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I think you inversed the relationship. Multiple R is the correlation between actual and predicted values of the dependant variable. R2 is the modelâs accuracy in explaining the dependant variable. I think there is a testable difference.
DEFINITION of 'Enterprise Multiple'. A ratio used to determine the value of a company. The enterprise multiple looks at a firm as a potential acquirer would, because it takes debt into account-an item which other multiples like the P/E ratio do not include. Enterprise multiple is calculated as: