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I stay at home and look after the children http://rulertube.fun/ rulertube Climbing and investing have one thing in common, the way up is the easy part, it is the way down that tends to be tricky. Make no mistake, easyJet shares look like they are in nose bleed territory after a parabolic rise of more than 61pc this year. The shares now trade on a 2013 earnings multiple of 13.4 times, well above the 12-month average earnings multiple of about 10.8 times. Investors are now paying more than 2.4 times the net asset value for the shares, the 12-month average is about 1.3 times.
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