Summarize the Set

Report the range and central tendency of peer multiples, and lean on the median to keep outliers from distorting the read.

By the end you can

✓Summarize a comp set statistically
✓Explain why the median beats the mean here

For each multiple, show the minimum, 25th percentile, median, mean, 75th percentile, and maximum across the peers. This turns a column of numbers into a defensible range.

Prefer the median

One mispriced peer can drag the mean badly. The is resistant to outliers, so it is the usual anchor for the multiple you apply to the target.

Check yourself

Why use the median peer multiple rather than the mean?