Exit Multiple is a measure used to estimate the value at which an investor exits from an investment made into a business entity at the end of an investment cycle. This is typically used by private equity firms who typically invest for 5-7 years and then exit. The exit multiple is normally determined by the private equity firm’s returns expectation or required earnings to achieve a certain expected returns on an investment which quite often are not dependent on developments on the market in the jurisdiction in which the business is located but on other external factors including alternative investment opportunities in other jurisdictions.