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Multiple and Element

noun

  • The product of a quantity by an integer.
    • usage: "36 is a multiple of 9"

adjective

  • Having or involving or consisting of more than one part or entity or individual.
    • usage: "multiple birth"; "multiple ownership"; "made multiple copies of the speech"; "his multiple achievements in public life"; "her multiple personalities"; "a pineapple is a multiple fruit"
  • (n.) A quantity containing another quantity a number of times without a remainder.
  • (a.) Containing more than once or more than one; consisting of more than one; manifold; repeated many times; having several or many, parts.

Multiple is a stock's multiple is its price-to-earnings ratio (P/E). It's figured by dividing the market price of the stock by its earnings-either the actual earnings for the past four quarters (called a trailing P/E) or actual figures for the past two quarters plus an analyst's projection for the next two (called a forward P/E). Investors use the multiple as a way to assess whether the price they are paying for the stock is justified by its earnings potential. The higher the multiple they are willing to accept, the higher their expectations for the stock. What's considered high, however, has changed dramatically in recent years as Internet stocks with low earnings (and very high multiples) or no earnings (and therefore no way to compute a multiple) have commanded high prices.

noun

  • An abstract part of something.
    • usage: "jealousy was a component of his character"; "two constituents of a musical composition are melody and harmony"; "the grammatical elements of a sentence"; "a key factor in her success"; "humor: an effective ingredient of a speech"
  • An artifact that is one of the individual parts of which a composite entity is made up; especially a part that can be separated from or attached to a system.
    • usage: "spare components for cars"; "a component or constituent element of a system"
  • Any of the more than 100 known substances (of which 92 occur naturally) that cannot be separated into simpler substances and that singly or in combination constitute all matter.
  • The most favorable environment for a plant or animal.
    • usage: "water is the element of fishes"
  • One of four substances thought in ancient and medieval cosmology to constitute the physical universe.
    • usage: "the alchemists believed that there were four elements"
  • The situation in which you are happiest and most effective.
    • usage: "in your element"
  • A straight line that generates a cylinder or cone. .
(DoD) An organization formed around a specific function within a designated directorate of a joint force commander's headquarters. The subordinate components of an element usually are functional cells.