pass-through rate是什么东西
题目：When concluding their discussion, they make the following observations regarding comparison of valuation multiples for companies across two different countries:
- EV/EBITDA is less likely to be impacted by differences in international accounting standards than P/E or price to free cash flow to equity (P/FCFE).
- When the inflation rates in two countries are the same, the justified P/E multiple should be lower for companies with a higher inflation pass-through rate, all else being equal.
- Assuming all else is equal, a company in a country with high inflation will have lower justified P/E multiples than a company in a country with lower rates of inflation.问这三个说法哪个正确？
