See Raymott's suggestion here.
Student or Learner
Does the underlined below mean XXX is nearly four times that of....?
I need a confirmation.
Thanks in advance.
Global challengers have generated long-term value for their shareholders.Over the past 12 years, they have outperformed the S&P 500, the MSCI Emerging Market Index, and their global peers (multinationals from the same industry and based in a mature market).Their average annual TSR of 17.3% is nearly 3 times greater than that of the MSCI Emerging Markets Index. The average annual TSR of the S&P 500 and global peers, by comparison, is negligible.
Last edited by Eartha; 27-May-2013 at 12:22.
Sorry for the inconvenience.
I have added the context.
Raymott's comment is still relevant.