multiple of what? there is maybe one software company trading above 30x revenue - palantir. many companies growing at 20% trade at single digit revenue multiples.

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jmalicki 5 hours ago | parent [-]

Unqualified it almost always means earnings (profits).

	▲	louiereederson 5 hours ago \| parent [-]
		that is really not the case in software, people commonly go between EV/S and EV/FCF for high growth names. also earnings could mean: GAAP earnings, non-GAAP earnings, ebitda, ebita, FCF, FCF ex share based comp.