in the accident.

Noun

35 is a multiple of 7. 12 is a multiple of 6.
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Recent Examples on the Web: Adjective

And, oh yes, there will be a tie-in video game: The Dark Crystal: Age of Resistance Tactics, slated for release later this year across multiple platforms (Nintendo Switch, Xbox One, Playstation 4, Microsoft Windows, and macOS). Jennifer Ouellette, Ars Technica, "Sigourney Weaver, Mark Hamill lend voices to Dark Crystal: Age of Resistance," 13 Aug. 2019 Witnesses say the man, wielding a long knife, attempted to stab multiple people near a busy intersection on Tuesday. Washington Post, "Man arrested after trying to stab several in Sydney; 1 hurt," 13 Aug. 2019 Television crews recorded multiple episodes over the course of a few intense weeks. Paula Johnson, Smithsonian, "Remembering Julia Child," 13 Aug. 2019 The duo traded multiple lawsuits over the past year. Eamon Barrett, Fortune, "What Is Bytedance Searching For?—Data Sheet," 13 Aug. 2019 Last December, Facebook executives were in advanced discussions to buy Houseparty, a social networking app that lets multiple people video chat on their mobile phones at once, said two people with knowledge of the talks. New York Times, "How Facebook Is Changing to Deal With Scrutiny of Its Power," 12 Aug. 2019 Online, the museum attracted more than 2.4 million individual visits to multiple online platforms including its website and ArtLens App. Steven Litt, cleveland.com, "Kusama helped Cleveland Museum of Art hit new attendance record of nearly 865k in FY 2019," 9 Aug. 2019 This is our recurring narrative now: A man is violent toward the women around him, faces few if any consequences, and then goes on being violent and escalating his behavior until multiple people die. Constance Grady, Vox, "The Dayton, Ohio, shooter reportedly kept a “rape list” of potential victims," 5 Aug. 2019 Officers responded to a residential street where multiple people were reportedly engaged in a physical altercation. oregonlive.com, "Vandals leave car coated in salami for some reason: Forest Grove police log," 5 Aug. 2019

Recent Examples on the Web: Noun

Jimmy Butler is an upgrade over Josh Richardson, but at multiples of the price and with many fewer years potentially left in the tank. Ira Winderman, sun-sentinel.com, "ASK IRA: Is One Last Dance 2.0 on the way?," 10 Aug. 2019 Dear Liz: My wife is distressed by your recent column about how many multiples of salary are needed to retire. Liz Weston | Nerdwallet.com, oregonlive.com, "Liz Weston: More on savings guidelines for retirement benefits," 21 July 2019 The most expensive one is semiconductor products maker Advanced Micro-Fabrication Equipment, which priced its IPO at 171 times its earnings—while an informal rule of a multiple of no more than 23 has been the norm for IPO pricing. Jane Li, Quartz, "China’s answer to Nasdaq will finally let markets do their thing," 19 July 2019 The study did not count the number of children -- an important distinction, as some children may have been entered in the database multiple times, the researchers noted. Minali Nigam, CNN, "There was a dramatic rise in kids entering foster care due to parents' drug use, study says," 15 July 2019 Clinton flew on Epstein’s private jet multiple times, the New York Times reported, citing flight records. Martha Ross, The Mercury News, "Donald Trump and Prince Andrew met up in London ahead of Jeffrey Epstein’s arrest on new sex trafficking charges," 8 July 2019 Fairhope junior Riley Leonard probably has been asked the same question multiple times already. Ben Thomas | Bthomas@al.com, al.com, "Basketball or football? Fairhope 2-sport star Riley Leonard in no hurry to make the call," 1 July 2019 NICOLE YANG Bruins center Charlie Coyle has attended a championship parade — multiple, in fact. Nicole Yang, BostonGlobe.com, "Bruins players have long dreamed of winning the Stanley Cup," 11 June 2019 These are usually a multiple of your annual salary. Liz Weston, latimes.com, "Ready to retire? If you’ve saved 8 times your salary by age 60, maybe," 30 June 2019

These example sentences are selected automatically from various online news sources to reflect current usage of the word 'multiple.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.

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First Known Use of multiple

Adjective

1647, in the meaning defined at sense 1

Noun

1660, in the meaning defined at sense 1a

History and Etymology for multiple

Adjective and Noun

French, from Latin multiplex, from multi- + -plex -fold — more at -fold

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More Definitions for multiple

multiple

noun

Financial Definition of multiple

What It Is

A multiple is a relative valuation metric used to estimate the value of a stock.

How It Works

Let's look at an example to illustrate the concept.

Assume that Big Store's stock is trading at $14 and the company's earnings per share (EPS) is $2. Therefore, Big Store's price-to-earnings ratio (P/E) is $14/$2 = 7. This number -- "7" -- is known as a multiple.

Here's how you could use it in your analysis:

Assume the average P/E ratio for the companies in Big Store's industry is 10. By applying the average industry multiple to Big Store's earnings per share (EPS), you can estimate the price Big Store "should" be trading at a higher price. Here's the calculation:

Price = EPS * Multiple

Price = $2 * 10 = $20

In this example, it appears that Big Store's stock price should be trading at $20 instead of $14. If your analysis is correct, you would want to buy the company today and wait for the price to adjust to where it "should" be, locking in a healthy $6 gain.

Why It Matters

You can apply a multiple to any number of performance measures, but some of the most common include EPS, EBITDA, book value and revenue.

Investors use multiples to gain some insight into whether a company's stock price is too high or too low.

Multiples are quick, but limited tools for stock analysis. They can provide a snapshot of a stock’s pot