Video narration
Why can Paras have valuation figures of 170 times, 38 times, and 160 times, yet not be telling you the same thing? If you bought a small business for a multiple of its yearly income, you'd compare its price with one measure. A valuation multiple does the same: it compares a company's value with a financial measure. But those figures may use different measures-sales, earnings, or another number-so they aren't directly comparable. Without their labels, you can't tell what each one says. The number alone tells you how large the ratio is, not whether the business is overpriced. They're not necessarily contradictory. Investors also pay based on what they expect ahead. If they expect growth, they may pay more today relative to current results. So yes, three high numbers can coexist. To know why Paras specifically, you need the metric behind each one and the date.