UK - Private equity multiples at highest for six years

Private equity multiples are at their highest for six years according to new data from accountants and business advisors BDO Stoy Hayward. The Private Equity Price Index (PEPI) which tracks the price earnings ratio of deals involving a private equity buyer has reached a six year high of 17.6. This is compared to 2002 т€“ shortly after the fall-out from the dot com period - when the PEPI was at a six year low of 8.6.