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" ... The rise in EPS was combined with an increase in CMG’s P/E multiple, which went up from 46x at the end of 2017 to 66x at the end of 2019.This reflects a 42% increase in the multiple fromthe end of 2017 to the end of 2019. The multiple has gone up to 82x currently. This reflects an overall 76% increase in the multiple from the end of 2017 to June 2020. ... "