Test anfragen
Each sector is measured on its 20 largest listed European companies. Every figure is the median of those 20 companies, recalculated each month.
Stable: value ±1 % and beta ±0.03. Up to ±5 % / ±0.06: shifted a bit. Beyond: shifted noticeably. A change of method is shown separately.
The multiple with the lowest dispersion across the 20 companies wins. The sector's reference multiple is only the fallback.
The smartZebra standard is 5 years, monthly. Another setting replaces it only when it passes the two-month rule.
It compares how far the choice of peers and the beta setting move the result: relaxed, settings, peer-selection or handle-with-care corner.
The average statutory tax rate of the 20 companies, each company counted once.
Source: smartZebra app. Median of 20 companies per sector; status compares with the prior month on the same multiple and beta setting. Start a free trial to run the numbers yourself.
Horizontal: how far the median moves with the choice of peers. Vertical: how far it moves with the beta setting. Dashed lines at 40 pp are illustrative.
