PVC SaaS Index™ | Q2 2022 – SaaS Multiples Are at a 4-Year Low: Where Do They Go From Here?
- Public Markets
- PVC SaaS Index
Practical Summary: Our PVC SaaS Index™ companies trade at just over 8x EV / LTM revenue, lower than at any time since the Q1 2020 market panic that followed the onset of the COVID pandemic. They are trading around where SaaS multiples were in 2017-2018. The median company multiple in our index is down 54%